Fasten your seatbelts! After the August scare, NVIDIA faces a "big test" next week! Will the AI sector be affected?
Yesterday, NVIDIA's stock opened high and continued to rise, with an increase of 4.55%. In August, NVIDIA investors experienced a roller coaster ride, with the stock falling below $100 on August 5th, then rebounding and rising for six consecutive days from the 12th to the 19th.
Next week, on August 28th, NVIDIA will announce its second-quarter earnings after the market closes, which could be the "most important event" in the tech industry in years. Its stock performance will also somewhat influence the AI sector in the crypto space.
Today, I will review 5 crypto projects closely related to NVIDIA:
1) $FLUX
Flux is a blockchain network whose consensus is adapted from the "proof of work" mechanism. Flux joined the NVIDIA Inception program in January 2022 and uses NVIDIA Jetson edge AI platform modules as nodes in the Flux network.
2) $iExec
iExec has developed a decentralized marketplace for computing resources, where users can buy and sell computing resources, turning cloud computing power into a commodity. The project joined the NVIDIA Inception program in October 2022, hoping to gain expertise and experience in GPU computing.
3) $Shapeyard
Shapeyard has built a set of interactive content creation tools for the metaverse to create 3D digital assets and introduce them into the Web3 economic system, allowing users to exchange and integrate their created 3D digital assets between virtual spaces.
4) $dotmoovs
dotmoovs is a Move to Earn project aimed at creating a world where athletes, coaches, and fans can compete together. dotmoovs' AI system detects users' bodies, evaluates limb movements one by one, and scores them. Additionally, dotmoovs offers AI-driven coaching to help users improve their performance issues.
5) $Kondux
Kondux has built a feature-rich platform that combines blockchain technology with 3D assets, allowing users to view, create, and deploy digital assets. Users can customize and view 3D kNFTs through a 3D viewport, buy, sell, and trade in the NFT market, and view their assets as AR objects through an XR viewer
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