Although AI burst into our everyday lives some time ago, the recognition of ChatGPT, the chatbot evolved through OpenAI and wherein Microsoft has simply invested vast sums of cash, has put AI within the highlight.
In the cryptocurrency industry, AI can contribute significantly to transaction transparency and privacy, as well as to the optimization of applications and protocols and decentralization.
1. The Graph (GRT)
The Graph is an indexing protocol created by Yaniv Tal, project leader, to query data on the Ethereum blockchain and the interplanetary file system (IPFS).
Among the advantages listed by this protocol is the ability to create and publish open APIs to facilitate data access.
The Graph’s open APIs, called subgraphs, allows data to be transformed, organized and shared between Web applications3. In order to ensure that anyone can query data with just a few clicks, the following APIs are available
According to data from cryptocurrency price monitoring platform CoinMarketCap, The Graph’s native token, GRT, rose more than 20% this week.
GRT’s price reached $0.092 and maintains a market cap of $812.4 million. The Graph is the leading artificial intelligence-focused cryptocurrency project by market value.
2. Ocean Protocol (Ocean)
Ocean Protocol is a blockchain project that facilitates the secure exchange and monetization of data. On its website, it is presented as a next-generation tool designed to unlock the value of data on a large scale.
Ocean Protocol allows developers to build a wide range of protocols and applications, ranging from blockchain marketplaces to decentralized, NFT services and more.
With a marketplace cap of $220 million, Ocean Protocol’s local token, OCEAN, is located as the 0.33 largest AI token. OCEAN is really worth $0.36 at the time of this writing, showing 225% 12 months-to-date growth.
3. iExec (RLC)
Its main goal is to connect resource providers with resource users, to make room for the construction and development of the next generation of the Internet: Web3.
The RLC token, from iExec, is currently trading above $1.69 per unit. In the closing week, the charge of this token has seen a growth of just about 9%. By market capitalization, $136 million, RLC is the fifth largest AI token available on the market.
4. SingularityNET (AGIX)
SingularityNET is a network of decentralized AI services powered by the Ethereum blockchain. This network is designed to allow anyone to monetize AI and Web3 services, thus functioning as a decentralized AI marketplace platform.
Through this platform, its creators need to facilitate access to AI offerings, at same time as supplying developers with innovative equipment to create new programs or put into effect custom algorithms that upload to the blockchain atmosphere.
The AGIX token, SingularityNET’s utility token is one of the highest-performing tokens so far in 2023. According to CoinMarketCap data, AGIX appreciated 400% in January from trading above $0.045 to over $0.18 today. AGIX’s market capitalization is $215 million.
5. Fetch.ai (FET)
Fetch.ai is a blockchain network developed to provide dapps with automation and artificial intelligence capabilities that optimize their design and operation.
The Fetch network went live in 2019 as an Initial Exchange Offering on the Binance blockchain. On its website, Fetch.ai notes that it functions as a layer 1 network for Ethereum, while for other blockchains it serves as an interchain bridge where developers can create new platforms and services focused on artificial intelligence.
Year-to-date, the FET token, native to Fetch.ai, grew by nearly 300%, trading at the time of writing at $0.27 per unit. FET’s market capitalization is $222.5 million.
6. Numerai (NMR)
Built on the Ethereum blockchain, Numerai is a stock market prediction platform in which developers can create models with the use of Python scripts.
This blockchain platform powers the NMR token, presently the 7th biggest artificial intelligence token in the crypto marketplace.
NMR trades at $16.Eight, a fee that locations it as the very best unit value AI token within the Top 10.
However, its marketplace cap stands at $ninety nine million at the time of writing.
The NMR token serves to praise builders who forecast upcoming marketplace movements with their predictive models.
7. Covalent (CQT)
Covalent is a blockchain protocol that gives a unified API capable of supplying visibility into billions of Web3 record points.
This protocol has the vision of empowering Web3 users and pioneers through a robust blockchain data infrastructure.
Among the possibilities it offers are the creation of crypto wallets, NFT galleries, DeFi projects, GameFi, and the creation of custom DAps to suit every need.
With a weekly growth of 16%, the price of CQT, Covalent’s native token, trades above $0.119 per unit. As the tenth token on this list, CQT’s market capitalization is $55 million.
8. Phala Network (PHA)
Phala Network is considered the first confidential smart contract built on Polkadot using the Substrate framework.
It is a blockchain protocol designed to enhance privacy on Web3.
Phala Network offers a high level of performance, low latency, and data confidentiality.
This protocol won one of the parachain auctions on the Polkadot network, being implemented as a cloud computing service that preserves privacy within this blockchain.
The native token, PHA, trades at $0.15. Its weekly growth has been 22%, driven by its potential and development within the Polkadot ecosystem. Its market capitalization is $69.7 million,
9. dKargo (DKA)
dKargo is a blockchain protocol centered on solving believe troubles in the logistics industry.
This protocol operates at the Ethereum blockchain and makes use of artificial intelligence to offer an open and optimized logistics platform capable of improving the relationship and relationship among members.
Thanks to blockchain technology, token economy, and Web3, dKargo can create a collaborative-based logistics network that was considered impossible in the existing logistics industry.
Its utility token, DKA, is currently the eighth-largest AI token by market capitalization, with a total value of $93.4 million. DKA was trading at $0.039 at press time.
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