The bull market is permanent, but the public chains are changing. In each bull market, there are a number of public chains that "lead the trend", and at the same time, there are also a number of public chains that completely "disappear into the dust" with the end of a bull market. As the most important crypto infrastructure, the market share of public chains is undoubtedly the highest. It carries the expectations of a large number of investors and projects. For public chains that lack sticky users, it seems that only by constantly updating the narrative and maintaining their brand exposure can they try their best to stay on the main stage of the new bull market.

AI is the hottest track with the highest attention and the easiest to go viral. Some of the star public chains in the first two bull markets did not shine again in this round of bull market, and AI has become a new narrative for the old public chains. Can the old public chains regain their glory if they take advantage of the popularity of AI?

Qtum: Investing in 10,000 GPUs to Support AI

On April 18, the Qtum Foundation announced the acquisition and launch of 10,000 Nvidia GPUs to support artificial intelligence projects.

In addition to launching the GPU support plan, Qtum also launched two AI products, Qtum Solstice and Qtum Qurator.

Qtum Solstice: A conversational chatbot similar to ChatGPT, based on an open source model. This Alpha deployment will enable users to engage in useful and intelligent conversations.

Qtum Qurator: A text-to-image generation model similar to Midjourney, also based on an open source model. This utility will allow users to generate images that would normally require tedious work in image processing software applications.

The Qtum Foundation said it plans to offer up to 10 more AI-related products in the coming months to further utilize these 10,000 GPUs. Such abundant computing power will help the Qtum Foundation find partners for cooperation and joint development.

NEAR: A master AI expert returns to the AI ​​race

It can be said that NEAR has the strongest connection with AI. Even when it was first founded, NEAR was a company completely focused on artificial intelligence.

However, in the first few years of NEAR's founding, its main goal was to create a convenient, easy-to-use, and environmentally friendly blockchain. Until the end of 2023, NEAR announced the launch of NEAR Tasks, a smart contract for automatic payment through NEAR tokens, which can help artificial intelligence projects better distribute rewards through this platform. But in fact, this project looks more like using the advantages of blockchain to optimize the development of artificial intelligence, rather than improving blockchain through artificial intelligence.

At NEARCON 2023, Illia Polosukhin named AI as one of the core verticals of the NEAR ecosystem. Ahead of Nvidia GTC 2024, the price of NERA almost doubled on the anticipation of Illia Polosukhin’s attendance as a speaker.

Currently, NEAR Tasks has not been officially launched, and there is no official classification of AI applications in the NEAR ecosystem.

Polygon: Launches AI tools based on GPT-4

Polygon seems to be sensitive enough in the AI ​​field, having launched Polygon Copilot as early as June 2023. However, according to PANews' test, the product does not seem to achieve the expected results and has failed to respond to multiple inquiries.

In addition to Polygon Copilot, Brain, an AI product built by Polygon, is also a similar tool with better functionality than Polygon Copilot. It can not only realize question-and-answer functions, but also provide functions such as deploying contracts and sending transactions through artificial intelligence.

In addition, on April 19, ORA, a popular AI project recently, announced a partnership with Polygon at Token2049 in Dubai to introduce its artificial intelligence oracle OAO on the Polygon chain.

Polkadot: Launching PolkaBot AI Chatbot

In 2024, PolkaBot launched an artificial intelligence education platform, PolkaBot AI, which is a language model similar to ChatGpt and currently provides some content retrieval about PolkaBot.

So far, although Polkadot has not launched an official AI plan, it seems to attach great importance to the development of AI projects in the ecosystem. On April 16, Polkadot officially published an article on its blog, listing several ecosystem-related AI projects, including the popular AI project Bittensor.

At the same time, Polkadot stated that "Polkadot's powerful infrastructure has unique advantages to support the artificial intelligence revolution, providing the scalability, interoperability, and security required for the huge computing needs of artificial intelligence." It seems that Polkadot's goal is to provide infrastructure for projects that combine Web3 and AI.

Cardano: Defending Cardano with AI models and blockchain comparisons

Although Cardano has not officially launched any AI plans, it is interesting that in response to the community's doubts about Cardano's inaction in April this year, its founder responded by comparing AI models and cryptocurrencies. Short-term narratives are not always effective. He said: "The problem in our industry is that short-term narratives and carnival sales dominate the conversation. Artificial intelligence has the same problem. A few months ago, Open AI dominated everything, but it also faces increasing competition from other language models. First, Claude 3, now we have Grok 1.5, and soon Llama 3."

End of the article

Judging from the above projects, all the old public chains seem to want to increase the popularity of AI, a social hot spot, but so far none of them have conducted in-depth exploration and efforts in this field. Among them, except for Qtum, NEAR, and Polygon, which have invested more in AI products, other public chains seem to be stuck in the stage of riding the heat. But at the same time, the Web3+AI track is actually not deserted. The current overall market value of AI projects has reached 23.2 billion US dollars, and most projects use Ethereum and Solana as the preferred technology. As an old public chain, if it wants to revitalize through the layout of AI, it may need to come up with some more powerful development strategies and products to be convincing.

Later, I will bring you analysis of leading projects in other tracks. If you are interested, you can click to follow. I will also organize some cutting-edge consulting and project reviews from time to time. Welcome all like-minded people in the cryptocurrency circle to explore together.