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first_img Linera opens pre-registration for the LNRA community round, subscription from September 1 to 8

The real-time market application underlying protocol Linera announces the opening of pre-registration for the $LNRA community round, aimed at traders, badge recipients, community members, and external participants, allowing for token purchases before Season 1 and TGE. Pre-registration is open from now until September 1 UTC, with the subscription period from September 1 to 8 UTC. Participants can join at a fixed price / FDV using USDC on Base through sale.linera.net, with round pricing and scale to be announced on August 28.This round is divided into a reserved pool for badge holders and an open pool for all registered users. Badges can be earned daily through trading and social activities on app.linera.xyz and claimed at portal.linera.net. Higher levels and points determine the priority order for the reserved pool; the open pool is allocated proportionally, with a single wallet limit of $100,000. For every $1 committed, 1 Commitment Credit is earned, which can be used for fee-free trading volume in Season 1 on app.linera.xyz, with refunds also counted.It is reported that 65% of the total supply belongs to the community (including reserves and this pre-sale), while investors and early contributors hold a total of 25%, with a three-year vesting period from distribution. Linera claims there are currently about 50,000 traders, over 80 million predictions, and over 2 billion test trades, nearing the launch of the mainnet.

first_img Corporate AI spending continues to increase, with the growth focus shifting from subscriptions to APIs

FundaAI released a research report on enterprise AI applications, indicating that enterprise AI budgets are still expanding, but there is a divergence in trajectories in the second half of 2026 and 2027. The AI spending guidance from large U.S. telecom operator A shows an increase from a baseline of 100 in January to about 190 in December, with an expected year-on-year increase of 40%--50% in 2027; large European automaker A has only increased by 10%--15% so far this year, with guidance for next year remaining roughly flat.Incremental spending is shifting from paid seats to API/Token consumption and production workflows. The aforementioned telecom operator's subscription and API ratio has changed from about 50%/50% to 40%/60%, and it may trend towards 35%/65%; mid-to-large biopharmaceutical company A has adjusted from 80%/20% to about 70%/30%. Open-source adoption is uneven, with active scenario usage accounting for 30%--40%, as the unit price is lower, leading to a smaller spending proportion; experts estimate that open-source inference can be about 40%--70% cheaper than closed-source cutting-edge models, with the gap narrowing to 20%--40% under full cost metrics, and model routing, caching, and context compression could further reduce API spending by about 20%--30%.On the production side, AI budgets are increasingly built from the bottom up based on workflow ROI. The typical production ROI for this telecom operator is about 1.5--2 times, with a payback period of 6--18 months, and mature use cases can reach 3--5 times. The next wave of spending is related to agents, software modernization, network operations, commoditized workflows, and longer-cycle business processes, but engineering capacity, process reengineering, governance, and data readiness are becoming tighter constraints than funding.
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