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Examining AI and Blockchain: New Opportunities in the Crypto Market

Examining AI and Blockchain: New Opportunities in the Crypto Market

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by Giorgi Kostiuk

5 hours ago


The synergy of artificial intelligence (AI) and blockchain creates new opportunities for crypto assets. Noteworthy tokens such as Bittensor, NEAR Protocol, and The Graph present unique approaches to this interplay.

Bittensor (TAO): Decentralized Intelligence

Bittensor transforms the approach to building and sharing AI technologies by creating a decentralized marketplace for models. TAO tokens reward developers who provide the best models through a mechanism called 'Proof of Intelligence.' This generates ongoing demand for the token and may lead to substantial growth.

NEAR Protocol (NEAR): Scaling Decentralized Applications

While NEAR is not strictly an AI project, it offers tools and platforms for AI applications. Its sharded structure makes it ideal for resource-intensive computations. Upcoming upgrades are expected to enhance its capabilities, potentially increasing demand for the NEAR token.

The Graph (GRT): Data for AI on Blockchain

The Graph indexes and organizes blockchain data, providing AI-endowed decentralized applications with access to clean information. The GRT token rewards curators who maintain data flows, making it a pivotal player in the AI and blockchain landscape.

The merging of artificial intelligence and blockchain opens new avenues in the crypto industry. Projects like Bittensor, NEAR, and The Graph showcase significant growth potential as they adapt to market demands.

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