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The global AI market received a major boost after three premier AI-led cryptocurrencies – Fetch.ai (FET), Singularity.NET (AGIX), and Ocean Protocol (OCEAN) announced a $7.5 billion merger of their platforms. To be called Artificial Superintelligence, the merger opens new avenues for innovators and also catalyzes the way AI models are created and monetized.
Analysts claim that the merger could set the stage for the growth of other popular AI coins like InQubeta (QUBE). The crypto-first platform comes to the rescue of AI startups struggling with fundraising.
The coin has seen massive growth in a short period and is touted to become one of the highest-earning tokens of the year. Its cryptocurrency ICO has raised over $13 million to date.
InQubeta: A crypto coin with an AI advantage
InQubeta has garnered global praise with a unique model where startups can raise funds from crypto users. The platform creates NFTs from investment proposals submitted by startups and then sells them to crypto users.
The buyers can carefully compare projects before making a decision. They can also buy small fractions of different NFTs. All these purchases will be made with InQubeta’s native cryptocurrency, the QUBE token.
The supply of the ERC-20 coin has an upper cap of 1.5 billion. While 65% of the stock will be sold via public sales eventually, the rest will be stored for paying operational expenses, legal fees, distributing rewards, and maintaining on-chain liquidity.
Rated as one of the top cryptos to invest in this year, the QUBE token sports a deflationary model and prevents inflation or market volatility from eating up its returns.
If the markets are trading in the red, the model lowers the token supply. The scarcity supports stable prices by doing away with fluctuations. As the asset’s value rises, it gains an edge over other categories.
Fetch.AI community gears up to vote for its merger
Fetch.AI is a leading cryptocurrency where developers can find tools to turn legacy systems into AI-driven powerhouses. These integrations can be leveraged to create and monetize AI services.
Its native token FET is the official medium of exchange within the network.
Considered one of the best altcoins of 2023, the platform has been in the news because of its merger with two other AI-driven crypto projects. The platform has invited its DAO community to vote for the proposal.
Singularity.Net community to vote for token deal
Singularity.Net is a cutting-edge crypto project that’s dedicated to the development of artificial general intelligence (AGI). Its native token, AGIX, comes in handy for tech-savvy crypto users interested in supporting their generational wealth.
It is part of an ambitious token merger with Fetch.ai and Ocean Protocol, which would accelerate innovation in the AGI space. The platform will be holding a 12-day community vote for the proposed merger. The voting process will conclude on April 16, 2024.
Ocean Protocol organizes Data Science Challenge
Ocean Protocol helps developers monetize AI data and models without compromising privacy. Its native token OCEAN is used for all transactional purposes.
In a recent development, Ocean Protocol organized its Venture Capital Data Science Challenge, in which developers could leverage AI and ML to predict startup trends. The winners would share a prize pool of $10,000.
Bittensor unveils TAO subnet sharding
Bittensor is a decentralized network for training machine learning models. In return for the value provided by the models to the collective, developers are rewarded with Bittensor’s native token TAO.
In a recent development, the platform announced the launch of TAO subnet sharding. The project can facilitate pioneering innovation by combining Bittensor’s features and sharding.
Conclusion
The merger of AI and cryptocurrencies is set to pave the way for more innovative solutions in the future. Tokens like InQubeta, Fetch.ai, Singularity.Net, Ocean Protocol, and Bittensor tap into AI’s potential and enable people to invest in the technology’s future. With consistent growth, these tokens have edged past new altcoins and strengthened their position as 2024’s top digital assets.
Experts also suggest that these tokens’ upward trajectory was also made possible because of their recent partnerships and focus on improving user experiences. They build their case with the recent merger between Singularity.NET, Fetch.ai, and Ocean Protocol which has boosted the fortunes of these tokens.
For Bittensor, new projects like TAO subnet sharding are drawing more developers to explore its capabilities.
In InQubeta’s case, its stunning presale success can be attributed to the novelty of its model. By introducing an AI-focused crypto project, the coin allows people from all walks of life to participate in a technological revolution.
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