Bittime - Crypto assets integrated with artificial intelligence (AI) are increasingly playing an important role in blockchain projects. Cryptocurrencies with AI technology, often referred to as AI tokens , offer investors the opportunity to invest indirectly in blockchain projects that utilize artificial intelligence technology.
According to Coinmarketcap, as of March 2024, the overall market capitalization of AI tokens has reached more than $44 billion. This shows the great interest of investors in this technology.
Top AI tokens in 2024
The Graph (GRT)
Category: Data Indexing and Ranking
The Graph builds the infrastructure for searching and querying data on blockchain networks. AI technology plays an important role in two aspects. First, to index data intelligently by identifying important patterns and relationships between data.
Second, to filter and rank data based on its relevance to the user's query. With AI, The Graph can ensure users find the data they need quickly and accurately.
Injective (INJ)
Category: DeFi (Decentralized Finance) and Exchange
Injective aims to build a sophisticated decentralized finance ( DeFi ) platform with AI integration. AI technology is used to increase trading efficiency with features such as:
- Improved order book: AI can analyze market trends and trader behavior to anticipate price movements and adjust the order book dynamically.
- Smart order routing: AI can search for the best trading routes across DeFi platforms integrated with Injective, so users can get the best price for their order execution.
Additionally, AI is also used to offer a better user experience , for example by providing personalized trading recommendations and an intuitive user interface.
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Oasis Network (ROSE)
Oasis Network focuses on developing decentralized data privacy. The main challenge in data privacy is how to analyze data accurately without compromising its confidentiality. AI technology is used to safely analyze data with techniques such as:
- Federated Learning: AI models can be trained on encrypted distributed data without the need to move the data.
- Secure Multi-Party Computation (SMPC): AI can perform computations on encrypted data together, so that no party can see the original data.
Render (RNDR)
Render is a distributed rendering network that leverages the computing power of users to provide high-quality graphics rendering services. AI plays an important role in:
- Optimal resource allocation: AI can analyze rendering requests and available resources from users to ensure efficient allocation. This helps minimize waiting times and rendering costs.
- Improved rendering quality: AI can be used to optimize the rendering process and produce better quality images.
Fetch.ai (FET)
Category: Agent Autonomy and Web3
Fetch.ai aims to build a blockchain-based network of autonomous agents that can interact with each other and learn from their surroundings. AI technology is at the heart of these autonomous agents . Through AI, agents can:
- Learn and adapt: Agents can analyze data and past experiences to improve their ability to make intelligent and independent decisions.
- Collaborating: Agents can negotiate and cooperate with other agents to achieve common goals.
SingularityNET (AGIX)
Category: Decentralized AI Marketplace
SingularityNET is a platform that enables anyone to share, search, and use AI services. AI technology is used to facilitate matching between providers and users of AI services .
Through AI, SingularityNET can:
- Matching needs with services: AI systems can analyze user needs and the characteristics of the services offered to find the most appropriate solutions.
- Ensure service quality: AI can evaluate the performance of service providers and ensure users get services that meet their expectations.
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Ocean Protocol (OCEAN)
Category: Decentralized Data Economy
Ocean Protocol aims to build a platform for secure and decentralized data exchange. AI technology is used to:
- Filter and analyze data: AI can identify and clean inaccurate or irrelevant data.
- Determining the value of data: AI can help determine the value of data based on quality, rarity, and market demand.
- Create an efficient data marketplace: AI can help connect data buyers and sellers easily and efficiently.
Filecoin (FIL)
Category: Decentralized Storage
Filecoin is a decentralized storage network that allows users to store their data securely and efficiently. AI technology is used to:
- Improve storage efficiency: AI can optimize data compression algorithms and storage techniques to minimize required storage space.
- Improve data security: AI can detect and prevent suspicious activity that could compromise data security.
Investing in AI tokens has the potential for huge profits, but it still comes with risks. The cryptocurrency market is still volatile and AI technology is still in the development stage. Before investing, it is important to conduct in-depth research and analysis of each AI project and token.
Factors to Consider Before Investing in AI Tokens
- Development team: Make sure the development team has relevant experience and expertise in the fields of AI and blockchain.
- Technology: Understand the AI technology used by the project and how it can be applied in blockchain.
- Roadmap: Check the project roadmap to see the development plan and targets to be achieved.
- Community: Look at how active the community is supporting the project and how involved they are in its development.
- Market cap: Consider the token's market capitalization and its trading volume.
Investing in AI tokens has the potential for huge profits, but it still comes with risks. The cryptocurrency market is still volatile and AI technology is still in the development stage. Before investing, it is important to conduct in-depth research and analysis of each AI project and token.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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