ninety1nuances

Overview about @LabNinety1 ecosystem as of 11/2024

Token: $FLD

Chain: @avax

LP Pairs: $AVAX $USDC, $THT (wrapped), $HIGHER, $VAPE, $EVB

DEX: @VaporDex , @LFJ_gg

Founder: @Havoc_8_8

Website: ninety1.io

dApp: dapp.ninety1.io

#ELI5 @LabNinety1 $FLD

Part 3: The Burning Question

At first glance, it might seem counterintuitive to "burn" (permanently destroy) your valuable NFT token miners. After all, they generate passive income in the form of FLD emissions. Why would anyone sacrifice this consistent stream of rewards, especially for a seemingly fixed amount of 91,000 FLD?

Multipliers and Gamification

This is where LabNinety1 introduces a clever gamification element that adds a layer of strategy and intrigue:

Earning Power Multipliers 👨‍🏫

An artificial intelligence (AI) and Blockchain start-up with backing from Harrisburg University in Pennsylvania is developing a completely new way of utilizing and processing data by integrating AI and “smart logic” into every bit of data. The goal is to build what is described as an “AI Superhighway,” according to the tech protagonists with the vision behind the project.

... What sounds like one very promising Startup of today is actually from a Forbes article in 2018.

https://www.forbes.com/sites/rogeraitken/2018/03/18/hacker-launches-public-mineable-blockchain-thought-for-ai-superhighway/#3eb9ebea6623

And yes, @LabNinety1 brought that crazy startup to @avax and today even to @TheArenaApp stages. Tune in and be impressed!!!

Here you can read the rest of the article, if you don't click links:

Essentially, the proposition goes that by embedding every piece of data with artificial intelligence, otherwise “dumb data,” which requires an application to become useful, becomes valuable and “smart.”

This means the “AI Thought” attaches to data allows the digital information to act on its own. So, understanding where it came from, where it is supposed to go and what it has to do or what function it has to perform. The upshot is that it reduces the need for third-party applications, thus making data processing much cheaper as well as significantly faster.

So what is all behind it? Well, by combining the application layer into the data layer, Thought’s Smart Data becomes aware of its origin, knows its purpose and is able to act on its own to accomplish its goal. It is claimed to eliminate the need for traditional applications that traditionally make it possible for data to move between devices, cutting costs and complexity associated with these applications.

Andrew Hacker, CEO and founder of Thought, commented on the background to the initiative: “In the few past decades, humans have advanced in technology at an exponential pace. It is incredible to witness. But all of these innovations have also caused an explosion of data. Everything ranging from social media to human genome research generates massive amounts of data.”

Professor Hacker, a renowned cybersecurity expert who has been granted a U.S. patent for his innovative concept of Smart Data, added, “Currently, all data is created equal until it is sorted through and categorized by special algorithms. Data is inherently inanimate and it only becomes useful when it is processed by an application. The massive growth in data creation is adding up to a landscape, which is littered with too much information and applications as well as insufficient intelligence to handle all of it.”

Did you ever mint an NFT "just for consumer purpose" and not simply for investment reasons?

@ASOdysseyNFT was the first NFT mint which I did purely because of wanting to enjoy the beginning of a new comic universe, with beautiful art, a fun and promising...

#ELI5 @LabNinety1 $FLD

PART 2: MINING SIMPLIFIED AND AFFORDABLE

The Problem

Traditional cryptocurrency mining presents significant barriers to entry for most people:

Hardware Costs 💻
Specialized mining equipment, such as GPUs (graphics cards) or ASICs (Application-Specific Integrated Circuits), can be very expensive, often costing thousands of dollars. This creates a financial hurdle for many individuals interested in mining.

Energy Consumption ⛽
Mining rigs consume significant amounts of electricity, leading to high energy bills and contributing to environmental concerns.

Technical Expertise 🧑‍💻
Setting up and maintaining mining hardware often requires technical knowledge, including familiarity with computer hardware, software, and networking. This can be intimidating for non-technical users.

#ELI5 @LabNinety1 $FLD

PART 1: THE FAIR LAUNCH DILEMMA

Problem🤔

The crypto world is rife with tales of "rug pulls" and unfair launches where early insiders make off with the profits, leaving everyday investors holding the bag.

Traditional launch methods are riddled with issues:

VC/KOL/Team Bags💰

Venture capitalists, key opinion leaders, and the project team often receive large allocations of tokens at discounted prices, giving them an unfair advantage.

If u want to know the difference between all the CT hyped AI agent stuff and real AI Agent professionals which own several patents, you shouldn't miss this @TheArenaApp stages tomorrow.

I've had the luck to listen to Andrew J. Hacker and

Just another positive feedback...

I love the DeFi section and that it is possible to track various DeFi positions. I'm doing for example LP staking on @LabNinety1 dApp and using for that LPs from

Since $FLD by @LabNinety1 is getting some traction people start to ask, what is this "LEVEL protocol" developed by them about...

Have a look in the linked article to dive into that a little...