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THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

TELEFÓNICA AND NOVA LABS LAUNCH HELIUM MOBILE HOTSPOTS IN MEXICO

Telefónica is partnering with Nova Labs to extend mobile coverage in Mexico City and Oaxaca using Helium Mobile Hotspots. The technology, based on the OpenWifi standard, allows select Movistar customers access to the Helium Mobile Network using their existing SIM cards. The solution is expected to reduce infrastructure costs and environmental impact while maintaining high-quality service and expanding coverage.

SOLANA TOKEN EXTENSIONS FOR NATIVE SUPPORT FOR ENTERPRISE-GRADE USE CASES

Solana has introduced a concept called token extensions, a development allowing for specialized functions at the token level. Created in partnership with regulated institutions, these plug-and-play tools are designed to reduce engineering efforts in tokenizing assets on Solana. Extensions already used by Paxos and GMO Trust include permanent delegation and metadata pointers for their stablecoin launches. Tools like these enable streamlined KYC verification, transferring hooks, transaction fees, and more, boosting Solana's appeal to developers and businesses alike.

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This thread provides some tips for staying ahead in the crypto market. The tips include regularly checking crypto price charts to identify trends, journaling trade rationale and outcomes, understanding market trends and structures, tracking smart money, looking into pre-launch projects, monitoring relevant data changes, and staying up-to-date through trusted curators. The author also recommends going through governance proposals daily to keep up-to-speed with potential catalysts for coins.

MINTING IS THE NATIVE BUSINESS MODEL FOR WEB3 (AND MAYBE AI TOO)

This post explains how web3 offers an alternative to Big Tech data dominance, allowing users to own their data. Platforms like Zora let users mint digital artwork, paying a small fee to creators. The collector owns a copy of the work in their portfolio, which in a sense creates a dataset that they have full control over. This could open up the potential for those in the space to leverage AI/ML on top of these open datasets to monetize them further or allow for better discovery of art and artists.

INDEXING CRYPTO TWITTER NARRATIVE MINDSHARE IN 2023

This post breaks down what the most popular narratives were on Crypto Twitter last year. The dominant narrative of 2023 was AI, with almost a third of the ‘mindshare’ throughout the year. Ordinals, GameFi, and Layer 2s were all also notable themes last year, with mindshares in the high single digits. New narratives like ETFs and DePIN gained momentum in late 2023, while SocialFi had a short surge in August. As of this month, ETFs remain a focal point, with AI and DePIN also gaining momentum. On the other hand, GameFi and SocialFi have lost some mindshare.

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