Artificial intelligence (AI)-related cryptocurrencies have gained relevance in 2024, as AI integration into blockchain is driving new use cases. Some cryptocurrencies that are directly linked to AI and may be interesting for both trend analysis and investment may be:
1. SingularityNET (AGIX)
SingularityNET is one of the most well-known projects at the intersection of blockchain and AI. It offers a decentralized platform where developers can create, share, and monetize AI services. The AGIX token allows users to access these services and vote on governance decisions on the platform.
Trends: Demand for AI in areas such as data analytics and automation is growing, giving SingularityNET a positive outlook. With strategic partnerships, such as its collaboration with Hanson Robotics (creators of the humanoid robot Sophia), SingularityNET remains a major player in this field (Crypto Economy). Investment: AGIX has shown volatile performance, but with growth projections as AI expands into more sectors.
2. Fetch.ai (DONE)
Fetch.ai is a decentralized platform that combines AI and blockchain to create autonomous agents that can perform tasks on their own, such as data negotiation or resource management. These agents are used to automate services in different industries, from mobility to energy.
Trends: Fetch.ai's technology is constantly developing, and the adoption of AI-based automation solutions continues to grow, especially in areas such as the Internet of Things (IoT). Investment: FET has seen considerable growth in 2023 and 2024, driven by the rise in interest in automation and AI. Projections for the coming years point to increasing demand in autonomous services, which may create more opportunities for investors.
3. Ocean Protocol (OCEAN)
Ocean Protocol focuses on data monetization and sharing through AI. It uses blockchain to facilitate the secure buying, selling, and sharing of data. AI developers can access datasets to train their models, while data owners are rewarded through the OCEAN token.
Trends: With the exponential growth of data and the need for increased privacy and security, Ocean Protocol is well positioned to become an essential platform for the data economy. Investment: Ocean Protocol benefits from the growing demand for data for AI, which may increase adoption of the OCEAN token as more companies turn to the platform to share secure data.
4. Numeraire (NMR)
Numeraire is the native token of Numerai, a decentralized hedge fund that uses AI-powered predictive models. Data scientists around the world can contribute their predictive models through Numerai, and are rewarded in NMR based on the performance of their predictions.
Trends: Numerai is breaking new ground by combining AI with the financial market, providing a way to use algorithmic predictions to improve investment performance.Investment: Numeraire’s success is closely tied to the growth of AI in financial markets. As more institutional investors adopt the use of predictive algorithms, NMR could see a surge in demand.
5. DeepBrain Chain (DBC)
DeepBrain Chain offers a decentralized computing network that uses AI to optimize the processing of deep learning tasks. This allows AI companies to reduce their costs by accessing computational resources more cheaply through the blockchain.
Trends: With increasing computational needs to train AI models, DeepBrain Chain provides an attractive solution to lower costs and improve efficiency. Its decentralized cloud approach may find adoption in companies working with large amounts of data. Investment: The DBC token could benefit as AI companies look for cheaper and more efficient ways to train their models.
6. Cortex (CTXC)
Cortex is a blockchain platform that allows developers to integrate AI models directly into smart contracts. This opens up new possibilities for intelligent automation in a wide range of sectors, such as finance, healthcare and commerce.
Trends: By combining AI with smart contracts, Cortex enables the creation of more advanced dApps, positioning it as an innovative project within the Ethereum ecosystem. Investment: As more developers integrate AI into their blockchain solutions, the CTXC token could experience sustained growth.
7. Sails (86)
Velas is a blockchain based on the integration of artificial intelligence to optimize network performance. It uses a unique consensus algorithm that combines Proof-of-Stake (PoS) and AI to improve transaction speed and efficiency.
Trends: Blockchain optimization using AI is gaining ground, especially to improve scalability and reduce energy consumption. Investment: VLX has great long-term potential due to its focus on improving blockchain infrastructures using artificial intelligence.