Artificial intelligence (AI) tokens are receiving a lot of attention worldwide, starting with the launch of ChatGPT, a chatbot that has become the latest digital phenomenon. ChatGPT’s apparent capabilities also demonstrate how AI can transform many aspects of our daily lives. Therefore, some people believe that AI crypto tokens are the next wonder of the market.
There is currently a huge demand for these AI tokens. And that’s hard to come out of a bear market. Projects like The Graph, SingularityNet, Fetch.ai, and OriginTrail ($Trac) are leading the way.
#AI What is the next big theme in cryptocurrency? The cryptocurrency community has recently taken the plunge. #AI Boom, with AI #Cryptocurrency Tokens are on the rise and the industry is exploring the application of AI content. #web3
— $mokerClub (@SmokerClub) March 11, 2023
These projects leverage AI and blockchain to solve real-world problems. Origintrail, Fetch.ai, and SingularityNet are all at the forefront of AI trends. Let’s compare.
SingularityNET (AGIX)
SingularityNET is a blockchain-based platform that uses AI to unleash creativity. Users can create, share, and monetize AI services through a dedicated marketplace. It also uses blockchain technology to oversee transactions between developers and customers to ensure security and transparency.
SingularityNet has many powerful aspects, but one of its main strengths is its decentralized approach. The platform’s marketplace is safer from censorship and manipulation because it is not owned or controlled by a single entity. This decentralization also fosters better collaboration and creativity.
SingularityNET’s work at the intersection of AI and blockchain is some of the most exciting and promising work in technology today. I can’t wait to see what comes next! https://t.co/ytH8WeIKaO
— Johan Ras | (@Zeuz_of_Crypto) March 15, 2023
Fetch.ai(FET)
Fetch.ai aims to build a decentralized network where machines can interact with each other and do business with each other using AI agents. The platform manages machine-to-machine transactions and uses blockchain technology to ensure security and transparency. Fetch allows machines to make decisions in real time without human intervention. This is the main advantage.
2. What is https://t.co/XoQP1csncf? https://t.co/XoQP1csncf is an open, decentralized, machine learning blockchain-based network that enables the development and growth of the digital economy without human intervention. pic.twitter.com/8jvWvzKK1H
— Joey (@eschketit) January 29, 2023
OriginTrail(Trac)
The OriginTrail project primarily targets the supply chain sector. We aim to make information movement simpler, more flexible, cheaper, faster and more secure using blockchain technology. Many people believe that this project is the Google of Web3.
#trust Oracle integration #blockchain cloud service #OriginTrail Platform – Investment #blockchain https://t.co/4lW7u2WeSE pic.twitter.com/CDokmtqNft
— Shoresh (Saeed) Valadbaygi (@SaeedBaygi) December 4, 2018
Current global supply chains lack accountability and transparency. This is what OriginTrail aims to solve using blockchain-enabled technology and the native $Trac token.
You should at least dig into OriginTrail and do some research. There is no doubt in my mind that OT will be in the top ten.
The advantage of First Mover is that no one else does what OriginTrail does. They are blazing their own trail with new services and use cases. https://t.co/65EtXNaYD6
— American Psycho 2.0 (@Matt13346642) October 29, 2021
The project has already partnered with educational institutions, government agencies, regulators, and traditional and Web3 companies. OriginTrail also allows multiple participants in a complex supply chain to add data to items and components at every step of the chain. The core idea is for consumers, retailers, and manufacturers to benefit from an immutable ledger of real-world data stored on the blockchain.
OriginTrail also improves global supply lines by removing irrelevant barriers and facilitating the exchange of trustless information. It also provides provenance for numerous industries, items, and goods by tracking provenance and preventing counterfeiting.
Table comparing tokens
characteristic | Origin Trail | Fetch.ai | SingularityNet |
chain | Ethereum | Ethereum | Cardano/Ethereum |
native token | $TRAC | $FET | $AGIX |
market segment | supply chain | Internet of Things/Machine Learning. | Media and Information Services (B2B). |
Competitiveness | OriginTrail is the equivalent of a blockchain search engine. Unlike Google, it focuses on privacy and decentralization. Major companies, including Home Depot, Walmart, Target, and the U.S. Department of Homeland Security, already use OriginTrail’s DKG for factory audit verification. | Fetch uses blockchain and multi-agent systems to build a virtual economy where agents transact without intermediaries. Fetch’s virtual economy has the potential to disrupt traditional intermediaries. It could also revolutionize and change the way people trade goods and services. | SingularityNet leverages blockchain and AI to connect AI algorithmic data to developers, businesses, and users. It also allows developers to monetize their services. Developers have no choice but to utilize this service. Singularity also has the potential to create a self-sustaining AI ecosystem. |
Year of release | 2018 | 2017 | 2017 |
target audience | The project targets companies in the supply chain seeking privacy and transparency. This includes both Web2 and Web3 companies. | The project is aimed at companies and users interested in AI-based products that require little human intervention, such as smart homes. | Developers who want to monetize their services |
conclusion
Each of these projects is profitable. And we have covered a few of them to demonstrate the potential of AI tokens. Please do your own research. However, interest in OriginTrail has been growing recently.
Deposits are currently available @Origin_Trail‘S $TRAC In ~ #BinanceUS!#OriginTrail You can create dApps with search analytics, AI, and machine learning capabilities for any data source such as blockchain, decentralized storage, enterprise systems, and web services.
— BinanceUS 🇺🇸 (@BinanceUS) March 7, 2023
Trac Token It is available on several exchanges, including Binance.US for our US readers. Also, did you know that at Binance US you can get a $500 bonus just for trading? Just click this link.
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disclaimer
Information discussed on Altcoin Buzz is not financial advice. It is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relative to the risk tolerance of the author/reviewer, whose risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of investments made directly or indirectly in connection with the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please exercise caution. This article is sponsored by Fetch AI. Copyright Altcoin Buzz Pte Ltd.