Are These AI Crypto Projects All Hype?
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So, unsure in the event you’ve observed or not, however…
AI, and AI-related tokens have been booming over the previous 6-12 months.
WorldCoin (WLD) traded up ~350% since its itemizing worth a couple of yr in the past, Livepeer (LPT) and Arkham (ARKM) additionally noticed features at 140% and 100%, respectively.
Which could lead you to imagine decentralized AI networks are in excessive demand…
The disappointing actuality is that, whereas the meant use case for many of those AI tokens is to buy providers from particular AI ecosystems…they’re primarily getting used as a type of speculative funding.
Which implies the demand for decentralized AI could also be somewhat over blown proper now…
However, right here’s the twist:
These loopy valuations might truly be doing God’s work (as they are saying).
As a result of the idea of 1, or a choose few corporations having full management over Earth’s first/solely digital tremendous intelligence(s) is terrifying.
Which makes decentralized AI a MASSIVELY necessary know-how.
So if we have to over-fund a number of crypto initiatives in an effort to make decentralized AI low cost, straightforward to make use of, and commonplace:
We’re all for it!
