Here are the top 5 of the AI coins
Here are the top 5 of the AI coins
The cryptocurrency industry is known for its explosive trends, in which a group of projects rise to heaven and clearly exceeds the rest of the market.
Some of them existed in 2023, but one that noticed that there seems to be a trend in connection with projects that have worked on solutions based on artificial intelligence.
A closer look at AI-related crypto projects shows that many of them have clearly exceeded the rest of the industry and multiply their value for a considerable factor.
In the following, it is discussed in more detail why this was done, what it provoked and which of the best known crypto projects are connected.
we dive.
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What is artificial intelligence (KI)?
First, artificial intelligence is not a new phenomenon in the world of technology. It is also important to note that there is no consensus about the definition of AI, which makes it difficult to determine a one -sided application.
Many consider Ki to be a particularly critical technology with transformative properties and the potential to change our society.
In terms of layperson, artificial intelligence is the simulation of human intelligence processes through computer systems or other types of machines. There are several applications, including expert systems, mechanical seeing, machine learning, speech recognition, processing of natural language and so on.Typically, AI systems usually work on the current level in such a way that they absorb huge quantities of characterized training information, analyze this data on patterns and certain correlations and then use these patterns to make certain predictions and conclusions.
This is how one of the more popular AI applications-namely chatt-works the Openai chatbot, which recently conquered the world in storm.
The Chatgpt-Mania
calls Chatgpt. While many companies are working on their own AI-related products, Chatgpt from Openaai gained popularity a few months ago, especially in the cryptocurrency industry.
All languages about chatt. In addition, everyone talked about chatgpt. So what is it?
Openaai has trained a chat bot model that is designed to interact with the user in dialogue. The dialogue format itself makes it possible Chatgpt and fairly easy to answer different connection questions. She even admits her mistakes, questions false premises and rejects applications that are considered inappropriately (a point of dispute for many).
But why not ask about yourself?
Chatgpt
This was when things started to be heated up.
tech giants give a lot of money
cryptotrends are often catalyzed through external events. In this special case, it was chatt and other AI-based models that gained driving under larger names. One of them was the Tech Mogul Microsoft.
On January 23, 2023, Bloomberg reported that Microsoft invested a whopping $ 10 billion in Openaai-Chatgpt's manufacturer. It is worth noting that Microsoft was already a supporter of Openai at this time and had already invested $ 1 billion in 2019.
Openaai also announced that it uses the cloud-based service of Microsoft called Azure to train all of its models. One of the main purpose of the investment was to give the company the opportunity to advance its independent research.
the crypto trend
It is difficult to determine the exact time at which the AI trend started on the cryptocurrency market, but it was about at that time.
Many cryptocurrencies that had something to do with artificial intelligence began to gain value.
As it is almost always the case, this also meant that projects that were rather dodgy, but only “AI” in their name, began to pump.
And although there are many serious projects with considerable support that are actively developing in the areas of crypto and AI, many are shameful, but more on that later.
we now take a look at some of the most popular AI cryptocurrencies out there.
top 5 AI cryptocurrencies
the graph (GRT)
The Graph is an indication protocol that was specially developed for the query of networks such as Ethereum and IPFS.
In other words, projects with complicated smart contracts (such as z Uniswap and even the Bored Ape Yacht Club NFT) collection save information in the Ethereum network. This makes it very difficult to read something other than the basic data directly from the blockchain.
Without going too far into the technical details (which you can find here), The Graph solves the complexity through a decentralized protocol that is designed to indicate the network data and enable the performance of an efficient query.
Many reports claim that The Graph uses artificial intelligence to do pretty much what Google did for the Internet.
his native cryptocurrency has the GRT ticker and has been exploded since the beginning of 2023.
SingularityNet (Agix)
SingularityNet is more of an ecosystem than a tightly focused crypto project, but it has artificial intelligence.
Essentially, it is an open and decentralized platform for AI services that were made available by blockchain-based technology. Developers publish their services in the network and they can then be used by anyone who has access to the Internet. Developers can also charge their services by using the native cryptocurrency of the ecosystem - Agix -
The core task of the team, however, is to create an “Artificial General Intelligence (AGI)” for a useful technological singularity.
It is also worth noting that the platform is based on two intelligent contracting networks - Ethereum and Cardano.
Agix has developed into one of the best performers in 2023.
fetch.ai (fet)
fetchaii presents a blockchain platform that uses artificial intelligence to support people in automation everyday tasks.
The goal of fetch.ai is to become a completely open and free -free network that uses AI to create a decentralized system that uses machine learning to perform tasks on the blockchain.
It is an interchain protocol and essentially uses the power of artificial intelligence to implement automated P2P applications without human intervention. It was introduced in February 2019 by an initial Exchange Offering (IEO) on the Linance Launchpad.
The entire ecosystem is underpinned by the native token called Fet. Positioned as a digital currency, FET is the primary exchange within the ecosystem. If you want to use one of Fetch.ai's paid services, you have to pay with FET.
oasennetzwerk (rose)
The OASIS network is a Layer 1 blockchain that is versatile, unique in a unique way and also data protection-oriented.
Without going into too many technical details, the technology stack includes the following highlights:
- The layer of consensus and the execution layer are separated. This allows several paratimes to process transactions at the same time.
- The paratime layer is completely decentralized. So everyone can build their own paratime.
- Oasis Network is structured so that it is more efficient than parachain and shading - that is the claim.
The paratime layer is its way of naming the execution layer.
The native cryptocurrency is rose. Similar to most AI-oriented projects, it recorded considerable growth in early 2023
The team published an official blog post that it builds "responsible AI primitive" and that "it works with industry leaders from several sectors to design and implement robust primitive for responsible AI".
Ocean protocol (Ocean)
Last but not least, the Ocean Protocol is on our list. This is a platform developed to connect data providers and data consumers in a blockchain-based marketplace.its model is based on several innovations, including AI and the tokenization of certain data records and data services so that providers can monetize their data quickly, easily and effectively. On the other hand, consumers have comfortable access to an ecosystem of useful information.
The cryptocurrency that drives the ecosystem is called Ocean.
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