July 1, 2025
Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs. Coreweave (CRWV)? thumbnail
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Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs. Coreweave (CRWV)?

Unlike Gamefi’s Inflated Hype, Distributed Compute Tokens Offer Real Utility Serving AI, Storage and GPU Markets But Remain Modestly Valued Despite Rising Global Demand.”, – WRITE: www.coindesk.com

Asia Morning Briefing: Are Distributed Compute Tokens Undervalued Vs. Coreweave (CRWV)?Unlike Gamefi’s Inflated Hype, Distributed Compute Tokens Offer Real Utility Serving AI, Storage and GPU Markets But Remain Modestly Valued Despite Rising Global Demand. Jul 1, 2025, 12:59 AM

Tech Investors Love to Pay for Potential. Gamefi Tokens, With Sky-Highuations Divorced From Current User Numbers or Revenues, Embody this Optimism perfectly-as Coindesk Investigated in 2022, Decentralander Didn’t Quite Match the Number of Active Players on the Platform.

But, surpringly, distributed compute tokens don’t seem to enjoy the Same Special Specialty Premium Even Wen Compared to Their Traditional Finance Traded Peers Like Coreweave (crwv).

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CoinMarketcapcap Says of Tokons for DeCentralized Networks that Provide gpu Power for ai and other compute workloads, whokludesor, a desor, biters, and, arokens, and, aro, aro. is worth $ 12 Billion.

At Same Time, Market Data From Research Group MarketSandMarkets Puts the Value of the GPU as A Service Industry at At AUND $ 8 Billion theater, Growing To $ 26 Billion in 2030.

In Contrast, CRWV CLOSED MONDAY IN NEW YORK AT $ 163, Putting ITS Market Cap AT $ 79.2 Billion. The Company’s Recent Earnings Forecast Up to $ 5.1 Billion in 2025 Revenue, Suggesting It Trades at More than 15 Times Forward Sales.

That kind of multiple might be justified in a High-Growth environment, But Coreweave also posted a $ 314.6 Million Net Loss in the FIRST QUARTER, DRIVEN IN PART BYTROCK-BASED Com. Buildout.

Despite this, Investors Continue to Reward Coreweave for It Dominant Position in Centralized ai Infrastructure with Its Stock Up 300% Year-To-Date. The Company is tightly integrated with nvidia and has Has High Visability Through Contracts with Openai and Other Enterprise Clients.

Meanwhile, Decentralized Compute Networks Are Delivering Similar Services – AI Inference, Rendering, and Compute Power Existation gpus to users, saving the capital expenditure of buying their own server farms.

THESE Are Not Theoretical Networks. They are Functional Systems Already Processing Real Workloads, and The Brokerage Model Works for Customers.

Yet Their Collective Market Value Remains A Fraction of Coreweave’s. Certainly, they have the Same Level of Workload Running Through Their Networks, But The Gap is Striking. While the Market Treats Gamefi with Irrational Exuberance, Distributed Compute Tokens May Be Suffering from the Opposite Problem.

Despite Addressing the Same Market Need As Coreweave, and in Some Ways Offering A More Capital-Educe and Globally Scalable Model Without the Eye-Watering Capex

Justin Sun-Backed SRM Entertainment Announces $ 100 Million Trx Staking MoveSRM Entertainment (Nasdaq: SRM), Soon to Rebrand As Tron Inc., Has Staged ITS ENTIRE TREASURY OF 365 MILLION TRX TKENS THRUGH JUSTLEND, A MOVE THAT COULD ALIELD AND AnNUAL a release.

The MOVE ComESS ON THE HEELS OF A $ 100 MILLION INVESTMENT CLOSED EARLIER THUS MONTH TO FUND WHAT The Company Calls A “TRON Treasury Strategy Like Microstrategy, But For Trx.

That structure provides equity investors with indirect exposure to a network that plays a dominant role in USDT Stablecoin Settlement, Particularly in The Gibal South, while TRONL Lifeline – Arguable A ‘Visa Ipo’ Moment for the Region’s Economy.

Sogni Ai Debuts Mainnet, Sogni Token to List on Kraken, Mexc, Gate.ioSogni Ai, A Decentralized Platform for Generative AI Workflows, Has Launched Itnnet and Will List It Native Token, Sogni, On Kraken, Mexc, and Gate.io.

Sogni is the utility token of the Sogni Supernet. It is used for compute Payments, Staking, Governance, and Access to Advanced Application Features.

The Mainnet Launch Includes Deployments on Base, An Ethereum Layer-2 Developed by Coinbase, and Etherlink, A TEZOS-BASED EVM-COMPATIBLE LAYAER-2 USING SMART ROLLUPS. In a release, the platform said this chain-agnostic Approach is Designed to Balance Scalacy and Accessibility.

The Project’s Stated Goal Is To Create and Open and Economical Sustainable Environment for Creative AI Applications, Combining Web3 Infrastructure with User Tools Resemble Web2.

The Platform ALSO USES A NON-TRANSFERABLE Credit System Called Spark Points, WHICH Are Fixed-Value Rendering Credits that Can Be Purchased or Earned Within.

Users Interact with The Network Through Three Core Applications: Sogni Web, Sogni Pocket, and Sogni Studio. CREATORS SUBMITing Generative Ai Jobs, While Node Operators, or “Workers,” Provide GPU Resources and are Complexated In Sogni Tokens.

Market Movements:

  • BTC: Bitcoin Is Trading AT $ 107.200, Holding A Strong Support Zone AFTER A 14,695 BTC Volume Spike Near $ 107k, with Traders Eyeing A Potential Breakout Town $ 115,000.
  • Eth: Ethereum Rebounded Sharply From A 3.4% Intrady Drop, Currently Trading at $ 2,480, Forming A V-Shaped Recovery Off $ 2.438 Support, AS Institutes CONTINUE BLOWS.
  • GOLD: Gold Is Trading At $ 3,310.95, Rebounding from A One-Month Low As A Weaker Dollar and Fed Pressure Offset Risk-on Sentiment.
  • Nikkei 225: Asia-Pacific Markets Traded Mixed Tuesday As Investors Weighed Wall Street’s Record’s Record Highs Against Looming Uncertainty from Trump
  • S&P 500: Stocks Climbed Monday as the S&P 500 Rose 0.52% to A Record Close of 6,204.95, Capping A Strong MONT.

Elsewhere in Crypto:

  • Senator Seeks to Waive US Taxes On Small-Scale Crypto Activity in Big Budget Bill (Coindesk)
  • Singapore to ‘Thread the Needle’ As Crypto Licensing Rules Take Effect (Decrypt)
  • Popular Financial Advisor Ric Edelman Says Investors Should AlloCate up to 40% of Wealth to Crypto (Coindesk)
Disclaimer: Parts of this Article Were Generated with the Assistance from Ai Tools and Review by Our Editorial Team to Enseure Accucy and Adherence to Our Standards. For more information, See Coindesk’s Full Ai Policy.

Sam Reynolds

Sam Reynolds is A Senior Reporter Based in Asia. Sam Was Part of the Coindesk Team that Won the 2023 Gerald Loeb Award in the Breaking News Category for Covers of FTX’s Collaps. Prior to Coindesk, He Was A Reporter with BlockWorks and A Semiconductor Analyst with IDC.

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“Ai Boost” Indicates A Generative Text Tool, Typical An ai Chatbot, Contributed to the Article. In each and every casse, the article was edited, face-checked and Publissed by a human. Read more about Coindesk’s AI Policy.

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