- NEAR Protocol
- Internet Computer (ICP)
- Artificial Superintelligence Alliance (ASI)
- Bittensor (TAO)
- Akash Network (AKT)
Cryptocurrencies driven by artificial intelligence are becoming a trend, attracting the attention of investors. “AI coins” are digital assets that use artificial intelligence to enhance various aspects of blockchain networks, such as user experience, scalability, and security.
We will talk about five popular cryptocurrencies with an AI background.
NEAR Protocol
NEAR Protocol (NEAR) is the largest AI-related token by market capitalization, valued at over $5.5 billion. The NEAR Foundation is investing in making NEAR the best ecosystem for next-generation AI research and applications. NEAR Protocol (NEAR), initially launched as a crowdsourced AI platform, later expanded into blockchain.
As of September 2024, the cryptocurrency is trading at around $5.
Internet Computer (ICP)
Internet Computer (ICP) is an AI-based crypto project to enhance the Internet by providing a decentralized cloud computing platform. It allows developers to create scalable, secure, and fast decentralized applications without using traditional servers. The ICP blockchain network supports the creation of various online systems and services, such as social media platforms and applications.
Internet Computer (ICP) is an AI-based crypto project to enhance the Internet by providing a decentralized cloud computing platform. It allows developers to create scalable, secure, and fast decentralized applications without using traditional servers. The ICP blockchain network supports the creation of various online systems and services, such as social media platforms and applications.
The native token of the blockchain is ICP, which as of September 2024 is trading at around $8 and has a market capitalization of nearly $4 billion.
Artificial Superintelligence Alliance (ASI)
This year, the blockchain networks Fetch.ai, SingularityNET, and Ocean Protocol merged their tokens into one and formed an alliance for decentralized artificial intelligence, or “ASI,” which stands for “artificial superintelligence.” The goal of the partnership was to offer an alternative to the growing control of tech giants over the AI industry.
As of September 2024, ASI is trading at around $1.50 and has a market capitalization of $3.67 billion.
Bittensor (TAO)
Bittensor (TAO) aims to decentralize machine learning and artificial intelligence by creating a marketplace where AI functions as a commodity that can be traded. While some industry experts remain skeptical, calling Bittensor a “meme coin” profiting from the current hype around artificial intelligence, its recent performance indicates growing interest.
As of September 2024, the cryptocurrency is trading at $543 with a market capitalization of $4 billion.
Akash Network (AKT)
Akash Network is a decentralized cloud computing platform that uses blockchain technology to create a marketplace for buying and selling unused computing resources. The network provides access to computing power, offering a more flexible and affordable alternative to traditional cloud providers.
Akash, the first open-source supercloud, gives AI developers access to high-performance computing resources needed to train AI models through FLock.io, a platform for decentralized machine learning. The integration of Akash and FLock.io allows users to easily train AI models on decentralized computing resources.
The native token is AKT, with a market capitalization of $647,054,455 as of September 2024, and it is valued at $2.6.
