Artificial intelligence in its current understanding is a set of algorithms that allow programs to learn and improve themselves. AI is now used everywhere: from simple chatbots to neural networks with incredible features. The development of AI today is progressing by leaps and bounds. Countries and global corporations such as Google, Tesla, Microsoft, are engaged in AI study and development. The prospects are impressive.
Since the 2000s, artificial intelligence has found its way in smart houses technologies, as well as computer games. The widespread adoption of smartphones is also driving the use of AI in apps. Step by step, AI is being introduced into other industries and services – for example, facial recognition in video surveillance, medical robot assistants and analysts, car autopilot systems, etc. More and more often we encounter AI in our daily lives: in transport, at home, at work, in shops and entertainment centers and so on.
The number of people ChatGPT attracted post-launch
According to various sources, the most famous AI system, ChatGPT, gained phenomenal popularity and reached 100 M users in just five days. By now, ChatGPT currently has around 180.5M users, and according to OpenAI CEO Sam Altman, 100 million people use it every week. The variety of use for ChatGPT creates endless opportunities for people, who are also looking for ways for AI to help in their financial ventures.
The integration of artificial intelligence and cryptocurrencies is redefining the landscape of digital transactions, which led to the emergence of AI coins or AI crypto tokens. These coins, leveraging the power of AI, facilitate a diverse range of applications within the cryptocurrency ecosystem. While their functionalities vary very much, in financial world they primarily revolve around leveraging AI for more efficient decision-making, risk management, and trading processes.
AI-powered cryptocurrencies adopt varied models to address specific challenges, employing AI in different capacities to meet their objectives.
Examples include the utilization of AI-driven trading bots, the establishment of decentralized marketplaces for AI software, providing cloud-based computing resources for artificial neural networks and many more. The incorporation of AI adds complexity to the viability assessment, necessitating a meticulous examination of the technical whitepapers and the creation of value within the ecosystem.
AI coins often implement unique tokenomics to incentivize participation and ensure the sustainability of their platforms. For instance, a project might distribute its native tokens to contributors providing computational resources for running AI models or offer token holders a share of the fund's revenues in proportion to their token holdings. These strategies showcase the diverse ways AI-driven cryptocurrencies foster engagement and participation within their respective ecosystems.
The bottom line is, that people incorporate AI in their day-to-day routine to benefit from it and thus make more profitable decisions. By now, the world of cryptocurrencies allows it to do without any limitations.
AI-based cryptocurrencies are created to utilize the potential of artificial intelligence, including predictive analytics, machine learning, and natural language processing, to offer one-of-a-kind features, services, or applications within the domain of blockchain technology. Several prominent AI-driven cryptocurrencies have surfaced in the crypto market, demonstrating the potential of merging AI with blockchain technology.
Here is the list of notable AI currencies which have gained good traction.
The Graph is a protocol for indexing and querying blockchain data, like Google's indexing and querying of website data. The Graph seeks to alleviate the difficulty of indexing blockchain data by breaking it into manageable "subgraphs."
Injective (INJ) is an artificial intelligence (AI) crypto project with a focus on the financial sector to facilitate the development of decentralized financial (DeFi) systems. Injective facilitates cryptocurrency-based margin trading, derivatives trading, and FX futures trading. To authenticate network transactions and vote on the direction of the project's governance, Injective uses its native currency, INJ.
Render connects artists with crypto miners who are prepared to rent out their graphics processing units (GPUs), giving them access to the computational power they need to generate computer images. Users of the Render project must exchange their RNDR for the GPU hash rate of miners. A consensus method based on "proof of work" runs the system.
Oasis Network is the 'first privacy-enabled blockchain platform for open finance and a responsible data economy'. Simply put, the project is a proof-of-stake blockchain network meant to facilitate open finance without compromising users' privacy.
Ocean Protocol is a blockchain-based platform built on the Ethereum network that facilitates the trading and monetization of data and data-driven services between corporations and people. One possible approach is to provide academics and entrepreneurs access to data without requiring its owners to disclose it.
Fetch.ai is a decentralized platform for artificial intelligence and machine learning. Fetch.ai is focused on automating commercial activities including data processing and trading. Its cryptocurrency, FET, is used to pay for transactions on the network.
OriginTrail is a blockchain-based artificial intelligence initiative designed to improve the supply market. Without the paperwork, OriginTrail's blockchain-based product tracking system allows warehouses, distributors, and retailers to monitor the whereabouts of goods in real time. The native currency of the project is TRAC, which users exchange for the project's offerings.
These initiatives showcase the diverse applications of AI in the crypto space, offering investors and stakeholders an opportunity to engage with AI-related businesses without leaving the crypto ecosystem.
The integration of AI and cryptocurrencies presents a transformative opportunity for the financial and technology sectors, paving the way for innovative solutions and streamlined processes. Their benefits and perks include enhanced efficiency, improved risk assessment, data analysis and decision-making. AI inclusion significantly accelerates transaction speed, minimizes the risks associated with emotional trading, ultimately enhancing overall trading outcomes.
So, what’s the market value and potential of AI cryptocurrencies?
With the recent exponentially growing hype around AI technologies, it is understandable that people will try to find opportunities to make profit from it. All AI-related cryptocurrencies, mentioned above, gain huge attention from investors seeking gems for an early entrance. As they navigate the opportunities of the AI and cryptocurrency convergence, a comprehensive understanding of the market dynamics, technological intricacies, and risk factors is essential for making informed investment decisions. This is quite a risky market – we yet have to find out whether artificial intelligence technologies are reliable – but the market already approves, with constant growth of the number of AI-related projects and their capitalization. There is a lot of room where to grow by now.
The main risk in this market is not to miss a real opportunity: people are watching the projects emerge in numbers, so then the FOMO walks in, investors’ worst friend. Investors have to do a lot of due diligence and paperwork in order to understand whether the project is “gold” or “bust”.
It is quite obvious that general public is not familiar with all AI-related intricacies and have to spend dozens of hours in order to understand, whether these projects are worth investing in. That’s when one have to turn to index investing – an option for diversification and risk mitigation.
One of the reliable solutions is J’JO AI Index – a balanced basket of top-tier artificial intelligence cryptocurrencies. It consists of coins of ten projects which are traded on various exchanges and have already proven their reliability and market demand. We have briefly touched some of them earlier in the article.
The most remarkable benefit of J’JO AI Index is its balanced distribution of assets within this “basket”. We all presumably know how volatile cryptocurrencies are – and that’s why the “basket” exists: the downfall of one asset price might be saved by the growth of another. Any AI project might be at risk, but when you invest in ten at once – this risk is reduced, while the general trend of AI coin popularity continues for a long distance.
You can easily check the performance of J’JO AI Index on a dashboard: the recent positive news in both crypto and AI industries push the market upwards for several consequent months.
Below you can see the performance of J'JO AI Index from September to November 2023. It gained +114,75% in 3 months time.
Learn more about the J'JO service on the official website.
Akili bandia katika uelewa wake wa sasa ni seti ya algorithms ambayo inaruhusu programu kujifunza na kuboresha wenyewe. AI sasa inatumika kila mahali: kutoka kwa mazungumzo rahisi hadi mitandao ya neva na huduma za kushangaza. Maendeleo ya AI leo yanaendelea kwa kasi sana. Kampuni kubwa kama vile Google, Tesla, Microsoft na Microsoft zinafanya kazi katika utafiti wa AI. Matarajio ni yenye kuvutia. Tangu miaka ya 2000, akili bandia imepata njia yake katika teknolojia za nyumba za akili, pamoja na michezo ya kompyuta. Kuenea kwa simu mahiri pia kunasababisha matumizi ya AI katika programu. Hatua kwa hatua, AI inaanzishwa katika viwanda vingine na huduma - kwa mfano, utambuzi wa uso katika ufuatiliaji wa video, wasaidizi wa roboti ya matibabu na wachambuzi, mifumo ya autopilot ya gari, nk. Kwa kawaida, AI inapatikana katika maisha yetu ya kila siku, kama vile katika usafiri, nyumbani, kazini, maduka, na vituo vya burudani. "Kulingana na vyanzo mbalimbali, mfumo maarufu zaidi wa AI, ""ChatGPT,"" ulipata umaarufu mkubwa na kufikia watumiaji milioni 100 katika siku tano tu." ChatGPT ina watumiaji milioni 180.5 na kulingana na Mkurugenzi Mtendaji wa OpenAI, Sam Altman, watu milioni 100 hutumia kila wiki. Matumizi ya ChatGPT yanaunda fursa zisizo na mwisho kwa watu ambao pia wanatafuta njia za AI kusaidia katika biashara zao za kifedha. Kuunganishwa kwa akili bandia na sarafu za sarafu ni redefining mazingira ya shughuli za dijiti, ambayo imesababisha kuibuka kwa sarafu za AI au ishara za crypto za AI. Sarafu hizi, kwa kutumia nguvu ya AI, zinawezesha anuwai ya matumizi ndani ya mazingira ya cryptocurrency. Ingawa utendaji wao hutofautiana sana, katika ulimwengu wa kifedha wao huzunguka hasa kuzunguka kutumia AI kwa maamuzi bora zaidi, usimamizi wa hatari, na taratibu za biashara. Cryptocurrencies zinazotumiwa na AI zinakubali mifano tofauti ili kukabiliana na changamoto maalum, zikitumia AI katika uwezo tofauti ili kukidhi malengo yao. Mifano ni pamoja na matumizi ya AI-kuendeshwa bots biashara, kuanzishwa kwa soko decentralized kwa ajili ya programu AI, kutoa wingu-msingi rasilimali za kompyuta kwa ajili ya mitandao ya ubongo bandia na mengi zaidi. Kuingizwa kwa AI huongeza utata kwa tathmini ya ufanisi, ikihitaji uchunguzi wa kina wa karatasi nyeupe za kiufundi na uundaji wa thamani ndani ya mazingira. Sarafu za AI mara nyingi hutumia tokenomics ya kipekee ili kuhamasisha ushiriki na kuhakikisha uendelevu wa majukwaa yao. Kwa mfano, mradi unaweza kusambaza ishara zake za asili kwa wachangiaji wanaotoa rasilimali za kompyuta kwa kuendesha mifano ya AI au kuwapa wamiliki wa ishara sehemu ya mapato ya mfuko kwa uwiano wa hifadhi zao za ishara. Mkakati huu unaonyesha njia tofauti za sarafu za AI kukuza ushiriki na ushiriki ndani ya mifumo yao ya ikolojia. Kwa ujumla, watu wanajumuisha AI katika utaratibu wao wa kila siku ili kufaidika nayo na hivyo kufanya maamuzi yenye faida zaidi. Kwa sasa, ulimwengu wa sarafu za sarafu unaruhusu kufanya bila vizuizi vyovyote. Cryptocurrencies AI-msingi ni kuundwa kwa kutumia uwezo wa akili bandia, ikiwa ni pamoja na utabiri wa uchambuzi, kujifunza mashine, na usindikaji wa lugha ya asili, kutoa moja ya aina ya vipengele, huduma, au maombi ndani ya uwanja wa teknolojia ya blockchain. Fedha kadhaa maarufu zinazoendeshwa na AI zimeibuka katika soko la crypto, ikionyesha uwezekano wa kuunganisha AI na teknolojia ya blockchain. Hapa ni orodha ya sarafu maarufu za AI ambazo zimepata traction nzuri. Graph ni itifaki ya indexing na kuuliza data blockchain, kama Google ya indexing na kuuliza data tovuti. Graph inatafuta kupunguza ugumu wa indexing blockchain data kwa kuvunja katika "subgraphs" manageable. Injection ni mradi wa akili bandia (AI) na lengo la sekta ya fedha ili kuwezesha maendeleo ya mfumo wa fedha decentralized (DeFi). Injective inawezesha biashara ya margin ya msingi wa cryptocurrency, biashara ya derivatives, na biashara ya siku zijazo za FX. Ili kuthibitisha shughuli za mtandao na kupiga kura juu ya mwelekeo wa utawala wa mradi, Injective hutumia sarafu yake ya asili, INJ. Render inaunganisha wasanii na wachimbaji wa crypto ambao wako tayari kukodisha vitengo vyao vya usindikaji wa picha (GPUs), na kuwapa upatikanaji wa nguvu ya kompyuta wanayohitaji kutengeneza picha za kompyuta. Watumiaji wa mradi wa Render lazima kubadilishana RNDR yao kwa kiwango cha GPU cha wachimbaji. Mbinu ya makubaliano kulingana na "uthibitisho wa kazi" inaendesha mfumo. Oasis Network ni "kwanza faragha-kuwezesha blockchain jukwaa kwa ajili ya fedha wazi na uchumi wa data wajibu". Kwa ufupi, mradi ni uthibitisho wa hisa blockchain mtandao lengo la kuwezesha fedha wazi bila kuhatarisha faragha ya watumiaji. Ocean Protocol ni blockchain-msingi jukwaa kujengwa juu ya Ethereum mtandao ambayo inawezesha biashara na monetization ya data na huduma data-kuendeshwa kati ya makampuni na watu. Njia moja inayowezekana ni kuwapa wasomi na wajasiriamali upatikanaji wa data bila kuhitaji wamiliki wake kuifunua. Fetch.ai ni jukwaa la kutengwa kwa akili bandia na kujifunza mashine. Fetch.ai ni lengo la automatisering shughuli za kibiashara ikiwa ni pamoja na usindikaji wa data na biashara. Cryptocurrency yake, FET, hutumiwa kulipa kwa shughuli kwenye mtandao. OriginTrail ni blockchain-msingi akili bandia mpango iliyoundwa kuboresha soko la ugavi. Bila nyaraka, mfumo wa ufuatiliaji wa bidhaa wa OriginTrail unaotegemea blockchain inaruhusu maghala, wasambazaji, na wauzaji kufuatilia mahali ambapo bidhaa ziko kwa wakati halisi. Fedha ya asili ya mradi ni TRAC, ambayo watumiaji kubadilishana kwa matoleo ya mradi. "Mipango hii inaonyesha matumizi mbalimbali ya AI katika nafasi ya crypto, kutoa wawekezaji na wadau fursa ya kushiriki na biashara zinazohusiana na AI bila kuondoka mfumo wa crypto. """ Kuunganishwa kwa AI na sarafu za sarafu ni fursa ya mabadiliko kwa sekta za kifedha na teknolojia, kuandaa njia ya ufumbuzi wa ubunifu na michakato ya ufanisi. Faida zao na faida ni pamoja na ufanisi ulioimarishwa, tathmini ya hatari iliyoimarishwa, uchambuzi wa data na maamuzi. Kujumuisha AI kwa kiasi kikubwa huongeza kasi ya shughuli, hupunguza hatari zinazohusiana na biashara ya hisia, na hatimaye kuboresha matokeo ya jumla ya biashara. Kwa hiyo, ni nini thamani ya soko na uwezo wa AI cryptocurrencies? Kwa sababu ya kuongezeka kwa ujasiri wa teknolojia ya AI, ni wazi kwamba watu watajaribu kupata fursa za kupata faida. Cryptocurrencies zote zinazohusiana na AI, zilizotajwa hapo juu, zinapata umakini mkubwa kutoka kwa wawekezaji wanaotafuta vito kwa kuingia mapema. "Wakati wanazunguka fursa za AI na kubadilika kwa sarafu, uelewa kamili wa mienendo ya soko, utata wa kiteknolojia, na sababu za hatari ni muhimu kwa kufanya maamuzi ya uwekezaji yenye habari. """ Hii ni soko hatari kabisa - bado tunapaswa kujua ikiwa teknolojia za akili bandia zinaaminika - lakini soko tayari linakubali, na ukuaji wa mara kwa mara wa idadi ya miradi inayohusiana na AI na mtaji wao. Kuna nafasi nyingi za kukua sasa. Hatari kubwa katika soko hili ni si kukosa fursa halisi: watu ni kuangalia miradi kuibuka katika idadi, hivyo kisha FOMO anatembea katika, wawekezaji'rafiki mbaya. Wawekezaji wanapaswa kufanya mengi ya bidii na karatasi ili kuelewa kama mradi ni "dhahabu" au "bust". Ni wazi kwamba umma kwa ujumla haujui mambo yote yanayohusiana na AI na lazima utumie masaa kadhaa ili kuelewa ikiwa miradi hii inafaa kuwekeza. Hiyo ni wakati mtu kuwa na kugeuka kwa uwekezaji index - chaguo kwa ajili ya utofauti na kupunguza hatari. Moja ya ufumbuzi wa kuaminika ni JJIA Index, kikapu cha usawa cha sarafu za juu za akili bandia. Ni pamoja na sarafu ya miradi kumi ambayo ni kuuzwa katika kubadilishana mbalimbali na tayari kuthibitishwa kuaminika yao na mahitaji ya soko. Tumezungumzia kwa ufupi baadhi ya mambo hayo mapema katika makala hii. Faida ya ajabu zaidi ya JJAI Index ni usambazaji wake wa usawa wa mali ndani ya "basket" hii. Sisi sote pengine kujua jinsi cryptocurrencies ni volatile <unk> na kwamba <unk>s why the <unk>basket<unk> exists: kuanguka kwa bei ya mali moja inaweza kuokolewa na ukuaji wa nyingine. Mradi wowote wa AI unaweza kuwa na hatari, lakini unapowekeza katika kumi kwa wakati mmoja <unk> hatari hii hupunguzwa, wakati mwenendo wa jumla wa umaarufu wa sarafu ya AI unaendelea kwa umbali mrefu. Unaweza kuangalia kwa urahisi utendaji wa JJAI kwenye dashibodi: habari za hivi karibuni nzuri katika sekta zote za crypto na AI zinaongeza soko kwa miezi kadhaa mfululizo. Kwa mfano, JIO AI Index ilichapishwa mnamo Septemba 2023. Ilipata +114.75% katika muda wa miezi mitatu. Jifunze zaidi kuhusu huduma ya J'JO kwenye tovuti rasmi.