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Best AI x DePIN projects for Altseason 2024 🧵⬇️
AI industry is set to explode into a massive market, especially as crypto becomes more integrated.
As of now, the AI market cap stands at over ~$25 billion.
But within a year, or perhaps two, the leading AI services utilized in everyday life will embrace blockchain technology.
The link between DePIN and AI shows a remarkably strong connection.
➜ AI introduces the potential for machines to function as autonomous economic entities, creating real value.
➜ The DePIN Model is crucial in setting up a structure that allows for the sharing of ownership and value.
By examining the current progress, we witness the rise of structures designed to link, unify, and oversee various groups of AI agents.
DePIN offers competitive advantages for AI startups needing cost-effective data storage and computational resources.
https://x.com/twobitidiot/status/1738031737014194436
➜ DePIN sector will grow with the AI industry.
➜ Demand for DePIN's services will increase due to AI's computing and storage needs.
While the upcoming altseason holds promise for significant growth, not all altcoins will experience a substantial increase.
It's likely that only 15% to 20% of altcoins will demonstrate remarkable results, with some being new projects.
Here are a few new projects whose launches you should definitely keep an eye out for.
Then we looked at the projects that already have tokens and are worth considering adding to your portfolio.
Let's dive ⇩
◢ @ionet - $IO
IOnet is developing an enterprise-grade decentralized computing network that enables machine learning engineers to utilize distributed cloud clusters at a significantly reduced cost compared to centralized services.
10-20 times more efficient than existing cloud options.
IOnet is developing five products:
➜ IO Cloud
➜ IO Worker
➜ IO Explorer
➜ IO Coin
➜ IO Architecture
◢ @uniultra_xyz - $U2U
U2U Network is a DAG (Direct Acyclic Graph) based and EVM-compatible chain leverages Subnet technology to provide infinite scalability and a perfect fit for DePIN.
They raised $10M seed round led be Chain Capital.
One of their products, U2DPN, now provides rewards that can be converted into tokens.
➤ https://x.com/wacy_time1/status/1762803419725643793
It turns our phones into active nodes within the U2U Subnet network:
➜ U2DPN offers a secure, no-code environment for instantly running nodes.
➜ Convert untapped internet data from your mobile devices into earnings.
◢ @OasisAI - $OAI
Oasis is a decentralized compute-powered AI inference platform and network, offering services to compute providers, AI model users, and enterprise clients.
Users can contribute the unused power of their GPUs for AI computing on the platform and earn $OAI.
To provide your GPU's power, simply follow these steps:
• Visit the website : https://tinyurl.com/2k8k33hh
• Register using your email
• Install the browser extension
Since this project is new, it presents a great opportunity to be an early adopter, especially considering there is no cost involved.
◢ @NATIXNetwork - $NATIX
The first AI-powered dynamic map supercharged by the DePIN and driver community.
NATIX incentivizes users to map their surroundings
AI software analyses video streams in real-time to detect a wide range of events.
◢ @Arweave Ecosystem - $AR
Arweave is a blockchain project that combines data storage permanence with security and decentralization, using a unique blockweave structure that requires Proof of Access for access.
Arweave's Utility and Apps:
➜ Smart Contracts
➜ Data Oracles
➜ Decentralized Content Hosting
➜ Digital Collectibles and NFTs
➜ Academic and Historical Record Preservation
➜ Decentralized Identity and Data Sovereignty
◢ @Render Network - $RNDR
The Render Network is the first decentralized GPU rendering platform, empowering artists to scale GPU rendering work on-demand to high performance GPU Nodes around the world.
Render Network's Impact on Digital Content Rendering:
➜ Decentralizing rendering services allows wide-ranging content creation
➜ Distributed nature reduces rendering time for complex scenes
➜ GPU owners set prices based on market demand
◢ @CUDOS_ - $CUDOS
CUDOS is a blockchain platform focused on computational power. It combines cloud and blockchain technology to create a decentralized, sustainable, and equitable world.
CUDOS`s provides:
➜ Computing power and infrastructure for decentralized applications
➜ Secure, decentralized storage solution
➜ Enhances developers' flexibility and resource access
◢ @nosana_ai - $NOS
Nosana is revolutionizing computing power access and utilization by offering a distributed GPU grid, enabling rent without overhead or fees. They address market GPU shortages, utilize underutilized hardware, and offer competitive pricing for AI solutions, making them an ideal choice for businesses.
Nosana`s Advantages:
➜ Provides affordable GPUs for AI users
➜ Offers GPU owners income through GPU rentals
➜ Allows AI users to access powerful hardware and train models faster
➜ Offers a suite of tools for optimizing GPU resources
➜ Offers easy-to-use APIs and flexible pricing
There is a pure W-pattern on the chart, if it works out, it will show a very strong growth.
◢ @aleph_im - $ALEPH
Aleph is an open-source crosschain network offering decentralized database, file storage, computing, and a DID framework to enhance the DeFi ecosystem through integrations and partnerships.
Aleph offers:
➜ Private VM: Confidential, private, encrypted virtual machine
➜24/7 VM: For seamless processes/functions
➜ Immutable storage volumes
➜ Private, encrypted file storage
◢ @akashnet_ - $AKT
Akash Network is an open-source, community-driven network powered by a blockchain. It offers cloud computing services and allows users to run their applications on decentralized cloud providers.
Key features:
➜ Infrastructure as Code
➜ Kubernetes Powered
➜ Persistent Storage
➜ Dedicated IP Leasing
➜ Permissionless
➜ Peer-to-Peer and Private
As a final note, I'd like to highlight
@peaqnetwork - $PEAQ
Peaq is the blockchain for real-world applications. The peaq layer-1 blockchain enables anyone to build decentralized applications (dApps) and Decentralized Physical Infrastructure Networks (DePINs) for car-sharing, street-mapping, Web access, and more, creating real-world value as part of the Economy of Things.
Collaborates with prominent companies like Bosh, Continental, and Airbus. The upcoming participant for the Coinlist token sale.
Boasts an ecosystem including 25 applications.
But in addition to $PEAQ, there are likely to be many other projects building on it, so it's crucial to keep an eye on the entire Peaq Netwok ecosystem.
I hope you've found this Article helpful.
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SOURCE: AlΞx Wacy ON X