As AI begins to take over the technology world, crypto-based services are also starting to capitalize on its innovative capabilities. They offer users services that seemed impossible before and skillfully combine this with the use of digital coins. In this article, we will tell you about such advanced services and cryptocurrencies that they rely on.
Ocean Protocol (OCEAN)
Ocean Protocol is a decentralized data exchange that makes it possible for people and organizations to share their data with those who can use it most effectively. The goal is to create a market for data, where individuals and companies can trade their data in exchange for tokens, which they can then spend on other datasets.
The main idea behind Ocean Protocol is that the world’s oceans are like an ecosystem: vast and complicated, but full of opportunity for those who know how to navigate it well. And just as our oceans are filled with different kinds of fish, there will be many different kinds of data available on Ocean Protocol.
SingularityNET (AGIX)
A decentralized marketplace for AI services allows developers to create, share and monetize AI services at scale. It’s designed to be an open and accessible market where anyone can buy and sell AI algorithms with no barriers to entry. The network is powered by an internal cryptocurrency called AGI tokens.
SingularityNET was founded by Dr. Ben Goertzel, who is also the CEO of the company. He has been involved in the development of artificial general intelligence (AGI) since 2002 when he created OpenCog, one of the most advanced AI software platforms in existence today.
Fetch.ai (FET)
Fetch.ai is a blockchain-based platform that uses artificial intelligence (AI) to facilitate the development of smart contracts. The idea here is to create a decentralized network where autonomous agents can work together to build, execute, and maintain smart contracts.
Fetch AI – a company founded by artificial intelligence expert Dr. Michael Kent and former Google employees Dr. Toby Walsh and Liraz Siri, developed the platform. It’s designed to allow anyone with an internet connection to join the network as an agent or developer, without having to learn any new programming languages or frameworks.
Numeraire (NMR)
Numeraire is a cryptocurrency that was created in 2018 by Numerai, an AI hedge fund. It is used to pay data scientists for their work with Numerai on projects like developing new machine-learning algorithms and making predictions about the stock market.
The coin is called NMR and acts as a form of currency for users who submit their work to Numerai’s platform, which is then rated by other users. The best contributors are paid in NMR tokens, which they can then cash out or keep as an incentive to continue contributing.
DeepBrain Chain (DBC)
DeepBrain Chain is a neural network allowing data providers and data requesters to connect through a decentralized, blockchain-powered marketplace. It aims to reduce the high cost of AI computing power and to promote a fair sharing of profits between participants in the AI industry.
In addition to its primary function as an exchange for computing resources, DeepBrain Chain also provides a way for users to create their own AI platforms and applications, then share them with other users around the world. This allows developers to save time by using existing apps instead of having to build new ones from scratch.
