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The Convergence of AI and Web3: Overview of New Projects and Applications

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by Giorgi Kostiuk

2 hours ago


In the past two years, the convergence of artificial intelligence and blockchain has created one of the most dynamic narratives in technology: AI + Web3. This sector spans decentralized networks and machine intelligence, addressing critical issues of scalability and value distribution.

Infrastructure: Bittensor and Render

The foundation of the AI + Web3 sector is built on decentralized infrastructure. Two projects stand out: Bittensor and Render.

Bittensor has emerged as a decentralized network where contributors provide computing power and AI models in exchange for rewards.

Render specializes in rendering and has become a vital backbone for creative industries and AI model training.

Data and Model Markets: SingularityNET and Others

Data is the lifeblood of AI, and blockchain provides the necessary trust layer for its exchange. Three projects stand out: SingularityNET, Fetch.ai, and Ocean Protocol.

SingularityNET functions as a decentralized marketplace for AI services, preventing monopolization of AI by large corporations. Fetch.ai builds autonomous digital agents, while Ocean Protocol enables secure data exchange.

Emerging Applications: From DeFi to Content

AI + Web3 applications are beginning to surface across various verticals. In DeFi, AI is utilized for predictive models and automated trading strategies. In gaming, AI-generated content is transforming game development. Story Protocol addresses copyright issues for digital art and literature.

The convergence of AI and Web3 is evolving into a fully-fledged ecosystem spanning infrastructure, data, applications, and finance. Projects like Bittensor, Render, SingularityNET, and others are pivotal in this transformation.

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