You are all familiar with the concept of artificial intelligence coin now. It’s one of the hottest topics lately. So are Chinese coins. They are seen as the next catalyst for ascension. Let’s have a look at the details.
Missing the opportunity of artificial intelligence coin
Oasis Network stands out as the artificial intelligence coin. Oasis is a layer 1 blockchain like Bitcoin or Ethereum. But it has an emphasis on privacy. This means it enables developers to create privacy-focused apps. So how does he achieve this? It separates the execution of smart contracts from the consensus mechanism process. It has a safe design that provides high efficiency at low cost. Ultimately, this means cheaper transactions at higher speeds. Hence, the project’s technology is so robust that when Binance learned about the Oasis Network, he came to the project. In fact, some researchers claim that in April 2023, Binance added another 24 million ROSE to its reserves. Binance currently owns almost $2.2 billion of the $5.7 billion circulating supply of Rose. This is an interesting situation. Because Binance has increased its ROSE ownership 4 times in the last 18 months. Even Grayscale recently added ROSE as an asset under consideration.
The artificial intelligence coin Oasis Network focuses heavily on privacy. Confidentiality is an important issue, as we have mentioned as Kriptokoin.com. Oasis addresses the privacy issues posed by artificial intelligence. Privacy isn’t one of the best features of AI. However, Oasis benefits from the resources and infrastructure of its partners. And it offers privacy-based solutions. In a nutshell, Oasis is focused on providing a layer of privacy to Web3.
Partners of the project
AI coin Oasis has great partnerships with mainstream players. These partners include Meta, Google, Binance. On the other side are BMW, BSN (China’s government-backed Blockchain Service network) and Linux. In this context, we all know that there is a lot of hype around the AI coin right now. But artificial intelligence can be risky if it violates users’ privacy. Accordingly, it provides false information. That’s what Oasis aims to fix. That’s why Oasis plans to solve possible privacy issues of artificial intelligence. In this way, AI will become more ethical and safe.
The bet on Oasis is that many developers will use this platform for its privacy features. The larger the community, the more valuable the artificial intelligence coin ROSE becomes. ROSE is the native token of the Oasis network. Transactions are used for staking and delegation. ROSE has been in the accumulation zone for over 1 year. The fundamentals are strong, only the lack of dApps hinders the price increase. With Hong Kong retail investors, Chinese institutions, and the AI application boom, it’s possible for developers to come to Oasis Network to build more dApps.
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