Fetch
"The primary objective of this project is to construct a decentralized machine learning network that is capable of coordinating autonomous agents in the actual world. The company has a market capitalization of over $150 million, and if it is successful, its innovative approach to decentralized artificial intelligence may garner a substantial amount of interest.
Bard was interested in Fetch.ai (FET-USD) because of its artificial intelligence-based use cases that optimize complicated networks. These use cases include DeFi platforms, transportation, energy grids, and travel opportunities. Fetch.ai, on the other hand, has lately seen a significant price increase, leaping from ten cents in the beginning of 2023 to over seventy-one cents at the present time. Is it possible that your ten dollars may be worth ten thousand dollars in the future? Highly unlikely to be exclusively through the purchase of Fetch.ai. However, with the AI craze that is hitting cryptocurrency in addition to this momentum, Fetch.ai could be able to help the cause.
In order to achieve efficiency benefits, such as balancing supply and demand across resources, the model that Fetch.ai uses is based on real-time data, which grounds operations and planning. There is a possibility that the usefulness of optimization solutions such as those offered by Fetch.ai will increase as global systems become more complicated. Given this history, as well as the fact that Bard recognized the significance of artificial intelligence, Fetch.ai appears to be a deliberate addition that has the potential to go up in value, even though $10,000 is a reach.
In order to facilitate the sharing and monetization of users' data, this project intends to establish a data marketplace that is both open and safe. The market capitalization of this company is around $250 million, and the fact that it has the ability to disrupt existing data markets is interesting.
OCEAN
I must confess that I have not previously conducted any study on Ocean Protocol (OCEAN-), which makes this selection much more fascinating. Through the process of allowing owners to tokenize datasets and publish them on its data marketplace, Ocean enables users to gain access to data that was previously inaccessible or stored in silos. This makes it possible for researchers and analysts to make use of trustworthy data while also providing publishers with a just compensation.
In summary, Ocean Protocol is working to cultivate an environment that allows for the prosperous growth of both the supply and demand of data. In light of the fact that the Web 3.0 data economy concept appears to be forward-thinking, it appears to be an excellent notion. The initiative is appealing as a specialized bet on twin megatrends of digitization and data proliferation. This is because data is becoming an increasingly valuable asset on a global scale.
Once more, it appears to be an overly optimistic expectation to anticipate that OCEAN alone will yield 1,000X profits on a $10 investment. But if it is combined with other assets that are spread out over a diverse cryptocurrency portfolio, it has the potential to make a significant contribution to that lofty $10,000 objective over the course of time. This is especially true if the tailwinds around digital data continue to gather momentum.
