The token has surged 18% in the last 24 hours after Microsoft announced that the Blockchain AI project plans to invest in the utility token OpenAI.
Microsoft turns to artificial intelligence platforms
The hot news surrounding the artificial intelligence (AI) tool ChatGPT is inspiring a surge in AI-driven tokens in the crypto market. Blockchain AI project SingularityNET led the AI and big data token dashboard on Wednesday, with utility token AGIX rising 18% in the last 24 hours and 80% in the past seven days, according to data from CoinMarketCap.
AGIX’s price hike began Tuesday following news that Microsoft (MSFT) plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT. The price of the token rose as high as 10 cents on Wednesday and is back to 8 cents as of the date of issue.
According to data from CoinMarketCap, the token’s trading volume has increased by 529% in the last 24 hours. Launched in 2018 and rebranded in 2021, the token works on multiple blockchains such as Cardano and Ethereum.
Other tokens related to artificial intelligence and big data have also been on the rise recently. Graph’s native token GRT has risen 15% over the past seven days, and FET, the native token of artificial intelligence platform Fetch.ai, has risen over 60% over the same period. cryptocoin.comAs an example of other AI coins:
- AI tokens:Ocean Protocol, iExec RLC, SingularityNET, Numeraire, dKargo, Phala Network, Cortex, PlatON, Artificial Liquid Intelligence, Covalent, XMON, Sentinel Protocol, VIDT DAO, Vectorspace AI, Streamr, PARSIQ, Measurable Data Token
Cambria (KAT) among the artificial intelligence coins to watch
Kambria is a platform for open innovation in deep technology (AI, robotics, blockchain, VR/AR, IoT, etc.). Through the NFT IP Marketplace and its platforms with DAOs, anyone can work together to develop and market deep technology solutions while their efforts pay off.
Kambria is committed to changing the way we innovate and accelerating the creation and adoption of cutting-edge technology through partnerships with government agencies, elite universities and top businesses.
The Kambria NFT IP Program, this marketplace powered by NFTs, is run by and for developers, and innovators can earn license sales. You can also purchase IP licenses to develop inherited solutions without starting from scratch, saving time and effort while developing products.
Data collector Swash (SWASH)
Swash is a set of tools and services that enable individuals, organizations, and developers to tap into its hidden value by collecting, securely sharing and using data.
People are encouraged to provide their data to earn money while protecting their privacy. Companies can legally and sustainably access high-quality zero-party data. Within a collaborative development framework, developers can easily build and build systems.
Through new incentive streams, creative data monetization techniques, and a collaborative development framework, Swash enables internet users, developers and businesses to advance the new realities of data ownership and revenue generation. These are guided by Web3 principles.
LBRY Credits (LBC) facilitating access to content
A platform called Library Credit (LBRY) aims to make it easier for digital content producers and users to access and distribute content. To be fair, free and accessible to all interested parties, Library Credit uses a decentralized model.
More specifically, the platform operates as a distributed network built on top of a protocol that allows content providers to easily charge users for their material without the need for restrictions or intermediaries. Library Credit uses the idea of a decentralized and distributed network (on multiple hosts) to create a level playing field for all users.
