The next bullrun is going to make you rich if you know the secret of how to spot it. And the biggest narrative of next bullrun is going to be Crypto AI tokens. All the AI tokens have made some crazy gains in this volatile market.
But I know most of these tokens are pure hype and will eventually fail. I am interested only in high potential Crypto AI opportunities. And that is why me and my research team picked up 5 high potential Crypto AI tokens to invest in. In this article, I am sharing my picks with you. Lets get going!
AI Token 1 : Fetch.ai (FET)
The first on our list today is Fetch.ai. Over the next 2 weeks the team is going to make big announcements and first one came out today with it raising $40 million investment. Fetch.ai decentralizes artificial intelligence and machine learning. It supports the growth of the digital world with the least amount of human interference.
The platform provides programmers with the resources they need to build autonomous agents. These agents can communicate with the network and improve different areas such as,
- Supply chains.
- Smart homes, and other sectors.
Fetch.ai leverages a global network of data to get things done. Its network includes a decentralized economy comprising:
- Services, and digital assets.
All these can work together to identify, negotiate and carry out services. This makes it possible to allocate resources effectively in an unreliable environment. It does this without the need for middlemen. It’s all automated and decentralized.
Fetch.ai’s AI-driven technology makes a difference for creators. Users can create elaborate economic models. Fetch.ai’s tech can also improve operations and cut expenses. Fetch.ai is laying the groundwork for an autonomous agent-powered digital economy.
Ready to explore the Agentverse? 🚀
This #web3 virtual hub allows you to create your own autonomous agent, regardless of your technical expertise. 🤖
— Fetch.ai (@Fetch_ai) March 30, 2023
At the time of writing this article. FET, the native token of Fetch.ai, has a market cap of around $380.64 million according to Coinmarketcap. So, this project has some cool use cases. And if AI pops as I expect, then Fetch.ai might be one of the gainers.
AI Token 2: SingularityNet (AGIX)
Now, this is one of my favorite AI projects. SingularityNet already has about 60% of its token, $AGIX in circulation. But what I find more interesting isn’t just the numbers but its use cases and massive potential. SingularityNET is a blockchain-based AI marketplace. Anyone can “create, share, and monetize” AI services with ease.
Anybody can use the SingularityNET marketplace to buy different AI services. They only have to use the platform’s native utility token, AGIX. Interestingly, the marketplace works like a regular outlet. So, AI developers can publish and sell their AI tools. Now, here’s why this project is special.
Marketplaces for services tend to perform pretty well. That is if the product gets huge demand. Platforms like Fiverr are huge examples of how well marketplaces tend to perform. So, SingularityNet is Fiverr for AI and that has a massive future.
Let me show you something crazy about this platform. In 2017 SingularityNet’s ICO sold about $36 million in ONE minute. Now, that’s fast. And it tells you that investors have had their eyes on this project for more than 5 years. And ChatGPT could be the springboard this AI project needs to boom.
#SingularityNET is bootstrapping an ecosystem of projects across multiple industry verticals that will drive platform growth and token utilization: #DeFi, #Robotics, Biotech & Longevity, #Gaming & Media, Entertainment, Enterprise-level #AI.
— SingularityNET (@SingularityNET) February 5, 2023
SingularitNet’s goal is simple. They want to ensure AI services are easy to develop. They also want to help integrate AI into applications. So, developers will stake their future on this platform. Because it lets them monetize their craft. It also offers them the advantage of having a wide variety of AI algorithms and data sources.
Have you used ChatGPT? Any other AI tools? What did you think of them? Let us know in the comments below.
AI Token 3: Oraichain (ORAI)
OraiChain is pretty popular. It is the world’s first intelligent and secure solution for emerging Web3. It also focuses on scalable Dapps, and decentralized AI. So, OraiChain operates on an AI layer 1 protocol. It has high interoperability, meaning it’s easy to connect to many different chains.
— Oraichain (@oraichain) December 15, 2022
Oraichain focuses on the aggregation and connection of smart contracts and AI APIs that has six features as its focus:
- AI marketplace
- AI ecosystem
- Staking and earning
- Test cases
- Orai DAO
Oraichain allows the development of smart contracts. These smart contracts can make use of AI models. Orachain’s approach looks like Chainlink or the Band Protocol. But that’s far from it. Oraichain places a greater emphasis on the quality of the AI models and AI APIs.
𝐎𝐑𝐀𝐂𝐋𝐄 𝐒𝐎𝐋𝐔𝐓𝐈𝐎𝐍 𝐅𝐎𝐑 𝐓𝐑𝐔𝐒𝐓𝐖𝐎𝐑𝐓𝐇𝐘 𝐀𝐈 𝐒𝐘𝐒𝐓𝐄𝐌
— Oraichain (@oraichain) March 23, 2023
Each user request comes with a set of test cases attached. And the provider API needs to pass a certain amount of test cases to receive payment. Oraichain is also different from other solutions. Here, validators control the test case features and the quality of the AI models. Here are some of the AI-powered use cases of Oraichain:
- Fake news detection
- Yield farming
- Flexible smart contracts and face authentication.
This project has huge potential.
AI Token 4: The Graph (GRT)
Our first token, the Graph is one we believe has huge potential. GRT, it’s native token, is also a part of our 50X monthly portfolio. This project has a single goal: to make blockchain data more easily accessible. The Graph is a decentralized, open-source protocol. It uses distributed ledger technology to aggregate data without involving third parties.
Paying for queries on The Graph Network is now as easy as swiping a credit card! 💳
You asked for an easier way to use The Graph & The Graph’s core devs listened.
— The Graph (@graphprotocol) March 23, 2023
The Graph represents a global API for organizing, indexing, and querying data. This data is processed and made available using the GraphQL programming language.
The Graph indexes and queries data the way Google does from websites. Indexing blockchain data isn’t always an easy task. But the Graph has a unique approach that simplifies it. The Graph uses AI to organize data into smaller ‘subgraphs’ for efficient querying.
Subgraphs are open APIs. They have the details of how data is indexed on the blockchain. The Graph was launched in 2018 by Brandon Ramirez, Yaniv Tal, and Jannis Pohlmann. However, the project’s token was released during its mainnet launch in 2020. So, The Graph currently supports data retrieval for 31 Ethereum-based DApps. This includes:
The Graph Use Cases
Here are some services that can be accessed using the Graph:
- Secured and decentralized data access
- Seamless curation for AI models, data, machine learning, and AI algorithms.
- Facilitation of AI-powered DApps
The subgraph for @Alpha_HomoraV2 is live on The Graph’s decentralized network 🌐
— The Graph (@graphprotocol) March 30, 2023
What is the GRT token?
The GRT token is the Graph’s native token. The Graph uses the ERC-20 token standard since it is based on the Ethereum blockchain. It’s experienced impressive growth at the start of the year. And I’m going to tell you why in a minute.
Data from IntotheBlock, a crypto research firm, show something impressive.More $GRT tokens are leaving exchanges than those transferred from wallets. This is within a 1-week period. This indicates:
- An increase in HODL positions.
- More buying pressure.
So back to our question. Why are people buying GRT? And what does it do? GRT has utility within The Graph’s ecosystem. It is mainly used for the payment of fees. The Graph charges a fee for queries.
GRT’s increased sales aren’t all down to its utility. The Graph collects an increased amount of data. It also makes these data available to users. So, there’s been more demand for the platform’s services.
The use of GRT is likely to grow as The Graph continues to broaden its networks and collaborate with more DApps. Decentralized platforms are also becoming more popular. This is because they offer greater transparency than centralized services. As of this video, GRT trades at $0.1435. We’ve got other amazing projects in this article. So, stay put!
AI Token 5 Oasis Network (ROSE)
Oasis is a layer 1 blockchain that places a high value on scalability and privacy. This blockchain enables developers to create privacy-focused applications. It separates the execution of smart contracts from the consensus mechanism process. It also offers a safe design with high throughput at a low cost.
Oasis Labs, is behind the Oasis Network. The Oasis Labs was founded by professor Dawn Song and aims to offer infrastructure for scaling apps. This way, it powers a variety of Web 3 applications that builds DeFi apps and cross-chain interoperability.
Users can move apps like Uniswap from Ethereum to the Oasis blockchain. This is thanks to the network’s backward compatibility with the Ethereum blockchain.
Oasis and Privacy
The Oasis Network heavily focuses on privacy. As we know, privacy is a big deal. Oasis addresses the privacy issues posed by AI. Privacy isn’t one of AI’s best features. But Oasis leverages the resources of its partners and its infrastructure. And provides privacy-based solutions. In a nutshell, Oasis is focused on offering Web3 a privacy layer. It also enhances the confidentiality of existing dApps on any EVM network.
We've made adding privacy to existing dApps on any EVM chain seamless for devs ✨and✨ end-users
Join us in an overview of how we're scaling privacy in web3 with the Oasis Privacy Layer
Featuring a use-case demo for DAOs and an integration tutorial 👇https://t.co/zxRsuQgGgo
— Oasis Network (@OasisProtocol) March 14, 2023
Why Oasis could Trend
We all know there’s a lot of hype around AI right now. But AI could be risky if it violates users’ privacy. And provide false information. That’s what Oasis intends to fix. Oasis plans to solve the possible privacy challenges of AI. This way, AI becomes more ethical and safe.
The bet on Oasis is that lots of developers are going to use this platform for its privacy features. The bigger the crowd, the more value $ROSE gets. ROSE is the native token of the Oasis network. It is used for transactions, staking, and delegation. As of this video, ROSE trades at $0.060649.
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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 Fetch AI. Copyright Altcoin Buzz Pte Ltd.