AI tokens are cryptocurrency assets associated with projects that utilize or integrate artificial intelligence (AI) technologies. These tokens can be created for various purposes, such as accessing AI-enabled platforms, managing decentralized AI networks, incentivizing developers, or paying for AI-related services.
How does an AI token work?
An AI token works as a bridge between artificial intelligence and blockchain technologies, performing different functions depending on the project. For example, they can provide access to AI services, participate in platform management, reward user contributions, or be used to automate processes through smart contracts. Their functionality is determined by the objectives of the specific ecosystem.
The best AI sector coins by capitalization
When all cryptocurrency exceeds trillions of dollars in terms of capitalization, AI tokens occupy an increasingly prominent place, opening new horizons for investors and developers. Let’s take a look at the most popular coins.
Near Protocol
NEAR Protocol (NEAR) is a scalable blockchain platform designed to support decentralized applications (dapp) and Web3 solutions. NEAR’s market capitalization at the time of writing is $7.55 billion. Due to its high performance, environmentally friendly Proof-of-Stake consensus and developer-friendliness, NEAR is actively used in the development of projects related to artificial intelligence. The platform is used to create decentralized applications that use AI to process data, automate decisions and optimize processes, and its support for smart contracts allows AI to be integrated into blockchain ecosystems including DeFi, NFT and DAO.
Injective
Injective (INJ)is a decentralized blockchain specifically designed for financial applications such as decentralized exchanges (DEX), derivatives, and DeFi protocols. Injective Protocol offers unique opportunities to trade assets without restrictions, with high speed and minimal fees, through integration with an innovative architecture and utilizing the Cosmos SDK.
Injective actively supports the integration of Artificial Intelligence (AI) solutions into the financial industry. The platform enables the creation of AI algorithms for automated trading, data analysis and risk management.
The Graph
The Graph (GRT) is a decentralized protocol designed to index and query data from blockchains, making it a key tool for developing Web3 applications. It structures data and provides access to it through subgraphs and the GraphQL query language, simplifying the work of developers. In the context of Artificial Intelligence (AI), The Graph plays the role of an infrastructure for big data for training and running AI models, especially in decentralized applications related to data analysis, prediction and process automation.
Oasis Network
Oasis Network (ROSE)is a blockchain designed to support decentralized applications and data management. The focus is on privacy through confidential smart contract technology, making the network ideal for handling sensitive information, including data used in artificial intelligence. The Oasis Network protects data by allowing AI models to train on it without revealing sensitive information. This opens up the possibility of creating secure AI solutions in areas such as finance, medicine and personalized services, combining blockchain and AI to process data more securely and efficiently.
Arkham
Arkham (ARKM)is a blockchain platform focused on analytics and disclosure of cryptocurrency transactions. It provides tools to analyze blockchains, visualize the flow of funds, and identify links between addresses, making it useful for fighting fraud and increasing transparency in the crypto space. Arkham integrates AI algorithms to analyze large data sets, automatically identify suspicious activity, and predict financial risks, which helps create safe and transparent financial ecosystems.
AltLayer
AltLayer (ALT) is a blockchain platform focused on scalable Layer 2 solutions (Rollups) that provide high performance and flexibility for decentralized applications. “Flash Layer” technology allows time chains to be run to handle computationally intensive tasks, making AltLayer particularly useful for AI integration. The platform supports AI model training and execution, big data processing and complex algorithm management, providing developers with powerful tools for building productive blockchain applications, including those related to artificial intelligence.