YOU ARE EARLY! Experts expect AI to grow 250% in the next 5 years. A significant part of this growth will flow into crypto. So, a crypto AI gem is a must-have in your blockchain portfolio.
In this article, I will be talking about 3 great crypto AI altcoins. One of these has recently made it to our gem list.
I don’t know if you’ve noticed how much NVIDIA is crushing it in the stock market. But it did a 3x in the last 12 months. 12 months where most of the market in stocks and crypto have not done very much. And why? Because they have the right product at the right time for the right trend.
And what do I mean? GPU chips for AI-based computer processing. Chips that help you render all those pretty images on MidJourney or Stable Diffusion. Like this pic that we use in our airdrop videos. They need computing power. Lots of it. And NVIDIA provides those chips. And guess what? There’s a blockchain version of NVIDIA. Buy, sell, or rent GPUs in a decentralized marketplace. Where can you do that? Akash.
The #AISupercloud is live.
The Akash Mainnet 6 upgrade was successfully completed in just under 6 minutes.
This marks the beginning of a new era for Akash — and a new era for AI development.https://t.co/hBUjIItzYl
— Akash Network (@akashnet_) August 31, 2023
Yet it seems like everyone noticed this was coming and bid up the price of the Akash token, $AKT. It’s up almost as much as NVIDIA. Up 164% in the last 12 months. But guess what? It was up even higher than that. It’s down 36% in the last 30 days and for no reason. Down from $1.60 to 85 cents. This is a great entry point for one of the leading blockchain AI projects.
If you think both AI and blockchain are future technologies, then Akash is a must-have. What are your AI must-haves in your portfolio? Let us know in the comments below.
— Akash Network (@akashnet_) September 18, 2023
2) Openfabric AI
And now we’ve got a new one for you. This is the one I was talking about in the intro. Akash is a secret to very few. But this one, you can get in early. In fact, they have not launched their token yet but it’s expected before the end of the year. This is Openfabric.
Openfabric has the best of all the things we like about AI blockchain projects. It does not have the GPU marketplace that Akash has. But it has A LOT going for it.
A thread 🧵 1/14. pic.twitter.com/EtjkautgpZ
— Openfabric AI (@openfabricai) September 18, 2023
Here’s what it does have:
Openfabric offers lots of apps available like the Apple store for blockchain-based AI. They say it right on their website. The goal is not to build the next ChatGPT. It’s to enable ANYONE to build their own AI applications. It’s an open protocol for builders. Build what you want, Test what you have, and then list what you can sell.
But it’s more than just a marketplace. As an open protocol, it has other tools too.
Need some hardware to test the functionality of your app? Or access to data sets to run a database OR fine-tune an AI model for a specific type of client? Openfabric offers this too.
Custom AI Apps
One other big area where they are active is building apps. Part of their team builds out custom AI apps for you that you can then sell on their marketplace. Or as mentioned before, anyone can use the Openfabric AI infrastructure to ramp up, launch, and deploy their own app right on the protocol. Enter the Openfabric team. They will build it for you.
As I said, this one has not launched yet. Its token, symbol $OFN is ready to list on Seedify, Enjinstarter, and PoolzFinance very soon.
🔥 We're thrilled to unveil another Launchpad partnership:
— Openfabric AI (@openfabricai) August 11, 2023
The team tells us it will be before year-end, hopefully sooner. To me, this one looks A LOT like getting access to Akash BEFORE that 164% runup.
Singularity and its $AGIX token have the biggest AI ecosystem in Web3 so far. Products include:
- A DAO called Singularity DAO.
- Rejuve.AI which uses AI for longevity research so we can live both longer and healthier.
- Nunet for distributed computing power (like Akash does).
- Hypercycle as a fast Layer 1 blockchain for AI apps.
- TrueAGI to help bring generative AI to larger enterprise customers, and more.
CTO Sergey Shalyapin shared an update on our platform and marketplace development progress and highlighted our ongoing work to develop a speech-to-speech assistant for African languages, including low-resource languages:
— SingularityNET (@SingularityNET) September 20, 2023
So you can see that Singularity covers many areas that matter in the link between AI, blockchain, and practical real-world applications.
And how’s the token doing? Not surprisingly, in the last 12 months, AGIX is up 204%. But, like Akash, it was doing EVEN BETTER. It’s down over the last 90 days from 27.5c down to its current 18.4 cents. That’s a drop of over 30%. Again, another great project in the right market with a great entry price right now.
— SingularityNET (@SingularityNET) September 18, 2023
Between these 2 leaders and the up-and-coming Openfabric, your AI blockchain portfolio is going to be ready to crush it in all market conditions as the dependence on AI continues to grow.
Lastly, feel free to check out the upcoming token launch for Openfabric AI.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Openfabric. Copyright Altcoin Buzz Pte Ltd.