People are always coming up with new ideas for cryptocurrencies, so the field is always changing. Bringing together these two technologies is especially exciting when it comes to artificial intelligence (AI), which will lead to smarter blockchain solutions in the future. This time, we’ll talk about “3 Best AI Crypto Projects to Check in Bull Run 2024.
When people in the cryptocurrency community talk about a possible bull run in 2024, they are looking for AI-powered projects that look good and have a lot of room to grow. These three projects stand out because they have strong foundations and unique approaches.
Top 3 AI Crypto Projects for the Potential 2024 Bull Run
1. Fetch.AI (FET) – Building a Decentralized Machine Learning Network
In the future, Fetch.AI (FET) wants to see a global, decentralised network where AI bots can easily talk to each other and work together. AI agents can share data and learn from each other through this network, which is based on the InterPlanetary File System (IPFS). It makes contact between AI agents safe and clear.
Here’s what makes Fetch.AI stand out:
- Open-source and permissionless: Everyone can add to the network and make AI apps using the Fetch.AI framework because it is open source and doesn’t require permission.
- Autonomous Economic Agents: Fetch.”Autonomous Economic Agents” (AEAs) are what make AI so new and original. They are smart software programmes that can negotiate and carry out transactions on their own. They can represent people, businesses, or even real assets on the network.
2. Ocean Protocol (OCEAN) – Democratizing Access to AI Data
Information is what AI growth is all about. Many times, though, ownership rights and privacy issues make it hard to get to high-quality data. A decentralised data store called Ocean Protocol (OCEAN) is how this problem is solved.
The Ocean Protocol makes the AI environment stronger in these ways:
- Secure and Transparent Data Exchange: The platform uses blockchain technology to make sure that data transfers are safe and clear. Individuals who share important datasets can control who can see them and get fair payment for doing so.
- AI and ML Model Sharing: It also makes it easier to trade AI models that have already been trained. Therefore, developers can use strong models and speed up the process of coming up with new ideas.
3. SingularityNET (AGI) – Fostering a Collaborative AI Ecosystem
AI services and tools will be sold all over the world through SingularityNET (AGI). That big project wants to create a network where AI writers can share and make money off of their work. This will encourage them to work together and speed up the progress of Artificial General Intelligence (AGI).
SingularityNET is an interesting project because of the following:
- Open-source Framework: In SingularityNET’s open-source system, developers can use it to create and use their own AI apps on different blockchains.
- Community-Driven Governance: Community members can vote on important decisions about the network’s future growth through a decentralised governance model used by the project.
Conclusion: A Look Ahead
This three AI crypto projects are laying the groundwork for a future where blockchain and AI come together to make powerful new apps, but it’s still too early to tell if a possible 2024 bull run will happen.
There are risks that come with investing in any cryptocurrency, so it’s important to do a lot of study. On the other hand, these projects are great for people who want to learn more about the exciting overlap of AI and blockchain. I hope you get all information about “3 Best AI Crypto Projects to check in Bull run 2024”.
Disclaimer: Please keep in mind that this article is not financial advice as you read it. Before you decide what investments to make, you should talk to a skilled financial expert.