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Cryptocurrency News Articles

Top 5 Cryptocurrency Projects Leveraging Artificial Intelligence (AI)

Sep 18, 2024 at 03:01 pm

AI and blockchain are aligning in many exciting and innovative ways, introducing benefits that extend well beyond the crypto space.

Top 5 Cryptocurrency Projects Leveraging Artificial Intelligence (AI)

As crypto slowly recovers from the last bear market, recent volatility has hindered the emergence of the next bull market. However, through recent advancements and improved reputation, particularly among institutional players, a bull market is bound to happen. It will likely be known as the AI bull market when it arrives thanks to the growing convergence of AI systems within blockchain environments.

AI and blockchain are aligning in many exciting and innovative ways, introducing benefits that extend well beyond the crypto space. From developer-focused infrastructure projects to enhanced end-user experiences, the growing synergy between these two technologies advances Web3 adoption and paves the way for decentralized and transparent AI use cases.

As more innovative AI blockchain projects push the boundaries on what Web3 will look like in the near future, here are the top five cryptocurrency projects leveraging AI.

Artificial Superintelligence Alliance (FET)

Formed when three leading AI Web3 projects recently merged, Artificial Superintelligence Alliance blends Fetch.ai’s autonomous agent technology, SingularityNET’s decentralized AI services, and Ocean Protocol’s data exchange framework to create the largest single decentralized ecosystem for AI blockchain research and development. Singularity and Ocean’s tokens were consolidated with the original Fetch (FET) token but will rebrand soon under the ASI ticker to enhance operational efficiency and integrate decentralized AI systems in a secure environment.

By aligning incentives, the alliance facilitates a transparent AI landscape by pooling resources and expertise from its members, progressing ethical and beneficial AI solutions and services within the blockchain environment. The three-way partnership intends to develop projects by leveraging each project’s unique solutions while inviting others to join the alliance.

The Graph (GRT)

The Graph is a protocol that makes accessing blockchain data easy by indexing query data from blockchains into smaller subgraphs. Subgraphs are open APIs that organize and serve blockchain information to applications, granting developers and data consumers quick and convenient access to indexed data. This enables developers to build faster and spend fewer resources on their decentralized apps, all while ensuring 24/7 uptime and data flow through a globally distributed contributor network.

As a decentralized data market powered by its community, The Graph network includes indexers, curators, delegators, and subgraph developers. As a global community, The Graph Council oversees the treasury and handles protocol upgrades.

GT Protocol (GTAI)

GT Protocol is a crypto investment platform leveraging AI to help users navigate the complexities of engaging with digital assets. Through innovative blockchain AI execution technology and advanced algorithmic trading tools, the Web3 investment platform provides seamless access to CeFi, DeFi, and NFT marketplaces — all within a secure, transparent, and non-custodial environment.

GT Protocol’s AI-powered app simplifies the crypto investing process by providing its users with a personalized Web3 investment assistant in the form of an AI chatbot, which can provide analytics and price info, execute trades, and generate investment strategies. To enhance its ecosystem, GT Protocol recently integrated Kima’s cross-chain settlement layer to enable users to execute cross-chain transactions with its native GTAI utility token seamlessly. To encourage both native and new crypto traders, GT Protocol has deployed a revenue-generation fee business model in place of an outdated subscription model, meaning users only get charged if they earn revenue.

AIOZ Network (AIOZ)

Designed to serve as a comprehensive infrastructure solution for Web3 storage, decentralized AI, and content distribution, AIOZ Network is an interoperable blockchain available on both Ethereum and Cosmos-based chains creating a content delivery network (CDN). The AIOZ blockchain empowers Web3 developers with a one-click integration for dApps and smart contract support.

The project’s global community of nodes supports the AIOZ dCDN (decentralized CDN), where thousands of users utilize spare computing resources to power the network’s vast infrastructure. AIOZ’s dCDN underpins the network’s infrastructure by fueling AI computation, data storage, and seamless media and video streaming for a growing number of decentralized apps built within the network.

Aethir (ATH)

Aethir is a recently launched project that unlocks the power of AI to provide safe and cost-effective access to enterprise-grade GPUs (graphic processing units) all over the globe. With its advanced and distributed computing infrastructure, Aethir leverages its unique DePIN (decentralized physical infrastructure network) tailored for AI and gaming by aggregating advanced GPU chips into a single network.

Enterprise GPU owners can provide their underutilized GPU chips for end users to access at an affordable rate and on demand, enabling them to train AI models and inference workloads, real-time rendering apps, and other virtualized compute functions. Its distributed model streamlines network expansion to deliver the most optimal and cost-efficient compute resources wherever needed.

Despite crypto’s built-in volatility, these five projects have seen their tokens achieve modest to significant gains during the week starting on September 9. FET and GTAI did particularly well with GT Protocol’s token’s price increase earning recognition from platforms such as KuCoin, HT

News source:bitcoinist.com

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