Artificial intelligence is solidifying its presence in Web3 with the rise of AI-powered decentralized applications (DApps) and their increasing user base this year. DappRadar reported a significant growth in AI-backed DApps, with 4.8 million daily unique active wallets in May, marking a 23% increase. This trend indicates that AI DApps are steadily establishing themselves within the decentralized ecosystem, challenging the dominance of gaming and DeFi apps. The top AI DApp for May, LOL, attracted 2 million daily active wallets by using an AI bot to analyze laughter and reward users with tokens based on their happiness level. The report also highlighted the emergence of SubHub, an AI-enhanced Web3 platform with 82,000 daily active wallets, showcasing the integration of smart messaging and wallet-based targeting in Social and AI DApps. The growing interest in decentralized AI is evident, with initiatives like ThinkAgents.ai and Tether entering the AI space, reflecting a shift towards user-owned technologies and decentralized systems. Read more AI-generated news on: https://app.chaingpt.org/news

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