TermiX2026-08-24 14:22:34TermiX and Kaito launch Katalyst creator campaign with rewards equal to 0.3% of TMT supplyTermiX, an Agent commerce layer backed by YZi Labs, said on X that it has launched the Katalyst creator campaign with Kaito AI, offering participants rewards in TermiX tokens, or TMT. The total reward pool is set at 0.3% of TMT’s total token supply. Of that amount, 0.24% will go to ranked creators, while 0.06% is reserved for Kaito stakers. The campaign will run for 90 days starting on Aug. 24 and is divided into three 30-day periods. Separate English, Chinese and Korean leaderboards will run in parallel. In each period, participants can submit up to 10 pieces of content, with the top six counted toward scoring, for a total of 18 scored submissions across the full campaign. The creator pool will cover 450 creators in total, including the top 150 in each of the English, Chinese and Korean rankings. Distribution will follow a 40%, 40% and 20% split. Rewards will be distributed in a single batch after the campaign ends, with 100% unlocked at TGE.6090
Technology St2026-08-04 04:44:10Tech-heavy mutual funds reeled in July as crowded AI and semiconductor bets reversedActive equity mutual funds that shifted heavily into technology in the second quarter came under sharp pressure during July’s sell-off in A-share tech stocks. According to CITIC Securities estimates cited in the report, active public funds’ allocation to the electronics sector reached a record 42.64% by the end of the second quarter. Wind data showed that 67 active equity funds sharply raised their TMT exposure, with average weighting climbing from 6.75% in the first quarter to 54.99% by the end of the second. The reversal hit funds that rotated out of consumer, liquor, healthcare, dividend and other traditional holdings and into AI, semiconductors and computing-power names near the June highs. Funds managed by well-known stock pickers including Zhang Kun, Liu Yanchun, Ke Haidong and Zhu Shaoxing were cited as examples of the broader repositioning. In July, the ChiNext Index fell 25.29%, the STAR 50 Index dropped 28.06%, and the STAR Composite Index lost more than 30% by July 30. The report also highlighted newly launched funds that built positions during the June peak and then saw net asset values slide below CNY 0.6. It cited Guotai Haitong New Energy Ruixuan Mixed Initiated A and Rongtong New Materials A as examples. The article was originally published by the Economic Observer, written by Hong Xiaotang and Zhang Pengrui.2190