A Closer Look at Artificial Intelligence (AI)Tokens

The AI tokens are unique projects that create a new and decentralized market for accessible data sourced through interoperability.
AI tokens can also be traded in the crypto market, and traders and investors can buy and sell them to make a profit.

AI tokens are designed to power AI blockchain platforms, apps, and services, such as decentralized AI marketplaces, AI-powered portfolio management, predictions, image generation, pathfinding, autonomous organizations, and more.

The AI tokens are unique projects that create a new and decentralized market for accessible data sourced through interoperability. The ultimate goal of AI token creators is to make Web 3 easily accessible while creating an advanced ecosystem where dApps can operate without interruptions.

AI tokens can also be traded in the crypto market, and traders and investors can buy and sell them to make a profit.

The growth opportunity around the AI and Web3 space combines early interest, potential, and hype. While it’s true that there may be some hype surrounding AI intervention in the crypto space, we are seeing the emergence of innovative and compelling use cases.

SingularityNET (AGIX)

SingularityNET is a blockchain-based AI token built on the Cardano network. the project founded in 2017 aims to create a decentralized open-source of Artificial General Intelligence (AGI). An AGI is simply a learning machine with the capacity to carry out a huge range of tasks completed by humans.

AGIX is one of the most popular AI coins on the market today. It is the native token of the SingularityNET platform. SingularityNET is also developing an ecosystem of platforms that will provide AI services, enabling the trade of data, models, and other tools to improve AI through training.

AGIX has a maximum supply cap of two billion tokens and a circulating supply of 1.2 billion AGIX coins. AGIX opened 2022 at $0.2026, closing the year at $0.0464, equating to a 77% loss in value over the period.

As per CMC, SingularityNET is currently trading around $0.4007 with a one-day trading volume of $268,461,273. At the time of writing, AGIX has dropped by nearly 4.8% during the past 24 hours.

Fetch.ai (FET)

Launched in February 2019 by three co-founders: Humayun Sheikh (CEO), Toby Simpson (CTO), and Thomas Hain (CSO). Fetch.AI is promoted as the building block of the future decentralized digital data marketplaces.

Fetch.ai is an open-source, decentralized platform that aims to create an infrastructure to build a digital economy. Fetch.ai is a combination of blockchain technology and artificial intelligence. The project aims to decentralize AI-based systems which are now being increasingly adopted in the form of digital assistants, such as Google’s Home Hub.

Additionally, Fetch.ai allows users to create autonomous economic agents. These agents interact with each other to perform actions like decision-making, data analysis, and predictions.

FET is the native token of this platform. This token is used to build an economic ecosystem for autonomous AI agents that has the potential to disrupt various industries like finance, transport, and energy.

FET has a circulating supply of about 746 million coins, with a maximum supply cap of 1.152 billion coins. At press time, FET is hovering around $0.4045 with a one-day trading volume of $203,901,079. At the time of writing, FET has dropped by nearly 6.05% during the past 24 hours.

The Graph (GRT)

The graph is a decentralized, open-source protocol based on distributed ledger technology used to collect data without involving third parties.

GRT is the native token of this network. This token is used to allocate resources within The Graph network. GRT is an ERC-20 crypto token that can be stored in ETH and ERC-20 compatible wallets.

There is strong market recognition of the importance of The Graph. Posited as ‘the Google of Blockchain’. GRT enables developers to deploy ‘subgraphs’, which find and retrieve information from blockchains. Like LINK as a big data project, but with more of a search function as opposed to data feeds.

The Graph has recently launched its multi-chain incentivized program. This will see 75m in GRT given to indexers in the network to drive ecosystem growth.

GRT has a maximum supply of 10 billion coins and a circulating supply of 8.89 billion ai coins. The price of GRT is $0.1581, and its market cap is $1.6 billion at the time of writing. It currently holds the #40th position on CMC making it one of the best AI crypto tokens and projects to invest in 2023 that has massive growth potential.