tastycrypto believes the following crypto tokens associated with AI may have great potential in 2024 and beyond: GRT, INJ, ROSE, RNDR, FET, AGIX, OCEAN, FIL, LINK, CTXC and TAO.
Written by: Anatol Antonovici | Updated July 16, 2024
Reviewed by: Mike Martin
Fact checked by: Ryan Grace
Artificial intelligence (AI) is among the most transformative technologies today, and applications like ChatGPT have showcased its widespread impact. The convergence of AI with blockchain technology offers numerous possibilities. Though many AI coins are still in correction territory as of June 2024, this is almost inevitable given their meteoric growth. over the past year.
This article discusses the best AI crypto coins for 2024 and beyond. Let’s go!
Table of Contents
🍒 tasty takeaways
As per Coinmarketcap data as of July 2024, AI crypto coins are a $26 billion+ market.
The most popular AI crypto projects include The Graph, Injective, Oasis Network, Render, Fetch.ai, SingularityNET, Cortex, Bittensor, Render, and Ocean Protocol.
Other popular platforms that embrace AI include Numeraire, Filecoin & Chainlink.
We believe AI is the crucial catalyst blockchains need for widespread real-world adoption. In this article, we’ll explore some coins that could benefit from the rapid advancement of artificial technology.
🍒 To invest in many of the tokens on our list, you’ll need a self-custody crypto wallet. tastycrypto offers self-custody wallets in the form of mobile apps and a browser extension.
AI Coins Summary
| Cryptocurrency | Market Cap | Description |
|---|---|---|
| Chainlink (LINK) | $8.83B | Decentralized Oracles Network |
| Internet Computer (ICP) | $4.52B | Decentralized Cloud Computing |
| Render Token (RNDR) | $2.48B | Distributed GPU Rendering Network |
| Filecoin (FIL) | $2.63B | Decentralized Storage Network |
| Bittensor (TAO) | $2.12B | Decentralized Neural Network |
| The Graph (GRT) | $2.07B | Indexing Protocol for Querying Networks |
| Injective Protocol (INJ) | $2.23B | Layer-2 DeFi Protocols |
| Theta Network (THETA) | $1.54B | Decentralized Video Streaming Network |
| Fetch.ai (FET) | $3.71B | Autonomous Agents Network |
| SingularityNET (AGIX) | $761M | Decentralized AI Services |
| Oasis Network (ROSE) | $628M | Privacy-Enabled Blockchain Platform |
| Akash Network (AKT) | $871M | Decentralized Cloud Computing |
| AIOZ Network (AIOZ) | $545M | Decentralized Content Distribution |
| Ocean Protocol (OCEAN) | $394M | Data Marketplace |
| Golem (GLM) | $360M | Decentralized Computing Power |
| PAAL AI (PAAL) | $219M | AI-Powered Chatbots |
| 0x0.ai (OXO) | $146M | DeFi Security and Compliance |
| iExec RLC (RLC) | $146M | Decentralized Cloud Computing |
| Numeraire (NMR) | $94M | Hedge Fund Structured by Data Scientists |
| ChainGPT (CGPT) | $77M | AI Model Training and Deployment |
| Cortex (CTXC) | $37M | Machine Learning Models on Blockchain |
Top AI Crypto Coins for 2024
Here are the top AI tokens with great potential for 2024 and beyond. It is worth noting that many platforms on our list offer robust APIs, which allow for easy integration across all decentralized applications.
⚠️ SingularityNet, Fetch.AI, and Ocean Protocol are in talks for a potential merger. Read about the “Superintelligence Alliance” here!
If you’d like to learn more about the fusion of AI and blockchain, check out our article. 👇
1. The Graph
- Token: GRT
- Category: Data Indexing and Querying
The Graph is a leading blockchain indexing and data querying protocol that leverages AI technology to improve data accessibility across decentralized networks. You can think of it as the Google of blockchains.
The Graph, however, goes one step further – it simplifies data access by organizing it into subgraphs. Anyone can develop subgraphs to provide applications with indexed blockchain data.
The Graph’s ecosystem is fueled by its native cryptocurrency – GRT.
Source: The Graph
2. Injective
- Token: INJ
- Category: Decentralized Finance (DeFi) and Exchange
Injective is a layer 1 blockchain that enables users to build finance-oriented decentralized applications (dApps) for Web3. It leverages AI and incorporates a high-performance on-chain decentralized exchange (DEX) infrastructure, bridges, oracles, and a smart contract layer, providing a complete finance dApp development kit.
Injective enables classic token swaps, margin trading, and forex futures trading across multiple blockchains.
Its dApps can seamlessly connect with other blockchains like Ethereum, Cosmos, and Solana, enhancing cross-chain interoperability. The ecosystem includes a wide array of dApps, as seen below.
Source: Injective
INJ is Injective’s native cryptocurrency. It is used for governance, validating transactions on the network, as well as incentives for developers.
3. Oasis Network
- Token: ROSE
- Category: Open Finance and Data Privacy
Oasis Network is a layer 1 blockchain network focused on open finance and responsible data economy. It lets users build open finance dApps that prioritize privacy and fairness, giving users control over their data and the possibility to monetize it.
The Proof of Stake (PoS) network has a unique architecture that separates its consensus algorithm and smart contract execution, enabling privacy-focused apps at a low cost.
Since the beginning of 2023, Oasis has been collaborating with AI industry leaders, including Meta, to build the framework for “Responsible AI” to ensure that the technology is developing on the principles of privacy, fairness, and transparency.
Source: Oasis
4. Render
- Token: RNDR
- Category: Distributed GPU Rendering and AI Computation
Render network is a decentralized chain that leverages unused computing power from crypto miners willing to rent out their graphics processing units (GPUs). The platform connects GPU providers with creators.
Artists can leverage the unused GPU cycles for tasks like rendering and streaming digital content, including visual effects, virtual assets, and AI projects.
In July 2023, Render implemented the proposal “RNP-004 – Open Compute Clients” to leverage the network’s computational power for AI and machine learning tasks.
RNDR tokens incentivize GPU providers, ensuring fair remuneration.
5. Fetch.ai
- Token: ASI (formerly know as FET)
- Category: Autonomous Agents and DeFi
Fetch.ai is an AI and machine learning (ML) platform that leverages blockchain. It allows users to develop and deploy AI agents for apps related to decentralized finance (DeFi), transportation, energy management, and other business tasks.
The Autonomous Economic Agents (AEAs) communicate using a common language and can be managed through a web interface.
In 2024, Fetch merged with SingularityNET and Ocean Protocol to form the Superintelligence Alliance. The new entity has its native token with the ticker ASI, replacing FET and the two other tokens.
6. SingularityNET
- Token: AGIX
- Category: AI Services Marketplace
SingularityNET is a decentralized AI marketplace where users can create, share, and monetize AI services. The ecosystem focuses on the development of Artificial General Intelligence (AGI) and the creation of human-level intelligence.
Do you remember Sophia, the robot? It was created by the SingularityNET team members as part of another company.
SingularityNET’s utility token, AGIX, has been used for transaction management and decentralized governance. It is gradually migrating to ASI, a universal token for Fetch.ai, SingularityNET, and Ocean protocol after their merger.
7. Ocean Protocol
- Token: OCEAN
- Category: Data Exchange and Monetization
Ocean Protocol is an Ethereum-based