Despite recent trading congestion on Solana, it has been recognized by the crypto community as a popular ecosystem for AI and cryptocurrency narratives that can quickly process large volumes of transactions.
The efficient processing power of Solana’s parallel environment attracted io.net, a decentralized network that provides global GPU resources for AI and machine learning, to choose Solana as its foundation. io.net’s launch and airdrop in April, with a valuation of $1 billion and $30 million in funding, may have brought significant benefits to AI projects on Solana.
As these news come together, this post will explore other AI “potential players” being built and operating in the Solana ecosystem.
And the baby
Nosana can be said to have kicked off the Solana AI season, with a more than 240-fold increase last year. Nosana is building a decentralized network specifically tailored for AI reasoning workloads (such as inputting ChatGPT responses and replying).
By creating a GPU computing power marketplace, Nosana allows individuals and companies to contribute or access computing resources, thereby facilitating more cost-effective and scalable AI model training and execution.
The project could be a game-changer for startups and researchers seeking cost-effective AI computing resources.
Grass
GRASS is a decentralized network that collects public web data from users and trains AI models through ZK Solana L2. Yes, you read that correctly—Solana L2. Users can participate in GRASS by installing a browser extension, effectively turning their browser into a node. This setup allows the network to take advantage of the user's extra internet bandwidth and collect data from public websites. GRASS is still in beta, but it has a points system that will (hopefully) reward users for contributing to data collection.
Synesis One
Synesis One uses Solana to build a decentralized solution for training AI models.
Synesis One allows anyone to earn cryptocurrency by completing small tasks such as providing data, data labeling, and data annotation for models. The platform simplifies participation in AI development by providing a straightforward way to train data, thereby democratizing participation in AI development through a transparent approach to data training. You can do this in your browser or through the app on iOS and Google Play stores.
Synesis' platform accelerates AI model training, increases transparency in data training, and supports a fair, data-driven economy.
Dither
While Dither built a Telegram trading bot, it also has other features.
With greater ambitions, the AI tool uses open-source historical data to create different tools for trading applications in and outside of crypto, such as Dither’s SeerBot, an AI that analyzes tokens to identify potential upside. For example, it estimates BODEN’s market cap at $223,000 and ALBEMARLE’s at $176,000.
Other upcoming applications include “semantic snipers” that can find and evaluate upcoming tokens based on qualitative features such as token logo quality and metadata (very useful today when names can determine the popularity of a stock) and fantasy football draft player analysis, which may be further extended to the football season.
Betting.
gmAI
Developed by the creators of the points trading exchange Whales Market, gmAI is an advanced artificial intelligence platform designed to enhance the functionality and user experience of dApps on Solana.
gmAI is seen as an operational layer of artificial intelligence that will be able to analyze on-chain data, identify smart contract risks, facilitate on-chain swaps, and automate liquidity mining without custody issues. While many of its features may be related to DeFi, gmAI intends to support many different use cases such as on-chain gaming, DAO automation, SoFi, and more.
gmAI is raising funds through a Twitter presale and plans to release early access soon. It will offer incentivized beta testing and additional rewards through a “soon-to-mint” gmID pass.
in conclusion
As io.net prepares to launch, these groundbreaking AI projects are in the spotlight, with the Solana parallel environment becoming an “incubator” for projects with blockchain AI potential. Grass, Nosana, Synesis One, Dither, and gmAI all have ambitious plans to expand the capabilities of blockchain and AI to make them more user-friendly, fair, or efficient.
