Robert Steinadler, a month ago
ChatGPT has been the most exciting thing in the last couple of weeks, and it seems that this has also affected the crypto market. AI and big data are not only short-term trends, but both are technologies that will shape the future drastically.
Which AI coins are hot right now, and why is it important to keep an eye on them this year?
Artificial intelligence is maybe the most important topic that will shape the future of the next 20 years. Computers are getting better at doing complex tasks, and drones, as well as robots, help them to reach out to the physical world.
Like to surveil the traffic on the highway and adjust speed limits to the current traffic? Just install cameras along the road, and AI will do the job. Need to secure the building of your company at night? How about some drones that patrol the area and rooms, circling in shifts and only returning to their base stations to get recharged?
The best part is that AI can already do all this and more. It is not a question if this is going to happen, but when it is going to happen. An important piece of AI is big data. To learn new things and improve, AI needs to be fed with lots of reliable data and computing power.
The Graph is an indexing protocol for querying blockchains and networks. This includes but is not limited to Ethereum and IPFS. It provides crucial infrastructure because anyone can build and publish open APIs that make data more accessible.
Even though the Graph and the GRT token are not directly linked to AI, the price profited heavily within the last seven days due to the link between AI and big data.
Ocean Protocol is heavily involved in AI by providing a data marketplace for selling data to improve AI models. It is even possible to access private data through that marketplace. While buyers can bask in valuable resources for AI modelling, users can sell their data and even their own AI models.
OCEAN was one of the top gainers last week, with a 36 % gain within the last seven days. Should AI become a long-term trend in crypto, then it might be a good idea to keep an eye on Ocean’s marketplace and check if it will become a success story.