CDS CDS Wiki What is CryptoGPT? How Will It Affect the Crypto Market?
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What is CryptoGPT? How Will It Affect the Crypto Market?

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What is CryptoGPT? How Will It Affect the Crypto Market?
What is CryptoGPT? How Will It Affect the Crypto Market?

CryptoGPT is a ZK Layer-2 blockchain built with the understanding of the artificial intelligence revolution for millions of users around the world.

What is CryptoGPT? How Will It Affect the Crypto Market?

CryptoGPT offers users the possibility to monetize AI data. The platform has reached more than 2 million active users since the idea of AI was introduced. Imagine a world where the work you do in your daily life becomes a source of income. This platform will open the door to a market with excellent potential and will increase the adoption of artificial intelligence technology.

Since the emergence of artificial intelligence, ChatGPT, a text-based artificial intelligence application, has grown in popularity. Many investors argued that it was worth investing in a promising project that was growing in popularity. However, since ChatGPT creator OpenAI is a private company, it was not possible to list it on any stock market. With CryptoGPT, investors can now enter artificial intelligence technology.

What are CryptoGPT’s Key Features?

GPT is a Layer-2 blockchain built for developing artificial intelligence applications. Before moving on to the impact of AI technology on the crypto market, let’s talk about the key features of CryptoGPT.

  • Scalable Layer-2: CryptoGPT, a layer 2 blockchain using zkRollup technology, stands out for its EVM compatibility and for making its protocol open to code libraries. This makes it easier and faster for developers and users to develop their applications.
  • Truly Distributed: The platform is built independently of any central authority. Its belief in decentralization and proof-of-activity system helps to increase the network’s adoption and increase its security.
  • Totally Limitless: It combines scalability, ultra-low-cost transactions, and AI technology. This allows users to build applications with powerful infrastructure while harnessing the power of AI technology.

The features listed above are only the basic features of CryptoGPT. For more information about Crypto GPT, click here.

Artificial Intelligence and Crypto

With the artificial intelligence trend that started with ChatGPT, millions of people today are interested in artificial intelligence-based applications. With the increasing popularity of artificial intelligence, especially investors wanted to invest in the future. Elon Musk, whose influence on the crypto world we all know, excited investors with a few tweets about artificial intelligence. This wait of the crypto sector is coming to an end with CryptoGPT’s rapid entry into the market.

The Future of Artificial Intelligence

Many blockchain-based projects are emerging on the market. The highly popular artificial intelligence technology is seen as an opportunity for investors, but for many, it is perceived as a danger.

One of the uses of artificial intelligence is trading algorithms built using artificial intelligence. As users adopt AI technology, it has become increasingly popular. AI-based trading applications provide users with parameters such as market forecasts and future prices. While these have not yet been sufficiently adopted, it is certain that AI will have a significant say in the crypto market in the future.

Raise tokens for sale lockup

GPT is a cryptocurrency blended with blockchain and artificial intelligence technologies. The project, which excites investors, is designed as a completely decentralized cryptocurrency, independent of any government or central authority. The app aims to create decentralized applications (dApps) easily and quickly.

Investors’ wait is over, and GPT is finally listed on popular exchanges. Bitfinex was the first cryptocurrency exchange to list the GPT token. Then, popular cryptocurrency exchanges such as Pancake Swap, Bybit, Gate, Uniswap, MEXC, and Bitget also announced that they would list the GPT token on their exchanges.

Before the $GPT listing news, it was trading at $0.005 in the pre-sale. Following its listing on popular crypto exchanges, the AI-based token has risen to $0.055, a 10-fold increase since the pre-sale. At the time of writing, GPT is trading at $0.08638, according to data from about CryptoGPT Coingecko. The 24-hour volume of the coin is $41,098,947.

There are many reasons for the phenomenal rise. The popularity of artificial intelligence, starting with ChatGPT, is one of the biggest reasons for the rise. Many investors do not want to miss an opportunity that is popularized and seen as the technology of the future. In addition, the possibilities offered by the project, its decentralization, and transparency are among the factors that affect many investors.

Written by
oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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