If your quest for exploring certain cryptocurrencies has finished, there is a category you need to watch out for: Artificial Intelligence (AI) coins! This category of coins would not be a new one for you, but, ever considered their use cases? The real-world utility of AI coins is something that needs to be discussed, and this content is a curated list of top AI coins with real use cases.
Top 5 AI cryptocurrencies
AI coins or AI cryptocurrencies have shaped the way we see the world, a well-known reality. Its impact on the blockchain sector is not an exception. Cryptocurrencies or tokens are leveraging blockchain along with AI to serve the blockchain audience with better utility. That said, here are the top five AI cryptocurrencies that provide you with real use cases.
Fetch.ai (FET)
Revealed in 2023, Fetch.ai is one of the top AI cryptocurrencies that uses artificial intelligence to serve the general public. What if you had someone to handle booking hotels, choosing a flight, finding a free parking space, and reserving a table in a restaurant? Yes, that’s what Fetch.ai does for you! And how? The Fetch.ai blockchain uses Autonomous Economic Agents (AEAs) to automate the requests you provide. For all these automated actions, you just need to pay in FET tokens.
Ocean Protocol (OCEAN)
Another king among the best AI coins with real-world use cases. Ocean Protocol focuses on exchanging data to train and improve AI models. You can share data securely and even own data tokens to access particular data. In short, you can turn data into tradable tokens or NFTs. The decentralized platform also runs AI-backed prediction bots or trading bots on crypto price feeds.
SingularityNET (AGIX)
Combining blockchain and AI, SingularityNET proudly helps independent AI developers to launch their AI tools on their decentralized platform. Its native cryptocurrency, AGIX token, can be used to buy AI tools and services from the developers. AGIX also acts as a governance token to vote on how SingularityNET should evolve or move forward.
Numeraire (NMR)
A typical AI prediction tournament, where data scientists from around the world stake NMR tokens to compete and build the top stock-predicting AI models. Basically, these scientists stake NMR tokens, and if their AI models perform well or make accurate predictions, they earn rewards in tokens.
Cortex (CTXC)
Another interesting AI coin that runs AI and AI-powered DApps on the blockchain. Here, developers can upload trained AI models to the Cortex network and add them to smart contracts. This makes smart contracts further smarter by enabling them to make predictions, perform data analysis, and recognize images. For those who upload AI models, use AI in smart contracts, and mine on the network, CTXC is the reward token they earn.
It’s not a buzzword — the combination of blockchain and AI technology. It’s quite a revolution in Web3 that extends to bring a real-world use case. Fetch.ai, SingularityNET, Cortex, Ocean Protocol, and Numeraire could be a few of the top AI coins with real-world utility; however, there are several other coins, such as Bittensor and Covalent, that truly serve the public with real utility.
FAQs
What is AI crypto mining?
AI-backed cryptocurrency mining is the process of leveraging AI algorithms to enhance the crypto mining process.
What are the top AI tokens by market capitalization?
Worldcoin (WLD), Bittensor (TAO), Fetch.ai (FET), and Virtuals Protocol (VIRTUAL) are some of the top AI tokens with the highest market capitalization.
