AI tokens are digital currency tokens that help or make possible projects, businesses, and services that use artificial intelligence (AI). AI tokens have become more popular and valuable since ChatGPT came out. ChatGPT is an AI chatbot that uses natural language processing to simulate real conversations. The market value of all AI tokens was $1.6 billion as of February 2023.
AI and blockchain are two technologies that could change many businesses and fields. By combining them, AI tokens may provide unique solutions for decentralized AI markets, AI-powered portfolio management, picture production, and more.
What Are AI Tokens?
AI tokens are digital currency tokens that help or make possible projects, businesses, and services that use artificial intelligence (AI). AI tokens have become more popular and valuable since ChatGPT came out. ChatGPT is an AI chat bot that uses natural language processing to simulate real conversations. The market value of all AI tokens was $1.6 billion as of February 2023.
AI tokens are digital currencies that use AI to improve security, user experience, scalability, or other aspects of their systems. Conversely, they may be tokens that power or finance AI-related platforms or initiatives.
Some AI tokens, for instance, employ machine learning to improve network performance or governance. Others create realistic visuals or films using neural networks. Some provide users access to decentralized markets where they may purchase and sell data or computing power for AI applications.
AI tokens may use both the advantages of blockchain technology, such as transparency, immutability, and decentralization, and the advantages of artificial intelligence, such as automation, optimization, and personalization.
Top AI & Big Data Tokens
These are the Top AI & Big Data Tokens by Market Capitalization:
USDVNDJMDAUDBRLCADCZKDKKEURHKDHUFILSINRJPYMYRMXNNOKNZDPHPPLNGBPSEKCHFTWDTHBTRYCNYKRWRUBSGDCLPIDRPKRZARBTC # Name Price Changes 24H Changes 30D Market Cap Volume 24H Available Supply Price Graph (7D) Main AI Crypto Tokens
There are many different types of AI tokens in the crypto market. Here are some examples and use cases for some of them:
The Graph – GRT: Decentralized Data Indexing
What is it?
The Graph is a protocol that allows anyone to create open APIs (called “subgraphs”) for querying data from blockchains. The Graph uses an open network of node operators (called indexers) who process queries using GraphQL and earn GRT tokens as rewards.
Token Utility
GRT is used to pay for queries on the network, stake as an indexer or curator (who show which subgraphs are good), delegate to indexers (who share some of their rewards), and take part in governance.
SingularityNET – AGIX: Decentralized AI Marketplace
What is it?
SingularityNET is a platform that connects AI service providers with customers who need them. SingularityNET enables anyone to create, sell, or use any kind of AI service on a decentralized network of smart contracts.
Token Utility
AGIX is used to pay for AI services on the platform, stake as an agent (who provides an AI service) or a publisher (who creates a request for an AI service), and participate in governance.
Oasis Network – ROSE: Scalable Privacy-Preserving Platform
What is it?
Oasis Network is a blockchain platform that aims to make it possible for decentralized applications (DApps) to do computations in a way that is scalable, secure, and private. Oasis Network has a unique architecture that separates consensus from computation. This allows processing to happen in parallel and makes the network run faster.
Token Utility
ROSE is used to pay fees on the network, stake as a validator (who protects the consensus layer) or a node operator (who runs nodes on the computation layer), and take part in governance.
Render Token – RNDR: Decentralized GPU Rendering Network
What is it?
Render Token is a project that uses distributed GPU computing and blockchain technology to make a decentralized rendering network. With Render Token, anyone with unused GPU power can help with rendering tasks and get RNDR tokens in return.
Token Utility
RNDR is used to pay for rendering services on the network, stake as a node operator (who provides GPU power) or a requester (who submits rendering jobs), and participate in governance.
Fetch.ai – FET: Decentralized Machine Learning Network
What is it?
Fetch.ai is a project that aims to create a decentralized network of autonomous agents that can perform complex tasks using machine learning and multi-agent systems[^8^.]
Fetch.ai enables anyone to deploy agents on its network and interact with other agents or data sources using smart contracts.
Token Utility
FET is used to pay for services on the network, stake as an agent (who provides or consumes services) or a validator (who secures the network), and participate in governance.
Injective – INJ: Decentralized Derivatives Exchange
What is it?
Injective is a protocol that allows anyone to create and trade any kind of derivatives on a fully decentralized and permissionless platform. Injective uses a layer-2 solution based on Tendermint consensus and Cosmos SDK to achieve fast transactions and low fees.
Token Utility
INJ is used to pay for fees on the platform, stake as a validator (who runs nodes on the network) or a delegator (who delegates their tokens to validators), and participate in governance.
Ocean Protocol – OCEAN: Decentralized Data Marketplace
What is it?
Ocean Protocol is a project that aims to unlock the value of data by creating a decentralized data marketplace where anyone can buy or sell data assets. Ocean Protocol uses smart contracts, tokens, and encryption to enable data owners to control their data access and monetize their data without compromising privacy.
Token Utility
OCEAN is used to pay for data services on the marketplace, stake as a provider (who offers data assets) or a consumer (who purchases data assets), and participate in governance.
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