Artificial Intelligence (AI) is advanced analytics and information technology that facilitates the foundation of the computer science field. It is estimated that by 2025, the worldwide artificial intelligence market will be worth $390.9 billion. Many key businesses are struck by the potential of AI to get better. Of course, this includes the advancement of fields such as logistics. In fact, experts can now even predict natural disasters using artificial intelligence. With the development of AI technology, the number of altcoin projects in this field is increasing day by day.
5 AI-themed altcoin projects to watch
In this context, you can find the top 5 artificial intelligence and big data themed altcoin projects in the field of Blockchain in this article. As Kriptokoin.com, we have prepared it for you.
5. Streamer (DATA)
Streamr (DATA) focuses on monetizing data and enabling seamless data exchange. It enables the use of smart contracts to speed up the change process. However, it works as an Ethereum-based peer-to-peer (P2P) network for real-time data. With a market capitalization of $22 million, the altcoin is among the constantly evolving projects. At the time of writing, DATA’s 24-hour trading volume was around $7.1 million. However, the coin was changing hands at $0.028754.
4. Phala Network (PALA)
Phala Network provides computing power comparable to existing cloud services. It also works as a cloud computing service, protecting the privacy of the programs managed within it. Additionally, developers can deploy secret smart contracts running inside TEE Enclaves on the CPU. The project solves security problems in the computing cloud space with Blockchain technology. Phala was among the largest artificial intelligence projects with a market capitalization of $24.7 million at the time of writing. However, Altcoin PALA’s 24-hour trading volume was $1.67 million and was trading at a unit price of 0.102230.
3. Covalent (CQT)
Covalent uses big data technology to interpret hundreds of billions of data points. Thus, it provides investors with actionable insights. It also allows developers to direct resources towards more important goals in their organization. Covalent does not laboriously obtain from a few specific chains. Instead, it collects data from dozens of sources, including nodes, chains, and data feeds. Additionally, it provides data per wallet, including real-time and historical investment performance. Now the team is working on an update that will make the network fully decentralized. Altcoin Covalent had a 24-hour trading volume of $1.9 million with a market cap of $29 million. However, the CQT token was finding buyers at $ 0.113914.
2. Alethea AI (ALI)
Alethea AI is developing a decentralized protocol (iNFTs). Thus, it builds a Smart Metaverse full of communicative and intelligent NFTs. The project, with the iNFT standard; It integrates AI animations, interaction and generative AI capabilities into NFTs. Developers benefit from their iNFT on “Noah’s Ark”, the world’s first Intelligent Metaverse using the iNFT protocol. Accordingly, they can produce, train and profit from iNFTs. At the time of writing, Alethea AI was trading with a market cap of around $32.8 million. The 24-hour transaction volume of the project was 889 thousand dollars. Additionally, the project’s native token, ALI, was on sale for $0.021095.
1. SingularityNET (AGIX)
SingularityNET has a globally accessible artificial intelligence market. This makes it easy for anyone to “produce, share and sell” AI services. It also does all this with Blockchain technology. Users can use the SingularityNET marketplace using the platform’s altcoin asset AGIX. Accordingly, they can browse, test and purchase a wide range of AI services. Additionally, the marketplace simplifies performance monitoring of AI tool developers. Thus, it serves as a venue for them to publish and market their products. SingularityNET contributed to the production of Sophia, described as “the world’s most impressive robot”. The project, which has a market capitalization of $42.6 million at the time of writing, has a 24-hour trading volume of $2.22 million. Also, the altcoin is trading around $0.039707.
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