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DePIN Platform Axlflops Unveils Token Generation Event With $10 Million $AIGT Token Rewards

The community reward initiative will span two months, wrapping up in March, with 10 million $AIGT tokens allocated across two separate pools. Decentralized Physical Infrastructure Network (DePIN) Axlflops has kicked off its much-anticipated token generation event (TGE) for its native token, $AIGT. This token will function as the utility token within the Axlflops ecosystem, encouraging and rewarding community engagement. The launch of this event aligns with the start of its first community rewards program, which will distribute a total of 10 million $AIGT tokens—equivalent to 1.4% of the entire token supply—through several reward pools. The TGE and the rewards program will officially begin on January 22nd, 2025, with the rewards initiative continuing until March 22nd. By offering these incentives, Axlflops intends to encourage both GPU suppliers and community members to contribute to building a more decentralized computing infrastructure. The recently unveiled project offers a DEPIN that aims to democratize AI computing, balancing the need for computing resources across a decentralized network. Moreover, the network uses advanced algorithms to deliver flexible, accessible, and cost-efficient computing power to all users. Axlflops Plans to Distribute 10 Million $AIGT Tokens The community rewards program will be split into two distinct pools: one dedicated to worker rewards and the other for the general community. The first pool, “worker rewards for GPU providers,” is the larger of the two, with plans to distribute 8 million $AIGT tokens, while the second pool, “community questing rewards for regular users,” will contain a 2 million $AIGT rewards pool. Participants have the chance to engage in both pools simultaneously to maximize their earnings. During the initial phase, ending on March 31, GPU providers can join the decentralized physical infrastructure network (DePIN) without any staking requirements, allowing them to choose their desired participation length. Final token distributions will depend on Computing Resource Contributions and Hardware Performance Ratings, with a tiered structure that provides welcome bonuses, weekly rewards, and uptime bonuses. GPU providers can track and claim their rewards through the official Axlflops website. The community quest rewards will be available on the Galxe and Taskon platforms, where participants can earn rewards by engaging in various activities on social media and the platforms themselves. Tasks that offer rewards include following Axlflops on social media, joining community activities, and interacting with the official website. After the event concludes on March 22nd, participants will receive their distributions, while daily GPU mining rewards will continue to be issued according to Axlflops’ standard protocol. Transforming Decentralized AI Computing Axlflops distinguishes itself from other decentralized AI computing companies with its unique approach to democratizing AI computing resources. The platform integrates both individual GPU providers and established cloud services, creating a collaborative environment where private and public clouds coexist within the same partner network. Additionally, the platform features an innovative dual staking mechanism, requiring GPU providers to stake 95% of their tokens, while token holders must stake 5% of $AIGT tokens. This fosters a cooperative ecosystem and offers user-friendly features such as a 7-day unstaking period, competitive service fees (0.2%), and the ability to withdraw daily rewards immediately. Furthermore, Axlflops has introduced an advanced ‘Instance Grading System’ that assesses GPU performance as well as the entire hardware ecosystem, including CPU, RAM, storage, and network capabilities. This ensures accurate performance evaluations and equitable reward distribution, creating a strong ecosystem where AI developers, data scientists, enterprises, and all users needing computing resources can access them at optimal prices. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice CoinTurk News

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FX Guys ($FXG): The Savvy Path to Transform $100 Into $10,000 Amid Ethereum and Cardano`s Struggles

Recently, Ethereum (ETH) and Cardano (ADA) haven`t been living up to investor expectations, leading many to explore alternatives with greater potential. Among the popular altcoins, FXGuys has emerged as a notable option. This DeFi token offers a fresh perspective on trading and investment. The FXGuys platform introduces a Trade2Earn program that rewards users with tokens for every trade, regardless of the trade`s success. Additionally, investors can stake tokens to earn up to 20% annually, giving it a competitive advantage in the market. Due to its innovative offerings and strong market appeal, FXGuys is gaining recognition as one of the top altcoins to consider. Is this the token that could transform $100 into $10,000 and lead the next crypto wave? >>>JOIN FXGUYS HERE FXGuys: Emerging DeFi Player Offering Lucrative Rewards to Multiply $100 Into $10,000 FXGuys is a fresh entrant in the DeFi space, offering distinctive features through its proprietary trading system. This system grants traders access to capital funding of up to $500,000 upon completing simulations, which helps traders reach higher profit margins while allowing investors to earn passively. Both traders and investors benefit from FXGuys. Traders receive the lion’s share of profits, taking home 80% from FXGuys-funded trades. Meanwhile, investors earn passive income from the PropFi model, around 20%, and can also stake their assets for an additional 20% APY. A notable feature of the FX Guys platform is its Trade2Earn model. Traders earn $FXG tokens for every action on the platform, whether winning or losing, enabling them to grow their token holdings easily. The FXGuys platform also offers traders the benefit of complete anonymity, as it follows a no-KYC (Know Your Customer) policy, allowing traders to operate without divulging personal information. For those seeking the best altcoins to invest in, the FX Guys DeFi coin is capturing attention with its innovative earning opportunities and enticing rewards. Its price is something to keep an eye on as its popularity rises. Post-Ethereum Pectra Update: Will ETH Stay a Top Altcoin Choice? The forthcoming Ethereum Pectra update, expected in early 2025, could be transformative. This upgrade merges the Prague and Electra changes to enhance wallet functionalities and enable batch transactions. It also raises the validator stake limit and improves scalability. Despite Ethereum`s stable tokenomics, the Pectra update aims to enhance speed and usability, reinforcing Ethereum`s status as a leading altcoin for DeFi enthusiasts. However, ETH`s price movement was sluggish last week, currently valued at $3,135.50, a 7.37% dip from the previous week. Some Ethereum experts foresee a bullish trend for ETH in the coming weeks, driven by the impending Pectra upgrade, potentially propelling ETH`s value to $3,950. Thus, Ethereum remains a trending altcoin that might convert $100 into $10,000. On the flip side, if the bullish momentum weakens and ETH falls below the $2,900 support level, it could drop to $2,300. This mixed outlook is steering investors towards $FXG, a DeFi coin believed to have the potential to turn $100 into $10,000 due to its unmatched utility. Cardano`s Anticipated Hard Fork Sparks Expert Discussion, but ADA Faces Decline Cardano supporters are eagerly awaiting the much-anticipated Plomin hard fork, which could introduce a fully decentralized governance system to Cardano’s network. The Plomin hard fork is receiving robust support from stake pool operators, with voting currently underway. The final decision is expected by January 29, 2025, and once completed, this update will enhance Cardano`s decentralization, giving more people a voice in its future direction. Meanwhile, ADA’s price performance is trailing other trending altcoins. CoinMarketCap data shows ADA trading at $0.945, a 4.74% drop from last week. Looking ahead, some top Cardano experts anticipate a price surge for ADA in the coming weeks due to the upcoming hard fork, potentially boosting its value to $1.350. However, amid the current crypto market downturn, some experts question whether ADA can transform $100 into $10,000, fearing its value might decline to $0.830. This uncertainty is why $FXG, one of the most exciting ICOs around, is seen as a better investment to achieve such gains. >>>JOIN FXGUYS HERE $FXG Emerges as a Leading Choice to Transform $100 Into $10,000 by 2025 As investors move beyond the market slump of late 2024, ADA and ETH are showing signs of recovery, gearing up for a potential bull run. Nonetheless, experts are now highlighting $FXG as a prime candidate. FXGuys is attracting attention with its unique PropFi features, gaining traction in the DeFi sector. As more people recognize its potential, the token continues to gain momentum. Currently, $FXG is priced at $0.04 during Stage 2 of its public presale, having already raised $3.4 million, with many investors keen to participate. Early investors might see significant returns once it officially launches. Upon market entry, $FXG will debut at $0.10, offering early investors the opportunity for over 150% gains. The future looks bright for $FXG`s growth potential. Experts forecast a substantial price increase for $FXG post-launch, with some predicting a 100x boost, indicating it could turn $100 into $10,000. This positions $FXG as one of the top altcoins to purchase right now! For more information about FXGuys, follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinTurk News