With the rise of artificial intelligence and blockchain technology, AI projects have emerged. In this article, we will talk about the best AI crypto projects and the development of AI projects.
Best ArtificiaI Intelligence (AI) Projects in 2023
Following the development and popularization of blockchain technology, one of today’s most significant technology trends, artificial intelligence, technology has made its mark on the agenda. First of all, both of these technologies have millions of users individually. Imagine the merger of such popular technologies. The merger of blockchain and artificial intelligence will be a huge opportunity and a brand-new technology trend.
What is Artificial Intelligence?
Artificial intelligence is a branch of technology that enables computers to make decisions based on data in a way that mimics humans by adding data to computer-like machines. Artificial intelligence technology has developed depending on many factors. Generally, artificial intelligence technology is made to imitate humans. In other words, daily human work that is done continuously and routinely is done by machines with artificial intelligence technology.
Introduction of AI Cryptocurrencies into Our Lives
With the rise of artificial intelligence technology, almost the entire social media agenda once revolved around artificial intelligence. Although this hype excited many investors, companies, such as OpenAI, one of the largest known AI creators, did not have a stake or token. Recognizing the gap in the market and the power of AI technology, developers created AI-based blockchain projects. As a result, a category of cryptocurrencies called AI cryptocurrencies, such as DeFi, GameFi, etc. was created.
Best AI Cryptocurrencies
There are many AI projects that combine blockchain technology and artificial intelligence. These projects are developing day by day and are expected to leave their mark on the future.
The Graph (GRT)
The Graph is an AI cryptocurrency project that aims to index and query data on blockchain networks, working similarly to companies such as Google and Facebook. The protocol aims to make it easier for users to access blockchain data without being dependent on any central authority.
The platform achieves this goal by using artificial intelligence technology to streamline the indexing process. The protocol is built on the Ethereum blockchain. The Graph ecosystem revolves around the GRT token. The GRT token first appeared in 2020 and has increased its value by up to 19000%. At the time of writing, the token is trading at $0.1415.
Fetch.ai
Fetch.ai is a fully decentralized machine learning platform that combines blockchain and artificial intelligence. The platform offers AI products that automate functions such as data processing and trading. These products can be customized on an industry basis, and additional features can be added.
The native token of the Fetch.ai ecosystem is FET. The token is designed for users to pay for using Fetch.ai network transactions. FET can also provide passive income to users through staking.
SingularityNET(AGIX)
SingularityNET is a decentralized AI network that allows users to build and share their own AI algorithms. The AI project sees itself as the AI marketplace of the future. The platform also allows users to share their AI projects with other users. Such transactions are done with the AGIX token, the native token of the platform.
Developers can earn AGIX tokens by selling their AI projects on the platform’s marketplace.
Ocean Protocol (Ocean)
Ocean Protocol is a decentralized data exchange platform built on the Ethereum blockchain that enables businesses to share and monetize data with each other. The protocol offers users’ data in its own marketplace. In this way, users can access data more easily, while sellers can monetize the data they share.
Ocean Protocol’s native token is OCEAN. The token supports the ecosystem to enable transactions on the network. Data exchanges on the platform are done through the OCEAN token.
Numeraire
Numeraire is an AI project that aims to provide developers with more reliable data and higher-performance machine learning using the power of artificial intelligence. The project offers AI-powered financial model predictions to data scientists and developers. This is done through the Numeraire tournament. Users who participate in the tournament are rewarded with the platform’s native token, the NMR token.
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