Openledger is here: Will it follow the pattern of other AI projects?

Who else was excited for the OpenLedger launch? If you were one of the people waiting, then congrats, it’s finally live. I think it’s a promising project, but since it’s AI-based, I’m not sure how successful it can really be. AI in the crypto space still feels kind of immature, and there are tons of AI projects out there that aren’t really going anywhere. Sure, you might want to give OPEN a shot and invest a bit, but make sure to do your research first and keep it small. They’re probably gonna have some events soon, so you might as well take advantage of those and see if you can snag some OPEN rewards. That sounds like a better way to test the waters. After following the project for a bit, then you can decide if you want to put in some more serious cash. What are your thoughts?

We have seen a lot of AI projects lately and like you Said majority of them have yet to prove that their can exist on the market, since there have been a lot of hype's but zero performance from that sector of the altcoin, if you say memecoins then fine their hype's have hard a little traction and one can take a shit at one if it proven to have potentials. Lastly ops, do you have any Link with the project, and intend to use this thread as an announcement thread for your project, because all I can see from you statement is a systematic promotion for the Said openlerdger AI project.

Ermm so far , judging from this chart, I'll say the launch has been solid. . But that could be due to the initial hype you know, I'll be monitoring this though probably get an entry soon. Since it's available on the platform I use most of the times to trade.. got any price prediction for $OPEN?.

No price prediction. The exchange you are using should have events that you can participate in. Newly listed tokens always get these events.

I'm not really paying much attention to that right now because my focus is more on the long-term crypto assets I'm doing DCA on, aside from Bitcoin. But for what you're talking about, I don't want to waste my time on it because I've seen many similar projects in the crypto space where after they get listed on one of the top exchanges, there's a short pump, and then a dump happens most of the time. It seems rare for me to see a coin that pumps high and then only drops a little in the market. Maybe it's hard for its price to go up because investors probably know that this kind of scenario in the crypto space is just temporary.

Just went through the project and discovered it has a good support by many industry leaders in the space and that every exchange is listing it for trading. I saw on Binance that they are layer 1 and layer 2 blockchain and also an AI goal oriented plan. The fact that they aren't new and that they injecting into a new project with a groundbreaking AI integrated service that can monetize user's data really makes them unique and the first EVM blockchain that govern the AI industry. Many similar projects like this had come and go silent, Open wouldn't be different, the trend now speaking volume, time tells and gives result.

They're not much different, introducing features similar to other AI projects, but perhaps they're more serious and specialized, with more features. Overall, the training, data distribution, and so on are similar. There's nothing special, and I think the price is too high for $1 per token with a supply of 1B and 215M circulating. It's likely to gradually decline in the near future. By the way, today's trading volume has decreased by 31%.

IIRC, there was a project long time ago with the same name. Maybe launched around 2017-2018, was this the same project as this newly launched? And if it's an AI project, I'm hyped about it before but not anymore today. Wait for a few months or until the end of this year and see if they're still liked by the people. Most AI projects have been bumped by hype and that's why if it's needed for investors to look at their history, you should take profits as well if you've got it early and you're in profit already. Because once it goes down, you'll not like how low it can go.

All blockchain based AI projects are gimmicks. The people who create these projects do not have any good ideas or solutions to real world problems, so instead they try to ride the AI hype wave and include it into their project in any way they can. Usually AI in a blockchain is a big red flag. Definitely. Most crypto launches are extremely overvalued, but since the supply side of things is so strongly centralized there is not that much supply that can improve the market situation.

No solution to real world problems, that's a big red flag, I kept on wondering what's the purpose of these so called newly launched coins that has no real use cases in the real world problems, what actually they are all doing is having listing on an exchange and start trading on them, nothing much again. Some projects will come up and said they are built for developers, so this question usually comes in my mind, projects are built for only developers, non developers cannot enjoy the product?

Not a few indeed who use the moment hype like this is used well by those who are looking for profit and this has happened from the past, from which the Indusrti Game, Metaverse, AI Agent, and Giring this are the same characters that will always be repeated. Instead of all of that is a quick way to make a profit in this industry, you only need to be smart and get the first access to get a big advantage.