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BNB Incubation Alliance Showcases Promising Blockchain Projects at Bitcoin 2024 and EthCC | IDOs News
The BNB Chain Incubation Alliance (BIA) has recently made significant strides within the blockchain community, showcasing the potential of early-stage projects at two major events: EthCC in Brussels and Bitcoin 2024 in Nashville, according to the BNB Chain Blog.
How BIA Works
The BNB Incubation Alliance (BIA) functions as an incubator aimed at expediting the growth of early-stage blockchain projects. It operates through a series of global events, in collaboration with prominent venture capitalists, incubators, and developer communities. The alliance aligns with BNB Chain’s vision of onboarding the next billion Web3 users by providing crucial support to startups and developers.
BIA: A Key Part of BNB Chain’s Builder Support Program
Winners of the BIA are granted entry into BNB Chain’s Most Valuable Builder (MVB) program, where they can receive potential grants and access services worth up to $300,000 through the Launch-as-a-Service (LaaS) package. BIA offers a comprehensive range of resources designed to support project growth within the ecosystem. This includes:
- Ideation Phase: Hackathons and MVB programs to nurture early-stage ideas, with potential grants from BNB Chain and investments from Binance Labs.
- Post-Deployment Phase: Incentives and grants based on key performance metrics such as daily active users (DAU), total value locked (TVL), and trading volumes to ensure sustainable growth.
- Additional Support: Business development, 24/6 tech support, and marketing assistance.
Bitcoin 2024, Nashville
The BIA event at Bitcoin 2024 in Nashville was a significant gathering of blockchain and crypto investment experts. The event featured insightful discussions on the future of blockchain technology and the support for early-stage projects. Representatives from organizations like Binance Labs, Stanford Blockchain Accelerator, Franklin Templeton, and Polychain Capital participated as judges.
Highlights
The expert panel discussed topics such as the importance of exceptional founders, sustainable business models, and Bitcoin adoption. Key points included the need for Layer 2 solutions to offer unique products and the ongoing interest in AI and decentralized infrastructure.
Winners (Alphabetical Order):
- Avalon Finance: A liquidity hub for BTC LSDFi and CeDeFi lending.
- Bedrock: A multi-assets restaking protocol.
Other Participating Projects:
- Rivo: Self-custodial app with one-click access to DeFi yields.
- KvantsAI: Marketplace for Omni Chain AI-driven quantitative trading strategies.
- Folks Finance: Cross-chain DeFi hub platform.
- BitRivals: Data layer connecting any game to the blockchain.
- Trips: IP protection for the new data economy.
- RNDM: Decentralized AI liquidity layer for user trading intent resolution.
- The Colony: Social marketplace for collectors and resellers.
- Moso: Blockchain-powered referral and rewards programs for brands.
- ZKT Network: Web3 compliance with Layer 2 ecosystem innovation.
- Catalog: Fastest Bitcoin-centric interoperability protocol.
- iAgent: DePIN decentralized computing for training AI agents from gameplay footage.
- DePHY: Framework for launching DePin applications.
- GoldLink: Institutional-grade prime brokerage on-chain.
EthCC, Brussels
The BIA also had a successful event at EthCC in Brussels in July, supported by sponsors Alchemy and Open Ledger. The purpose was to accelerate the growth of promising early-stage blockchain projects. Representatives from Binance Labs, Bitkraft, Zero Knowledge Ventures, and Outlier Ventures participated as judges.
Highlights
The event featured keynote addresses and project presentations, showcasing cutting-edge developments in blockchain technology.
Winners (Alphabetical Order):
- Balloon Dogs: The first DeFi Abstraction Layer.
- Blackwing: Liquidation-free margin on meme coins.
- Payman: Making it easy for AIs to pay humans.
Other Participating Projects:
- Skate Chain: A unified liquidity layer engine.
- Bandoo: Payment gateway for LATAM.
- uDex: Decentralized platform for spot and leverage cryptocurrency trading.
- OpenSocial: Protocol for next-gen social apps and SocialFi ecosystems, supporting multichain.
- Alaya AI: Provides real-time reporting and analytics for businesses to track progress, adapt strategies, and make informed decisions.
- ADOT Network: Decentralized AI search tool for Web3 discovery.
- Arkis Finance: Offers capital-efficient undercollateralized leverage for DeFi financial institutions and traders.
- ION Protocol: Open source protocol supporting Ethereum stakers and restakers, unlocking new applications for their assets.
- Absinthe: Instant launch of points programs with no code required.
- Bloom: Leading wallet for the IOTA and Shimmer ecosystem, managing crypto, DeFi, and NFTs.
- PurerAir: Addresses global air pollution with a decentralized network of real-time air quality data through wearable sensors, using blockchain and AI for reliable data management and rewarding contributors with tokens.
- OpenLayer: Modular data layer for data interoperability, supporting both web2 and web3 companies. Leading AVS on EigenLayer mainnet with over 40 operators and $5B in restaked assets. Backed by a16z CSX, Geometry Ventures, and others.
- PLUR: Social finance layer to rechannel liquidity and attention for the greater good, aiming to bring crypto to 1 billion people.
- Lookonchain: Uses advanced natural language processing (NLP) to translate complex blockchain data into human-readable insights.
- Moelive: Live streaming app that makes users super cute using AI.
- AAA (All Access Anonymous): Revolutionizes the live experience economy by bringing music, entertainment, and cultural experiences onchain.
- Holonym: Privacy-preserving identity protocol using zero knowledge proofs to verify user facts without revealing their full identity.
- YieldNest: LRT allowing users to restake in selected AVS category baskets like DeFi, AI, oracles, and bridges.
- Kasu Finance: Optimizes businesses’ cash flows for RWA lending to improve credit risk and deliver superior risk management with higher yields.
- Mira: AI infrastructure solution making AI development streamlined and developer-friendly.
Looking Ahead
BNB Chain’s vision extends beyond providing support; it aims to help startups and developers achieve real business success and transition into mainstream adoption. Through initiatives like the BNB Incubation Alliance, BNB Chain continues to empower startups and developers to make meaningful contributions to the Web3 ecosystem.
The events at Bitcoin 2024 and EthCC underscored the potential of early-stage projects and highlighted BNB Chain’s robust support ecosystem. Stay tuned for more updates and opportunities from BNB Chain as they continue to foster the next generation of blockchain innovation.
Image source: Shutterstock
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Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News
By Terry Ashton, updated August 31, 2024
Online gambling is going mobile — over 50% of players are already playing casino games on their mobile devices, and their number is expected to grow further. But does a mobile app have actual advantages over browser-based play? We decided to do more profound research by accessing and trying gambling on a desktop browser, mobile browser, and the app. That allowed us to distinguish casino mobile applications’ key benefits and drawbacks. If you’re considering using one, just keep reading — we will share some helpful insights below.
Benefits of Mobile Play at Pin Up Casino
The rise of online gambling happens for multiple reasons, including the following ones:
- Ultimate accessibility. You can access the app anywhere, even on the go. You don’t need to take additional actions — the casino opens with just one click.
- Lower Internet requirements, offline play. If you play for fun, you can do it even without an Internet connection. If you prefer to play real money, the requirements for an Internet connection will still be much lower because most data is already downloaded to your device.
- Push notifications. You can immediately learn about the new top promotions and the hottest games without checking your email.
- Special bonuses. Sometimes, special bonuses are granted to mobile players. Some casinos may add them occasionally to encourage players to play on apps.
- The same game selection. If a casino is modern and cooperates with top providers, all games will be compatible with mobile devices. For instance, if you play at Pin Up casino online, you can access the same collection of games. That goes not only for slots but also for live games, table games, etc.
- Higher security standards. The app is protected even better than the site. Data is encrypted, and the chance that anyone will access your account is close to zero.
Registration also goes smoothly. Once you sign up on the browser or app, you can access the platform with just one click by entering your Pin Up login and password.
Considering the Cons: Potential Drawbacks of Using a Pin-Up Mobile App
Nothing is perfect, and neither are casino apps. Gamblers should also consider the drawbacks, and the most common ones are as follows:
- Installing software is a must. You need to install the software on your phone. It’s safe if it’s the official casino site and a good product. However, clicking on the wrong link and downloading the wrong APK file may result in problems.
- Battery drain and storage space. It’s no secret that charging the phone all the time is annoying, and innovative slots with top graphics may drain your battery quickly. Also, though most apps don’t take much space (in the case of Pin Up, it’s just about 100 Mb), they still require more effort to manage it.
- Compatibility requirements. Any app will have technical requirements, and most aren’t compatible with old mobile devices and tablets. Also, you’ll need to install updates quite regularly.
- Smaller screen. This is a disadvantage for those who prefer playing on larger screens, particularly those who prefer live dealer games.
Do the pros outweigh the cons for you? If yes, the mobile app will boost your experience. If not, browser play may be a better option.
Final Thoughts: The App vs. Browser Play at Pin-Up Casino
Technology is shaping the industry. Nowadays, there’s no such significant difference between playing on a mobile app and a mobile or desktop browser. You get the same game selection, the same bonuses, and the same smooth experience. So, it’s a matter of taste. Choose what will work best for you and enjoy your play.
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NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News
NVIDIA has unveiled an innovative method called Regularized Newton-Raphson Inversion (RNRI) aimed at enhancing real-time image editing capabilities based on text prompts. This breakthrough, highlighted on the NVIDIA Technical Blog, promises to balance speed and accuracy, making it a significant advancement in the field of text-to-image diffusion models.
Understanding Text-to-Image Diffusion Models
Text-to-image diffusion models generate high-fidelity images from user-provided text prompts by mapping random samples from a high-dimensional space. These models undergo a series of denoising steps to create a representation of the corresponding image. The technology has applications beyond simple image generation, including personalized concept depiction and semantic data augmentation.
The Role of Inversion in Image Editing
Inversion involves finding a noise seed that, when processed through the denoising steps, reconstructs the original image. This process is crucial for tasks like making local changes to an image based on a text prompt while keeping other parts unchanged. Traditional inversion methods often struggle with balancing computational efficiency and accuracy.
Introducing Regularized Newton-Raphson Inversion (RNRI)
RNRI is a novel inversion technique that outperforms existing methods by offering rapid convergence, superior accuracy, reduced execution time, and improved memory efficiency. It achieves this by solving an implicit equation using the Newton-Raphson iterative method, enhanced with a regularization term to ensure the solutions are well-distributed and accurate.
Comparative Performance
Figure 2 on the NVIDIA Technical Blog compares the quality of reconstructed images using different inversion methods. RNRI shows significant improvements in PSNR (Peak Signal-to-Noise Ratio) and run time over recent methods, tested on a single NVIDIA A100 GPU. The method excels in maintaining image fidelity while adhering closely to the text prompt.
Real-World Applications and Evaluation
RNRI has been evaluated on 100 MS-COCO images, showing superior performance in both CLIP-based scores (for text prompt compliance) and LPIPS scores (for structure preservation). Figure 3 demonstrates RNRI’s capability to edit images naturally while preserving their original structure, outperforming other state-of-the-art methods.
Conclusion
The introduction of RNRI marks a significant advancement in text-to-image diffusion models, enabling real-time image editing with unprecedented accuracy and efficiency. This method holds promise for a wide range of applications, from semantic data augmentation to generating rare-concept images.
For more detailed information, visit the NVIDIA Technical Blog.
Image source: Shutterstock
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AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News
AMD has announced advancements in its Radeon PRO GPUs and ROCm software, enabling small enterprises to leverage Large Language Models (LLMs) like Meta’s Llama 2 and 3, including the newly released Llama 3.1, according to AMD.com.
New Capabilities for Small Enterprises
With dedicated AI accelerators and substantial on-board memory, AMD’s Radeon PRO W7900 Dual Slot GPU offers market-leading performance per dollar, making it feasible for small firms to run custom AI tools locally. This includes applications such as chatbots, technical documentation retrieval, and personalized sales pitches. The specialized Code Llama models further enable programmers to generate and optimize code for new digital products.
The latest release of AMD’s open software stack, ROCm 6.1.3, supports running AI tools on multiple Radeon PRO GPUs. This enhancement allows small and medium-sized enterprises (SMEs) to handle larger and more complex LLMs, supporting more users simultaneously.
Expanding Use Cases for LLMs
While AI techniques are already prevalent in data analysis, computer vision, and generative design, the potential use cases for AI extend far beyond these areas. Specialized LLMs like Meta’s Code Llama enable app developers and web designers to generate working code from simple text prompts or debug existing code bases. The parent model, Llama, offers extensive applications in customer service, information retrieval, and product personalization.
Small enterprises can utilize retrieval-augmented generation (RAG) to make AI models aware of their internal data, such as product documentation or customer records. This customization results in more accurate AI-generated outputs with less need for manual editing.
Local Hosting Benefits
Despite the availability of cloud-based AI services, local hosting of LLMs offers significant advantages:
- Data Security: Running AI models locally eliminates the need to upload sensitive data to the cloud, addressing major concerns about data sharing.
- Lower Latency: Local hosting reduces lag, providing instant feedback in applications like chatbots and real-time support.
- Control Over Tasks: Local deployment allows technical staff to troubleshoot and update AI tools without relying on remote service providers.
- Sandbox Environment: Local workstations can serve as sandbox environments for prototyping and testing new AI tools before full-scale deployment.
AMD’s AI Performance
For SMEs, hosting custom AI tools need not be complex or expensive. Applications like LM Studio facilitate running LLMs on standard Windows laptops and desktop systems. LM Studio is optimized to run on AMD GPUs via the HIP runtime API, leveraging the dedicated AI Accelerators in current AMD graphics cards to boost performance.
Professional GPUs like the 32GB Radeon PRO W7800 and 48GB Radeon PRO W7900 offer sufficient memory to run larger models, such as the 30-billion-parameter Llama-2-30B-Q8. ROCm 6.1.3 introduces support for multiple Radeon PRO GPUs, enabling enterprises to deploy systems with multiple GPUs to serve requests from numerous users simultaneously.
Performance tests with Llama 2 indicate that the Radeon PRO W7900 offers up to 38% higher performance-per-dollar compared to NVIDIA’s RTX 6000 Ada Generation, making it a cost-effective solution for SMEs.
With the evolving capabilities of AMD’s hardware and software, even small enterprises can now deploy and customize LLMs to enhance various business and coding tasks, avoiding the need to upload sensitive data to the cloud.
Image source: Shutterstock
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