10 Best AI Crypto Projects That Actually Use AI

Blockchain, Cryptocurrency, and Artificial Intelligence just seem to go so well together.

The public release of ChatGPT in late 2022 and GPT4 in March 2023 sparked massive interest in the overlap between artificial intelligence and blockchain technology.

For those who are paying attention to both the crypto and AI spaces, there is some serious upside potential smart investments are made now.

Let’s check out the top 10 AI crypto projects that actually use AI in 2024!

This article is provided for informational and entertainment purposes only. It is not intended to be, nor does it constitute, any form of financial advice or recommendations to buy, sell, or hold any investments or financial instruments, including cryptocurrencies.

What are the Best AI Crypto Projects?

The 10 most promising blockchain projects built around artificial intelligence technology in 2024 are:

1. Bittensor

Bit Tensor Logo
  • Bittensor ($TAO)
  • Decentralized AI Network

How Does Bittensor Use AI?

Bittensor is a decentralized artificial intelligence company aiming to revolutionize the way machine intelligence is built and owned.

It uses a blockchain framework to create a network of interlinked digital markets, leveraging computational power and data to generate intelligence.

By employing machine learning models and facilitating open innovation, Bittensor democratizes AI, fostering a bottom-up approach to intelligence creation.

Learn more about my top AI crypto project pick in this Bittensor review.

What is the Use Case for the TAO Token?

The TAO token underpins the Bittensor economy, facilitating transactions and incentivizing participation within its network.

It acts as a bridge connecting clients to a decentralized computing infrastructure, offering services like AI, storage, and compute power.

What is the Bull Case for Bittensor?

The bull case for Bittensor rests on its potential to decentralize and democratize AI across the globe.

By offering an open, equitable platform for machine intelligence creation, it challenges centralized tech giants, incentivizes innovation, and disperses AI’s benefits widely.

2. The Graph

The Graph logo design
  • The Graph ($GRT)
  • Data Indexing and Querying

How Does The Graph Use AI?

The Graph is a decentralized protocol that indexes and queries blockchain data, utilizing artificial intelligence to enhance decision-making and operational efficiency for network participants, like Indexers.

The data service leverages AI features through tools such as AutoAgora for dynamic pricing and the Allocation Optimizer for resource allocation, improving protocol performance and Indexer revenue.

What is the Use Case for the GRT Token?

The use case for The Graph token (GRT) includes paying for querying data on the network, incentivizing protocol participants like Indexers, Curators, and Delegators, and steering the protocol’s governance and economic mechanisms.

What is the Bull Case for The Graph?

The bull case for The Graph centers on the growing demand for decentralized data and the protocol’s capability to provide efficient, reliable access to previously unavailable data.

Continued adoption and the integration of AI tools will enhance network performance, allowing people to do their own research, likely increasing the utility and value of GRT.

3. Akash Network

Akash Network Logo
  • Akash Network ($AKT)
  • Decentralized Cloud Computing

How Does Akash Use AI?

Akash Network is a revolution in cloud computing, offering an open-source, decentralized marketplace.

Through its cloud computing and GPU marketplace, Akash allows AI developers access to cost-effective, scalable, and secure computing resources for AI and ML model training.

Akash democratizes AI development by making GPU and compute resources accessible and affordable to a broader audience, ensuring quicker and more accessible AI model training and deployment.

What is the Use Case for the AKT Token?

The AKT token is essential for securing Akash Network, enabling transactions and value exchange, governance, and incentivizing community engagement through staking and additional rewards.

What is the Bull Case for Akash?

Akash’s decentralized nature addresses the growing demand for secure, transparent, and affordable cloud solutions, setting it up to significantly disrupt the traditional cloud computing industry.

The platform’s innovation, partnerships, and place within the AI crypto narrative position it well for widespread adoption as more people learn about Akash.

Take a deep-dive into Akash Network in my full Akash Network Review.

4. SingularityNET

SingularityNET (AGIX) Ecosystem
  • SingularityNET ($AGIX)
  • Decentralized AI Platform

How Does SingularityNET Use AI?

SingularityNET is a decentralized platform aiming to revolutionize artificial intelligence and blockchain integration.

It addresses AI fragmentation and monopolization by enabling developers to launch, interoperate, and monetize AI tools and AI based projects.

Through its marketplace, users can access diverse AI services using AGIX, the platform’s native token, fostering a collaborative and open AI ecosystem.

What is the Use Case for the AGIX Token?

The AGIX token is pivotal for operations within SingularityNET, serving as the currency for buying generative AI services, staking for network security, and participating in governance, essentially fueling the ecosystem’s economy and decision-making processes.

What is the Bull Case for SingularityNET?

SingularityNET’s bullish perspective hinges on its potential to democratize AI, integrating independent developers into a unified crypto market platform.

Growing AI demand, a decentralized marketplace, innovative projects, and a diverse ecosystem could substantially elevate AGIX’s value as the platform advances towards achieving artificial general intelligence.

5. Render

Photo of a GPU hovering in space from Render website
  • Render Network ($RNDR)
  • Decentralized GPU Rendering

How Does the Render Network Use AI?

Render revolutionizes the GPU-rendering scene by utilizing blockchain technology to connect individuals requiring rendering services with those having idle GPU power.

It is one of the more popular crypto AI projects allowing for distribution and management of rendering tasks, making high-quality, photorealistic image production accessible and cost-effective for various industries like film, gaming, and architecture.

What is the Use Case for the RNDR Token?

The RNDR token powers transactions within the Render Network, linking those in need of rendering computational power with owners of idle GPUs or GPU farms.

What is the Bull Case for Render?

Similar to GPU mining, Render’s aims to repurpose idle GPU resources for productive rendering tasks, creating a new value stream.

As the demand for AI-generated content surges, RNDR’s role in facilitating cost-effective, decentralized rendering services positions it for significant growth and adoption.

6. NumerAI

NumerAI Logo
  • NumerAI ($NMR)
  • Blockchain AI Hedge Fund

How Does NumerAI Use AI?

NumerAI is a pioneering project blending cryptocurrency with data science tournaments, aiming to create a powerful artificial-intelligence-driven hedge fund.

It rewards machine learning and data scientists for developing models that accurately predict stock market movements, utilizing real-world big data sets to revolutionize investment strategies.

What is the Use Case for the NMR Token?

The NMR token, an ERC-20 cryptocurrency, allows participants to stake on their predictive models’ accuracy within NumerAI’s ecosystem, rewarding successful stock market predictions based on the machine learning algorithm.

What is the Bull Case for NumerAI?

NumerAI’s distinctive approach and ambitious goal to become the leading hedge fund leverage its potential for massive adoption and success, particularly during bullish market phases, highlighting its unique position and growth prospects in the crypto space.

7. Fetch.ai

FetchAI Cover Logo
  • Fetch.ai ($FET)
  • Artificial Intelligence Digital Twins

How Does Fetch.ai Use AI?

Fetch.ai is a digital platform that utilizes artificial intelligence to automate internet tasks for users by allowing them to easily deploy digital twins.

These AI-driven digital versions represent users, interacting with other digital twins to perform tasks efficiently, while learning and improving from previous interactions.

This intelligent automation represents a breakthrough in how AI can simplify and expedite online tasks.

What is the Use Case for the FET Token?

The FET token serves as the primary currency on the Fetch.ai network. Users pay in FET to access and utilize the platform’s services, such as automating tasks through their digital twins.

FET tokens can also be staked on the platform, offering staking rewards and encouraging long-term holding and participation.

What is the Bull Case for Fetch.ai?

The bull case for Fetch.ai centers on its innovative use of AI through digital twins.

With surging popularity around artificial intelligence, and Fetch.ai’s adaptability in integrating AI solutions for everyday tasks, Fetch.ai is positioned well for potential widespread adoption and substantial growth.

8. Ocean Protocol

Ocean Protocol Logo
  • Ocean Protocol ($OCEAN)
  • Tokenized AI & Data

How Does Ocean Protocol Use AI?

Ocean Protocol uses AI by facilitating a secure marketplace for data sharing and AI services, enabling data providers and consumers to unlock the value of data without compromising privacy.

It gives AI developers a wealth of datasets for training sophisticated models, driving innovation and efficiency in AI research.

What is the Use Case for the Ocean Token?

The Ocean token is primarily used for buying and selling data services on the Ocean Protocol platform, staking on data assets to signify quality, and governing the Ocean Protocol’s community-driven development and updates.

What is the Bull Case for Ocean Protocol?

The bull case for Ocean Protocol hinges on the escalating demand for data and AI services across various industries.

As businesses and researchers seek access to quality, diverse datasets for AI training and development, Ocean Protocol’s decentralized data exchange platform positions it uniquely for substantial growth, by offering a secure and transparent marketplace.

9. Clore.ai

Clore.ai logo
  • Clore.ai ($CLORE)
  • Distributed Supercomputing

How Does Clore.ai Use AI?

Clore integrates AI to optimize its distributed supercomputing network, helping to manage GPU resource allocation across various tasks such as AI training, cryptocurrency mining, and movie rendering.

The integration of AI by Clore ensures maximum performance and cost-effectiveness for both GPU owners and renters, enhancing user experience and operational efficiency on the platform.

What is the Use Case for the Clore.ai token?

The primary use case for Clore involves leveraging its ecosystem for high-performance GPU computing needs, where users can rent or lease GPU power for tasks like deep learning model training, crypto mining, and professional-grade rendering.

Clore coin serves as a utility token within this ecosystem, facilitating transactions, rewarding GPU owners, and offering discounts through its Proof of Holding system.

What is the Bull Case for Clore.ai?

The bull case for Clore rests on the growing demand for accessible, high-performance GPU computing across industries like AI development, gaming, and blockchain.

As Clore continues to expand its network and platform capabilities, including features like Proof of Holding and secure cloud services, it positions itself as a key player in decentralized computing.

10. Arkham

Arkham Logo
  • Arkham ($ARKM)
  • AI Blockchain Deanonymization

How Does Arkham Use AI?

Arkham leverages AI through its proprietary algorithmic engine known as Ultra, to systematically analyze and deanonymize blockchain transactions.

This process identifies real-world entities behind blockchain activity, enabling detailed insights and analytics about their behavior.

What is the Use Case for the Arkham token?

Arkham’s primary use case is to provide crypto intelligence by deanonymizing blockchain transactions, offering users comprehensive insights into the behaviors and identities of entities within the blockchain space.

This facilitates improved market analysis, regulatory compliance, and risk assessment, serving investors, companies, and regulatory bodies alike.

What is the Bull Case for Arkham?

The increasing demand for transparency and accountability from regulators in the blockchain and crypto markets fuels the bullish case for Arkham.

As the space gravitates towards greater regulatory scrutiny and market participants seek deeper insights, Arkham’s advanced AI-driven analytics and deanonymization capabilities position it as a potentially pivotal tool for market intelligence and compliance.

Wrapping Up

The integration of artificial intelligence crypto projects is bringing in an exciting new era of technological innovation.

As demonstrated by the projects in this article, the combination of these two technologies is set to further pave the way for decentralized AI crypto coins, including their specific services and marketplaces.

While still early, the potential for AI crypto projects to disrupt major industries through automation, predictive analytics, and optimization is immense. It’s already having an impact in the form of AI trading apps in the trad-fi sector.

However, the biggest challenges may lie within scaling, competition, and the need for user adoption .

For investors, these projects offer sizable upside but also carry risks inherent to emerging technologies and the cryptocurrency space. Thorough due diligence is key.

As AI crypto projects increase in popularity in the coming years, we might want to get ready to see exponential growth in this space.

AI Crypto Projects FAQ

What are AI crypto coins?

AI crypto coins are digital assets that represent investment or operational stakes in blockchain projects integrating artificial intelligence technology. These coins often fuel the ecosystems of AI-driven platforms, enabling transactions, governance, and incentivization mechanisms.

How do validation nodes work in blockchain technology?

Validation nodes are critical components of blockchain networks, responsible for verifying the legitimacy of transactions and adding them to the blockchain. They ensure data integrity and security, playing a pivotal role in sustaining the decentralized nature of blockchain technology.

Can AI cryptocurrencies truly secure data?

AI cryptocurrencies, through the employment of advanced encryption techniques and decentralized structures, enhance data security. AI can predict and mitigate potential security threats, ensuring data is securely stored and transmitted within blockchain networks.

What are the benefits of integrating AI with blockchain?

Integrating AI with blockchain can optimize decision-making, automate tasks through smart contracts, enhance data security and privacy, and improve efficiency in transactions and validation processes. This integration holds the promise of more intelligent, autonomous, and secure systems.

How can AI crypto projects disrupt industries?

AI crypto projects have the potential to disrupt industries by automating complex processes, providing predictive insights, creating more efficient supply chains, and personalizing customer experiences at scale. Key sectors include finance, healthcare, logistics, and entertainment.

Are investments in AI cryptocurrencies risky?

Investments in AI cryptocurrencies, like all cryptocurrency investments, carry certain risks due to market volatility, regulatory changes, and the emerging nature of the technology. Potential investors should conduct thorough research and consider their risk tolerance before investing.

How can one participate in AI crypto projects?

Participation can vary from simply investing in AI crypto coins to actively engaging in the ecosystems of these projects as developers, validators, or users of the platform’s services. Contributing computational resources or participating in governance through token staking are also common ways to get involved.

What are the challenges facing AI crypto projects?

AI crypto projects face challenges including scalability, interoperability among different blockchain systems, regulatory uncertainties, competition from established tech giants, and the continuous need to secure user adoption and trust.

What future developments can we expect in AI and blockchain integration?

Future developments may include more personalized AI services running on blockchain, enhanced security features through machine learning algorithms, wider adoption of decentralized AI services, and novel governance models facilitated by the convergence of AI and blockchain technologies.

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