$NEAR
🤖 Grayscale Establishes 'AI Cryptocurrency Sector' | AI Crypto Increases 366% Compared to Q1/2023
According to PANews, Grayscale officially announces the “AI Cryptocurrency sector” as the sixth classification standard in the crypto investment system, comprising 20 tokens with a total market capitalization of 21 billion USD – an increase of +366% compared to Q1/2023.
🔍 Three main subgroups in the AI Crypto sector:
AI Platforms
→ Led by Bittensor (TAO) and NEAR, providing infrastructure for decentralized AI development.
AI Tools & Resources
→ Including Grass (data collection) and Akash (market for distributed computing power).
AI Applications & Agents
→ Initiatives like Virtuals (automated AI agents) and Worldcoin (identity verification).
📈 Growth potential & notable facts:
The AI sector currently only accounts for 0.67% of the crypto market capitalization, but the potential is extremely large.
Bittensor is about to undergo its first token deflation this year. Since the subnet upgrade in February, staking has exceeded 7% of the circulating supply.
The Grass project reports annual revenue in the tens of millions of USD, driving the wave of Web3 AI commercialization.
🧠 Why is it noteworthy?
Grayscale is actively expanding investments with products like the Bittensor Trust, betting on the combination of AI + blockchain to reduce governance risks, promote transparency, and automation.
As the stablecoin regulatory framework is completed, the payment infrastructure for crypto-native AI agents will become more robust than ever.
🤖 “Grayscale names the AI Crypto sector with Bittensor, NEAR, Grass leading. Have you joined yet?”
👉 Which AI token do you think will lead the next wave of growth? Comment below!