Artificial intelligence (AI) has become common as it is used in all sectors of the economy currently. AI has also become an integral part of crypto, with several crypto projects integrating the technology in their development.
The combination of blockchain and AI technologies has proven to be a strong one, as many industries now incorporate this combination to make progress.
AI crypto tokens are tokens that power Ai-related blockchain projects, and they are becoming more popular by the day because of the massive importance these projects have.
AI-driven crypto projects include AI marketplaces, AI-enhanced trading platforms, AI-driven decentralized organizations, and many more.
They may also be tokens that support projects that are purely AI projects without necessarily harnessing blockchain technology.
In this guide, we list some of the top promising AI-related projects that have potential in 2024 and could be good buys for investors.
Injective is a Layer 1 blockchain that is used for building finance-related decentralized applications (Dapps) for web3.
The project harnesses AI technology together with a high-performance on-chain decentralized exchange (DEX) infrastructure, it also has bridges, oracles, and a smart contract layer, which makes it a complete finance dApp development kit.
The platform facilitates multi-chain token swaps, margin trading, and forex futures trading, giving users the options to carry out these important activities on their favorite blockchains.
Dapps built on Injective can seamlessly integrate with other blockchains like Ethereum, Cosmos, and Solana, enhancing cross-chain interoperability.
Being the native token for the ecosystem, INJ is used as a governance token, for validating transactions on the network, as well as incentives for developers. Some of the dapps on Injective include Exotic Markets, Helix, Neptune, Hydro Protocol etc.
Oasis Network (ROSE)
Oasis Network is another Layer 1 blockchain network that focuses on open finance and responsible data economy. The network is used to build open finance dapps with privacy and fairness in mind.
The network’s primary aim is to give users control over their data and monetize it if they so wish. Though a proof-of-stake (PoS) network, Oasis Network is built uniquely to enable the creation of privacy-focused apps at a low cost.
Oasis Network has also been collaborating with AI leaders to ensure that the technology develops with the principles of privacy, fairness, and transparency as top priorities.
The project’s native token, ROSE is used to pay transaction fees, for staking, and delegation on the network.
Fetch.AI is an AI and machine learning (ML) platform that leverages blockchain technology. The project enables users to develop and deploy AI agents for apps related to decentralized finance (DeFi), transportation, energy management, and other business tasks.
Users can then monetize their AI agents using Autonomous Economic Agents (AEAs). These are intelligent agents that act on their owners’ behalf, with limited or no interference, in order to generate economic value for its owner.
The AEAs communicate using a common language and can be managed through a web interface. The native currency, FET, is used to pay for transactions on the network.
Ocean Protocol (OCEAN)
Ocean Protocol is an Ethereum-based protocol that focuses on data exchange and monetization. It enables users to exchange and monetize data and data-based services to foster a more efficient AI ecosystem.
Users can sell their data on a decentralized platform at a fair price. The platform also makes it possible to access datasets that were previously difficult to obtain.
OCEAN, the native token is used for data trading on the platform, governance, and data curating through staking.
Render Network (RNDR)
Render is a decentralized blockchain network that uses unused computing power from crypto miners willing to rent out their graphics processing units (GPUs).
It connects GPU providers with creators, allowing artists to leverage the unused GPU cycles for tasks like rendering and streaming digital content, including visual effects, virtual assets, and AI projects.
RNDR which is the native token for the network is used to incentivize GPU providers, which ensures fair remuneration.