Before we get to the article, I wish to say:
- I don’t own any of the mentioned tokens, at least for now.
- You have helped me get above 200 subscribers. That is a pretty big deal in my town. Thank you!
AI tokens – what gives?
Artificial intelligence (AI) is a quickly developing technology with many potential uses. One of them, you guessed it, is crypto!
Can you imagine a revolutionary blockchain technology that uses artificial intelligence. Well, it is about to get real.
Blockchain technology and artificial intelligence (AI) could theoretically work well together, and many projects use AI to enhance their offerings. A relatively new form of digital currency called AI cryptocurrency is rising in acceptance among cryptocurrency users. It varies from other crypto coins in several ways, with its utility being the most obvious. AI platforms that let users build and use AI-powered applications are frequently included in AI coins.
Can you imagine an AI blockchain finding a way to take control of the BTC or ETH chain? Or destroying the world? Or delivering you milkshakes exactly when you want them, although you didn’t know you want one? Or know more about you than you know about yourself?
Any examples of these “AI tokens”?
As a matter of fact, yes.
Some of them are already popular and have a Market cap well above 200 million dollars.
- GRT – The Graph
- Market cap today: $807,124,214
- OCEAN – Ocean Protocol
- Market cap today: 226,913,890
- FET – Fetch
- Market cap today: $221,781,188
- AGIX – SingularityNET
- Market cap today: $211,653,289
What do they do?
Well, every project is a bit different. Let’s look at some examples.
AGIX: By utilizing the Ethereum blockchain and tokenized incentives to unite the many stakeholders, it enables developers to monetize AI services on a distributed network.
OCEAN: An open-source protocol called Ocean Protocol enables “safe” exchange and monetization for both individuals and organizations. It enables developers to construct software that makes use of its many advantages, including the ability to securely access data from various sources, such as both public and private data repositories.
Will I buy them?
I haven’t paid that much attention to them until I had a chat with ChatGPT. You know, the thing that is so popular today. That conversation made me realize that A.I. development is unstoppable. If any of the mentioned projects get it going, it will also be unstoppable. Therefore, I will do more research and buy some of them in the future.