The convergence of AI and blockchain technologies in 2024 has led to a revolutionary shift in various sectors, creating a new pattern of decentralised and intelligent systems. The best AI blockchain projects, such as The Graph, Injective Protocol, Oasis Network, etc., are leveraging the immutability and transparency of blockchain with the predictive and analytical power of AI. This synergy unlocks unprecedented opportunities, enhances security, improves scalability, and optimises industry efficiency.
The potential of these best AI blockchain projects is immense, with applications ranging from developing trading algorithms and predictive analytics to AI-powered smart contracts, signifying a promising future for the AI blockchain space.
The State of Best AI Blockchain Projects in 2024
As of 2024, the AI blockchain market has seen significant growth and innovation. The industry is teeming with various projects, each bringing unique value propositions. Below are the best AI blockchain projects, discussed in full detail.
These best AI blockchain projects have gained substantial traction, with millions of users worldwide, and have collectively raised billions of dollars in funding. They are at the forefront of the AI blockchain revolution, mapping the power of AI and the transparency of blockchain to create decentralised and intelligent systems that are transforming industries across the globe.
Top AI Blockchain Projects
- The Graph (GRT):
Token: GRT
Category: Data Indexing and Querying
The Graph is an indexing protocol for querying networks. It’s often called the ‘Google of Web3’ and plans to add AI-assisted querying with large language models as part of a suite of new features. The graph allows developers to create and use groundbreaking applications without running their own data server, building indexing infrastructure, or parsing through raw data. The GRT token is the work utility token that coordinates data providers and consumers. As of 2024, the price of GRT is USD 0.2673.
- Injective Protocol (INJ):
Token: INJ
Category: Decentralized Finance (DeFi) and Exchange
The Injective Protocol is a Layer-2 DeFi protocol. It’s a Cosmos-based blockchain that combines AI technology with DeFi. Its dApps can use AI algorithms to improve market efficiency and optimise user decisions, such as trades on decentralised exchanges. The INJ token is used within the network for governance, staking, and deflationary processes. As of 2024, the price of INJ is USD 23.23.
- Oasis Network (ROSE):
Token: ROSE
Category: Open Finance and Data Privacy
Oasis Network is a privacy-enabled blockchain platform. It’s a Proof-of-Stake Layer 1 that hopes to be the first privacy-focused blockchain for the future of DeFi. It has recently joined forces with Fetch.ai and SingularityNET to form the Artificial Superintelligence Alliance. The ROSE token is the native token of the Oasis Network, and it fuels all transactions, staking, and delegation. As of 2024, the price of ROSE is USD 0.08531.
- Render Token (RNDR):
Token: RNDR
Category: Distributed GPU Rendering and AI Computation
Render Token is a distributed GPU rendering network. It allows GPU owners to become node operators, monetising their idle GPU compute power by rendering tasks submitted by creators. The RNDR token is the native token of Render Network, and it is used to pay for rendering jobs on the platform. As of 2024, the price of RNDR is USD 10.09.
- Fetch.ai (FET):
Token: FET
Category: Autonomous Agents and DeFi
Fetch.ai is a platform that enables users to lend the unused GPU capacity of their home devices to support projects in rendering motion graphics and visual effects. In 2024, Fetch.ai, Ocean Protocol, and SingularityNET launched the Artificial Superintelligence Alliance. The FET token is the native token of Fetch.ai, functioning as both a utility and governance token. As of 2024, the price of FET is USD 2.11.
Also, read more about $FET’s future price prediction.
- SingularityNET (AGIX):
Token: AGIX
Category: AI Services Marketplace
SingularityNET is the world’s first decentralised Artificial Intelligence (AI) network. It’s a blockchain-based marketplace and framework for AI services. The AGIX token is the native token of the SingularityNET platform, and it functions as both a utility and governance token. As of 2024, the price of AGIX is USD 0.8445.
- Cortex (CTXC):
Token: CTXC
Category: Machine Learning
Cortex is a public blockchain infrastructure that supports executing AI algorithms and AI-powered dApps. It provides a platform for AI developers to upload their models onto the blockchain and incorporate them into smart contracts. The CTXC token is used as a fee for transactions and smart-contract execution. As of 2024, the price of CTXC is USD 0.3413.
- Bittensor (TAO):
Token: TAO
Category: AI Blockchain
Bittensor is revolutionising the development of machine learning platforms by decentralising the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind. The TAO token is the native token of the Bittensor network and is used to pay for rendering jobs on the platform. As of 2024, the price of TAO is USD 429.90.
- Ocean Protocol (OCEAN):
Token: OCEAN
Category: Data Exchange and Monetisation
Ocean Protocol is a decentralised data exchange platform designed to protect data. It’s a decentralised data-sharing platform built on the Ethereum blockchain, enabling secure and private data sharing. The OCEAN token is the native token of Ocean Protocol, and it is used to pay for rendering jobs on the platform. As of 2024, the price of OCEAN is USD 2.00.
- Numeraire:
Token: NMR
Category: Finance- Prediction Market
Numeraire is a project by Numerai, a hedge fund that crowdsources machine learning models to make predictions and trades in financial markets. The Numeraire token incentivises data scientists to collaborate and prevents overfitting. As of 2024, the price of Numeraire is USD 26.
The Impact of AI Blockchain Projects
Best AI blockchain projects leverage advanced data analysis for accurate forecasts, bolstering automated trading, and selecting optimal strategies for various risk levels. They enhance security by detecting suspicious activities and mitigating fraud, making trading safer. This has led to a more secure and transparent future.
AI is revolutionising crypto trading in terms of trading algorithms. It is used to develop sophisticated algorithms for trading bots, which can automate the buying and selling of cryptocurrencies based on market trends and analysis. This has led to more efficient markets and given traders a competitive edge.
Predictive analytics is another area where AI is making a significant impact. AI is used to analyse vast amounts of data, enabling more accurate predictions and insights into market behaviour. This has proven far more precise than theoretical models, providing traders with valuable insights to guide investment decisions.
The Future of AI Blockchain Projects
As we are in 2024, the seamless integration of AI, blockchain, and virtual reality is expected to unlock limitless potential and redefine our digital experience. The convergence of these technologies is more than just a blending; it’s a harmonisation that enhances, expands, and redefines our digital world.
However, interoperability standardisation, regulatory uncertainty, and customer hesitation must be addressed for broader adoption. On the other hand, opportunities like the growing role of blockchain in global finance, the rise of GameFi, and the maturation of NFTs present exciting prospects for the future. By the end of 2024, we are likely to see immense execution of AI in virtual reality. Despite the challenges, the future of the best AI blockchain projects holds tremendous promise and potential. Stay tuned with the Latest Web3 News for more information!
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