Home web3.0 Assisterr Raises $1.7 Million, PlayDoge Nears $6 Million in Presale as Web3 Innovation Heats Up

Assisterr Raises $1.7 Million, PlayDoge Nears $6 Million in Presale as Web3 Innovation Heats Up

Jul 26, 2024 pm 06:25 PM
web3 Crypto AI Assisterr Play2Earn PlayDoge

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.

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The cryptocurrency and web3 development sectors continue to witness unprecedented growth and innovation, with two standout projects attracting significant interest. These projects span the worlds of artificial intelligence (AI) infrastructure and Play-to-Earn (P2E) meme coins, showcasing the diverse opportunities emerging in the web3 space.

Assisterr, a Cambridge-based AI infrastructure startup, has successfully closed a $1.7 million pre-seed funding round. The company is renowned for its innovative approach to accelerating AI adoption through community ownership and a network of Small Language Models (SLMs). These models are optimized for efficient performance on edge devices, focusing on specific domain tasks and differing from traditional large language models (LLMs) in their smaller size and enhanced efficiency.

Assisterr leverages the Solana blockchain to empower communities to collaborate, enabling them to aggregate and monetize their data and expertise in specialized subjects through SLMs. Commencing operations in March 2023, Assisterr has already achieved several milestones. The platform has attracted 150,000 registered users and launched over 60 SLMs for leading web3 protocols, including Solana, Optimism, 0g.ai, and NEAR.

The company's achievements extend to winning multiple global hackathons and securing a spot in Google’s AI Startups program, receiving $350,000 in support for its GPU, CPU, and cloud infrastructure needs. This funding will further propel Assisterr's technological advancements and community growth initiatives.

Meanwhile, PlayDoge, a Doge-inspired meme coin with a web3 gaming twist, is capturing the attention of meme coin enthusiasts and investors. This P2E meme coin has raised over $5.8 million in its presale, closing in on the $6 million mark. PlayDoge (PLAY) is positioned as a leading Play-to-Earn meme coin, blending cryptocurrency staking with engaging gameplay.

This project combines the hype of meme coins with the excitement of P2E gaming, targeting a vast audience. PlayDoge's success can be attributed to its clear development plan and commitment to creating a solid product, evident in their active community engagement and upcoming game launch.

The token is currently priced at $0.00522, which is set to increase as the presale progresses. Users can purchase $PLAY tokens on the PlayDoge website using BNB, ETH, or USDT. Notably, bank cards are also accepted for greater accessibility.

The game allows players to stake $PLAY on the BNB Chain and Ethereum network to earn returns and generate 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 TokenomicsPlayDoge 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 ModelPlayDoge'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.

Those interested in joining the next wave of web3 innovation can visit PlayDoge to participate in the $PLAY token presale.

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