The New Year is calling for New plans and I was looking into some AI coins that I could invest in, They are currently in trend and I have had my eye on some of them.
For anyone who isn’t in tune with the definition of AI Coins here is a quoted generated response,
“AIcoins is a term used to describe cryptocurrencies or tokens associated with artificial intelligence (AI) projects. These are digital currencies linked to AI platforms, tools, or ecosystems that aim to leverage AI technologies to solve problems, enhance functionalities, or create new economic models.
While there isn’t a standardized definition for “AIcoins,” they often represent tokens that power AI-driven projects or have AI features built into their ecosystems. Here’s a list of some AI-related coins that have been prominent in the market, though it’s important to conduct your own research before making any investment decisions.”
Now let’s get to my current picks and considerations on which coins to choose from;
1. SingularityNET (AGIX)
SingularityNET is a decentralized AI network that allows anyone to create, share, and monetize AI services at scale. Its token, AGIX, powers the ecosystem and enables access to AI solutions.
•Why I consider it?
The platform’s vision is to democratize AI development, making it accessible to a global community of developers and users. SingularityNET aims to create a decentralized AI system that learns and evolves by collaborating with global data.
2. ASI (formerly Fetch.ai)
ASI (formerly Fetch.ai) is an AI-powered blockchain platform that enables autonomous “agents” to perform tasks on behalf of users. These agents operate within a decentralized network, optimizing real-world systems across industries like energy, finance, and logistics. ASI is focused on developing artificial superintelligence through its agents. The token FET powers the ecosystem and facilitates transactions.
•Why invest in it?
ASI aims to create a global network of AI agents capable of solving complex problems autonomously, with applications in a range of industries. The project’s long-term vision is to harness AI’s full potential to optimize systems and drive efficiency.
3. Ocean Protocol (OCEAN)
Ocean Protocol is a decentralized data exchange protocol designed to unlock data for AI consumption. It allows data owners to share and monetize their data securely, while OCEAN tokens are used for transactions on the platform.
I considered investing in it because Ocean Protocol facilitates access to high-quality data, which is essential for training AI systems. By providing a marketplace for trusted data, Ocean is poised to play a major role in the growing data economy and AI development.
4. Cortex (CTXC)
Cortex is a decentralized AI platform that enables developers to upload and execute AI models on the blockchain. CTXC tokens are used for payments and incentives within the ecosystem.
Cortex is bridging the gap between AI and blockchain, enabling decentralized execution of machine learning models. It is worth investing because it opens up new possibilities in fields like decentralized finance (DeFi) and beyond.
5. Render (RNDR)
Render is a decentralized cloud rendering platform that uses blockchain technology to connect users with computing power for rendering high-quality 3D content. The RNDR token is used to pay for services and reward users who contribute their idle GPUs.
Render aims to democratize the rendering industry by enabling creators to access affordable computing resources while providing GPU owners with a way to monetize their unused processing power. As the demand for 3D content grows, Render’s platform could become an essential tool in creative industries, particularly in gaming, film, and virtual reality.
Some of these coins are relatively new but they will surprise lots of folks after a couple of months be on the lookout.