The AI industry is expanding quickly and showing great promise. With the widely-appreciated release of ChatGPT, an artificial intelligence conversation bot, interest in AI and its capabilities has reached new heights. The public’s interest in ChatGPT has prompted Google and Microsoft to race to develop their own artificial intelligence chatbots; Microsoft just announced a $10 billion investment in OpenAI, while Google is hard at work on its own bot, Bard.
Because of this, the value of some AI-related tokens has increased by as much as 16 times their initial cost. Artificial intelligence has recently gained traction in the crypto space due to the optimism surrounding its potential to improve blockchain networks’ user experience, scalability, and security. Cryptocurrencies based on artificial intelligence are used to fund a wide range of AI initiatives, including decentralized markets, market predictions, portfolio management, and even governance rights for token holders. Listed below are some AI-based cryptocurrency coins.
Leading Cryptocurrency AI Coins Globally 2024
Cortex (CTXC)
Cortex is a software framework for artificial intelligence that facilitates the development of distributed AI programs. The CTXC is the fuel token for the platform and the medium of exchange for artificial intelligence services on the network. Cortex’s competitive edge is that it executes AI models on the blockchain, making it more secure and efficient than other AI platforms.
Fetch.ai (FET)
Fetch.ai is an AI-driven platform for developing and deploying DApps. It makes it possible to build AI-powered gadgets with a high degree of independence and self-sufficiency. These tools can handle complicated tasks, including advanced analytics, predictive modeling, and decision-making. FET is the native token for the platform.
Read : AI-Enabled Crypto Projects you should know
SingularityNET (AGI)
SingularityNET is a distributed AI platform that makes it easier for developers to develop and share AI services. The platform is powered by the AGI token. This decentralized marketplace aims to bring together AI software developers who want to make money and organizations that want to use AI algorithms to cut costs and increase productivity.
The Graph (GRT)
The Graph is an innovative distributed ledger technology–based open-source system for data aggregation that does not rely on any central authority or third parties. This protocol employs the Graph QL query language to provide a worldwide Framework for indexing and arranging data for fast and simple retrieval. The Graph uses GRT as its native token.
Ocean Protocol (OCEAN)
Ocean Protocol is a blockchain-based marketplace that links data producers and consumers. Ocean protocol aids in the decryption of data, notably for artificial intelligence. The platform makes it considerably simpler and less expensive for developers to acquire the datasets they require to train and execute their models, while data providers can monetize their data. The OCEAN coin is the Ocean Protocol network’s native cryptocurrency.
Also Read; Latest Crypto Coins On The Rise
Takeaways
These 5 AI coins are some of the many AI crypto coins on the market right now. The way we think about technology is changing because of AI. AI tools make it easier for people to do their jobs and give creative ideas while doing less work by hand. When AI and crypto come together, it opens up a new way to speed up the development of decentralized apps. With AI technologies becoming more popular, these coins have a huge chance of changing industries and markets.
