AI tokens have become the trend of the cryptocurrency market since Bill Gates and his company Microsoft allocated $10 billion to the artificial intelligence industry. Shortly after that, Tron founder Justin Sun announced that the projects he was managing would be establishing a new decentralized payment system integrated with ChatGPT. In this article, let’s look at the forecasts for the 5 AI coins that have peaked in recent weeks with the flow of funds.
Here are the 5 artificial intelligence coins that have peaked in recent days
Fetch.ai (FET) was one of the first AI tokens to rally after Microsoft’s investment and what Bill Gates said on Reddit. Fetch.ai is a decentralized artificial intelligence and machine learning. It supports the growth of the digital world with minimal human intervention. The platform provides programmers with the resources they need to build autonomous agents. These agents can communicate with the network and develop different areas such as:
- Public transport.
- Supply chain.
- Smart homes and other industries.
Fetch makes a difference in the artificial intelligence industry with all these countless other features. Users can create detailed economic models. Its technology can also improve operations and reduce expenses. Fetch paves the way for an agent-powered autonomous digital economy.
In terms of price, it gained over 200% in the 30-day timeframe following the news of Microsoft’s investment. Since artificial intelligence has reached new trends, it has the potential to attract more investors in the coming periods.
SingularityNet (AGIX)
Another AI project, SingularityNet, owns about 60% of the token AGIX currently in circulation. But, more importantly, its use cases and huge potential. Therefore, SingularityNET is the most popular Blockchain-based artificial intelligence platform in the market. Anyone can easily “create, share and monetize” AI services.
Anyone can use the SingularityNET platform to purchase different AI services. They only need to use the platform’s native utility token, AGIX. Interestingly, the platform works like a regular selling point. Thus, AI developers can publish and sell AI tools.
SingularityNet is like Fiverr, the freelancer platform for AI. In 2017, SingularityNet’s ICO sold about $36 million in one minute. Now they want to help integrate AI into applications for the future. Developers will reveal their future on this platform. Because it allows them to earn money from their craft. It also gives them the advantage of having a wide variety of AI algorithms and data sources.
Oraichain (ORAI)
OraiChain is the world’s first smart and secure solution for the emerging Web3. It also focuses on scalable Dapps and decentralized AI. OraiChain runs on AI layer 1 protocol. It has high interoperability, meaning it is easy to connect to many cross-chain networks.
Oraichain focuses on aggregation and connection of smart contracts and AI APIs. Oraichain has six features as its focus:
- AI platform
- AI Oracle
- AI ecosystem
- Staking and winning
- Test cases
- Orai DAO.
Oraichain focuses on the development of smart contracts
These smart contracts can take advantage of AI models. Orachain’s approach is quite similar to Chainlink or Band Protocol. Unlike its competitors, it pays more attention to the quality of AI models and AI APIs.
Oraichain is also different from other solutions. Here, validators check the test case properties and the quality of the AI models. Here are some of the AI-powered use cases of Oraichain:
- Fake news detection
- Yield farming
- Flexible smart contracts and face authentication
PlantOn (LAT)
The fourth AI token, PlatON, is a Web3 infrastructure protocol. It focuses on privacy. It’s all about allowing any system or application to use AI with greater privacy. Also, they are all open source.
PlatON offers a public infrastructure that uses the 4 most common types of privacy technologies. Then you use the technology that works best for you based on the requirements of your application or protocol. It focuses on privacy so developers can focus on creating.
At the corporate level, PlatON helps businesses and individuals. They can add data as nodes and take part in computing tasks advertised on the platform. This approach ensures data protection and ownership identification. It also focuses on identification, asset conversions and pricing while maintaining privacy.
SingularityDAO (SDAO)
The latest AI project, SingularityDAO, has unique features in its own way. SingularityDAO is a decentralized, unattended, dynamically tuned token basket (DynaSets). Advanced Artificial Intelligence manages the portfolio. It is developed by the same team behind Singularity.
SingulaityDAO plans to leverage AI-DeFi to support the development of decentralized networks. Hence, the utility uses AI-DeFi to help develop the token ecosystem. However, some of the largest venture capital and investment firms support SingularityDAO. Key companies include AlphaBit, Genesis Block Ventures, SMO Capital, QCP Capital, AU21 and Jun Capital. As Kriptokoin.com, we have included the investment news that activates the artificial intelligence coin market in this article.