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The cryptocurrency and web3 development sectors are witnessing unprecedented growth and innovation, as demonstrated by two standout projects: Assisterr, a Cambridge-based AI infrastructure startup, and PlayDoge, a Play-to-Earn (P2E) meme coin. These projects have successfully attracted significant interest, underscoring the potential for high returns and technological advancement in the web3 space.
Assisterr Raises $1.7 Million in Pre-Seed Funding
Assisterr, dedicated to accelerating artificial intelligence adoption through community ownership and a network of small language models, has successfully closed a $1.7 million pre-seed funding round. This round saw participation from prominent Web3 venture funds, including Web3.com Ventures, Moonhill Capital, Contango, Outlier Ventures, Decasonic, Zephyrus Capital, Wise3 Ventures, Saxon, GFI Ventures, X Ventures, Koyamaki, and Lucid Drakes Ventures.
Notable angel investors such as Michael Heinrich, Mark Rydon, Nader Dabit, Anthony Lesoismier-Geniaux, and Ethan Francis contributed.
Assisterr is leveraging the Solana blockchain to empower communities to collaborate, aggregate, and monetize their data and expertise in specialized subjects through Small Language Models (SLMs). These models are optimized for efficient performance on edge devices, focusing on specific domain tasks. They are smaller and more efficient than traditional large language models (LLMs).
Since its launch, Assisterr has achieved significant milestones, including attracting 150,000 registered users to its platform and launching over 60 SLMs for leading web3 protocols such as Solana, Optimism, 0g.ai, and NEAR.
The company has also won multiple global hackathons and secured a spot in Google’s AI Startups program, receiving $350,000 in support for its GPU, CPU, and cloud infrastructure needs.
PlayDoge Nears $6 Million in Presale
While Assisterr is making strides in the AI sector, PlayDoge is capturing the attention of meme coin enthusiasts and investors alike. This Doge-inspired meme coin with a web3 gaming twist has raised over $5.8 million in its presale, closing in on the $6 million mark. PlayDoge (PLAY) has positioned itself as a leading P2E meme coin, blending cryptocurrency staking with engaging gameplay.
PlayDoge’s success can be attributed to its clear development plan and commitment to creating a solid product. The token is currently priced at $0.00522, expected to rise as the presale progresses. Users can purchase $PLAY tokens on the PlayDoge website using BNB, ETH, or USDT, and bank cards are also accepted.
The game allows players to stake $PLAY on the BNB Chain and Ethereum network to earn returns and passive income. This staking mechanism not only offers rewards to players but also helps secure the network. PlayDoge’s smart contracts have been audited by SolidProof to ensure safety and reliability.
Community Engagement and Tokenomics
PlayDoge has built a strong social media presence with over 6,000 followers on X (formerly Twitter) and more than 11,000 subscribers on Telegram. The team actively engages with the community, sharing updates on milestones, new developments, and future plans.
The project’s tokenomics are well-planned to ensure growth and stability. Out of the total 9.4 billion $PLAY tokens, 50% are allocated to the presale, helping to raise initial funds and distribute tokens widely among early users.
Another 12% is reserved for staking, offering good rewards and supporting network security. Additionally, 10% of the tokens are set aside for development, covering ongoing innovation and operational costs, while 6.5% are allocated for community rewards to encourage user engagement and loyalty.
To maintain liquidity, 11.5% of the tokens are allocated for trading stability on exchanges, and 10% are earmarked for marketing to boost awareness and adoption.
PlayDoge’s Play-to-Earn Model
PlayDoge’s Play-to-Earn model introduces a modern twist on the classic Tamagotchi Pets game. Players care for virtual pets, feed them, play with them, and complete mini-games to earn $PLAY tokens.
The game features a leaderboard where players with the most XP can earn extra tokens, boosting competition and engagement.
The PlayDoge team is currently running a $150 USDT meme competition. This active engagement and the innovative game design highlight PlayDoge’s potential to become a major player in the Web3 gaming market.
GET $PLAY EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
As the cryptocurrency market evolves, projects like Assisterr and PlayDoge demonstrate the potential for high returns and technological innovation. Assisterr’s focus on decentralized AI, community-owned Small Language Models, PlayDoge’s engaging P2E gameplay, and robust tokenomics present compelling opportunities.
For those interested in joining the next wave of web3 innovation, visit PlayDoge to participate in the $PLAY token presale.
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.