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The rise of Crypto AI 🤖
AI + Crypto is the buzz in the town. The AI crypto coins you should watch out for. The role of AI in crypto markets. How AI can make NFTs it an exciting adventure in generative art.
Hello, y'all. This is The Rabbit Hole. Can AI write about crypto AI, instead of we being like this👇 on a Sunday evening? We need love. Join our telegram. Please? 🤟
You know it's a big deal when two of the biggest tech companies are fighting it out for the dominance. The tech that pretty much runs your life, wants to score big and that's when you know that the shit is real.
Microsoft vs Alphabet 🔪
Bing vs Google 🗡️
This battle for AI supremacy will define the future of the internet 🔮
Well. Sort of.
AI is big for crypto. It is.
That crypto is about data. That crypto is about data that is open and available to access on open blockchains. That all of this be accessed and processed, makes AI the best bud. AI can be trained to automate, build trust and bring efficiency in the workings of crypto systems. AI can improve security, user experience, scalability and overall functioning of the industry. AI-based projects can be bedrocks of decentralised marketplaces, exchanges, image or text generation services, investment protocols. Anything that has data.
AI + Blockchain + Decentralisation = A stiff, stiff drink.
AI tokens are cryptocurrencies that use AI
They are building momentum, and why would they not? Like all crypto project - they have real challenges on hand with respect to regulation, volatility and general public understand. As of March 2023, the market cap is well above $2+ Billion.
Let's talk about the top picks in town
SingularityNET (AGIX): A platform for building and sharing AI apps, making AI accessible for everyone.
Fetch.ai (FET): A network that uses AI to create a safe and efficient system for machines to communicate and share data with each other.
Numeraire (NMR): A hedge fund that uses AI to make smart investment decisions, winning money by competing with other AI models.
Ocean Protocol (Ocean): A platform for exchanging and monetising data and data-based services . Facilitates data sharing and collaboration
Cortex (CTXC): A platform for developers to easily create and use AI models on blockchains for speech and image recognition AI applications.
These are our picks, there ought to be more interesting and promising projects our there or being built. Fill us in
Why not sponsor, eh?
How exactly does AI help crypto?
The use case and applications are countless, but we take a dig at crypto markets and NFTs.
How AI could build more efficient crypto markets?
Analyse sentiments better - give a break to the (social) media
Distinguish real engagement from orchestrated conversations
Detecting market dynamics: predict price fluctuation or identify market regimes
The use of trading bots and AI-based market making
AI-based risk evaluation in crypto markets
Analyse blockchain data to detect fraudulent or suspicious activities
How AI could revolutionise the NFT space?
AI is like a super brain that can learn patterns and recognise objects and scenes, and NFTs are the perfect playground for it! With computer vision, we can give AI eyes to see and create its own unique images. This opens up a whole new world of possibilities for NFTs.
AI-generated NFTs that use cutting-edge methods to create mind-bending art that we never thought possible.
NFTs with embedded AI that can talk back to you and even interact with their surroundings.
AI-first NFT infrastructures that provide intelligent recommendations and data insights for NFT collectors and creators.
What’s the Crypto AI future?
The potential and the AI technology is going to be huge. It's integration with blockchain could be the game-charger for a much more accepting decentralised internet. Spare the crypto turmoil. It's not fading away.
AI recreating the past reality in an alternate reality with the view you want.
TTD Week That Was 📆
It's a week gone. Never to come back again.
Saturday: Forever Trump 🕺🏼😜
Friday: SEC ⚔️ Coinbase 🛡️
Thursday: SEC spanks 🤦 FED bumps 🤷♂️
Wednesday: The judgement day?👨⚖️👩⚖️
Tuesday: Crypto wants Hong Kong 🇭🇰 stew 🍲👩🍳
Monday: Bet against US economy? 🎰 🤑
TTD Week In Funding 💰
Gryfyn $7.5 Million. Build NFT-centric, multi-chain solution with bank-grade security on top of Hex Trust's infrastructure.
OP3N $28 Million. Build a web3 AI-powered platform to connect creators, fans, and commerce. WhatsApp meets Amazon or WeChat meets Alibaba.
Turnkey $7.5 Million. AI-powered lending automation and risk-mitigation solutions, to develop simple APIs to securely manage private keys.
Carbonable $1.2 Million. Carbon credit funding and management platform. Helps companies to invest in carbon capture on the blockchain.
BitKeep $30 Million. Digital wallet, to improve stability of security of handling multiple assets across different blockchains.
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So long. OKAY? ✋
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