Blog Post

RSS3 Weekly Update July 31- Aug 07 Y23CW29

☀️ Good Morning!
Worldcoin, founded by OpenAI CEO Sam Altman, has launched its "digital passport" called World ID. Users get it through an in-person iris scan using the 'orb'. With 2 million beta users, they're expanding to 35 cities. The token WLD surged in early trading, reaching $5.29 on Binance. World ID aims to distinguish real humans from AI bots, potentially addressing economic implications and income inequality in the future, including universal basic income experiments. This vision is respectable but can Sam really address the privacy and Sybil concerns??

🔥 Weekly Digests

  • On August 1, 2023, suspicion arose as a mystery developer drained liquidity from the BALD meme coin. Sam Bankman-Fried, disgraced former FTX CEO, was suggested as the culprit despite being under house arrest. The accusation remains speculative amid ongoing investigations.
  • Amazon's cloud division competes with Microsoft and Google, drawing thousands of customers to its AI service. New tools include customer-service agents and access to startups Cohere and Stability AI. Amazon Bedrock, launched in April, enables creating apps with diverse AI models. AWS HealthScribe was introduced for transcribing doctor-patient conversations.

🤖 Proudly announcing our Web3 User Activity RSS3 ChatGPT Plugin has been AVAILABLE in the OpenAI plugin store, allowing users to access 380 million data items indexed from the Open Web.
You can now search for user activities such as blockchain transactions and Web3 social media feeds by simply entering the wallet addresses, domains or handles into GPT-4.
🚀 Try it here, and start your Web3 information navigation beyond the centralized networks.

📚 Some Numbers

$RSS3 Statistics (as of Aug 07, 2023)

Market Cap$ 46.47M
24h Volume / Market Cap ratio0.0329
7d Low / 7d High$0.102/ $0.111

Market DeFi Index

Last week’s crypto market prices were down -1.12%. Volume fell by -14.48% while volatility increased by +102.68%.

🧐 Bitcoin (BTC) and Ethereum (ETH) prices were down slightly at -1.4% and -0.3%, respectively,in the past seven days. Price action for other selected top-cap tokens was mixed.

Source: Research

RSS3 Network Metrics (as of Aug 07, 2023)

Total API Calls262.52M
Total Open Web Activities476M
Last 7-Days Active Personas39,582

🎉 Product Update

  • Continue on BUIDLing our products; Update to be released soon 👀

🧚‍♀️ Marketing Update

  • RSS3 Founder @JoshuaRSS3, speaking at the 0x499DAO community @0x499 live event. Discussed how to build an open network, which allows entities to offer services on a relatively equal basis, while users enjoy these services equally.

  • RSS3 Founder @JoshuaRSS3 joined the Web3 and AI Hackfest hosted by the Australian Blockchain Club, where he shared insights on achieving technical synergy and accelerating innovation in the Web3 and AI space.

  • RSS3 establishes strategic partnership with @TakoProtocol to power Tako in building an open content recommendation layer for web3 social. More details to be released soon.

Stay tuned for more updates and keep the good vibes flowing!

📭 Til next week!

RSS3 Team

💡 RSS3 is an information dissemination protocol designed to achieve free, efficient, and secure information flow on the Open Web. We bridge Web3 to AI, search, social media, and beyond.

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#Weekly Update