Since the last days of 2021 and early AI technology debuted in the mainstream market with surged adoption and extra advanced features, the development in Artificial Intelligence (AI) and the funding raised by the sector have surged reaching new heights.
In the most recent development of AI-based payment infrastructure, Nevermind has successfully raised $4 million in funding to enhance the infrastructure of AI payment for e-commerce.
Nevermind the AI decentralized payment infrastructure, has raised millions in funding to establish itself as the “PayPal in AI commerce,” the move of the firm to establish a financial system for self-governing AI agents, has been largely praised by the market watchers.
The additional information notes that the funding round was led by Generative Ventures, and funders like Halo Capital, Polymorphic Capital and Arca.
It is worth noting that since the past few quarters integration of AI technology to various industries has seen a staggering growth and billions of dollars in fresh funding has been injected into the Artificial Intelligence technology industry.
As per technology experts in the near future technologies like blockchain, digital ledger, Artificial Intelligence, and the decentralized world will likely reach their peak and might help the traditional industry to cater to more users and customers with more features and a hassle-free environment.
AI helping Cryptocurrencies to reach broader masses
According to data from CoinMarketCap, there are dozens of blockchain based currencies that leverage Artificial Intelligence to enhance the service, some of them have even developed their automated bots to make service more accessible without any failure.
Chatbots with AI capabilities are being used to teach consumers about crypto and provide them advice on how to purchase, sell, and keep digital assets. Additionally, these chatbots can guide consumers through intricate Bitcoin wallets and exchanges.
Security solutions with artificial intelligence (AI) are being utilized to guard Bitcoin transactions and stop hacker attempts. By identifying and stopping questionable activity, these technologies lower the chance of fraud and theft.
Crypto trading is being automated with AI-powered trading bots. By analyzing market data and making trades according to preset criteria, these bots can lessen the need for human interaction.
In the current crypto market, the trading bots of Coinbase and Binance are widely popular with some others, and on the other hand, the AI crypto market especially for coins and tokens is expected to reach above $100 billion by 2028 end, when writing the capitalization was $51.60 billion with a 52 weeks growth of 979.74 percent and at the same time trading volume was $4.92 billion with an annual addition of 721.24 percent.
However the wider cryptocurrency market has experienced many ups and downs in a few initial years, but as in the past couple of quarters, it has reached an appreciable milestone, recently trading just below the mark of $4 trillion.
Bitcoin the market pioneer has continued to prove its relevance, most recently it saw a sudden bullish momentum, acquiring the unprecedented ATH of $108k.
