The AI tsunami is coming again in May. OpenAI will release a multimodal AI model capable of dialogue and object recognition at 1 a.m. on May 14 (UTC+8). Google will showcase the latest AI tools and related product enhancements at the Google I/O conference at 1 a.m. on May 15 (UTC+8). Microsoft will also focus on AI issues at the Build annual developer conference on May 21.
AI is the most popular narrative in various fields in 2024, and there will be a chain reaction. As early as February, when OpenAI launched the text-to-video model Sora, various AI concept altcoins had a wave of increases. The AI tsunami in the technology industry in May may also trigger the rise of AI concept altcoins in the crypto industry.
This article will list 10 AI concept altcoins whose value may be underestimated for your reference.
PALM (PaLM AI)
Concept: PALM AI is a multi-platform second-generation AI solution powered by Google's AI tool suite and internal innovative algorithms. The project focuses on developing on-chain AI integration tools and AI applications that can be used in the real world, while also providing customized AI robot solutions to meet the different needs of individuals, groups, enterprises and projects. PALM is the utility token of PaLM AI, and PALM holders can participate in the revenue sharing of the platform.
Market value: $73 million
Concept: GraphLinq is a code-free automation platform on the blockchain, consisting of the GraphLinq chain and the GraphLinq protocol. It aims to enable users to easily deploy and manage various automation processes without programming skills through four major components: IDE, App, Engine and Market, while using built-in AI to help build dApps.
Market value: $31 million
VMINT (VoluMint)
Concept: VoluMint is an AI automated market maker that can be seamlessly integrated with CEX and DEX, and provides fully customizable market making solutions to support crypto projects. Its market making solutions include barrier-free market making robots, AI automatic trading robots, decentralized and unpredictable trading patterns.
Market cap: $14 million
NAVI (Atlas Navi)
Concept: Atlas Navi is a navigation app that uses AI and smartphone cameras to find the fastest route to your destination by detecting road conditions, accidents, traffic in each lane, available parking spaces, police cars, etc. to avoid problematic roads.At the same time, through the Drive to Earn economic model, users can get NAVI token rewards for using navigation.
Market value: $11 million
CGPT (ChainGPT)
Concept: ChainGPT is a developer of AI solutions in the Web3 field. It has built various tools for users by integrating large language models (LLM) with blockchain. Including AI chatbots, AI NFT generators, AI news aggregation, AI trading assistants, automated smart contract generation and auditing, etc.
Market value: $110 million
AI (Sleepless AI)
Concept: Sleepless AI is an AI-based virtual companion game that uses AIGC and LLM to create rich story-based gameplay and organic interactions with characters. The project is currently developing three games, and its first game is HIM, a virtual boyfriend Otome game, which has now been officially approved for listing on the Appstore in more than 150 countries around the world.
Market value: $153 million
GPU (Node AI)
Concept: Node AI is a decentralized platform that provides GPU and AI resource rental. Users can pledge GPUs to get a share of the revenue, while providing AI node leasing, GPU computing power lending and other services.
Market value: $121 million
ENQAI (enqAI)
Concept: enqAI is a decentralized AI model network that is fully supported by a decentralized GPU node network. In this way, enqAI can make its model free of political and cultural bias and censorship-resistant. ENQAI is the token reward issued by enqAI for nodes that provide support.
Market value: $48.6 million
EMC (Edge Matrix Computing)
Concept: EMC (Edge Matrix Computing) is a decentralized AI computing power application network and a Depin+AI concept project. EMC directly connects GPU computing power assets with AI applications and provides them to ordinary developers and users in a low-cost and convenient way. EMC has completed two rounds of financing, led by Faculty Group and Flow Ventures, and the amount is not disclosed.
Market value: $30 million
AQTIS (AQTIS)
Concept: AQTIS is an intelligent liquidity protocol powered by Quant-Tech and AI. Liquidity is provided by dApps built on AQTIS, which is committed to allowing ordinary users to use institutional-level investment strategies to achieve stable returns and advanced transactions.
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