🚀💡 The AI revolution hits hard: Discover the revolutionary projects of the Grayscale AI fund! 🌐📈
The surge in Bitcoin price has triggered a wave of rebound in the altcoin market, notably in the popular Meme and AI sectors. Grayscale recently announced the creation of a new decentralized artificial intelligence fund, the Grayscale Decentralized AI Fund LLC, which will focus on AI services, solutions to centralized AI problems and the development of infrastructure related to AI.
Here are the main projects included in this new fund:
Bittensor (TAO)
Bittensor is a decentralized network connecting machine learning models from around the world, enabling collaboration between various specialized models to solve complex problems more efficiently. In 2023, Bittensor became the first AI token to be listed on Binance.
Key points :
Significant capital: Bittensor has raised more than $2 billion in venture capital, with investors including Polychain and Digital Money Group.
Enhanced security: After an attack in July 2023, Bittensor quickly fixed the vulnerabilities and restored its network.
Filecoin (FIL)
Filecoin is a decentralized storage system, evolving from the IPFS network. Since its inception, it has gained increasing adoption and recently partnered with SingularityNET for AI applications.
Key points :
Continued Growth: The volume of active transactions and the number of unique contracts deployed on Filecoin increased significantly in the first quarter of 2024.
Strategic partnerships: Collaboration with AI platforms and data infrastructures.
Live Peer (LPT)
Livepeer offers a decentralized solution for video streaming on Ethereum, reducing costs and increasing the reliability of streaming services.
Key points :
AI Innovation: Livepeer integrates AI computing capabilities for videos, enabling advanced features like text-to-image/video generation.
Network Growth: Usage up 31% in Q1 2024, with new AI subnets in development.
Near (NEAR)
NEAR Protocol is a layer 1 blockchain using sharding and PoS, promoting the creation of decentralized applications with great ease of use.
Key points :
Rapid Expansion: NEAR saw a massive increase in its TVL and number of active addresses in Q1 2024.
AI projects: Development of tools and partnerships to integrate AI into its ecosystem.
Render (RNDR)
Render Network provides a decentralized GPU-based rendering solution, facilitating the creation of next-generation 3D content.
Key points :
Growing adoption: Use in holographic imaging technology and partnerships with advanced language models.
Technology Support: Mentioned by Apple for its creative workflow capabilities.
#Binance #Web3 #$TAO #$FIL #$LPT
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