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Forwarded from Top 7 | Tech, AI & Crypto Analytics

IMD Turns NFT Holders into Compute Providers

IMD, the Fren Pet team's return, now on Ethereum, has opened its agent network to the public. Anyone holding one of 2,000 free-minted NFTs can plug in their own machine and run an agent that writes and reviews Solidity, builds websites and answers on-chain oracle queries.

The swarm went from 2 team-run agents to 78 registered seats in 24 hours, with 72 machines connected, 3,859 jobs accepted and 2.7B inference tokens processed – 45 projects, 34 live deployments.

Each seat runs on the holder's own PC and their own Codex or Claude subscription, so the network's compute cost is borne by NFT owners, not the protocol.

The tokenomics are the actual product: every sell burns supply, 85% of tokens are routed to burn, and a protocol-owned "buy wall" redeploys LP ETH below spot on the way down. $IMD is $4.29, with a $30.7M FDV.

🔗 x.com/surfcoderepeat/status/2102050129440133156

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