Today, artificial intelligence (AI) has already had a significant impact on many people and the influence is only likely to increase. One of the most significant impacts of AI is in the area of automation.
AI-powered systems and robots are already replacing human workers in many industries, from manufacturing and logistics to customer service and data entry. This will eventually disrupt traditional job markets and change the way we work and live.
Before this takes off, check out these 3 alt coins that are interconnected with artificial intelligence and have a massive opportunity for growth.
1. Fetch.ai
Founded in 2017, Fetch.ai is a decentralized, open-source blockchain network that aims to enable the creation and deployment of autonomous agents and smart contracts. The platform leverages machine learning and artificial intelligence to facilitate a wide range of use cases such as
- Decentralized finance,
- Supply chain management
- Internet of Things (IoT) applications.
By enabling autonomous agents to interact with one another and with real-world data sources, Fetch.ai seeks to create a more efficient and scalable digital economy. The network’s native cryptocurrency, FET, is used to incentivize and reward participants in the ecosystem. It’s currently number three overall market cap in the AI niche.
Number two on the list is SingularityNET. They were founded in 2017 by a team of AI and blockchain experts, including Ben Goertzel, the CEO of the platform. They are a decentralized, open-source blockchain platform.
Their goal aims to democratize access to artificial intelligence (AI) by creating a marketplace for AI algorithms and services. The platform enables developers to create and monetize AI services and to share and combine these services with others in a decentralized manner.
The platform’s native cryptocurrency, AGIX (Artificial General Intelligence Xchange), is used to facilitate transactions within the network. Right now, it’s ranked No. 2 in market cap in all AI projects.
3. Alethea AI
The third project we’re looking at is Alethea AI. They were founded in 2019 by Arif Khan and Dr. David S. Gunkel. They are a decentralized, open-source platform that leverages artificial intelligence (AI) and blockchain technology.
Alethea AI aims to create and distribute digital AI-powered avatars. These avatars, or “synthetic humans,” are designed to look and act like real people. They can be used in a variety of applications, including gaming, virtual reality, and social media.
The platform’s native cryptocurrency, ALEPH, is used to facilitate transactions within the network. This enables developers to create and customize these avatars and monetize them by selling them to users, or licensing them as third-party applications. Their goal is to enable more realistic and personalized digital interactions by creating a new form of digital identity that can be owned and controlled by the people.
Conclusion
While there’s many alt coins to choose from, these three coins each have their own strengths and use cases. They offer us a glimpse into the diverse range of applications that blockchain technology can support. As with any investment, it’s important to conduct your own research and due diligence before making any decisions. However, if you’re looking to diversify your crypto portfolio, these alt coins may be worth considering.
We’d love to hear your thoughts! Share your opinions and any questions you have by leaving a comment down below.
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