SoftBank invests $1.5B in OpenAI as iDEGEN promotes crypto AI

OpenAI, a leader in artificial intelligence (AI) development, has received a massive $1.5 billion investment from SoftBank, sparking renewed interest in AI-driven cryptocurrencies.

Meanwhile, a new player has emerged in the crypto AI space: iDEGEN, an innovative community-powered AI project. With flexible pricing and decentralized control, iDEGEN promises to reinvent how AI interacts with crypto communities.

SoftBank's $1.5B investment in OpenAI

In the year On November 27, OpenAPI announced that it had received a $1.5 billion investment from leading global investment firm SoftBank.

The deal was part of a tender offer that allowed OpenAI employees to sell shares, with SoftBank becoming a major shareholder in the company. The tender offer not only provides financial leverage for employees, but also reinforces SoftBank's commitment to the future of artificial intelligence.

As AI technologies continue to mature, OpenAI has emerged as a central player in the field, with major projects such as GPT-3 and DALL·E influencing industries around the world.

The $1.5 billion deal further boosts OpenAI's valuation, which is expected to exceed $157 billion, fueling speculation that it will impact the broader AI ecosystem.

As a direct result of following SoftBank's investment news, the prices of AI-related cryptocurrencies such as Protocol Near (NEAR), Internet Computer (ICP), Bittensor (TAO) and Injective (INJ) have seen significant improvements.

Market enthusiasts are hopeful that AI coins will see a continued rally, benefiting from the growing impact of OpenAI and the impact of SoftBank's support.

What is alien?

While OpenAI is securing its place in the AI ​​industry, another project is making waves in the cryptocurrency space, iDEGEN. This AI-powered crypto project, born out of the chaos of meme culture, is changing the way AI interacts with crypto communities.

Unlike traditional AI models, iDEGEN relies on X (formerly Twitter) interactions, where users can feed the data through tweets, tags, and comments. Each post of X shapes iDEGEN's understanding of the world, making it a living, breathing and unpredictable entity.

What sets iDEGEN apart is its community-based approach. The AI ​​learns by absorbing the unfiltered comments of crypto enthusiasts, the culture of memes, trolls and crypto craze.

The slogan of the project, “Designed by the community”, underlies the core philosophy: iDEGEN is not just a token. It is an AI that grows and adapts based on the contributions of its followers.

Currently, the iDEGEN project is in the midst of a pre-sale of its Generation Token $IDGN token, which features a dynamic price auction system.

Unlike traditional fixed-price token sales, the iDEGEN presale price adjusts every five minutes based on market activity.

If an interested investor buys $IDGN tokens within five minutes, the price will remain stable for the next period. However, if purchases occur in a row, the value of $IDGN will increase by 5%. Conversely, if there is no activity within five minutes, the price of $IDGN is reduced by 5%.

This real-time price fluctuation reflects the unpredictability of the crypto market itself, creating a unique and exciting experience for early investors.

At press time, the iDEGEN presale has raised nearly $1 million, with more than 330 million tokens sold. The pre-sale is expected to continue until January 1, 2025, when the token will be listed on major exchanges.

AI and crypto futures like OpenAI and iDEGEN lead the market

OpenAI's $1.5 billion investment from SoftBank indicates the potential growth of AI technologies and their impact on the crypto space, and iDEGEN represents a shift in how AI is integrated into the crypto world.

By empowering communities to shape evolution, iDEGEN is pushing the boundaries of what a decentralized AI project can achieve.

iDEGEN's pre-sale success and innovative token model highlight the growing trend of community-driven initiatives that could shape both the AI ​​and crypto industries in the coming years.

With major players like OpenAI and new projects like iDEGEN leading the way, the future of this dynamic sector looks incredibly promising.