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SkyAI presale raises $50 million in 36 hours, setting record on BNB Chain

SkyAI presale raises $50 million in 36 hours, setting record on BNB Chain

Business Upturn24-04-2025

By GlobeNewswire Published on April 24, 2025, 19:29 IST
Massive interest in new data infrastructure project signals renewed market enthusiasm
HONG KONG, April 24, 2025 (GLOBE NEWSWIRE) — BNB Chain — SkyAI, a Web3 data infrastructure platform, has raised approximately $50 million in its presale conducted via Four.meme, drawing participation from 112,306 unique addresses in just 36 hours. The presale, launched on April 17, marked the first-ever presale on BNB Chain and was oversubscribed by 167 times, making it the largest presale not only in the history of BNB Chain but across all blockchain networks to date.
SkyAI aims to provide foundational infrastructure for large language model (LLM) applications by extending the Model Context Protocol (MCP) to connect blockchain data. The protocol is compatible with existing MCP clients and introduces specialized clients for enhanced data functionality.
Currently aggregating over 10 billion rows of data from BNB Chain and Solana, SkyAI plans to integrate Ethereum and Base through MCP data servers. In addition, the project has introduced the concept of 'data liquidity' and intends to launch an MCP marketplace, building toward a decentralized, on-chain data economy.
SkyAI has pledged that 100% of its token supply will be allocated to supporters and participants, with zero token retention by the team, underlining its community-first approach. The project encourages all token holders to contribute to the development of the SkyAI MCP OS and its broader ecosystem.
During the presale period, SkyAI's social media traction surged, with its official X (formerly Twitter) account gaining over 10,000 new followers. Tweets averaged 30,000 views, peaking at 125,000 views, demonstrating significant public interest and engagement.
The successful launch also had ripple effects for the hosting platform, Four.meme, which has emerged as one of the most prominent protocols on BNB Chain. At times, it even surpassed Pump.fun in daily revenue. In response to the presale's overwhelming success, Four.meme has updated its token launch model to better support future projects.
SkyAI's performance is already reshaping investor behavior, with many now closely monitoring upcoming launches on BNB Chain. The momentum may be signaling a potential bull run for BSC—a trend market observers will be watching with keen interest.
Contact:Mason Xu
[email protected]
Disclaimer : This is a paid post and is provided by SkyAI . The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.
Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c3f7682-d08b-45bb-a63e-68f164860815
https://www.globenewswire.com/NewsRoom/AttachmentNg/c10e0083-1d8f-4038-ba74-be4922f3c79e
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

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ASUS Republic of Gamers Announces the ROG Xbox Ally and ROG Xbox Ally X, Raising the Standard for Gaming Handhelds
ASUS Republic of Gamers Announces the ROG Xbox Ally and ROG Xbox Ally X, Raising the Standard for Gaming Handhelds

Business Upturn

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  • Business Upturn

ASUS Republic of Gamers Announces the ROG Xbox Ally and ROG Xbox Ally X, Raising the Standard for Gaming Handhelds

KEY POINTS All-day comfort : Redesigned chassis is purpose-built to fit the hands like a real gamepad : Redesigned chassis is purpose-built to fit the hands like a real gamepad Seamless software experience : New Xbox ® software offers the best of Xbox and Windows PC gaming in one handheld : New Xbox software offers the best of Xbox and Windows PC gaming in one handheld Efficiency and performance: Two new processors offer incredible AAA and indie gaming experiences LOS ANGELES, June 08, 2025 (GLOBE NEWSWIRE) — ASUS Republic of Gamers (ROG) is proud to announce an all-new series of Ally handhelds built from the ground up with improved ergonomics and a seamless player-first user experience. Developed in partnership with the incredible team at Xbox, the new ROG Xbox Ally and ROG Xbox Ally X offer best-in-class ergonomics and a full-screen Xbox experience that marries the best of Xbox and PC gaming in one cohesive package. 'We wanted to take our handheld to the next level, but we could not do it alone.' said Shawn Yen, Head of the Consumer product team at ASUS. 'This revolutionary partnership with Microsoft allowed us to forge a brand new device with ROG muscle and the soul of Xbox.' The ROG Xbox Ally sports an AMD Ryzen™ Z2 A Processor with incredible power efficiency, while the ROG Xbox Ally X offers the new AMD Ryzen™ AI Z2 Extreme Processor for next-level gaming performance. Both launch holiday 2025 in select markets, with additional markets to follow. All-day comfort The ROG Xbox Ally and the ROG Xbox Ally X feature a completely redesigned chassis. Gaming on handheld is a very personal experience, and comfort in the hand is a key pillar of a well-designed device. With years of feedback on the original Ally and Ally X, the ROG Xbox Ally series offers a more comfortable grip than ever, inspired by Xbox. With a redesigned palm rest and texturing patterns to keep gamers locked on target, the ROG Xbox Ally series truly raises the bar for comfort with a handheld gaming device. The ROG Xbox Ally X also features impulse triggers, improving the haptics in supported games. These triggers allow for more nuance and immersion and are a feature that Xbox gamers have come to expect with their controllers. These devices are the most comfortable and immersive handhelds ever built by ROG. Seamless software experience While the ROG Armoury Crate Special Edition software made the original Ally easy to use, ROG and Xbox aimed to make handheld gaming even more seamless on Windows 11. 'We wanted to create an authentic Xbox experience in a handheld form factor,' explained Roanne Sones, CVP at Xbox. 'With ROG, we made it happen on the Xbox Ally and Xbox Ally X.' As soon as players power on the device, they enter the full screen Xbox experience. Powered by Windows 11 underneath, this software has been optimized for the ROG Xbox Ally, reducing system overhead and offering easy joystick and button navigation. Quick access to settings and customizable widgets are available via Game Bar with a single press of the Xbox button. But with the full freedom of Windows 11 running under the hood, games and mods from other sources are still easily accessible. The ROG Xbox Ally series offers the power of Xbox, the craftsmanship of ROG, and the versatility of Windows, all in one cohesive device. Efficiency and performance The ROG Xbox Ally X features the new top-of-stack AMD Ryzen AI Z2 Extreme Processor, giving it plenty of horsepower even in AAA games. Combined with software optimizations from the new Xbox experience, the ROG Xbox Ally X stands ready to provide gamers with next-gen handheld performance. 'Battery life is paramount on handhelds like the ROG Xbox Ally and Ally X,' said Jack Huynh, Senior Vice President and General Manager of AMD. 'The Ryzen Z2 series improves efficiency over the previous generation while still offering excellent performance in modern games.' The ROG Xbox Ally offers console-caliber performance with its AMD Ryzen Z2 A Processor. At the same time, its ultra-efficient design at low wattages and its 60Wh battery produce improved battery life. Meanwhile, the ROG Xbox Ally X takes performance to greater heights, offering more room for graphical fidelity at higher framerates with the AMD Ryzen AI Z2 Extreme Processor. Both chips are primed to take full advantage of AMD's latest software suite for graphics and performance improvements, including AMD FidelityFX™ Super Resolution (FSR), Radeon Super Resolution (RSR), and AMD Fluid Motion Frames (AFMF) frame generation, the latter of which can offer better framerates for improved smoothness. In a nod to the future, the AMD Ryzen AI Z2 Extreme-equipped ROG Xbox Ally X features an NPU. With these next-generation chips, the ROG Xbox Ally X will be ready to power the latest AI features as they are introduced. At launch this holiday, the ROG Xbox Ally and ROG Xbox Ally X will be available in Australia, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, Thailand, Turkey, the United Arab Emirates, the United Kingdom, and the United States, with availability to follow for other markets where ROG Ally series products are sold today. For more information, please visit Users can also sign up on the page to get notified when pre-orders go live. SPECIFICATIONS ROG Xbox Ally X (2025) Operating System Windows 11 Home Comfort & input Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort, complete with impulse triggers for enhanced control ABXY buttons / D-pad / L & R impulse triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU Processor AMD Ryzen™ AI Z2 Extreme Processor Display 7' FHD (1080p) IPS, 500 nits, 16:9120Hz refresh rateFreeSync Premium Corning® Gorilla® Glass Victus® + Corning DXC Anti-Reflection Memory 24GB LPDDR5X-8000 Storage 1TB M.2 2280 SSD for easier upgrade Network and Communication Wi-Fi 6E (2 x 2) + Bluetooth® 5.4 I/O Ports 1x USB4® with DisplayPort™ 2.1 / Power Delivery 3.0, Thunderbolt™ 4 compatible 1x USB 3.2 Gen 2 Type-C® with DisplayPort™ 2.1 / Power Delivery 3.0 1x UHS-II microSD card reader (supports SD, SDXC and SDHC; UHS-I with DDR200 mode) 1x 3.5mm Combo Audio Jack Battery 80Wh Dimensions 290.8 (W) x 121.5 (D) x 50.7 (H) mm Weight 715 grams Included ROG Xbox Ally X 65W charger Stand ROG Xbox Ally (2025) Operating System Windows 11 Home Comfort & input Contoured grips inspired by Xbox Wireless Controllers deliver all-day comfort ABXY buttons / D-pad / L & R Hall Effect analog triggers / L & R bumpers / Xbox button / View button / Menu button / Command Center button / Library button / 2x assignable back buttons / 2x full-size analog sticks / HD haptics / 6-Axis IMU Processor AMD Ryzen™ Z2 A Processor Display 7' FHD (1080p) IPS, 500 nits, 16:9 120Hz refresh rate FreeSync Premium Corning® Gorilla® Glass Vitus® + Corning DXC Anti-Reflection Memory 16GB LPDDR5X-6400 Storage 512GB M.2 2280 SSD for easier upgrade Network and Communication WiFi 6E (2 x 2) + Bluetooth® 5.4 I/O Ports 2x USB 3.2 Gen 2 Type-C® with DisplayPort™ 2.1 / Power Delivery 3.0 1x UHS-II microSD card reader (supports SD, SDXC and SDHC) 1x 3.5mm Combo Audio Jack Battery 60Wh Dimensions 290.8 (W) x 121.5 (D) x 50.7 (H) mm Weight 670 grams Included ROG Xbox Ally 65W charger Stand NOTES TO EDITORS ROG Facebook: ROG X (Twitter): ASUS Pressroom: ASUS Canada Facebook: ASUS Canada Instagram: ASUS Canada YouTube: ASUS Global Twitter: About ROG Republic of Gamers (ROG) is an ASUS sub-brand dedicated to creating the world's best gaming hardware and software. Formed in 2006, ROG offers a complete line of innovative products known for performance and quality, including motherboards, graphics cards, system components, laptops, desktops, monitors, smartphones, audio equipment, routers, peripherals and accessories. ROG participates in and sponsors major international gaming events. ROG gear has been used to set hundreds of overclocking records and it continues to be the preferred choice of gamers and enthusiasts around the world. To become one of those who dare, learn more about ROG at A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.

Miningcoop announced that it will comprehensively increase the interest rate of cloud mining contracts, and the daily return on investment for mining Bitcoin & Dogecoin can reach 6.8%.
Miningcoop announced that it will comprehensively increase the interest rate of cloud mining contracts, and the daily return on investment for mining Bitcoin & Dogecoin can reach 6.8%.

Business Upturn

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Miningcoop announced that it will comprehensively increase the interest rate of cloud mining contracts, and the daily return on investment for mining Bitcoin & Dogecoin can reach 6.8%.

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Choose a High-Yield Plan: Select from a wide variety of BTC and DOGE mining contracts with flexible durations and stable daily returns. Select from a wide variety of BTC and DOGE mining contracts with flexible durations and stable daily returns. 4. Multi-Currency Payment, Instant Start: Pay using BTC, USDT, ETH, or DOGE—mining begins automatically after payment, no manual setup needed. Pay using BTC, USDT, ETH, or DOGE—mining begins automatically after payment, no manual setup needed. 5. Track Your Earnings in Real-Time: The user dashboard provides transparent insights into daily profits, balances, contract progress, and withdrawal history. The user dashboard provides transparent insights into daily profits, balances, contract progress, and withdrawal history. 6. Withdraw or Reinvest: Once your account reaches $200, withdraw at any time or reinvest into a new plan to enjoy compound growth. 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Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

The future of AI will be governed by protocols no one has agreed on yet
The future of AI will be governed by protocols no one has agreed on yet

Business Insider

time8 hours ago

  • Business Insider

The future of AI will be governed by protocols no one has agreed on yet

The tech industry, much like everything else in the world, abides by certain rules. With the boom in personal computing came USB, a standard for transferring data between devices. With the rise of the internet came IP addresses, numerical labels that identify every device online. With the advent of email came SMTP, a framework for routing email across the internet. These are protocols — the invisible scaffolding of the digital realm — and with every technological shift, new ones emerge to govern how things communicate, interact, and operate. As the world enters an era shaped by AI, it will need to draw up new ones. But AI goes beyond the usual parameters of screens and code. It forces developers to rethink fundamental questions about how technological systems interact across the virtual and physical worlds. How will humans and AI coexist? How will AI systems engage with each other? And how will we define the protocols that manage a new age of intelligent systems? Across the industry, startups and tech giants alike are busy developing protocols to answer these questions. Some govern the present in which humans still largely control AI models. Others are building for a future in which AI has taken over a significant share of human labor. "Protocols are going to be this kind of standardized way of processing non-deterministic information," Antoni Gmitruk, the chief technology officer of Golf, which helps clients deploy remote servers aligned with Anthropic's Model Context Protocol, told BI. Agents, and AI in general, are "inherently non-deterministic in terms of what they do and how they behave." When AI behavior is difficult to predict, the best response is to imagine possibilities and test them through hypothetical scenarios. Here are a few that call for clear protocols. Scenario 1: Humans and AI, a dialogue of equals Games are one way to determine which protocols strike the right balance of power between AI and humans. In late 2024, a group of young cryptography experts launched Freysa, an AI agent that invites human users to manipulate it. The rules are unconventional: Make Freysa fall in love with you or agree to concede its funds, and the prize is yours. The prize pool grows with each failed attempt in a standoff between human intuition and machine logic. Freysa has caught the attention of big names in the tech industry, from Elon Musk, who called one of its games "interesting," to veteran venture capitalist Marc Andreessen. "The core technical thing we've done is enabled her to have her own private keys inside a trusted enclave," said one of the architects of Freysa, who spoke under the condition of anonymity to BI in a January interview. Secure enclaves are not new in the tech industry. They're used by companies from AWS to Microsoft as an extra layer of security to isolate sensitive data. In Freysa's case, the architect said they represent the first step toward creating a "sovereign agent." He defined that as an agent that can control its own private keys, access money, and evolve autonomously — the type of agent that will likely become ubiquitous. "Why are we doing it at this time? We're entering a phase where AI is getting just good enough that you can see the future, which is AI basically replacing your work, my work, all our work, and becoming economically productive as autonomous entities," the architect said. In this phase, they said Freysa helps answer a core question: "What does human involvement look like? And how do you have human co-governance over agents at scale?" In May, the The Block, a crypto news site, revealed that the company behind Freysa is Eternis AI. Eternis AI describes itself as an "applied AI lab focused on enabling digital twins for everyone, multi-agent coordination, and sovereign agent systems." The company has raised $30 million from investors, including Coinbase Ventures. Its co-founders are Srikar Varadaraj, Pratyush Ranjan Tiwari, Ken Li, and Augustinas Malinauskas. Scenario 2: To the current architects of intelligence Freysa establishes protocols in anticipation of a hypothetical future when humans and AI agents interact with similar levels of autonomy. The world, however, needs also to set rules for the present, where AI still remains a product of human design and intention. AI typically runs on the web and builds on existing protocols developed long before it, explained Davi Ottenheimer, a cybersecurity strategist who studies the intersection of technology, ethics, and human behavior, and is president of security consultancy flyingpenguin. "But it adds in this new element of intelligence, which is reasoning," he said, and we don't yet have protocols for reasoning. "I'm seeing this sort of hinted at in all of the news. Oh, they scanned every book that's ever been written and never asked if they could. Well, there was no protocol that said you can't scan that, right?" he said. There might not be protocols, but there are laws. OpenAI is facing a copyright lawsuit from the Authors Guild for training its models on data from "more than 100,000 published books" and then deleting the datasets. Meta considered buying the publishing house Simon & Schuster outright to gain access to published books. Tech giants have also resorted to tapping almost all of the consumer data available online from the content of public Google Docs and the relics of social media sites like Myspace and Friendster to train their AI models. Ottenheimer compared the current dash for data to the creation of ImageNet — the visual database that propelled computer vision, built by Mechanical Turk workers who scoured the internet for content. "They did a bunch of stuff that a protocol would have eliminated," he said. Scenario 3: How to take to each other As we move closer to a future where artificial general intelligence is a reality, we'll need protocols for how intelligent systems — from foundation models to agents — communicate with each other and the broader world. The leading AI companies have already launched new ones to pave the way. Anthropic, the maker of Claude, launched the Model Context Protocol, or MCP, in November 2024. It describes it as a "universal, open standard for connecting AI systems with data sources, replacing fragmented integrations with a single protocol." In April, Google launched Agent2Agent, a protocol that will "allow AI agents to communicate with each other, securely exchange information, and coordinate actions on top of various enterprise platforms or applications." These build on existing AI protocols, but address new challenges of scaling and interoperability that have become critical to AI adoption. So, managing their behavior is the "middle step before we unleash the full power of AGI and let them run around the world freely," he said. When we arrive at that point, Gmitruk said agents will no longer communicate through APIs but in natural language. They'll have unique identities, jobs even, and need to be verified. "How do we enable agents to communicate between each other, and not just being computer programs running somewhere on the server, but actually being some sort of existing entity that has its history, that has its kind of goals," Gmitruk said. It's still early to set standards for agent-to-agent communication, Gmitruk said. Earlier this year he and his team initially launched a company focused on building an authentication protocol for agents, but pivoted. "It was too early for agent-to-agent authentication," he told BI over LinkedIn. "Our overall vision is still the same -> there needs to be agent-native access to the conventional internet, but we just doubled down on MCP as this is more relevant at the stage of agents we're at." Does everything need a protocol? Definitely not. The AI boom marks a turning point, reviving debates over how knowledge is shared and monetized. McKinsey & Company calls it an "inflection point" in the fourth industrial revolution — a wave of change that it says began in the mid-2010s and spans the current era of "connectivity, advanced analytics, automation, and advanced-manufacturing technology." Moments like this raise a key question: How much innovation belongs to the public and how much to the market? Nowhere is that clearer than in the AI world's debate between the value of open-source and closed models. "I think we will see a lot of new protocols in the age of AI," Tiago Sada, the chief product officer at Tools for Humanity, the company building the technology behind Sam Altman's World. However, "I don't think everything should be a protocol." World is a protocol designed for a future in which humans will need to verify their identity at every turn. Sada said the goal of any protocol "should be like this open thing, like this open infrastructure that anyone can use," and is free from censorship or influence. At the same time, "one of the downsides of protocols is that they're sometimes slower to move," he said. "When's the last time email got a new feature? Or the internet? Protocols are open and inclusive, but they can be harder to monetize and innovate on," he said. "So in AI, yes — we'll see some things built as protocols, but a lot will still just be products."

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