The fusion of artificial intelligence (AI) and cryptocurrency has sparked significant interest, with various projects leveraging AI technology for innovative applications.
Notable projects include Fetch.ai (CRYPTO:FET), known for its autonomous economic agents facilitating decentralised exchanges, and Render Network, which democratises GPU cloud rendering.
Similarly, The Graph (CRYPTO:GRT) offers decentralised indexing, while BitTensor (CRYPTO:TAO) pioneers a marketplace for AI contributions.
Other projects like Akash Network (CRYPTO:AKT), AIOZ Network (CRYPTO:AIOZ), SingularityNET (CRYPTO:AGIX), and Ocean Protocol (CRYPTO:OCEAN) showcase the diverse landscape of AI-based crypto ventures, each targeting distinct market niches.
Despite the promise of AI in the crypto space, challenges such as centralisation and the "black box problem" persist, needing for careful consideration and mitigation of risks.