It is a type of digital currency. It can be consumed or negotiated, but it is not issued by central banks or retained in financial institutions. It enables transactions without involving central banks or financial institutions. It is a symbol designed for creating AI cryptocurrencies like The Graph, SingularityNET, etc. Individuals can participate in transactions on these platforms and acquire rewards for participating in the network with the help of AI cryptocurrencies. It can enhance traders decision-making process, resulting in more informed and potentially more profitable trades. AI-based cryptos are known for their enhanced capability for returns compared to traditional cryptocurrencies. The networks of cryptocurrency plans often include artificial intelligence technology to affect their benefits.
1. The Graph (GRT)
It is an open-source and decentralized protocol that focuses on challenging and indexing data from cryptocurrencies data. This protocol is a different system created to index and search data from blockchains, like how Google gauges web data. It differentiates cryptocurrency information into smaller subgraphs for more obtainable information recovery. The natural cryptocurrency, GRT, powers transactions on the network. A crucial feature of The Graph project is its capability to remove reliance on centralized data servers by considering a dishonest and unauthorized infrastructure. It grants permission to developers to develop solid and decentralized applications while maintaining security and transparency. The protocol is compatible with various other contract programs. The Graph has plans to expand compatibility with different blockchains. This cross-chain integration enhanced the utility and potential of The Graph protocol within the wider cryptocurrency environment.
2. Numeraire (NMR)
It is a unique and innovative cryptocurrency project that affects decentralized intelligence to increase financial models with better skill and ability. It was launched in 2017 by Hedge Fund Numerai. The action attempts to delegate a collaborative platform operated by the community, enabling data scientists globally to create and improve predictive financial models using artificial intelligence and machine learning methods. It serves as an AI-powered cryptocurrency network. It works as a bond fund that uses machine learning for investments in the global stock market. It plays a vital role in developing transactions and productive data scientists in the network.
3. Cortex (CTXC)
Cortex (CTXC) is a scatter crypto project that gives direction to build an incredible artificial intelligence (AI) platform on the blockchain. It was launched in 2018, and Cortex enterprises focused on creating transparency. It is an open-source environment for developers and users to generate, share, and utilize AI models and algorithms. The main object of the project is to use cryptocurrency technology to transmit access to AI. It encourages collaboration among AI enthusiasts around the world. Cortex allows users to upload and run AI models, flawlessly integrating AI into outstanding contracts and decentralized applications (DApps) with its unique and innovative cryptocurrency platform. It is the projects native cryptocurrency that promotes transactions and the classification of AI models.
4. iExec RLC (RLC)
iExec is a distinct and exclusive AI cryptocurrency platform which provides users with the ability to access computing power and leverage demand-side cloud computing resources. It is the native cryptocurrency used for transactions and resource utilization. iExec RLC is an advanced and developed decentralized project focused on creating a distributed cloud computing platform accomplished by cryptocurrency technology. It was established in April 2017. This AI cryptocurrency aims to create a secure, robust, and reachable marketplace where users are able to rent or pool computing resources icluding processing power and storage. iExec RLC opens up access to cloud computing services with decentralized infrastructure, advancing innovation and efficiency within the industry.
5. Fetch.ai (FET)
AI and machine learning are used to examine and operate business operations in the data field processing and trading space. It deals as the native digital currency, promoting transactions and supporting active participation within the network. It is an open-source action that combines cryptocurrency with artificial intelligence and machine learning to maintain a flexible and efficient digital economy. Launched in 2017, it was directed to transform numerous sectors by providing tasks, improving resources, and offering new economic opportunities. The project apprehends and envisages a network of autonomous economic agents (AEAs) that can interact and transact with minimum human interference, resulting in a more intelligent and efficient digital ecosystem. It can be applied to various industries and sectors like transportation, healthcare, and energy. For instance, it could enhance transportation routes to minimize traffic congestion and improve operational productivity and efficiency for logistics companies.
6. SingularityNET (AGIX)
SingularityNET is a decentralized, open-source platform that directs users to use and explore the development, sharing, distribution, and construction of AI services. By using its internal marketplace and AGIX, its native cryptocurrency, users can purchase a wide range of AI offerings. It is an open-source protocol that creates a global network dedicated to artificial intelligence services. It was introduced in 2017. The project’s primary goal is to enabling businesses and individuals to use and work together seamlessly on AI solutions. SingularityNET uses cryptocurrency to connect and trade AI services between providers and users in a secure, open, transparent and efficient way. It has wide range of applications to different industries and sectors, such as healthcare, finance, entertainment, and more.
7. Ocean Protocol (OCEAN)
Ocean Protocol is a platform developed on Ethereum. It directs individuals and businesses to exchange, share, distribute, and build data and data-based services carefully. The OCEAN cryptocurrency stimulates smooth transactions within the ecosystem. It is an open-source project that struggles to unlock all data by designing a secure, strong, and transparent data exchange platform. It allows individuals, and institutions to distribute, share, and acquire valuable data while preserving privacy. However, it supports the participation, sharing, and management of high-quality datasets. It is a decentralized, open-source project that seeks to unlock the full power of data by developing a strong, solid, and transparent data exchange platform. It allows users to share and gain access to valuable important data while protecting privacy and supporting the creation, development and maintenance of top-notch datasets and high-quality datasets.
