Tuesday, October 3, 2023

Analysts point to 7 AI-powered cryptocurrency projects to watch out for

Artificial intelligence (AI), a technology that enables systems to perform tasks that would normally require human intelligence, is playing an increasingly important role in many industries.

In the cryptocurrency market, AI drives innovation ranging from improving transaction efficiency to creating new decentralized ecosystems. By combining the ability of AI to process massive amounts of data with the decentralization and security of cryptocurrency, these projects are shaping the financial and technological future.

“As AI continues to shape opportunities in the cryptocurrency market, these projects illustrate the convergence of advanced technology and decentralized finance. With the promise of greater efficiency, scalability, and security, the partnership between AI and cryptocurrencies is redefining the global future of finance,” said Marcos Lustosa, Marketing Manager of CoinEx BR.

CoinEx experts highlighted seven cryptocurrency projects utilizing technology that investors should keep an eye on:

The graphic (TRB):

The project is an Indexing protocol that allows querying data from blockchain networks like Ethereum and IPFS. This is critical to the functioning of DeFi applications and the broader Web3 ecosystem. By using AI to quickly index and search information across complex blockchains, The Graph makes it easier to analyze and interact with decentralized data, driving innovation in the crypto space.

Injective (INJ):

The token challenges the paradigm of traditional currency exchange The goal is to create a fully decentralized exchange powered by public networks. The INJ project is the engine of this operation and aims to ensure that decision-making is distributed among token holders. AI can help settle transactions efficiently and identify trading opportunities in real-time, which could contribute to a leaner, more decentralized trading experience.

The Render Network (RNDR):

It is an Ethereum-based distributed GPU rendering network. The project uses blockchain technology to connect artists and studios that need GPU computing power to GPU resource providers through leasing. AI can optimize computational resource allocation and ensure GPU resources are used efficiently and cost-effectively for complex rendering tasks.

SingularityNET (AGIX):

A blockchain platform that democratizes access to AI services. By creating a global marketplace for affordable AI services powered by the AGIX token, the platform enables individuals and companies to create, share, and monetize AI solutions. AI plays a central role in this: it helps users find the AI ​​services that best meet their needs and drives innovation in various areas.

Oasis Network (ROSE):

Oasis Network is a privacy-focused Tier 1 blockchain built for open finance and a responsible data economy. Through the use of AI, Oasis Network aims to maintain the privacy of user data while facilitating the development of scalable, decentralized finance applications. This is important to protect users’ confidential information and ensure confidentiality amid rising privacy concerns.


This is a platform that connects IoT devices and algorithms to enable collective learning. The project aims to use AI to solve decentralized problems and advance the development of machine learning and AI solutions. By optimizing device connections and cross-algorithm collaboration, Fetch.ai opens the door to a new era of intelligent, autonomous devices.

Origin Trail (TRAC):

It is a Web3 infrastructure that combines a knowledge graph with blockchain, to create a neutral and inclusive ecosystem. The OriginTrail network uses AI to facilitate data connectivity across blockchains. The aim is to enable a secure and reliable exchange of information. Combining a knowledge graph with the decentralization of blockchain provides a strong infrastructure to drive collaboration and innovation.

World Nation News Desk
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