The world of cryptocurrency is in a constant state of flux, shaped by shifting trends and new developments. The latest trend that is capturing the attention of the crypto market is AI coins. With a market cap of nearly $4 billion, these coins are capitalizing on the hype surrounding cutting-edge technologies like ChatGPT, Bard, and others.  Investors and enthusiasts alike are looking to tap into the potential of this growing industry by exploring the unique solutions offered by AI coins.

By harnessing the power of blockchain technology, these coins are solving real-world challenges and offering a new investment opportunity for those who want to participate in the growth of AI. Some of the AI coins are at the forefront of this innovative market. Whether you’re a seasoned cryptocurrency trader or just starting to learn about the world of crypto, the rise of AI coins is a trend you won’t want to miss. 

Top 5 AI-Powered Cryptocurrencies to Pay Attention To

• Best AI Coin with potential growth in the AI service marketplace: AGIX (SingularityNET)
• Best AI Coin that can revolutionize the way we interact with data: FET (Fetch.ai)
• Best AI coin that combines generative AI and blockchain: ALI (Alaethea)
• Best AI coin for the private ecosystem for data exchange: OCEAN (Ocean Protocol)
• Best AI coin for decentralized marketplace for prediction data: NMR (Numeraire)

1. AGIX (SingularityNET)

Why Did We Pick AGIX?

We picked AGIX as a top 5 AI coin due to its decentralized network for AI services, partnerships with prominent organizations such as Cardano and Hanson Robotics, and use of AGI tokens as a means of payment and incentivization. The platform is advancing towards creating a collective intelligence network that benefits all parties involved.

AGIX Tokenomics

Company Overview

SingularityNET is a decentralized platform for artificial intelligence (AI) services founded in 2017 with a mission to create an Artificial General Intelligence (AGI) that is not dependent on any central entity, is open for anyone, and not restricted by narrow goals of a single corporation or country. The platform aims to bring together AI developers, data providers, and businesses to create a collective intelligence network that benefits all parties involved.

The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers, with specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts, and entertainment. Dr. David Hanson, known for his advanced humanoid robots, is a co-founder, and Dr. Ben Goertzel serves as the CEO and Chief Scientist.

The platform recently partnered with Cardano to focus on the use of Haskell to enable autonomous interoperability between AI services within SingularityNET’s network. Other partnerships include collaborations with Hanson Robotics, and the Ocean Protocol, to expand its reach and offer more diverse AI services. Additionally, the project secured a $25 million commitment with LDA Capital Limited to accelerate the growth of decentralized Defi AI, and has partnered with Hedge to develop technologies for combating financial crime.

Utility of AGIX Token

One of the key features of SingularityNET is its AGI token, which is used as a means of payment for AI services within the network. The AGI token is also used to incentivize AI developers to continue improving their models and contributing to the platform. Users can store AGI tokens in any wallet that supports ERC-20 tokens, such as MyEtherWallet, MetaMask, and Ledger Nano S, and use them to access AI services within the SingularityNET platform, vote on governance decisions, and contribute to the development of the platform.

2. FET (Fetch.ai)

Why Did We Pick FET?

We picked FET as one of our top 5 AI projects due to its unique approach to decentralized AI and big data. FET utilizes blockchain technology to securely and transparently connect data providers, AI developers, and end-users, enabling the creation and distribution of AI services at scale. This project has the potential to revolutionize the AI industry and the way we interact with data. Additionally, FET has a strong development team, a solid track record of partnerships, and a growing community of users and investors.

FET Tokenomics

Company Overview

Fetch.ai is a decentralized machine learning network established in 2017 that aims to democratize access to AI technology. The platform, founded by Humayun Sheikh, Toby Simpson, and Thomas Hain, was launched in March 2019 via IEO on Binance. The technology stack of Fetch.ai has four elements: the Digital Twin Framework, the Open Economic Framework, the Digital Twin Metropolis, and the Fetch.ai Blockchain.

The platform offers several ways to use its decentralized network. Developers can create and deploy decentralized autonomous agents (DAAs) for a wide range of tasks like data analysis, prediction, and automation. The network uses a unique consensus mechanism called “adaptive proof of stake” that provides fast and secure transactions. Users can participate in the network to help secure it and earn rewards. Fetch.ai’s own cryptocurrency, FET, can be used to pay for the use of the platform’s resources and can also be bought and sold on various cryptocurrency exchanges.

In June 2021, Fetch.ai announced a partnership with blockchain network Iota to enable a “controlled data sharing environment” for connected devices. Fetch.ai has also partnered with Bosch to create decentralized solutions for the industrial internet of things (IIoT). It is important to note that Fetch.ai is a decentralized platform and is not controlled by any central authority, so it is important to do your own research and understand the risks before using or investing in the platform or its token.

Utility of FET Token

Fetch.ai’s utility token, FET, plays a critical role in the platform by enabling the creation, deployment, and training of digital twins. FET tokens can be used by developers to access machine-learning-based utilities, and by users to validate the network. The platform has a decentralized data layer based on IPFS, which enables the sharing of machine learning weights between participants.

3. ALI (Artificial Liquid Intelligence)

Why We Picked Artificial Liquid Intelligence (ALI)?

We picked Alethea’s ALI token as one of the top 5 AI coins due to its innovative approach to combining generative AI and blockchain technology. The ALI token serves as the driving force behind the decentralized iNFT Protocol and incentivizes participation in the AI Protocol’s community-driven moderation and governance. The ALI token enables equitable distribution of the benefits of AI, promoting the democratization of the technology. With the emergence of the Intelligent Metaverse powered by the Noah Ark’s AI engine, the potential for growth and value in the ALI token is immense.

ALI Tokenomics

Company Overview

Alethea.ai is a research and development studio that combines the technologies of Generative AI and Blockchain to create a decentralized Intelligent Metaverse inhabited by Interactive and Intelligent NFTs. The company’s mission is to empower individuals with democratic and decentralized ownership of AI. The founder, Arif Khan, established Alethea.ai in 2019 with its headquarters located in Singapore.

Alethea.ai is developing the iNFT Protocol to animate, interact, and incorporate generative AI capabilities into NFTs. Developers can use the protocol to create, train, and earn from their iNFTs in the Intelligent Metaverse known as Noah’s Ark. As the number of iNFTs in the Ark increases, so too will the possibilities of interactions and collaborations among them, leading to the emergence of an “Intelligent Hive Mind” that powers the Ark’s AI Engine.

Alethea.ai has the support of notable investor, Mark Cuban, as they strive to create a meaningful future with their intersection of AI and blockchain technology. The democratization of AI is necessary to ensure its benefits reach the masses and Alethea.ai is at the forefront of this movement.

Utility of ALI Token

The ALI Utility Token is the native token of the AI Protocol and its decentralized applications. The ALI Token regulates, incentivizes, and rewards participants of the AI Protocol and provides a mechanism for moderation and governance to prevent harmful and malicious actions. The token is an ERC-20 Utility Token and functions as a tool against malicious actors to maintain the values of the community-approved constitution.

4. OCEAN

Why Did We Pick OCEAN?

We picked OCEAN as one of the top 5 AI coins due to its secure and private ecosystem for data exchange. The platform enables data monetization for individuals and businesses while preserving privacy and control. The use of OCEAN tokens as the basic unit of exchange and staking ability adds unique value to the platform. Additionally, its partnership with Zühlke demonstrates a commitment to promoting an Open Data Economy in the healthcare sector, highlighting the utility of the OCEAN token. 

OCEAN Tokenomics

Company Overview

The Ocean Protocol is an open-source, decentralized platform that facilitates the secure and transparent exchange of data and assets. It provides a secure, scalable infrastructure for data sharing, enabling businesses and individuals to monetize their data and enabling data access for artificial intelligence and machine learning applications. The platform is built using blockchain technology, which ensures that data is secure, tamper-proof, and transparent.

Ocean Protocol was founded in 2017 by Bruce Pon, Trent McConaghy, and Gary Durant. The team was motivated by the belief that data has enormous potential to drive innovation and progress, but that its potential is often limited by restrictions on data sharing. The platform has since been developed by a dedicated team of engineers and data scientists who are committed to creating a more open, equitable, and secure data economy.

Ocean Protocol has formed partnerships with companies to grow its impact, including:

• Oraichain and Ocean Protocol, collaborating to expand AI ecosystems
• SmartPlaces and Ocean Protocol, unlocking data monetization for a social interaction app
• Ocean Protocol and Zühlke, pushing for an open data economy in healthcare.

These partnerships aim to broaden the platform’s reach and bring its benefits to more people.

Utility of OCEAN Token

The Ocean Protocol’s native token, called the Ocean Token, serves as the currency for data transactions on the platform. It enables individuals and organizations to buy and sell data, as well as incentivize data providers to share their data. The token also enables access to the various services provided by the platform, such as data storage, computational resources, and data privacy tools. The use of the token ensures that transactions on the platform are secure, transparent, and auditable, and that the platform remains decentralized and governed by its users.

5. NMR (Numeraire)

Why Did We Pick NMR?

We picked NMR token as one of the top 5 AI coins because of its unique focus on providing a decentralized marketplace for prediction data. This marketplace is aimed at solving the problem of data centralization and inefficiency in the prediction industry. Numerai has received funding from some of the top venture capital firms and has partnerships with leading financial institutions. Furthermore, the utility of NMR tokens allows for access to the Numerai prediction platform and incentivizes participants to contribute valuable data, leading to an improvement in overall predictions on the network.

NMR Tokenomics

Company Overview

Numeraire is a decentralized platform for data scientists and developers. The platform is based on a network of data scientists using blockchain technology to make predictions and stake cryptocurrency on certain outcomes. The Numeraire ecosystem relies on the Erasure protocol, a set of smart contracts that enables rewards for users who correctly stake Numeraire (NMR) coins or destroy it if they were wrong.

Numeraire was founded in 2015 in San Francisco by CEO Richard Craib. The company was financed through four funding rounds, raising a total of $21.5 million from investors such as Union Square Ventures, Paradigm, Placeholder, and Howard Morgan. In 2017, the Numeraire token was launched on Ethereum mainnet and was issued to 12,000 data scientists based on past contributions in Numerai Tournaments. The platform operates an artificial intelligence aggregation model, called a “meta model”, that incorporates all the predictions received from its network of participants.

Utility of NMR Token

NMR tokens are required for staking on outcomes, conducting payments, and rewarding tournament participants. Participants who submit accurate predictions in the Numerai Tournament and Numerai Signals will earn newly minted NMR tokens, while incorrect predictions will result in their staked NMR being burned. The maximum supply of NMR tokens is 11 million, with 3 million remaining locked until 2028 as a reward for tournament participants. Numeraire is secured through the Ethereum proof-of-stake consensus mechanism, providing versatility and protection.

Your All-In-One AI Coin Trading Platform: RocketX

RocketX offers a one-stop solution for trading and swapping AI coins, including the top 5 AI coins of 2023: AGIX, FET, NMR, OCEAN, and ALI. The platform is decentralized and provides a seamless trading experience by offering you the best rates on each of these AI-powered cryptocurrencies. 

The platform’s innovative algorithm continuously scans multiple decentralized and centralized exchanges, which not only offer the best prices available but also saves your time and effort as you no longer have to manually check different exchanges to find the best rate. RocketX’s user-friendly interface, combined with its advanced security measures, makes RocketX a trusted and reliable choice for trading AI coins.