Kage: The First DePIN Play-to-Earn Mobile Game Launches

In the ever-changing landscape of the cryptocurrency market, trading can prove to be a daunting task, particularly when external selling pressures influence token prices. To mitigate these challenges, the Roam Team has unveiled the Pilot Buyback Program, aimed at purchasing $ROAM tokens from the market to decrease the circulating supply. This initiative not only provides $ROAM token holders with a secure and transparent trading option directly with Roam but also allows participants to minimize their exposure to market fluctuations while maximizing transaction value. The Pilot Buyback Program offers several key benefits. Firstly, by repurchasing $ROAM tokens, Roam effectively reduces the circulating supply, which can enhance value concentration among dedicated holders and foster a stronger long-term relationship with the community. Secondly, the program enables users to sell significant amounts of $ROAM at a stable, predetermined price, insulating them from the volatility caused by other traders. Additionally, participants who opt to repurchase their tokens during the program can enjoy a 10% discount if the current market price exceeds their original trade price, further incentivizing engagement. Lastly, all buyback transactions are managed directly by the Roam Team, ensuring a secure and seamless process from initiation to settlement. To participate in the Pilot Buyback Program, users must follow a straightforward process. Initially, they should contact the Roam moderator on Telegram and provide essential information, including a referral code, the number of $ROAM tokens to sell, and their wallet address. Once the transaction details are finalized with a Roam team member, participants will send their $ROAM tokens to a designated address. After confirmation of receipt, the equivalent USDT will be transferred to the specified wallet. It is important to note that tokens sold will be subject to a two-week lock-up period before any repurchase requests can be made. This program is currently in a limited testing phase, and its rules may evolve over time.

As the third quarter of 2023 concludes, the Streamr project is making significant strides towards enhancing its application layer, particularly with StreamrTV. The Governance Council has announced a strategic shift in operational leadership, appointing Mark Little as the new CEO and Petri Savolainen as CTO. This transition aims to leverage their expertise to bolster the project's market execution while ensuring continuity with co-founders Henri and Nikke. The focus on StreamrTV is evident as the project seeks to monetize content and improve user engagement through new features such as payment rails for tipping and an interactive chat sidebar. Key achievements during this quarter include the successful launch of payment functionalities for StreamrTV, allowing broadcasters to monetize their content through 'Super Balloons.' Additionally, a chat feature has been introduced, enhancing viewer interaction. The project also conducted network scaling tests, confirming its reliability across thousands of nodes globally. Financially, Streamr minted approximately 7.5 million DATA tokens, raising $442,689 from token sales, while managing to reduce overall expenses to $499,000, reflecting a strategic focus on cost efficiency amid challenging market conditions. Looking ahead, the project anticipates the next governance checkpoint proposal in December 2025, with plans to unlock additional tokens for development. The Data Ecosystem fund remains intact, with no disbursements made this quarter. Streamr is actively working to attract users from both Web3 and Web2 communities, utilizing product analytics to refine its offerings. Despite facing technical complexities, the team is optimistic about overcoming challenges related to many-to-many video streaming in the upcoming quarter. Overall, Streamr's commitment to innovation and user engagement positions it well for future growth in the blockchain space.

The price of TAO has surged by 6% today, reaching approximately $395 and boosting its market capitalization to $4 billion. This increase follows the recent demonstration of Bittensor's Novelty Search: SN50 Synth, which showcases predictive intelligence applications in financial markets. The unveiling has generated renewed enthusiasm among traders, who view it as a sign of innovation within the Bittensor ecosystem. As a result, the TAO price chart reflects growing optimism, supported by increased trading volume and social media engagement. Bittensor's ecosystem is evolving, with subnets playing a crucial role in delivering unique AI-driven use cases. The introduction of a subnet SDK and EVM compatibility has accelerated developer activity, making it easier for projects to deploy decentralized AI models. Notably, the Hippius subnet was recently listed on a centralized exchange, accompanied by a 50,000 USDT reward pool, which is expected to enhance market engagement. These developments indicate that Bittensor continues to attract interest from both retail and institutional investors, with forecasts suggesting a positive outlook for TAO's long-term scalability. Adding to the bullish sentiment, Grayscale has filed for a Bittensor Trust with the SEC, potentially paving the way for TAO to become a regulated investment product. This could attract significant institutional inflows, reflecting a historical trend where similar filings have increased liquidity and price stability in the crypto market. Furthermore, the upcoming halving event in December 2025, which will reduce daily issuance from 7,200 to 3,600 TAO, mirrors Bitcoin's scarcity model, potentially setting the stage for a post-halving rally. Technical analysis shows that TAO has broken out of a descending triangle pattern, with a medium-term target of $800 in sight if current momentum continues.

Roam has officially launched its Dynamic Difficulty Adjustment (DDA), marking a significant evolution in its approach to token emissions. This innovative system will commence from the 20,000th burn cycle and will recalibrate emission difficulty every 1,000 cycles, which is roughly every 11.6 days. The DDA is designed to adapt scientifically to the dynamics of Roam's decentralized wireless network, ensuring that token emissions are closely aligned with actual network validation activities, referred to as Check-Ins. The DDA model draws inspiration from Bitcoin's difficulty adjustment but modifies it to suit Roam's unique ecosystem. Instead of relying on hashrate, Roam's system links token emissions directly to network validation. Each 1,000-cycle interval establishes a baseline "hashrate," allowing the emission rate to respond dynamically to fluctuations in network activity. During periods of steady validation, tokens are emitted at a standard rate. Conversely, if market conditions lead to a decrease in Check-Ins, the system automatically reduces token output to alleviate sell pressure and maintain price stability. As a crucial component of Roam's price protection framework, the DDA ensures that the tokenomics remain balanced and resilient throughout various market cycles. By aligning token emissions with genuine network activity, Roam fosters a self-regulating and adaptive economic model. This approach not only safeguards the long-term incentives of network builders but also enhances the sustainability of the open wireless ecosystem, ultimately benefiting all participants involved in the network.

In the midst of Bittensor's recent price decline, TAO Synergies has taken a proactive approach by aggressively accumulating TAO tokens, increasing its holdings to over 54,000. This strategic move comes as Bittensor faced significant bearish pressure, with its price dropping from a rejection point of $460 to a low of $403. As of now, Bittensor is trading at $404, reflecting a 10.42% decline on daily charts. Despite this downturn, institutional investors are seizing the opportunity to buy the dip, indicating a potential long-term interest in the asset. On October 20th, TAO Synergies, a company associated with Bittensor Treasury, announced its acquisition of additional TAO tokens through both purchase and staking. This acquisition has positioned TAO Synergies as the largest publicly traded holder of Bittensor, with entrepreneur James Altucher emphasizing the significance of their investment in a network that is reshaping entrepreneurship and innovation. Furthermore, the company recently secured $11 million in funding through private placement, backed by DCG and Altucher, which will be utilized for further TAO token purchases and exploring new revenue-generating opportunities within the Bittensor ecosystem. Despite TAO Synergies' aggressive accumulation strategy, the overall market sentiment remains bearish, with persistent selling pressure from other investors. Data from CryptoQuant indicates that sellers have dominated the market for four consecutive days, resulting in a negative Buy-Sell Delta. On October 21st, Bittensor recorded a sell volume of 40,000 compared to a buy volume of 32,600, highlighting the strong selling pressure. As TAO's Relative Strength Index (RSI) has fallen to 56, the token's price may continue to face downward pressure unless TAO Synergies can effectively absorb the selling activity. If current market conditions persist, Bittensor may retrace to $378, with critical support at $367, while a successful absorption of selling pressure could see TAO reclaim levels around $416 and target $460 again.

Bittensor (TAO) has recently experienced a significant surge of 12% in its price, primarily driven by the resolution of an investigation into a $28 million hack linked to the project. This positive development has restored investor confidence, resulting in an influx of $25 million into its derivatives market. Following a challenging period marked by a 44% drawdown, TAO is now on the verge of reclaiming its previous all-time high (ATH), with the current price hovering near the $447 resistance level. The investigation's conclusion, which revealed that a former Bittensor employee was responsible for the hack affecting 32 TAO holders, has instilled renewed optimism among investors. A civil lawsuit is now underway, further boosting the asset's outlook. Community sentiment reflects this shift, with bullish sentiment among investors rising from 74% to 86% in just a few days, indicating a strong likelihood of continued capital inflows into TAO. In the perpetual futures market, investor sentiment remains robust, with Open Interest increasing by 9.95% to $26 million. The positive Funding Rate suggests that most new contracts are long positions, as traders anticipate further price appreciation. However, spot investors have been taking profits, contributing to some selling pressure. Technical analysis indicates that TAO must break through the $447 resistance to avoid a potential retest of lower support levels, with the next target being $476. If bullish momentum continues, TAO could aim for a new yearly high of $588, supported by rising indicators such as the Relative Strength Index (RSI).