We haven’t heard a lot about Sony’s Layer-2 blockchain Soneium since its testnet’s introduction in 2023. Now, the corporate has introduced a four-week contest the place creators, builders, and customers can discover Soneium’s capabilities.
The marketing campaign will likely be hosted on the Galxe platform and can concentrate on gaming, communication, and creativity.
Sony is closely invested in media manufacturing and distribution via Sony Footage and Sony Music, so Soneium provides energy again to artists, sport builders, and followers via accessible, inclusive content material.
This sense of unity lies on the core of Web3 philosophy, significantly decentralized autonomous organizations (DAOs) like Lido and MANTRA. Group governance drives these initiatives towards shared targets and is commonly simpler than centralized decision-making.
If Soneium beneficial properties mainstream adoption, these DAOs may additionally profit from rising demand for initiatives that put the neighborhood first.
1. Wall Road Pepe ($WEPE) Raises $63M with Group-Centric Strategy
Wall Street Pepe ($WEPE) is an attention-grabbing DAO-like crypto venture. Nonetheless on presale, it raised over $63M, changing into the second-most-popular presale so far (behind solely Pepe Unchained).
The rationale for such robust momentum is neighborhood help in opposition to institutional buyers – presale patrons have develop into bored with whales manipulating the market and determined to stand up in opposition to them.
$WEPE holders will obtain key buying and selling insights to assist them discover hidden crypto gems and revenue like by no means earlier than.
Whereas technically not a DAO, Wall Road Pepe checks all of the packing containers of 1:
- Robust neighborhood incentives and a loyal basis
- Rewarding customers for taking part in ecosystem selections
The venture is all about giving energy again to the unbanked and making a freer crypto market the place common merchants don’t get hoodwinked by giant whales.
The idea of DAOs is just not new, however by no means earlier than has a venture inspired lively participation this fashion. In conventional DAOs, customers usually neglect to train their governance rights as a result of they don’t have a powerful incentive. Wall Road Pepe adjustments this.
The presale hasn’t ended; there’s nonetheless a chance to buy $WEPE at a low value and be part of this quickly rising neighborhood. Specialists predict $WEPE to surge 100x after it’s listed on exchanges.
2. MIND of Pepe ($MIND), an AI Agent with a Vibrant Future
MIND of Pepe ($MIND) is one other community-centric meme coin presale that takes a distinct method to DAO-based rewards.
The AI agent will curate crypto suggestions and insights after analyzing developments and crypto intelligence in actual time.
Higher but, this will likely be an automatic course of. The AI will work together with influencers and interact with decentralized communities and platforms all by itself.
Though not a standard DAO venture, $MIND behaves like one in each manner. Holders will obtain unique rewards within the type of crypto insights and analyses.
And everyone seems to be incentivized to HODL and contribute to the ecosystem by staking their tokens. Thus far, over 670M tokens have been staked for a jaw-dropping 522% APY.
One $MIND is now $0.0032144, and the presale has raised $4.2M, with the worth rising within the subsequent 14 hours.
Contemplating the AI trade is estimated to reach $826B by 2030, it’s straightforward to see how AI agent initiatives like $MIND are catching a lot investor consideration.
3. Audius ($AUDIO), With Soneium, May Reignite the Decentralized Music Revolution
Audius is a longtime venture that hit the market in 2020. Nonetheless, after the preliminary hype wore off, it struggled to achieve adoption, and the worth of the $AUDIO token dropped from $4 to $0.13.
The Soneium mainnet launch may breathe new life into $AUDIO.
Audius is a decentralized music streaming protocol that provides creators full management over their content material. It additionally connects artists with followers via direct messaging and reside streams.
Conventional music streaming apps like Spotify take as much as 70% of artist income. Which means indie creators can barely earn sufficient for espresso, so Audius implements a tipping system the place artists get 100%.
Soneium’s and Audius’ imaginative and prescient aligns, so the venture may very properly migrate from Solana to this new community sooner or later.
4. MANTRA ($OM) Surges 4,503% Yr-to-Date, New Data Forward?
MANTRA ($OM) is the second-largest DAO token with a $4.4B market cap. It grew 4,503% since January 2024 and hit a brand new all-time excessive of $5 three days in the past.
What’s so particular about it? And is that this the highest?
MANTRA is a decentralized finance protocol that gives companies like staking, lending, and real-world asset tokenization. However community-led governance is one in all MANTRA’s important appeals.
On high of that, MANTRA integrates the Cosmos ecosystem for interoperability with different blockchains via the Inter-Blockchain Communication protocol.
As an Ethereum-based venture, MANTRA may additionally combine with Soneium and lead for instance for different DeFi platforms on the community.
Last Remarks
The principle distinction between Web2 and Web3 isn’t the expertise – it’s the imaginative and prescient. Tasks like Soneium, Wall Street Pepe, MIND of Pepe, Audius, and MANTRA create new governance and financial fashions the place anybody could make an impression.
However keep in mind, whereas these initiatives maintain a lot promise, no beneficial properties are assured within the crypto world. We remind you to DYOR and diversify to offset potential losses.