In Wall Street parlance, “DRIP” stands for “dividend reinvestment plan.” In the Gen Z lexicon, though, “drip” is the style one exudes. It’s from this usage that Soulbound named its reputation points token. By offering gamers and community members DRIP tokens, gamer IDs and content bounties, Soulbound is pursuing its goal of empowering the new creator economy. Soulbound’s whole mission is to give creators – of games, of streaming content, of digital art – a medium through which they can earn a living doing what they love. "Until now, monetization of content has been locked behind viewer and subscriber thresholds, which prevents the vast majority of people from earning as they try to break into streaming,” said cofounder A.I. Mansbridge. “At Soulbound, we're leveling the playing field by removing those barriers, allowing all creators to earn based on their engagement and contributions, rather than just the top 5%."
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The AI-focused search engine and chatbot, Perplexity, took to X on Monday to announce its collaboration with Polymarket, a platform that operates on the Polygon blockchain. “We’re thrilled to announce our partnership with Polymarket,” Perplexity stated. “Now, when you search for events on Perplexity, you’ll see news summaries paired with real-time probability predictions, such as election outcomes, market trends, and beyond.” The scoop was initially broken by techcrunch.com reporter Ivan Mehta, who dives deeper into the partnership details in his article. Mehta explains that Perplexity will soon include a search box specifically for inquiries related to event-based data. Additionally, Perplexity plans to display Polymarket data visually through the AI platform Tako, as highlighted in Mehta’s report. “Polymarket has become a go-to destination for people looking to access high signal trusted information on an increasingly noisy web,” Polymarket founder and CEO Shayne Coplan told Techcrunch.
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Jito has released the code for its upgrader, a move that has sent the wider community into a frenzy. According to the release, it will consist of a Vault program and an Upgrade program working together to provide a scalable infrastructure for managing staked assets and actively audited services (AVS). Both platforms emphasize a flexible mechanism that includes economic security for both on-chain and off-chain activities. Multi-asset top-ups on the platform allow users to leverage staked assets, while also allowing for lower caps to mitigate risk. The Vault program will handle the creation of liquid top-up tokens, support SPL as an underlying asset, create delegation strategies, and implement cap conditions. On the other hand, the Upgrade program will create and manage the AVS and its operators, coordinate the work of AVS and Vault operators, and handle reward distribution, among others.
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