Best AI Crypto Coins to Buy – Invest in Artificial Intelligence

AI crypto projects and native tokens are surging as traders expect artificial intelligence to be the next big thing in blockchain, following the rise of OpenAI’s ChatGPT, generative AI, and other machine-learning technologies. Future cryptocurrencies could potentially find a central application in artificial intelligence, already finding a use case in emerging technologies such as self-driving vehicles and chess-beating AI bots.

AI coins are expected to boost the total crypto market cap, already pumping in early 2023 – FET coin, for example, spiking over 200% in January alone. The AI crypto sector has grown rapidly, attracting interest and investment worldwide.

When AI and blockchain technology merge, the sky is the limit. In this article, the top 10 AI cryptos will be discussed in-depth, and everything you need to know about this topic to help you decide whether or not you should invest in AI crypto coins in 2024.

The Top AI Crypto Coins to Buy in 2024

Reviewing the Best AI Cryptos to Invest In & Where to Start

AI is all the rage in 2024, and as each passing day goes by, the use cases of this powerful technology are only expanding. The development of artificial intelligence is anticipated to have a significant effect on the expansion of the crypto industry as well. The crypto industry has expanded rapidly over the past few years, drawing in customers from all corners of the globe, and at the time of writing, AI crypto coins are in the limelight.

Keeping that in mind, let’s take a deeper dive into the top AI crypto coins of 2024. 

Fetch (FET)

Fetch.ai is a research lab dedicated to artificial intelligence (AI) that was established in 2017 and debuted in March 2019 via an initial exchange offering (IEO) on Binance. Because it uses autonomous AI to carry out operations that use its global data network, Fetch.ai helps democratize access to artificial intelligence by providing a cryptographic protocol network upon which anybody may join and access safety information.

Use cases that form the foundation of the Fetch.AI model include improving intelligent energy grids, DeFi trading platforms, travel, transportation networks, and almost any other complicated digital system that uses large-scale datasets.

FET, which is Fetch.ai’s utility token, is used in the platform’s smart contracts and oracles, and it was developed to develop, locate, train, and deploy digital twins.

Users may create and launch networked copies of their digital twins using FET. When using FET tokens, developers get access to a suite of machine learning-based utilities that enable the training of an independent digital twin and the deployment of collective intelligence throughout the network.

The staking of FET tokens enables validation nodes, which improves the network’s reliability and validity.

This popular AI crypto token is listed on eToro.com, a social trading platform where investors can connect with other traders interested in AI cryptocurrencies.

FET has been among the top trending cryptos on CoinMarketCap in 2024 with its strong price performance.

Jacob Crypto Bury also covered Fetch last month, exploring its potential in the long-term.

Buy Fetch.ai

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iExec RLC (RLC)

When it comes to blockchain-based distributed systems, iExec is the market leader. Blockchain is used to set up a distributed market infrastructure to facilitate the sale of computer resources, apps, and even data sets.

This is achieved by making available a pool of remote servers that may be accessed whenever needed. iExec’s versatility means it may be used to support software in many different industries, including but not limited to big data, healthcare, AI, rendering, and finance. On October 16th, 2016, IExec was established to develop a brand-new approach to cloud computing.

Accordingly, iExec uses XtremWeb-HEP, a freely available desktop matrix program that implements capabilities like multi-users, multi-applications, deployment of digital pictures, fault-tolerance, data management, private infrastructure, security, and much more.

Providers of computational resources form the backbone of the iExec network. The iExec Workers are what you’re looking for. Users in this workforce can connect their computers to the network and earn RLC tokens in exchange for their efforts.

Through iExec, app developers may charge for access to their algorithms, and data owners can make their essential datasets accessible to the public. Proof-of-contribution (PoCo) is a consensus mechanism that enables agreement in the off-chain computation. This proof-of-contribution allows third-party resource suppliers to have the blockchain attest to how their resources were used.

Built entirely on the Ethereum blockchain, iExec provides DApps with simple, scalable, and secure access to servers, databases, and computational resources, as well as enabling a Virtual Cloud Infrastructure that can deliver high-performance computing services on demand.

Therefore, iExec facilitates low-cost, high-performance computing via decentralized cloud architecture, essential for the new breed of blockchain-based distributed apps. As a result of a dispersed cloud making it simpler to use equipment, data centers can have a far more significant impact on the environment.

Buy RLC

Ocean Protocol (OCEAN)

To simply unleash the worth of their information and begin monetizing it, people and organizations may utilize Ocean Protocol. This blockchain-based ecosystem uses data tokens built on the ERC-20 standard.

With Ocean Protocol, publishers may make money from their data without giving up control, and users can gain access to datasets that were previously inaccessible or difficult to locate. Find these datasets on the Ocean Market and buy, use, or resell them as needed.

Ocean Protocol uses data tokens to represent each data service, which may then be used to encapsulate a dataset or compute-to-data service, allowing for the data to be accessed by third parties for processing without leaving the publisher’s private sandbox.

To vote in community elections and staking data, as well as for buying and selling data on the Ocean Market, the OCEAN utility token is the primary medium of exchange. An OCEAN-data token AMM pool regulates the market price of data tokens by reacting to supply and demand when the token is traded on the open market.

By enabling anybody possessing desirable datasets to tokenize them and make them available on the Ocean Market, Ocean Protocol makes previously unavailable data easily accessible. Data publishers benefit from a new source of revenue, and academics, analysts, and the general public all get better access to data. 

Companies can use the resources provided by Ocean Protocol to construct and release their own data marketplaces by forking the Ocean Protocol or utilizing the Ocean Protocol React hooks. In addition, it supplies a wealth of materials to aid in this procedure.

OCEAN token holders may stake their tokens on datasets on the Ocean Market and take part in the data token economy directly. Once an OCEAN-data token pool has been chosen, the “stakes” of that pool become liquidity providers in that pool in exchange for a share of the pool’s transaction fees.

Check out our list of other best ERC-20 tokens to buy.

Buy Ocean

SingularityNET (AGIX) 

SingularityNET is a blockchain-based platform that facilitates the creation, distribution, and monetization of AI services by making an open, decentralized, and global AI marketplace available to everyone.

SingularityNET’s native utility token, AGIX, may be used to shop for, try out, and buy a wide selection of artificial intelligence services. An additional benefit of the market is that it provides a venue for AI tool developers to promote and sell their products while also readily monitoring their progress and sales.

Sophia, the world’s most dynamic robot, was developed by the pioneering team at SingularityNET. Sophia’s complete linguistic comprehension is a significant aim for SingularityNET, and the team also plans to keep working on OpenCog, an AI framework with the potential to reach “advanced general intelligence,” or AI on par with humans.

The platform was unveiled in 2017, and in December of the same year, it conducted an initial coin offering (ICO) that raised $36 million in a minute.

SingularityNET is the first marketplace that allows customers to try out any AI service before paying for it, and it makes it simple for programmers to offer their AI tools and libraries. 

In addition, SingularityNET’s Request for AI (RFAI) portal connects those needing specialized AI services with SingularityNET’s vast community of AI specialists. This solution enables clients to quickly and easily commission a new AI tool while allowing developers to earn AGIX tokens for their efforts.

SingularityNET’s growth has increased the AGIX token’s practicality. SingularityNET’s SNEP function, which allows AGIX investors to vote on proposed network infrastructure improvements, went live in October 2020. Nonetheless, in March 2020, a staking function allowed token holders to wager their tokens in exchange for a return. 

SingularityNET and Hanson Robotics have just launched an Awakening Health collaborative venture to create healthcare devices that use artificial intelligence. Grace, a humanoid medical assistant, is the company’s debut offering.

Check out our list of the best utility tokens that provide similar benefits.

Velas (VLX)

Up to 75,000 transactions per second may be handled immediately on the Velas Blockchain, which also boasts the industry’s best level of security and costs nearly nothing to use. 

Velas Ecosystem is a collection of decentralized goods constructed on top of its chain to showcase the convenience of using decentralized, open-source products. 

The following features make Velas one of a kind:

• Economic and Speedy Transactions – very effective output at a relatively small investment.

• EVM fully supports all Ethereum-based decentralized applications (dApps) and smart contracts.

• Velas Account – Without compromising user security, they have developed a password-free approach that makes it just as easy to use blockchain-based apps as it is to use Google or PayPal.

• MicroApps – It is planned that Velas will soon be able to offer cross-platform decentralized apps where the code (logic) and user interface are kept in an immutable distributed ledger.

• Access Management – a distributed authentication and authorization system that gives users a choice over which encryption methods are used to secure their IPFS data.

• Velas Wallet – cryptocurrency wallet that supports many currencies and has staking capabilities.

• Velas Vault – Innovative means of safekeeping confidential information and passwords. This opens the door for many applications, such as decentralized custody solutions for assets on other blockchains, such as Bitcoin, Ethereum, the ERC-20 token standard, and many more.

VIDT DAO (VIDT) 

Open source platform VIDT DAO offers verifiable trust throughout the whole Web3 ecosystem. The VIDT DAO Web3 platform establishes trust in procedures by verifying all relevant information and records using the most advanced public blockchain and timestamp technology. 

Digital assets such as certificates, sensor data, and firmware may be registered and time-stamped using the VIDT DAO open-source technology available to any Web3 developer or user.

In recent years, several well-known businesses, including Procentec, Nyenrode, AmSpec, DeGO, IBM, and Amsterdam Vintage Watches, have benefited from VIDT Validation Tech. 

For verification purposes during a transaction, the VIDT utility token is utilized. The file hash, timestamp, and blockchain address are recorded when a transaction is executed. VIDT is active on the Ethereum (ERC-20) and BNB (BEP-20) blockchains (ETH). The VIDT DAO is an open, community-driven, third-generation blockchain validation environment.

Data provenance, ownership changes, and fraudulent activity may all be recorded and tracked thanks to the VIDT DAO technology built for blockchain storage. 

The public may view and verify any chain of custody on the decentralized ledger (blockchain). The protocol allows users to securely store encrypted data on the blockchain via the project’s API, which can be accessed from languages like Python, JS, and Java.

For the purposes of IP protection through time stamping and enabling the sale of digital assets through quick and cheap transactions, VIDT technologies are favored by developers. 

A cloud service related to the VIDT API, which is interoperable with significant computer languages, is available to organizations and individuals that create files, data, and digital art. In short, it’s a cheap and easy method to start utilizing the VIDT DAO infrastructure.

The VIDT DAO brilliant contract tracks which issuer linked a file and saved the file hash in an encrypted format. The blockchain stores only encrypted fingerprints of files, which ensures data privacy and satisfies the General Data Protection Regulation.

Cortex (CTXC)

Cortex is a public, peer-to-peer blockchain network that enables users to submit and run Artificial intelligence systems on the distributed system. 

Cortex is an open-source AI platform that makes it simple to incorporate models into smart contracts and develop AI-enabled decentralized apps, aiming to democratize artificial intelligence (DApps).

That paves the way for much more flexibility than what’s currently available in Ethereum smart contracts. Many use cases exist for decentralized applications (dApps) driven by artificial intelligence (AI) developed on the Cortex network, ranging from AI-governed stablecoins to play-to-earn crypto games to crypto loans.

The Cortex Virtual Machine is used to fuel AI features; it does away with the need for central processing units and instead relies only on the network’s GPU processors, which can do much more work. 

Using Cortex, programmers may create their own artificial intelligence algorithms, which they can sell for CTXC tokens. If the CTXC token appreciates in value, more developers will be motivated to join the Cortex ecosystem and build a wider variety of AI applications for dApps.

dKargo (DKA)

dKargo leverages blockchain technology to create a cooperative logistics network that was previously unthinkable, resolving trust difficulties amongst logistics sector partners spread out across the globe. Token investors on dKargo may transact in a trust-free market for logistics operations. 

That enables businesses to create a more straightforward supply chain that meets their specific needs by combining services from different logistics suppliers. 

The dKargo ecosystem revolves around the DKA cryptocurrency token. In addition to being a means of payment for dKargo’s logistical services, this token is also utilized as a means of voting and governing inside the ecosystem. To provide logistics operations on the dKargo platform, network operators must additionally stake DKA.

Check out our list of the best crypto DAO projects.

Numeraire (NMR)

Numeraire is an Ethereum-based technology that facilitates the development and data science of more trustworthy machine-learning models through experimentation. 

The platform’s primary objective is to introduce decentralization to data science and provide developers with a level playing field in the race to build the most accurate machine learning forecasting model.

Numerai, an investment firm founded in late 2015 in San Francisco, asserts that it was the first hedge fund to introduce a cryptocurrency to the market. 

However, Numerai is unlike typical hedge funds because it uses tournament players’ data and recommendations to trade stocks. They brag that they’re the first hedge fund to apply machine learning extensively in their investment process.

The Numeraire token was designed with a novel concept in mind. According to reports, this is the first cryptocurrency to be developed and distributed by a financial services firm. 

The NMR token is given to data scientists whose models do well in the Numeraire competition and has several uses. More people participating in the tournament increases the value of each token.

Numeraire may also actively trade on the stock market using the models developed for the tournament based on the outcomes disclosed by the projects. 

Numeraire is one of the only hedge funds that use such a forward-thinking strategy for stock trading by heavily relying on data projections made by artificial intelligence.

More on AI-Powered Cryptos 

An emerging subset of cryptocurrency initiatives, “AI crypto,” seeks to integrate artificial intelligence (AI) with blockchain technology. 

There is a vast spectrum of strategies incorporated by these very AI crypto initiatives, from integrating AI into blockchain verification procedures to facilitating AI for dApp developers. Some of the best altcoins currently being developed are AI Cryptos. 

In general, all AI crypto coins work to further the use of AI in cryptocurrency, blockchain technology, and Web 3.0 initiatives. Integrating AI into blockchain technology might pave the way for more efficient processing times, intelligent contracts, and autonomous payments that adapt to changing conditions.

AI-generated art from the prompt ‘AI crypto coins’

What Makes AI Cryptos So Unique?

Each cryptocurrency based on AI has its own unique characteristics. While some cryptocurrencies based on artificial intelligence aim to build a marketplace for exchanging AI algorithms, others employ AI for more narrow tasks, such as predicting future events or analyzing data on the blockchain. 

AI-powered crypto initiatives that aim to employ AI to make multiplayer games more interactive are also on the horizon.

In light of this, it’s important to note that AI crypto initiatives may serve various purposes because of the AI’s adaptability. 

Fetch is one platform that makes it possible to build AI-powered financial institutions which can handle everything from buying and selling cryptocurrencies to booking car rentals and reserving hotel rooms.

Regarding their functionality, AI cryptos are not unlike other cryptocurrencies. Most of the currencies mentioned in this article are ERC-20 tokens, meaning they can be stored in any wallet that can handle Ethereum. 

Should You Invest in AI Cryptocurrencies?

Artificial intelligence (AI) is a promising and fast-expanding subject, particularly when integrated with blockchain technology. Fetch.ai token for example has amassed a $3.5 billion FDV in valuation in only a few short years.

While a lot of money can be made with AI coins, investors should evaluate each project’s roadmap cautiously. Traders in AI crypto initiatives should consider the program’s viability and the token’s suitability as a long-term crypto investment. 

A solid team of programmers backing the project is essential for every project. In the case of artificial intelligence (AI) initiatives, this usually involves programmers with experience in massive data management and AI. In addition, there has to be an obvious problem that the AI effort is trying to solve. 

Now that there is clarity that there is a lot of potential when it comes to investing in AI crypto assets, do keep in mind that projects should have the potential to be crucial in advancing AI applications on the blockchain, which might have the capacity to solve futuristic problems as well, making it an invaluable asset for years to come.

Final Word 

With OpenAI’s ChatGPT, generative AI, and other machine-learning technologies attracting billions in investment, AI cryptos are some of the trending cryptocurrency assets right now – Fetch.ai (FET), in particular, has been making headlines across crypto news media. FET token is listed on the eToro exchange.

Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.

AI cryptocurrency initiatives leverage blockchain technology and artificial intelligence to foster further developments in the cryptocurrency sector and industry. They could be one of the subsequent big crypto narratives for 2024, alongside other trending crypto sectors like DEX coins (the native token of decentralized exchanges following the FTX collapse) and play-to-earn gaming.

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