Artificial intelligence and blockchain are two of the most transformative technologies of our time. As AI continues to evolve and advance, more projects are exploring how it can be combined with blockchain technology and cryptocurrencies.
In this article, we will dive into the exciting world of AI crypto. You will discover how artificial intelligence is being applied to cryptocurrencies and crypto projects. From automated trading to security to data analytics, AI is enhancing many aspects of blockchain’s potential.
We will also overview some of the top AI-powered crypto coins and platforms leading innovation in the space. Learn about the real-world problems these projects are looking to solve with the fusion of AI and crypto.
Finally, we will look at what the future holds for AI cryptocurrencies. How will machine learning shape the next generation of the blockchain ecosystem? What emerging trends show the most promise in this intersection?
By the end of this article, you will have a solid understanding of the growing role artificial intelligence plays in the crypto sector. The melding of AI and blockchain holds enormous opportunity to transform finance, technology, and potentially many industries.
| Crypto | Description | Use Cases | Native Token |
|---|---|---|---|
| SingularityNET (AGIX) | Decentralized marketplace for AI services | AI-as-a-service, AI cloud computing | AGIX |
| Fetch.ai (FET) | AI-powered blockchain for machine learning | Smart infrastructure, supply chains, healthcare | FET |
| Numeraire (NMR) | Applies AI to hedge fund modeling and trading | Asset management, investment analytics | NMR |
| Matrix AI Network (MAN) | Leverages AI to optimize blockchain networks | Smart contracts, faster transactions, security | MAN |
| Vidy (VIDY) | Uses NLP and ML for decentralized video ads | Digital advertising, media content | VIDY |
| Effect.ai (EFX) | Building a network for AI development and services | Cloud computing, microtasks, algorithms | EFX |
| DeepBrain Chain (DBC) | Decentralized neural network computing platform | Affordable AI processing power | DBC |
| SingularityDAO (SDAO) | Invests in AI, robotics and exponential tech | Venture investing, AI governance | SDAO |
| NetKoin (NTK) | AI-powered decentralized video platform | Video compression, recommendations | NTK |
| Doc.ai (DAI) | Applies AI and NLP to precision medicine | Diagnostics, genomics, biomedical data | DAI |
SingularityNET (AGIX) – Leading decentralized marketplace for AI services.
- Founded in 2017 by AI researchers to build a decentralized AI marketplace platform.
- Uses blockchain to enable AI services to be easily integrated into smart contracts/apps.
- AGIX is the native token that powers transactions on the network.
- Over 50 AI services available covering areas like biomedical, data analytics, robotics.
- Key partners include Cardano, Ocean Protocol, Dent AI.
- Roadmap includes growing developer/enterprise adoption, trust mechanisms, and AI research.
- Future plans to evolve into a “decentralized AI organism” with automated growth through AI agents.
- If successful, could become the premier protocol for AI-as-a-service and push mainstream decentralized AI.
Fetch.ai (FET) – Ambitious AI-based blockchain project aiming to deliver AI to various industries.
- UK-based project launched in 2018 to build an AI-powered blockchain for various industries.
- Leverages machine learning, multi-agent systems and natural language processing.
- Looking to deliver AI solutions tailored to smart cities, supply chain, healthcare, travel etc.
- Has built a high-performance blockchain optimized for secure AI data sharing.
- FET is the utility token used to reward contributors and pay for services.
- Partnered with travel giant TUI, smart cities in Mexico, and Audi’s Thinktank.
- Roadmap involves launching a decentralized exchange, optimized hardware, and a smart ledger.
- Aims to be the leading AI network powering the machine-driven economy of the future.
Numeraire (NMR) – Uses AI for hedge fund data modeling and machine learning.
- Founded in 2017 and backed by hedge fund Numerai to apply AI to financial modeling.
- Uses machine learning algorithms to generate trading signals for asset managers and funds.
- NMR is an ERC-20 token used to incentivize data scientists contributing models and algorithms.
- Models that perform well can be rewarded with NMR by staking it on predictions.
- Aims to tap the power of global data science talent to build better predictive AI models.
- Partners include prominent funds like Renaissance Technologies and asset managers.
- Future roadmap includes more data sources, networking effects, and model verification tools.
- If successful, NMR could be a blueprint for blockchain-based AI crowdsourcing.
Matrix AI Network (MAN) – Leverages AI to make blockchain networks smarter, faster and more flexible.
- Launched in 2017 to utilize AI to enhance blockchain performance.
- Leverages natural language processing and machine learning algorithms.
- Looking to enable faster transactions, smarter contracts, better security, and optimal networks.
- AI semantic analysis engine and mining operations are key innovations.
- MAN is the native token used to pay for processing power and network services.
- Key partners include OneBank and the China Unicom IoT arm.
- Roadmap entails mining innovations, developer tools, mobile apps, and enterprise solutions.
- Aims to be the premier platform for intelligent blockchain networks.
Vidy (VIDY) – Uses NLP and machine learning for decentralized video advertising. Unique use case.
- Founded in 2017 to apply AI and NLP for decentralized video advertising.
- Browser extension replaces banner ads with shorter, targeted video ads using machine learning.
- Relies on user engagement and attention to reward ad viewing with VIDY tokens.
- Looking to disrupt digital advertising industry with better targeting and fair incentives.
- Is already partnered with top publishers like CNN and has backing from prominent crypto VCs.
- Vision includes integration with YouTube, Twitch, in-video shoppable ads, and user opt-in rewards.
- If successful, could reshape online ads and enable fairer video monetization models.
Effect.ai (EFX) – Building a network for AI development, services, cloud computing and microtasks.
- Founded in 2017 to build a decentralized network for AI development and services.
- Aims to provide infrastructure for AI training, cloud computing, microtasks and algorithms.
- Effect Force is its decentralized mechanical turk marketplace for AI data collection.
- EFX token incentivizes developers, workers, and companies to contribute to the network.
- Key partners include Piper Capital and Libertus Capital.
- Roadmap involves optimized architecture for AI workflows, privacy tools, andEffect Smart Market.
- If successful, could become a hub for AI development and services on blockchain.
DeepBrain Chain (DBC) – Decentralized neural network computing platform for lower cost AI processing.
- Launched in 2017 to build a decentralized AI computing platform.
- Aims to lower the cost of AI processing and data privacy through blockchain.
- Users can rent out excess computing power and get paid in DBC tokens.
- Machine learning models and algorithms are key areas it focuses on.
- Partners include NVIDIA, Microsoft, and IBM to leverage GPU/cloud infrastructure.
- Roadmap includes developer tools, computing optimizations, and enterprise solutions.
- Positioned to be a major hub for affordable and private AI computations.
SingularityDAO (SDAO) – Invests in AI, robotics, biometrics and other exponential technologies.
- Founded in 2021 as a decentralized VC fund focused on AI companies.
- Invests in startups working on AI, robotics, biometrics, longevity and other technologies.
- Backed by prominent AI safety researchers and groups.
- SDAO is governance token allowing holders to guide investment decisions.
- Portfolio includes AI drug discovery, quantum computing, autonomous vehicles, etc.
- Aims to identify and fund beneficial AI companies to drive responsible innovation.
- If successful, could be integral in guiding AI progress for positive social impacts.
NetKoin (NTK) – Video streaming platform utilizing neural networks and nano AI tech.
- Launched in 2018 as a cryptocurrency powering a decentralized video sharing platform.
- Uses AI and neural networks for video compression, recommendations, and filtering.
- Aims to provide censorship-resistant video infrastructure with fair monetization.
- NTK is used to incentivize users, moderators, and developers on the network.
- Roadmap includes mobile apps, VR support, live streaming, and localized content.
- Partnerships include video analytics firms and marketing companies.
- If successful, could evolve into a leading blockchain video network with intelligent features.
Doc.ai (DAI) – Using natural language AI and blockchain for precision medicine and healthcare.
- Founded in 2017 to apply natural language AI to precision medicine on the blockchain.
- Users can chat in natural language to get insights about health conditions.
- Leverages machine learning and neural networks to identify health patterns.
- Building decentralized datasets for biomedical research and collaboration.
- DAI token aligns incentives between data providers, consumers and validators.
- Key partners include Roche, Deloitte, and various research institutions.
- Future plans involve diagnostic tools, genomic analytics, and consumer wearables.
- Well-positioned to blend AI, blockchain and data to transform precision medicine.
Conclusion
The growing world of AI crypto projects represents an exciting intersection of blockchain technology and artificial intelligence. As this field continues maturing, we are seeing AI and machine learning applied to cryptocurrencies and decentralized networks in innovative ways.
From facilitating AI processing power to enabling intelligent analytics to powering blockchain optimizations, the combination of these technologies unlocks immense possibilities. Leading projects like SingularityNET, Numeraire, Fetch.ai, Vidy, and others outlined in this article are pioneering real-world applications that can shape the future.
The benefits of integrating AI with crypto include automated smart contracts, improved predictive modeling, stronger security, transparent decentralized data, and countless other use cases we are just beginning to discover. While adoption is still early, the rate of advancement in the space points to a bright future.
As more resources are devoted to researching and developing these technologies, we can expect their transformative impact across industries like finance, data analytics, computing, media, medicine and more. The melding of AI and blockchain gives us tools to solve problems previously out of reach.
With responsible implementation, companies in this arena have the potential to profoundly change economies, businesses and society for the better. The extent of this technological shift will reveal itself in time. But the seeds being planted today in AI crypto innovation are poised to grow into something much bigger.
