The world of blockchain is home to numerous projects related to artificial intelligence, which are gradually gaining popularity among investors. Here are some.
In the last period, the world of cryptocurrencies has witnessed a new and significant explosion of interest in tokens linked to artificial intelligence (AI). On platforms like Coinmarketcap, it is clear that trending sectors are undergoing interesting changes. Among the most discussed ecosystems, such as that of Solana, ERC404, and the Gaming sector, the segment dedicated to AI emerges with renewed vigor.
Why has interest in AI-themed cryptocurrencies returned?
This renewed interest is not accidental but is fueled by recent innovations in the field of AI, which are generating a strong sense of FOMO (Fear of Missing Out) among investors. Prominent events, such as the launch of Sora by OpenAI, a revolutionary technology that allows you to generate videos from text, or the introduction of smart Frame glasses, equipped with ChatGPT and developed by Brilliant Labs are catalyzing general attention towards the potential of artificial intelligence.
Sora represents a significant breakthrough in the field of AI content generation. This technology uses advanced algorithms to transform text into video, allowing users to create visual content simply by starting from a written description.
Which AI cryptocurrencies have the highest market value?
In this scenario, several AI-themed cryptocurrencies are rapidly climbing the rankings of the most capitalized, reflecting growing interest from investors. Projects like Internet Computer (ICP), Bittensor (TAO), and Near Protocol dominate the scene in data analytics, and this highlights the growing interaction between blockchain technologies and artificial intelligence.
Although Internet Computers and Near Protocol reached the peak of their media expansion well before the advancement of artificial intelligence, many tend to associate these projects with the categories of AI and Big Data. Internet Computer (ICP) is a pioneering project developed by the DFINITY Foundation, which aims to transform the capabilities of the Internet from simple data hosting to a publicly accessible global computer. The goal of Internet computers is to provide a decentralized environment where applications can run directly on the Internet, eliminating the need for traditional cloud services. Near, on the other hand, offers an ideal solution for developers interested in creating decentralized applications (dApps).
Bittensor, on the other hand, represents a much more recent initiative, which is gaining increasing popularity on-chain and increasing its market capitalization. This decentralized network aims to promote the creation and sharing of artificial intelligence (AI) information. The goal is to establish an ecosystem in which AI algorithms can interact and learn from each other in an open and decentralized manner, thus overcoming the barriers imposed by current proprietary and centralized structures.
What are the most discussed crypto AIs?
Among the most discussed cryptocurrencies directly linked to AI, we find FETCH.AI and SingularityNET, both pioneers in exploring and exploiting the synergies between artificial intelligence and blockchain technology. These projects aim to create decentralized platforms that facilitate the development and deployment of AI solutions, offering new opportunities for automation, data analysis, and intelligent interactions.
They are well-known companies, however with a lower market capitalization than ICP, NEAR, and TAO. The FETCH.AI platform aims to develop a decentralized digital economy, where autonomous agents, guided by artificial intelligence, can operate independently or on behalf of users, carrying out tasks, offering services, or carrying out transactions without requiring direct human intervention. SingularityNET, on the other hand, aspires to become the leading marketplace for AI services, enabling AI developers to make their innovations available, thus making it easier for users to access a broad spectrum of artificial cognitive capabilities.
What are the best-performing cryptocurrencies?
The "AI & Big Data Tokens" category has recorded important performances in the last 7 days. Projects like Delasyum (AGI), with an impressive +170% growth, Matrix AI Network (MAN) which recorded a +120%, and PAAL AI (PAAL) with a +107%, are demonstrating the investment potential and growing interest in innovative solutions that combine AI and blockchain.
They are all relatively new projects, that are seeing significant capital returns, so it may always be too early to understand the actual quality of their business. In any case, the surge in prices that these projects are recording fully expresses the euphoria of the market at the moment.
Why does the idea of funding on-chain AI projects work so well?
These projects, although different in approach and application, share the common goal of overcoming the current limits of artificial intelligence and data management through decentralization. AI aims to optimize data analysis, improve the security and efficiency of systems, and create more intuitive and personalized user interfaces, while blockchain offers transparency, security, and the immutability needed to manage such systems effectively.
The explosion of interest in AI-themed cryptocurrencies reflects a broader trend towards the integration of blockchain technology and artificial intelligence. As these technologies continue to evolve and intersect, we are likely to see innovative new projects emerge and greater adoption of AI and blockchain-based solutions.
Original article published on Money.it Italy 2024-02-19 18:10:00. Original title: Le criptovalute a tema AI più interessanti nel 2024
