9/20/2023 0 Comments Safe moon crypto abbreviationPhala Network is another AI-augmented blockchain platform concerning cloud computing, but with a focus on privacy. It does this by providing participants with credible data, thanks to the indelible nature of blockchain technology.ĭKargo’s native toke, DKA, is currently worth around INR 1.97, down from around INR 53.19 in the winter of 2021. dKargo (DKA)ĭKargo is a blockchain that uses AI to solve trust issues within the logistics sector. It’s currently trading at around INR 1,302.40, down from a peak of around INR 13,004.49 in 2017. Numeraire (NMR) is the native currency of Numerai, facilitating payments within the network. Numerai is an AI blockchain network that acts as a hedge fund, using artificial intelligence and machine learning to make investments in stock markets globally. RLC is currently trading at around INR 128.03, down from an all-time high of around INR 984.90 in October of 2021. RLC is the native cryptocurrency of iExec, and is used to pay for using services on the platform. IExec is an AI blockchain platform that allows users to monetise their computing power, and to access on-demand cloud computing resources. OCEAN currently trades at around INR 19.69, down from its April 2021 peak of around INR 139.82. This might involve making data available to researchers and startups without the data being relinquished by the data holders. ![]() Ocean Protocol is a Ethereum-blockchain-based platform that allows businesses and individuals to exchange and monetise data and data-based services. Its native cryptocurrency, FET, is used to pay for transactions on the network.Īt the time of writing, FET was valued at around INR 18.70, down from its September 2021 peak of around INR 85.64. Fetch.ai is all about automating business tasks such as data processing and trading. Fetch.ai (FET)įetch.ai is an AI and machine learning platform based on the blockchain. Back in January 2018, AGIX peaked at around INR 131.91. Similarly, developers can buy AI solutions and models to use in their applications.ĪGIX is currently worth around INR 13.77. It has an internal marketplace where users can browse and pay for AI services in the platform’s native cryptocurrency – AGIX.ĭevelopers can make money from AI solutions and models without having to fully build apps for end users. SingularityNET is a blockchain platform that allows anyone to build, share and monetise AI services. Its native, Ethereum-based cryptocurrency, GRT, was worth around INR 6.88 at the time of writing, down from its February 2021 peak of around INR 205.68. Indexing blockchain data can be challenging, but The Graph aims to change that by organizing data into smaller “subgraphs”. The Graph is a protocol for indexing and querying data from blockchains in a similar way that Google indexes and queries data from websites. We’ve looked at the 10 biggest AI crypto projects according to their market caps to see how AI is being used within the sector. Users spend tokens in order to use the platforms and the benefits of their integrated artificial intelligence. What’s an AI Cryptocurrency?ĪI cryptocurrencies are tokens that power AI blockchain platforms such as The Graph and SingularityNET. Use cases for AI are effectively limitless, and the technology has found its way into the cryptocurrency space. In both cases, the outputs are close enough to what a real person might create that they could be mistaken for human creation, and these applications are getting increasingly sophisticated. Recent popular examples include AI-generated artwork – where a program interprets user prompts, written in natural language, to create pieces of digital art, and ChatGPT, an application which is able to ‘write’ according to a brief submitted by the user. What is AI?Īrtificial intelligence (AI) is a field of computer science enabling machines to make decisions based on data, increasingly mimicking human intelligence. Huge speculation on cryptocurrencies’ values has led to a boom in both the number and value of assets in the space over the last few years – peaking in November 2021 before crashing in the spring of 2022. Volunteers participate because in doing so they get the opportunity to earn valuable cryptocurrency without having to pay for it. This means records of balances and transactions are’t controlled by banks or payment providers, instead they’re held by people who volunteer to keep track of everything using specialist software. ![]() ![]() They can be spent or traded, but they’re not issued by central banks or stored in traditional financial institutions. What are Cryptocurrencies?Ĭryptocurrencies are a form of digital currency. Buying cryptocurrency is speculative and your capital is at risk, meaning you may lose some or all of your money. The cryptocurrency market is largely unregulated in India, so you will have no protection if something goes wrong. Please invest carefully, your capital is at risk
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