Antseed is going to be a very big player in the inference market

Great research report on $GRASS published by @FalconXGlobal today. In their base case analysis, they value Grass at $2.53 per token (249.7% above the current price) based on an average of crypto, big tech, and AI training data comps. Looking just at major AI training data comps such as Scale AI, Surge AI, Mercor, Exa, Parallel, Firecrawl, and Tavily, $GRASS is valued at $3.69 (409.1% increase in price). This all lines up very closely with my own internal model where I project fair value in the $4-5 range, driven by slightly higher long term projected revenue figures. Definitely worth a read as @martin_gaspar1 does an awesome job laying out the business and growth opportunity. Grass remains one of my two highest conviction AI tokens (along with $VVV). Great to see one of the top firms in digital assets also recognizing the strong setup here. Not financial advice

Alpenglow is now live on Solana mainnet. ⛰️ Finality just went from ~12.8 seconds to ~150ms. The biggest consensus upgrade in Solana’s history, built by @anza_xyz.

New Delphi Podcast with Andrej Radonjic @0xdrej, founder of Grass To a website, Grass looks like normal users browsing. Behind it is millions of opted in residential nodes and a data platform that has delivered exabytes of web data to the frontier labs We get into how AI flipped the hard part of search upside down. The index used to be the moat, and crawling was free. Now AI tooling makes the index cheap, while AI crawlers have pushed the web into blocking everything. The hard part is getting the page at all Training data is already a profitable business for Grass with most of the top labs and multiple Mag 7 companies as customers. Crawling for that data also means mapping the entire internet, which is what puts Grass in a position to build search on top of it. Contents API is live, Search is next, and multimodal grounding follows 00:00 Intro 00:43 From Nuclear Physics to Web Scraping 03:38 The Pandemic Signal Everyone Missed 07:31 The Smart TV Proxy Scandal 09:10 Why the Internet Is Blocking AI 11:56 Training Data vs Live Data 16:05 Mapping the Entire Internet 18:03 Delivering Exabytes to AI Labs 21:48 What AI Labs Really Pay For 24:43 How Robots Learn From Web Video 33:02 When Labs Change Direction 35:57 One API Call for Any Website 41:58 AI Flipped Search Upside Down 47:03 Can the Network Keep Up? 49:52 The Defense Tech of AI Data 52:58 Why Data Is the Alpha 57:08 Why AI Labs Won’t Buy Slop 59:17 The Metric That Matters Most 01:02:35 The $100 Billion Data Market 01:05:07 Who Actually Owns Grass 01:08:18 What a Real Moat Looks Like 01:13:16 What Happens Next Disclosure. Delphi Ventures holds $GRASS Full episode

Today, Venice passed 5,000,000 users. Still private. Still anonymous. Still unrestricted. Thank you to every builder, creator, and free thinker on Venice.