The rise of AI-focused projects in 2023-Blockchain

The rise of AI-focused projects in 2023-Blockchain

trends show that artificial intelligence (AI) will be an important topic in 2023 because the data indicate an increase in interest. Since the interest reached his climax and Microsoft invested billions in Chatgpt, the demand for AI-focused cryptocurrency projects has increased dramatically. For example, the crypto project fetch.ai has seen its native token fet in the past 30 days by 212 %, and another AI project, SingularityNet, has seen its token Agix increased by 293 % compared to the US dollar.

The interest in AI-focused cryptocurrency projects has increased significantly

In the week from January 22nd to 2823, the worldwide Google Trends score for the term "ki" LAG at 94 of 100th week 2022 reached the search with 100 His highest Google Trends score. One can certainly say that the world has increasingly focused on artificial intelligence (AI) since AI's publication. Enriched art platforms such as Dall-E, Deep Ai, Jasper Art, Starry Ai, Nightcafe and others. In the past two months, the Openai platform Chatgpt or GPT-3 has developed into a widespread AI phenomenon.

Google Trends shows the global score for the search concept "chatt" was in the week from 22nd to 2823 at 100 and has increased since the first week of December 2022. also show that Microsoft has entered the third phase of his long -term partnership Openaai through a "multi-year multi-billion dollar investment" said financing of up to $ 10 billion. The growing trend towards artificial intelligence (AI) and the demand for technology have expanded to blockchain projects that integrate AI into their protocols.

For example, a crypto-asset singularitynet.io has seen its native token agix increased by 293 % last month. Although Singularity network (agix) on January 29, 2023, he has risen by 17.5 % in the past two weeks. The project aims to support the next generation of decentralized AI. Another blockchain-based AI project, Vectorspace AI ( vspb.science ), has a token called vxv that rose by 95.9 % last month. The fetch.ai project has received a similar demand in the past four weeks.

In the last 30 days, the Fetch.ai fet-token rose by 212 % compared to the US dollar. The Fetch.Ai team says that the “Autonomous Agent Technology” project for peer-to-peer applications with automation and AI skills creates with or without direct blockchain access. ” Another Ki-based blockchain project, Ocean-protokoll and its Ocean-token have risen by 130 % in the last 30 days. href = "https://news.bitcoin.com/world-economic-forum-wef-believes-crypto-a-future-in-hand--hand-of-responsible-actors/" Rel = "noopener"> World Economic Forum aims to release data in a large scale through monetization encrypted data.

It is uncertain how long the demand for AI-based crypto-assets and the popularity of these tokens will last. All AI-related crypto assets are currently classified in terms of market capitalization and have recently experienced price jumps due to the increased interest in KI/Chatgpt.

What do you think is the increase in demand for AI-focused cryptocurrency projects? Share your thoughts in the comments below.

Jamie Redman

Jamie Redman is the news manager at Bitcoin.com News and a Journalist for Financial Technology living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com news about the disruptive protocols that arise today.


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