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In a recent video, Bitboy Crypto shared his insights on AI coins, which he rated as a niche with a lot of potential. However, he also noted that there aren’t many top projects in this niche, giving it an overall rating of five out of ten. Nevertheless, Bitboy gave a ten out of ten rating to Singularity, Fetch.ai, and a few other top projects.
Bitboy also advised investors to focus on newer projects in this niche, as some of the older ones have already had their run. He recommended Singularity DAO as a project to watch out for, citing its strong relationship with SingularityNET, a decentralized AI network. Singularity DAO aims to empower developers and researchers to build AI applications that are transparent, decentralized, and accessible to everyone.
The Future of AI in Crypto
AI is becoming an increasingly important technology in the cryptocurrency space. As more blockchain-based AI projects enter the market, investors are paying close attention to their potential. AI can help to automate tasks, improve security, and analyze data, among other things.
One of the projects that are leading the way in this space is Fetch.ai, a platform that combines different blockchains into one network. Fetch.ai’s CEO recently shared insights on the company’s 2023 roadmap and micro agent launch. The micro agent launch is expected to bring new use cases for the Fetch.ai network, including in the areas of decentralized finance (DeFi) and non-fungible tokens (NFTs).
The potential of AI in crypto is not limited to these projects alone. Many other projects are also working on integrating AI into their networks. For example, Ocean Protocol aims to create a decentralized marketplace for data, powered by AI and blockchain.
Numeraire is building a hedge fund that uses AI to make investment decisions. And Iexec RLC is creating a decentralized cloud computing network that uses AI to optimize resource allocation.