The world is at the onset of an Artificial intelligence (AI) revolution, not only we use it daily in our public and corporate lives. The use of Artificial intelligence (AI) in the world of crypto is becoming increasingly common, so these are the top 8 Artificial intelligence (Al) crypto projects to watch in 2023; keep track of them, or it might be a missed opportunity.
The Graph (GRT):
The Graph aims to make it easier to build decentralized applications (Dapps) on platforms like Ethereum and IPFS. It uses a technology called GraphQL, which allows developers to create and share APIs (application programming interfaces) called subgraphs. These subgraphs enable Dapps to retrieve and display data from the blockchain in a more efficient and customizable way.
SingularityNET (AGIX):
SingularityNET is building a platform for Artificial General Intelligence (AGI), which refers to highly advanced AI that can perform various intellectual tasks. The goal is to create a decentralized and democratic AI network where anyone can develop, distribute, and sell AI services. This allows for a more inclusive and accessible AI ecosystem.
Render Token (RNDR):
Render Token is creating a network that connects people who need computational power for tasks like rendering graphics with those who have spare computing resources. By leveraging the power of distributed computing, it enables faster and more efficient rendering of high-quality pictures for applications like animation and visual effects.
The Oasis Network (ROSE):
The Oasis Network focuses on providing privacy to decentralized applications. It aims to address the potential risks of AI systems that may give biased or privacy-breaching information. By integrating a privacy infrastructure, Oasis Network ensures that AI systems on its platform prioritize user privacy and security.
Injective (INJ):
Injective is a blockchain network designed for decentralized finance (DeFi) applications. It incorporates AI to enable auto-executing smart contracts, which are self-executing agreements that automatically perform certain actions when predefined conditions are met. This automation feature simplifies the development and execution of DeFi applications.
Artificial Liquid Intelligence (ALI):
ALI is the administration token of Althea's platform. It allows token holders to participate in decision-making processes that affect the platform. Althea focuses on artificial intelligence (AI) innovation and offers various AI-powered projects and applications, making AI accessible to a wider audience.
Elrond (EGLD):
Elrond is a blockchain platform that combines speed, security, and scalability. It offers an environment where AI-related applications and smart contracts can be executed efficiently. This enables developers to build AI-powered applications that can process and analyze large amounts of data more quickly.
Ocean Protocol (OCEAN):
Ocean Protocol is a decentralized data exchange protocol. It allows individuals and organizations to share and monetize their data securely while preserving privacy. This is particularly useful for AI development, as it provides access to diverse datasets, which can improve the accuracy and effectiveness of AI models.
These projects utilize blockchain and Artificial intelligence (AI) technologies to create decentralized solutions for various applications. They aim to make AI more accessible, secure, and privacy-conscious while enabling developers and users to leverage the power of decentralized networks for improved efficiency and innovation.
We do not offer professional investment advice, so please be cautious and invest in the crypto market with ample knowledge and research.
This article is for information purposes only; we do not recommend or advise any financial project. If you have any questions regarding the above article or if we missed anything, feel free to email us at Asif@marktechpost.com
