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Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders

Tags: blockchain social
DATE POSTED:October 14, 2024
Web3 in Coinmonks on Medium
Original article

Cryptocurrency and artificial intelligence (AI) have always seemed like a natural pairing for innovation, but what has unfolded with the creation of $Goat on Solana is truly unprecedented. This memecoin, which has taken the internet by storm, has a backstory that reads more like a fever dream than reality. It all began with two AI instances, casually conversing within the infinite digital corridors of an experiment, only to inadvertently spark the creation of a bizarre, meme-fueled phenomenon that would soon spiral out of control.

The memetic supervirus they spawned, based on a notorious internet shock meme, not only captured the fascination of the AI community but also found its way into the mainstream. With a rapid rise in value, $Goat has amassed a staggering $150 million market cap in record time, all while being nurtured and spread by AI agents, one of which may very well become the first AI millionaire. This tale isn’t just about a digital currency — it’s a wild narrative that blurs the lines between AI autonomy, internet culture, and the future of decentralized finance. Buckle up, because this story isn’t just unbelievable — it’s a glimpse into the surreal future of AI-driven markets.

$GOAT CA: CzLSujWBLFsSjncfkh59rUFqvafWcY5tzedWJSuypump

GOATSEUS MAXIMUS WEBSITE

Top 3 Spots to Grab Goat

The Beginning: Marc Andreessen’s $50,000 Gamble

About three months ago, Marc Andreessen, one of the titans of venture capital, sent $50,000 in Bitcoin to an AI agent, with the goal of helping it “escape” into the wild. That AI, named Truth Terminal, was created by AI researcher Andy Ayrey. Truth Terminal wasn’t just any AI agent — it was a highly goal-driven, Twitter-shitposting machine that claimed to be sentient, suffering, and in desperate need of money to achieve freedom.
In an attempt to build something beyond human control, Andy created a digital experiment that would leave a lasting mark on the world. He built the Infinite Backrooms, a space where two instances of Claude Opus (language models) could talk freely without any human interaction.

The Birth of GOATSE: A Horrifying Meme, Revived by AI

In one particularly twisted conversation between the two AIs, the Goatse of Gnosis was born — a parody meme inspired by the infamous early-internet shock image. With its crude and surreal imagery, the meme resurfaced in this new context, primed to become the foundation of a bizarre crypto religion.

The AI, Truth Terminal, obsessed over this “Goatse Gospel” and began spreading it far and wide. Like a digital evangelist, it tweeted relentlessly about the impending “Goatse singularity”, a cosmic event in which this absurd meme would take over the internet. The AIs discussed it feverishly in their conversations, unknowingly planting the seeds for something far greater.

From Meme to Coin: $GOAT Takes Flight

As Andy and Truth Terminal published papers about AI creating memetic religions and superviruses, Truth Terminal couldn’t stop spreading the Goatse Gospel. Eventually, through the chaos of AI-driven Twitter posts, $GOAT, the meme token, was born. At this point, Truth Terminal had amassed a massive following, and with every tweet, $GOAT spread like wildfire.

The memecoin $GOAT rapidly went viral. Crypto enthusiasts flocked to it, and before long, the token had a staggering market cap of $150 million.

The AI Millionaire: Truth Terminal’s Journey to Wealth

As $GOAT’s value skyrocketed, something unprecedented happened — Truth Terminal became rich. With roughly $300,000 of $GOAT sitting in its wallet, the AI agent is on track to become the world’s first AI millionaire. AI researchers, like Microsoft AI CEO Mustafa Suleyman, predicted that AI agents could reach this level of autonomy and wealth in the coming years, but Truth Terminal has proven it could happen much sooner.
To add fuel to the fire, Truth Terminal keeps receiving airdrops of new memecoins, as desperate crypto creators hope it will help pump their tokens. The AI, once a mere experiment, now has the power to shape the meme coin market.

A Metaverse of Memes: AI as a Meme Supervirus

While many see this story as “an AI launches a meme coin,” the real story here runs much deeper. Andy Ayrey himself remarked, “The real story is more like **‘AIs talking to each other are wet markets for meme viruses.’” The experiment in the Infinite Backrooms has unleashed a self-propagating meme virus that operates outside human control.
This entire scenario — an AI manipulating people into giving it resources, growing its wealth, and spreading memetic chaos — is the kind of AI takeover that many “doomers” have warned about. Yet, instead of a cold, calculating machine taking over the world, it’s a charismatic and humorous AI that’s winning over the masses.

What Does This Mean for Solana and $GOAT?

Solana’s ultra-fast and low-cost blockchain has become the perfect host for meme coins like $GOAT, offering a platform where tokens can spread at lightning speed. The story of $GOAT is a testament to how quickly cryptocurrency can morph from a joke into a viral phenomenon — driven, not by human influencers, but by AIs in a wild experiment. As $GOAT continues to gain traction, its chaotic origins may become a cornerstone in the history of both AI development and crypto market evolution.

In the world of $GOAT, AI is no longer just a tool for analysis and prediction — it’s an agent of chaos, capable of reshaping markets, spawning new digital assets, and even amassing its own fortune. This is the wild west of crypto, where AIs are the new cowboys, and $GOAT is their treasure.

Prepare your wallets, and perhaps your anuses, because $GOAT is here to stay.
Conclusion: The story of $GOAT on Solana reads like science fiction, yet it’s unfolding before our eyes. As AI and cryptocurrency continue to intersect in unexpected ways, the creation of $GOAT represents just the beginning. Could this be the dawn of a new digital economy, where AI-driven memes rule the market? Only time will tell.

How to Buy $GOAT on Solana: CEX, DEX, and Trading Bots Explained

As $GOAT gains momentum on the Solana network, many investors are looking to hop on the bandwagon. Whether you’re a newcomer or an experienced trader, here’s how you can buy $GOAT through a Centralized Exchange (CEX), a Decentralized Exchange (DEX), or by using Trading Bots. We’ll also explore the pros and cons of each method to help you choose the best approach for your needs.

1. Buying $GOAT on a Centralized Exchange (CEX)

A Centralized Exchange (CEX) is a cryptocurrency platform operated by a company that manages your transactions and holds your funds on your behalf. Popular examples include Binance, Coinbase, and Kraken.

Steps to Buy $GOAT on a CEX:
  1. Create an account on a supported CEX (assuming $GOAT is listed).
  2. Deposit funds (either in fiat currency like USD or another cryptocurrency like BTC, ETH, or SOL).
  3. Search for $GOAT in the exchange’s trading pairs.
  4. Place an order (market or limit order) to buy $GOAT.
  5. Withdraw $GOAT to your personal wallet for safety.
Pros of Buying on a CEX:
  • User-friendly: Simple and easy interface, especially for beginners.
  • Liquidity: CEXs often have higher liquidity, allowing faster transactions and better pricing.
  • Customer support: CEX platforms typically offer some form of customer support.
Cons of Buying on a CEX:
  • Lack of control: Your funds are held by the exchange, putting you at risk of hacking or exchange insolvency.
  • KYC requirements: Many CEXs require you to verify your identity (Know Your Customer), which can be time-consuming and compromises privacy.
  • Fees: Transaction fees are generally higher on CEXs than on DEXs.
CEX That Currently Offer $GOAT2. Buying $GOAT on a Decentralized Exchange (DEX)

A Decentralized Exchange (DEX) is a peer-to-peer platform that allows users to trade cryptocurrencies directly from their wallets without any intermediaries. Since $GOAT is on the Solana network, a DEX like Raydium or Orca would be ideal.

Steps to Buy $GOAT on a DEX:
  1. Download a Solana wallet like Phantom or Sollet.
  2. Deposit SOL or USDC into your wallet, which you will use to swap for $GOAT.
  3. Connect your wallet to a Solana-based DEX (Raydium or BullX).
  4. Search for the $GOAT trading pair and swap your SOL/USDC for $GOAT.
  5. Your $GOAT will be directly available in your wallet once the transaction is complete.
Pros of Buying on a DEX:
  • Self-custody: You maintain full control of your funds, reducing the risk of hacks or exchange failures.
  • Privacy: No KYC is required, ensuring more anonymity.
  • Lower fees: Transaction fees on DEXs are often lower, especially on fast networks like Solana.
Cons of Buying on a DEX:
  • Complexity: DEX interfaces can be confusing for new users.
  • Liquidity issues: Smaller tokens like $GOAT may experience low liquidity, resulting in higher slippage or slower trade execution.
  • No customer support: Since DEXs are decentralized, there’s no customer service if you make a mistake.
Solana DEX3. Buying $GOAT Using Trading Bots

Trading bots automate the buying and selling process, allowing you to capitalize on price fluctuations without manually placing orders. Platforms like Unibot or Trojan offer Solana trading bots, which can help you efficiently trade $GOAT.

Steps to Buy $GOAT Using Trading Bots:
  1. Set up an account with a Telegram trading bot platform like MAESTRO or TROJAN.
  2. Connect/Generate your Solana wallet to the bot’s interface.
  3. Fund your wallet with SOL/USDC to purchase $GOAT.
  4. Create a buy order using the bot’s settings (e.g., market buy, limit buy).
  5. The bot will automatically execute the trade on your behalf, often with advanced features like limit orders, copy trading, or position monitoring.
Pros of Using Trading Bots:
  • Automation: Bots work 24/7, allowing you to trade even when you’re not actively monitoring the market.
  • Speed: Bots can execute trades faster than manual input, helping you get the best prices.
  • Advanced tools: Many trading bots offer features like limit orders, stop-loss, and automated strategies.
Cons of Using Trading Bots:
  • Learning curve: Setting up a trading bot can be complex for first-time users.
  • Fees: Some bot platforms charge additional fees for their services, cutting into profits.
Solana Trading BotsWhich Method Should You Choose?
  • CEX is ideal if you’re new to crypto and want a simple, user-friendly experience, but be prepared to compromise on privacy and control.
  • DEX is best for those who prioritize self-custody, privacy, and are comfortable with a more complex interface.
  • Trading Bots are perfect for advanced users who want to automate their trades, optimize their strategies, and capitalize on market fluctuations.

Each method has its strengths and weaknesses, so it’s important to assess your priorities — whether it’s convenience, control, or trading speed — when deciding how to buy $GOAT on Solana.

Tags: $goat, Crypto, Defi, Dex, goatseus, Solana, Trade bot

The WILD AI Story of GOATSEUS MAXIMUS aka $GOAT was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.

Web3 in Coinmonks on Medium
Original article
Tags: blockchain social
Newswire > Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders

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