The intersection of blockchain and artificial intelligence has become significant in the first quarter of 2024. We’ve seen Crypto-AI projects go from relative obscurity to digital notoriety (at least on X). Astronomical price actions have followed, with select projects multiplying in value far beyond expectations. Glamorous technology and cryptocurrency events, such as Nvidia’s GTC conference, have packed out rooms to hear more about these converging revolutions. Everyone wants a piece of the action.
We’ve taken the time to sift through dozens of these AI-Crypto hybrid projects and peer beyond the hype, the fud, and the pumps, to get to the most important factor of all – the underlying technology.
Here’s who we believe is leading the AI Crypto narrative in 2024, and who we are convinced, when the dust settles, will prove to be merited market leaders.
𝟭. 𝗬𝗢𝗨𝗥 𝗔𝗜 (𝗬𝗢𝗨𝗥𝗔𝗜)
Introducing YOUR AI Protocol, a Web3 content layer powered by AI and blockchain technology. It enables creators to maintain ownership of their content while distributing it efficiently using advanced algorithms. It facilitates collaboration between stores and content creators, incentivizing creativity and enhancing customer engagement.
YOUR AI is poised to disrupt the e-commerce industry in 2024, embodying the values of Web3 and empowering both creators and stores alike.
𝟮. 𝗔𝗜𝗢𝗭
AIOZ AI has been doing an impressive amount of development work recently, enabling them to tap into many different conversations as they scale their impressive AI-Crypto ecosystem.
The overarching idea of AIOZ is to be a Decentralized AI Computing Ecosystem. What does that mean for anyone interacting with it? Well, it’s a space to train AI models, store datasets, build dApps, and monetize their contributions to AI. At the blockchain layer, AIOZ is designed for Web3 builders who want one-click dApp integration and support for smart languages across Ethereum and Cosmos.
𝟯. 𝗙𝗲𝘁𝗰𝗵.ai (𝗙𝗘𝗧)
Fetch.ai has been key to driving the AI-Crypto narrative, largely because of how much recent press and attention it has received. The core concept is that it allows users to create intelligent autonomous decentralized agents that can do all kinds of automated tasks on your behalf.
Another reason that Fetch.ai and its “Autonomous Economic Agents” (AEAs) can lead the narrative in this space is because of how well-designed and accessible the platform is. This could well be the place where we see the smart AI autonomous economy built.
𝟰. 𝗦𝗶𝗻𝗴𝘂𝗹𝗮𝗿𝗶𝘁𝘆𝗡𝗘𝗧 (𝗔𝗚𝗜𝗫)
SingularityNET is a decentralized AI marketplace that leads the discussion surrounding democratized access to AI services. The cryptocurrency element is that all AI services must be purchased with the $AGIX cryptocurrency. Developers are invited and empowered to upload their own AI tools and algorithms to earn AGIX from sales to others. This business model essentially means anyone can access AI technology if they have AGIX to spend, or monetize their algorithms if they’ve written some.
𝟱. 𝗢𝗰𝗲𝗮𝗻 𝗣𝗿𝗼𝘁𝗼𝗰𝗼𝗹 (𝗢𝗖𝗘𝗔𝗡)
Last, but by no means least, we have the Ethereum-based Ocean Protocol. It aims to lead the discussion about improving the quality of decentralized data, which currently lags behind centralized data. Tapping into the fact that decentralized data offers more, Ocean provides a marketplace for data sharing that is built on AI. They’ve already raised over $20m in funding and have partnered with Aviva.
𝗔𝗻 𝗨𝗻𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝗥𝗲𝘃𝗲𝗹𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼-𝗔𝗜!
Remarkably, whilst writing this article, SingularityNET, Fetch.ai, and Ocean Protocol announced a stunning cryptocurrency merger! The new AI mega-project will be called Artificial SuperIntelligence Alliance, with the proposed $ASI token boasting a $7.5bn FDV from launch.
