Built on the Solana blockchain, Fartcoin combines humor and cryptocurrency by tokenizing fart jokes and memes to build a playful, community-driven ecosystem.

Just when you think the innovative cryptocurrency world has run out of surprises, along comes a project that catches everyone off guard. One such unlikely superstar is Fartcoin. This 

 blockchain, has quickly gained attention for its quirky premise: tokenizing fart jokes and memes. But beneath the gastro-inspired humor lies a fast-growing community and a surprising market performance.

This article unpacks the Fartcoin phenomenon, and asks the question: Is it worth your investment — or is it simply hot air? 

Fartcoin is a meme coin built on the Solana blockchain that allows users to submit fart jokes and memes to earn tokens. It went viral for its humorous concept and community-driven engagement.

Fartcoin, like most meme coins, doesn’t claim to have intrinsic value or serious utility. Instead, it thrives on humor and community engagement. True to its irreverent premise — tokenizing farts — Fartcoin is all about creating a fun and lighthearted experience in the crypto space. it attempts to build an interactive, inclusive community centred on fart jokes and memes, in which creativity and laughter take the spotlight.

Fartcoin scintillates with features like the "Gas Fee," which playfully produces fart sounds during transactions, adding a hilarious twist to the crypto experience. It also encourages participation through meme submissions, rewarding users for their contributions and building a strong sense of community

Fartcoin was created as part of an experiment by Truth Terminal, an 

, to test the influence of artificial intelligence on cultural trends. This merry project takes a playful approach to cryptocurrency, relying on jests and memes to drive its value. The more people talk about and interact with Fartcoin, the more its value grows — thanks to its reflexive memetic strategy.

Fartcoin’s community plays a key role in its success. Users can earn tokens by submitting fart-themed jokes or memes, with the most popular contributions earning extra tokens and a chance to be featured in various media projects related to the coin.

To keep things fun and engaging, Fartcoin’s tweets and social media presence are powered by Truth Terminal, with posts that embrace meme culture and fun. These posts, crafted by AI and manually shared by the team behind the token, help keep the community entertained and actively involved.

Thanks to Solana's fast processing speeds and low transaction fees, Fartcoin transactions are both efficient and accessible to users, making it easy for everyone to join in on the fun.

FARTCOIN is the native token of the Fartcoin project. It’s primarily used for community engagement, speculative investment and as a means to participate in the Fartcoin ecosystem.

FARTCOIN has a fixed supply of 1 billion tokens, almost all of which are circulating. At launch, 20.1 million tokens were allocated to Truth Terminal, the AI behind the project. This allocation ensures that Truth Terminal plays a central role in the promotion and development of Fartcoin. The remaining tokens were distributed to early participants through community meme submissions and liquidity pool incentives on 

. This approach has helped to build a strong and engaged community from the start.

Fartcoin has taken the crypto world by surprise with its quirky humor and explosive growth. Launched in October 2024 as part of an AI experiment by Truth Terminal, Fartcoin quickly captured attention with its playful concept and savvy marketing.

In just two months, Fartcoin’s market cap soared past $1 billion, its price skyrocketing by an astonishing 500% in just 11 days and placing it firmly as one of the top-performing meme coins of the year. On Dec 20, 2024, it reached an all-time high of $1.27 — all while the broader crypto market struggled during a downturn. It then reached a new ATH of $1.45 on Jan 2, 2025.

Fartcoin’s rapid rise can be attributed to early backing from institutional players like the 

, which helped establish credibility and liquidity, drawing in more investors. A major boost came when Fartcoin was listed on Binance Futures, sparking fresh interest and driving prices even higher. Its whimsical narrative also struck a chord with investors looking for something different. In a market dominated by uncertainty, Fartcoin’s comedic appeal offers a refreshing and profitable diversion.

Looking to trade Fartcoin tokens? Bybit now offers the FARTCOINUSDT Perpetual contract for trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Fartcoin's meteoric rise and quirky appeal make it an intriguing choice for speculation. However, potential investors should exercise caution. Meme coins like Fartcoin are highly volatile and often lack intrinsic value, making them risky investments. While its community-driven model and unique features offer entertainment and engagement, Fartcoin’s value depends heavily upon its popularity and ongoing participation.

As with any cryptocurrency, users need to 

 and understand the risks involved before investing. Diversifying your portfolio and investing no more than you can afford to lose are essential steps toward safely navigating the volatile world of cryptocurrencies.

Fartcoin is a perfect example of how humor and community engagement can create a buzz in the cryptocurrency world. From its quirky concept to its impressive market performance, it’s captured the attention of investors and enthusiasts alike. However, its success hinges on its viral appeal, making it a high-risk, high-reward investment. Whether you're in it for the gassy laughs or the potential gains, always approach meme coins such as Fartcoin with caution and research them thoroughly. After all, even in crypto, not every joke pays off!

Intermediate

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Fartcoin (FARTCOIN): Breaking Wind & Records in the Crypto World

Jan 6, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly Highlight — Markets Snap Five-Day Loss Streak 

Investors are now seizing the opportunity to buy the dip in U.S. stocks after a five-day decline that erased over $1 trillion in market value. Wall Street has broken its longest losing streak since April, with the Nasdaq-100 rebounding 1.7% and the S&P 500 rising 1.3% on Friday, January 3. These gains slightly offset the week's sell-off, which had continued into the new year following a tough December.

Despite concerns about slowing earnings growth among tech giants like the Magnificent Seven, traders remain optimistic, especially regarding AI leader NVIDIA Corporation. The market believes that, as long as retail investors keep investing in AI, the associated stock market boom is expected to persist. 

Stocks reached their session highs in the afternoon after Mike Johnson was reelected as speaker of the U.S. House of Representatives, indicating potential support for a business-friendly agenda. Meanwhile, bond yields rose, with the 10-year hitting 4.6% following comments from Richmond Fed President Tom Barkin about maintaining restrictive rates. U.S. manufacturing showed modest growth, with new orders at their highest since early last year, while investors assessed economic strength against the possibility of slower interest-rate cuts.

Weekly Crypto Highlight — AI Agent Spring Coming

Many investors are eagerly anticipating an Alt Season, a period when altcoins typically surge in value. However, current market dynamics suggest we may not see a widespread altcoin rally. The sheer number of tokens, combined with limited liquidity, has led to what's known as altcoin dispersion, making it crucial to select the right sectors and tokens.

, which are thriving even as the broader market declines. This nascent sector is experiencing rapid advancements, and its associated tokens face less pressure from venture capital unlocks. Many of its top protocols lack centralized exchange listings, indicating more buyers may enter the market.

Those investors who missed previous opportunities, such as the DeFi summer of 2020 and the Alt Layer 1 trade, now have another chance. Instead of targeting individual AI agents, the best risk/reward strategy lies in investing in infrastructure plays, which serve as the foundational tools for the sector.

The leading AI agent player is Virtuals Protocol, a platform for launching tokenized AI agents on the Base network. By purchasing tokens like Luna by Virtuals (LUNA) and VaderAI (VADER), users gain governance rights over specific agents, which allows them to both influence development and share in profits. 

Recently, daily protocol fee revenues dropped significantly in mid-December 2024 as activity slowed for the holidays. However, speculation around agent-associated tokens surged as the new year approached. Currently, Virtuals Protocol generates over $1 million in daily fees, though this is 50% less than figures for early December. Despite these challenges, the VIRTUAL token has more than doubled in value, reaching a market capitalization of $4.6 billion.

Other highlighted opportunities include Zerebro, which is pivoting to a full-stack framework for AI agents; ARC, with its Rust-based framework; and 

 (GRIFFAIN), a natural language on-chain search tool. These projects are well-positioned for future growth in the evolving landscape of AI technology.

 as we delve into leading AI agent tokens and the past week’s market movements. 

Advanced

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Weekly Institutional Insights: Market Snaps Five-Day Loss Streak; AI Agent Spring Coming

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

December's end-of-year options expiration brought an unexpected drop as realized volatility fell to the lowest levels of the month. Perpetual swap open interest remained stable, indicating these markets weren't heavily used for hedging against expired options, likely contributing to the muted volatility. 

While most expired open interest in Bitcoin (BTC) and Ethereum (ETH) hasn't been reinvested, the balance of calls and puts remains consistent. Notably, ETH options are pricing in higher implied volatility as compared to BTC, particularly for shorter expirations, leading to a flat term structure for ETH, while BTC is offering cheaper options exposure.

In the perpetual markets, low volatility and minimal spot movements have led funding rates for nearly all tokens to mirror broader market sentiment throughout the holiday season. On the options side, BTC's term structure is noticeably lower and steeper than ETH's, with realized volatility now dipping below implied volatility levels, highlighting an intriguing shift in market dynamics.

Please check out the report’s highlights.

Open Interest Solid Amid Year-End Options Expiration

Although open interest for both BTC and ETH perpetual swaps hasn’t returned to early December 2024 highs, it remained robust throughout the significant end-of-year options expiration event. This suggests that these markets weren’t heavily utilized to 

 of the expiring options contracts, likely contributing to the lack of volatility observed during this period. Instead, trading volumes have dipped noticeably during the winter holiday season, coinciding with a collapse in realized volatility back to December 2024’s lowest levels.

BTC Option Curve Remains Steep During Call-Put Parity

The expiration of December's end-of-year options didn’t trigger the anticipated surge in volatility; instead, realized volatility has plummeted to the lower end of its recent range. The implied volatility term structure remains steep compared to both its recent behavior and ETH's, with longer-dated implied volatility around 57%, and 1-week at-the-money options trading about five points lower. Much of the expired open interest hasn’t yet been rolled into new positions, maintaining a neutral balance between puts and calls. Consequently, BTC's options market positioning is relatively neutral, lacking the leverage it had at the start of December 2024.

Huge ETH Option Expiring Doesn’t Cause Volatility

A late December spike in realized volatility didn’t carry into the new year, with ETH’s spot price currently exhibiting volatility below that of short-tenor implied volatility. Interestingly, the implied volatility term structure has undergone a steepening and re-flattening over the past week, contrasting with BTC’s slightly steeper profile. This suggests that ETH’s options market is anticipating higher short-term volatility in spot price movements. 

Despite the significant expiration of options open interest at the end of December 2024, which didn’t lead to a rollover into later expirations, call options continue to dominate the market and have increased at the start of 2025.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 2, 2025): BTC Options Continue to See Call-Put Parity, With Lower Short-Term Volatility Expected

Dive into FLock, a decentralized platform that revolutionizes the way AI models are developed, trained and deployed.

Artificial intelligence (AI) is poised to transform countless industries, but its development often raises questions about privacy, control and inclusivity. 

 is a unique decentralized platform that democratizes AI training, fine-tuning and inferencing. With its blockchain-powered infrastructure, FLock ensures transparency, security and community-driven decision-making, paving the way for AI models that align with established societal values. 

In this article, we’ll explore how FLock decentralizes AI training, its key features and its potential impact on developers, communities and users.

 platform that revolutionizes the way AI models are developed, trained and deployed. By leveraging blockchain technology and a novel approach called 

, FLock addresses critical issues in AI development, such as centralized control, lack of transparency and privacy concerns.

At its core, FLock’s mission is to democratize AI by enabling communities to participate directly in the creation and refinement of AI models. Through federated learning, FLock trains AI models across multiple decentralized devices or servers. This method ensures that data remains local, eliminating the need for raw data exchange while still enabling robust model training. By decentralizing the training process, FLock not only protects individual privacy, but also fosters a more inclusive ecosystem in which diverse contributors can collaborate.

What sets FLock apart is its integration of 

. This ensures that all contributions — whether data, compute power or feedback — are transparently recorded and fairly rewarded. Blockchain tech’s immutable ledger enhances trust among participants and safeguards the process against manipulation. Additionally, the platform’s on-chain incentive mechanisms encourage participation from a wide range of contributors, ensuring that rewards are distributed equitably.

Ultimately, FLock empowers communities to develop bespoke AI models tailored to their specific needs. By decentralizing the process and prioritizing transparency and collaboration, FLock breaks the monopoly of large corporations, creating an AI ecosystem that aligns with public ethics and societal values.

, an Oxford alumnus with a robust background in AI and blockchain technology. Sun, who serves as FLock's CEO, has an impressive career trajectory, having worked as the Director of AI for the Royal Bank of Canada and as an AI Research Fellow at Imperial College London. His vision for FLock stems from a deep understanding of both the technical and ethical challenges of AI development.

The founding team also includes other Oxford alumni, boasting over a decade of combined experience in AI research and the cryptocurrency industry. This team brings a collective blend of academic excellence and practical expertise that positions FLock to lead the decentralized AI movement.

FLock has successfully raised $11 million in funding across two rounds, reflecting strong investor confidence in its vision. In May 2024, FLock secured a $6 million seed round co-led by Lightspeed Faction and Tagus Capital, with additional backing from Digital Currency Group (DCG), Volt Capital, OKX Ventures and Inception Capital.

Later, in December 2024, FLock announced a $3 million successful funding round led by DCG and joined by prominent names like Animoca Brands, Fenbushi Capital, GnosisVC and GSR. These investments are being channelled into enhancing the platform’s testnet and federated learning client, accelerating FLock’s mission of enabling secure, collaborative AI development.

With this funding and over 1,500 nodes contributing from platforms like Numerai and Kaggle, FLock is rapidly scaling its impact on decentralized AI training.

FLock AI revolutionizes AI development through its decentralized training framework. This approach allows participants to contribute to AI model training without ever sharing their personal data. Instead, models are trained locally across devices using federated learning, which ensures that data remains with its owners while still enhancing the accuracy of the model overall. 

FLock’s reward system is designed to incentivize active participation. Contributors who provide data, computational power and/or feedback are compensated with FLOCK tokens, ensuring a fair distribution of rewards. 

FLock empowers its community through a robust governance framework. Decisions regarding AI model development, deployment and ethical considerations are driven by the community, ensuring alignment with established societal values. Through blockchain-based voting mechanisms, contributors can influence the direction of AI projects, fostering transparency and public accountability. 

FLock’s modular architecture allows contributors to participate in specific aspects of AI model development. Whether providing raw data or computational power or even refining algorithms, the platform enables a collaborative and scalable development process. 

At the core of FLock’s philosophy is its commitment to privacy and security. By leveraging blockchain technology, the platform ensures that no single entity controls the AI development process. Data remains local and protected by cryptographic measures, while the immutability of blockchain guarantees transparency in every transaction and model update. 

 begins with a blockchain and an AI layer.

The blockchain layer underpins FLock’s incentivization and security mechanisms.

The AI layer facilitates model training, refinement and deployment, leveraging both centralized and federated approaches.

Let’s have a look at the supply and demand for the FLOCK token.

FLock adopts a 1:2 ratio model between team/investors (33.3%) and community (66.7%), prioritizing community-driven growth and ecosystem expansion. The majority of tokens are allocated to incentivize user participation and long-term ecosystem success.

FLock aims to improve the future of AI development by decentralizing the training process and ensuring transparency, privacy and inclusivity. By leveraging blockchain and federated learning, FLock empowers communities to contribute to AI creation without compromising on privacy. Its innovative reward system and community-driven governance foster a fair and collaborative ecosystem. 

With significant backing and a growing network of contributors, FLock is positioning itself as a leader in decentralized AI, offering a more ethical and secure alternative to traditional AI development models. As it continues to scale, FLock is set to transform the way AI models are built and deployed.

 — and earn a share of a 10 million FLOCK prize pool. For more details, visit 

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FLock AI: Decentralized AI Training

Bybit Learn

Blockchain

Jack Dorsey has announced his plans to develop a Web 5.0. Find out everything about it and discover why it will be much better than Web 3.0.

 in 1993, technological advancements have been developed and introduced for the purpose of improving the internet and providing people with a better user experience. 

Web 1.0 is notable for introducing technologies like the shopping cart and the ability to create static web pages. This era of the internet lasted from 1989–2005. Then came Web 2.0, which facilitated much more interactive features, as well as user-generated content. 

This guide explains what Web 5.0 is and why it's going to be better than Web 3.0.

Web 5.0 is meant to be a decentralized web platform that provides developers with the ability to create decentralized web applications with verifiable credentials and decentralized web nodes. The purpose of this platform is to reclaim control and ownership of user data.

Despite the fact that Web 5.0 remains in development, there are already clear indications of what this platform is going to be. At the moment, it's believed that Web 5.0 will be a combination of Web 2.0 and Web 3.0, and it will focus on creating a linked web that is not only intelligent, but also emotional. This means being able to communicate directly with its users, just as people can communicate with each other. 

Once it reaches its final form, Web 5.0 should be fully executing and highly powerful. The goal of this project is to create emotional interactions between computers and humans. At the same time, the project also seeks to give users total control over their identity and data. The status quo is such that the internet is neutral when it comes to emotions — since it can't identify how the user is feeling — and user data is owned by third parties. However, Web 5.0 should be transformational in this regard.

An example of a website that could be available with Web 5.0 is one that maps a person's emotions. When wearing headphones, users can interact with the content on the website, which will in turn interact with the person's emotions, perhaps via any identifiable changes in facial recognition.

Over the years, Dorsey has been at the forefront of many internet-based technologies, giving him a comprehensive understanding of how the web works and how it can be improved.

He has stated that users don't actually own this version of the internet, and that ownership is still tied to limited partnerships and venture capitalists. His belief is that Web 3.0 is still a centralized program with a slightly different label. Dorsey's bias that Web 3.0 is still centralized in some regards has led him to a vision of what can be achieved with Web 5.0.

 is a recently created platform that's considered to be the Bitcoin-focused subsidiary of Block, Inc. As mentioned previously, Dorsey has a vision for Web 5.0. It was announced in early June 2022 that TBD would be working on developing Web 5.0, the basis of which is built on Bitcoin’s foundations (see more below under 

The platform will also allow developers to create fantastic user experiences while also making sure that each user owns their data and identity. TBD believes that personal data and identity are currently owned by third parties, and that this ownership merely shifts to other third parties when it comes to Web 3.0.

While TBD has begun development on Web 5.0, their team expects development to be challenging because of the need to discard many assumptions of what decentralizing the internet actually means.

To better understand what Web 5.0 is, consider how virtual assistants are able to predict users’ needs by studying their behaviors. Even when there aren't many clues, virtual assistants can make accurate predictions of what users require. Web 5.0 is essentially a predictive virtual assistant on a much broader scale. This version of the internet will be able to interpret different pieces of information on much more complex levels, which means that these interpretations will use emotion as well as logic.

Keep in mind that Web 5.0 is also meant to focus much more on the individual when compared to Web 3.0. In theory, Web 5.0 should provide each user with a completely new and different experience. If it can perceive a person's emotions and create the appropriate response, then the interactions would vary from person to person. As advancements continue to be made with AI and technology as a whole, a complete picture of what Web 5.0 is should come into focus.

While Web 5.0 should have many features that will benefit users once it’s been fully developed and implemented, there are two core features currently of focus with this platform: The ability to control your identity, and the ability to own all of your data. With the current web, your identity and data are effectively owned by corporations and other third parties.

One of the main use cases for Web 5.0 involves being in control of your own identity. For example, let's say that Sarah has a digital wallet that's able to securely manage her data, authorizations and identity for external connections and apps. Sarah uses this wallet to enter her sign-in data to a non-centralized social media application.

Since this application has been connected with her identity, she won't need to go through the trouble of creating a profile. All of the posts, connections and relationships that are made with the app are stored on her decentralized web node. At this point, it's possible for Sarah to change applications whenever she wants — in which case her social persona would go with her.

Another use case of Web 5.0 involves owning your own data: Jake loves music, but hates that his personal data is locked with one vendor. This approach to personal data storage requires Jake to find the same songs and create the same playlists with every music app that he uses.

Even though these apps are currently vendor-locked, Web 5.0 makes it possible for Jake to store his data on a decentralized web node, which gives him the ability to provide each music app he uses with access to his preferences and settings. As such, his personalized music experience could be automatically added to every platform he accesses.

Even though Web 5.0 isn't fully formed at this point, there are already some clear pros and cons you might want to be aware of. 

The primary benefits associated with this platform include:

While there are many benefits of using this platform, there are also some potential downsides that include the following:

The key similarities between Web 5.0 and Web 3.0 include the following:

While these platforms share many features, there are also some key differences:

At first, users had access only to fully static web pages, which were stored on servers. The types of actions that users could perform were limited to reading news articles, writing and sending emails, and retrieving pages. There were only a few interactive features whic users could access with Web 1.0. It wasn't until the creation of online banking that interactive functionality gradually expanded.

As technology continued to develop, the Web 1.0 platform was growing and expanding to include additional interactive and dynamic features. Despite the inclusion of new features, Web 1.0 didn't allow for much user creation. In the early 21st century, Web 2.0 was developed and introduced. This version of the web was the mainstay until Web 3.0 became more widely adopted over the past few years.

Web 2.0 changed many of the assumptions that existed with Web 1.0. While web pages were static with Web 1.0, they became interactive and socially connected with the emergence of Web 2.0. User-generated content also became far more common. 

After the introduction of Web 2.0, many companies focused on creating and launching applications to bring large numbers of people onto their platforms. With this approach, companies were able to collect user data, which made it easier to monetize their users.

Web 2.0 can be viewed as a read/write network as well as a social web, both of which are interactive. The inclusion of user-generated content meant that users were able to operate software and develop content. These features made it possible for users to upload a video to YouTube, or interact with other users on Facebook.

With Web 3.0, applications are able to interpret data to create additional analyses and efficiencies. The innovations of Web 3.0 allow for features such as contextual search which, once fully implemented, will allow for:

While applications are able to execute functions and connect data without user input, Web 3.0 doesn't permit these applications to provide context or make complex decisions. This is where Web 5.0 becomes useful.

As mentioned previously, this version of the internet that's being developed by TBD will be based entirely around Bitcoin, which is mainly due to Jack Dorsey's support for Bitcoin and his belief that Bitcoin is the most secure decentralized network in the world. By relying solely on the Bitcoin blockchain, Web 5.0 won't need to use the various protocols and centralized blockchain networks on which Web 3.0 is based.

You may be wondering if Web 5.0 is really necessary. Based on everything that's been discussed and detailed in this article, there are some clear benefits associated with this version of the internet that aren't currently possible with the Web 3.0 version. For starters, Web 3.0 isn't fully decentralized.

According to Jack Dorsey, people don't fully own and control their identity and data with Web 3.0. At the moment, Web 5.0 should be viewed as an enhanced iteration of Web 3.0. While the advancements might not appear as notable as those adopted in the transition from Web 1.0 to Web 2.0, they should provide users with significant additional advantages.

Web 5.0: What It Is & Why It Will Be Better Than Web 3.0

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