One of the transformative technologies of the coming decade is thought to be artificial intelligence (AI). It has the potential to fundamentally alter how the world does business, speed up the development of new technologies, and enable the development of social and financial networks of a kind never before possible.
The crypto industry is currently experiencing the AI revolution. We’ll go through 8 of the top AI crypto tokens for 2023 in this article, along with an explanation of how AI crypto operates.
- Meta Masters Guild (MEMAG) will be the best overall AI cryptocurrency.
Blockchain technology has been leveraged by Meta Masters Guild (MMG) to provide gamers with a platform that AI would be envious of. By converting P2E into a play-and-earn platform that compensates players for participating in in-app activities, supporting the ecosystem, and winning tournaments, this ecosystem has revolutionized gaming.
MMG is collaborating with leading game developers to provide highly interactive and engaging games that keep players coming back for more. Players gain from this since there are more chances to earn rewards and the system benefits from their continued contributions.
To start, this ecosystem will offer three games to mobile players. It will then grow the platform by adding more games and offering incentives in the form of currency Gems.
Gems can be used by investors to purchase NFTs or turn them into $MEMAG tokens that can be traded for other cryptocurrencies.
You may learn more about this ecosystem by reading the thorough whitepaper from the Meta Masters Guild. To receive the most recent updates, join the Telegram channel.
Investors have a chance to take part in the $100,000 token giveaway through MMG. Investors must have at least $150 worth of $MEMAG tokens on the drawing day to be eligible to win.
The presale for $MEMAG tokens is currently accelerating and has already sold more than 50% of its available supply in under three weeks.
Token prices are currently $0.019 in stage 5, however, they will eventually rise to $0.023 in the seventh and final stage before being traded on exchanges.
The greatest time to get $MEMAG tokens is right now, allowing investors to acquire a rising asset that drives an ecosystem that offers rewards and a dreamlike gaming experience.
- Fetch (FET) — Popular AI Using Agents to Create Generous Profit
One of the top new cryptocurrencies of 2023 is fetch.ai. This blockchain-based platform develops what it refers to as “autonomous economic agents” through the use of AI and machine learning. These representatives work on behalf of people to make money in a variety of ways.
A crypto trading robot on a decentralized exchange like Uniswap is an example of an autonomous economic agent in operation; the agent can buy and sell bitcoin to make money for its owner. As an alternative, these agents can be used to automatically conduct transactions and collect fees or to transmit data across devices.
The power of Fetch comes from its adaptability. Future decentralized marketplaces may be built on the foundation of autonomous economic agents, and the Internet of Things may benefit from their connectivity.
The blockchain used by Fetch.ai combines procedures for validating transactions using proof of work and proof of stake. The FET tokens that blockchain miners receive in exchange for verifying transactions can be used to pay for the use of autonomous agents operating on the Fetch network.
One of the top artificial intelligence (AI) cryptocurrency coins, FET, was just listed on eToro, one of the most respected and well-regulated cryptocurrency exchanges in the market that doesn’t list projects with a lack of transparency. It has since developed into one of the top-performing AI cryptos.
- Numeraire (NMR) — A Crypto AI Hedge Fund for the Stock Market
A San Francisco-based hedge fund called Numerai is powered by Numeraire, an original AI cryptocurrency. Instead of hiring paid stock analysts, Numerai uses forecasts about the stock market from NMR token holders.
Holders of NMR may forecast one or more stocks each week. Users can build a prediction using any metrics they like, then send Numerai a ticker symbol and target price. AI is used by Numerai to analyze all user predictions and place wagers in the real world on the most likely outcomes.
Those that submit predictions are required to wager money on them. They receive recently created NMR tokens if they are correct. Should they be incorrect, their staked NMR is destroyed.
NMR owners may also use the platform’s AI prediction algorithms to check which stocks are being gambled on and even utilize Numerai to guide their stock trading.
NMR is one of the finest AI crypto coins to buy at the time of writing because of a 35% increase in the past month.
- Cortex (CTXC) — AI Crypto Coin for AI-enabled Smart Contracts
A new cryptocurrency initiative called Cortex, which is based on Ethereum, promises to give smart contracts AI functionality. Users can purchase AI models using Cortex and add them to smart contracts.
That makes feasible a great deal more functionality than is currently achievable with Ethereum’s smart contracts. Play-to-earn crypto games, crypto loans, and AI-governed stablecoins could all be implemented utilizing AI-powered decentralized applications (dApps) developed on the Cortex network.
The Cortex Virtual Machine, which is driven by networked GPU processors rather than CPU processors to offer higher processing capacity, runs AI functions.
Using Cortex, developers can create their own AI algorithms that they can then sell for CTXC tokens.
More developers are encouraged to join Cortex and produce a wider variety of AI models for dApps as the value of the CTXC token increases.
- Velas (VLX) — Promising Crypto Coin on an AI-powered Blockchain
A successful cryptocurrency called Velas was created using a fork of the Solana blockchain. The way that Velas uses AI to validate blockchain transactions sets it apart from other solutions.
The Artificial Intuition Delegated Proof of Stake (AIDPoS) technology used by Velas allows for up to 30,000 transactions per second without sacrificing security. As a result, it ranks among the quickest blockchains now in use.
VLX is one of the greatest Web 3.0 coins since the Velas blockchain is now the home for Ai-based dApps and Web 3.0 applications.
The native VLX cryptocurrency serves as both a governance token and a payment method on the Velas network.
Via the AIDPoS validation method, VLX can also be staked, allowing token owners to profit from their coins.
- Ocean Protocol (OCEAN) — AI Cryptocurrency for Exchanging Big Data
An AI cryptocurrency called Ocean Protocol (OCEAN) was created to make it easier for data suppliers and AI model developers to trade large datasets. The platform allows data providers to generate money from their data while also making it considerably simpler and less expensive for developers to obtain the datasets they want to train and execute their models.
The tokenizing dataset is a feature that the platform offers. They may easily be appraised, bought, or sold after being tokenized.
Each data token grants access to a dataset and can be stored in a cryptocurrency wallet. Although it’s not required, the data itself can be kept on the Ocean Protocol blockchain.
The native cryptocurrency of the Ocean Protocol network is the OCEAN token. It serves as the means of exchange for the purchase and sale of data tokens.
One of the greatest AI crypto coins is OCEAN because it can be staked, generating market liquidity for particular datasets. OCEAN token holders who stake tokens receive 0.1% of the fees generated by a dataset.
- SingularityNET (AGIX) — An Online Marketplace for AI Algorithms
The online marketplace SingularityNET is devoted to the buying and selling of AI algorithms. This decentralized market’s objective is to link companies looking to implement AI algorithms to cut costs and enhance operations with researchers who are developing AI apps and want to monetize them.
The marketplace on SingularityNET initially supports AI algorithms in three different fields: cloud robotics, medicinal research, and cybersecurity. The SingularityNET team eventually intends to add more categories and potentially utilize AI to match buyers and sellers on the marketplace automatically.
In ingularityNET, transactions are mediated by human actors. To join the network, these agents must stake the platform’s native AGI cryptocurrency, which they risk losing if customers give them bad reviews. AGIX is also used as a governance token to decide the direction of SingularityNET as well as to pay for network transactions. Read our article right away to find out how to purchase SingularityNET cryptocurrency in 2023.
AGI is also regarded by some as one of the top ERC-20 tokens.
- dKargo (dKA) — AI Crypto for More Efficient Logistics
In 2020, after the COVID-19 epidemic halted supply chains worldwide, the AI cryptocurrency dKargo was introduced. The goal of this decentralized platform is to employ AI to improve logistics and save costs.
Holders of dKargo tokens can trade logistical services in a secure environment. This makes it simpler for anyone to combine services from various logistics providers, resulting in the creation of unique supply chains that could be more practical to implement using the current shipping and receiving networks.
The dKargo platform is built on the cryptocurrency token DKA. It may be used to pay for logistical services on the network and also acts as the dKargo ecosystem’s governance token.
To offer their logistics services on the dKargo platform, service providers must additionally stake DKA.
Update: RLC and BEEP have recently been among the most popularly trending AI cryptocurrency currencies.
AI Crypto Explained
A relatively young subset of cryptocurrency initiatives, AI crypto aims to combine blockchain and artificial intelligence. The greatest AI crypto projects take a variety of techniques, from enabling marketplaces for AI as a service for app developers to directly integrating AI into blockchain validation procedures.
The usage of AI for cryptocurrencies, blockchain applications, and Web 3.0 projects is advanced by all the top AI crypto coins.
Blockchain technology with AI integration may be able to support dynamic smart contracts, automated transactions, quicker processing times, and more.
How Do AI Cryptos Work?
Because this category is so vast, each AI cryptocurrency is a little bit unique. Others use AI for specialized purposes like processing huge data on the blockchain and generating predictions, while some AI cryptos are focused on building a marketplace for buying and selling AI algorithms. Future AI multiverse crypto initiatives that employ AI to produce more engaging experiences in virtual worlds are another thing we may anticipate.
One thing to remember is that because AI is so adaptable, AI cryptosystems can support a wide range of potential applications.
Are AI Cryptos a Good Investment?
Particularly when integrated with blockchain technology, AI is a rapidly expanding topic with a lot of potentials. According to Cortex, the market for AI algorithms could one day be worth $1 trillion.
Investors should be wary of such claims, but there is probably a sizable market for AI technology in cryptocurrencies. With several hundred percent surges in January 2023, Fetch has now grown to have a market cap of more than $200 million since the time this report was written. AI cryptocurrency coins are the talk of the town and are even predicted to be the next major crypto story and the start of a new bull run.
Investors must carefully consider if a project is likely to succeed and whether the given token is a long-term cryptocurrency investment when assessing cryptocurrency AI projects, nevertheless.
Projects should have a strong development team; for AI projects, this usually involves programmers with experience in both massive data management and artificial intelligence. The solutions that an AI project is offering should also be needed.
Ultimately, there is a lot of promise for the greatest AI crypto coins. The development of AI on the blockchain is expected to be a factor in the path that the cryptocurrency ecosystem takes in the future, and the projects we have identified may play a significant role in this.
Conclusion
The capabilities of AI and blockchain are being combined in AI crypto coins and initiatives to spur more innovation in the cryptocurrency industry. Notwithstanding the potential of these AI cryptocurrency initiatives, we believe investors will also be drawn to Meta Masters Build, the most exciting project in 2023.
During its cryptocurrency presale, investors have a brief window of opportunity to invest in Meta Masters Guild. To invest, look into these platforms right away!
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