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Does AI have a future in cryptocurrency?

by crypetonews
March 26, 2023
in Ethereum
Reading Time: 1 min read
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Is it true that AI will be able to create a token that will be controlled entirely by artificial intelligence (AI) instead of relying on traditional mining?

In fact, there are already examples of such tokens in the market. These tokens typically use alternative consensus mechanisms or distribution methods that do not require mining, such as Proof of Stake (PoS), Proof of Authority (PoA), or other energy-efficient mechanisms.

At the moment, the projects that have made the most progress in this (not advertising it's just a couple of examples):

https://thegraph.com/en/ https://cryptogpt.org/ (by the way, right now you can get 200 tokens extracted for free with the help of AI. This is already equal to $17.) https://singularitynet.io/

These projects, like many others, appeared relatively recently. But for a short time of their existence, their cost has noticeably tightened. I'm not completely sure what this is related to. Maybe it's just a hype in this area or artificial intelligence really works.

In any case, I think it's worth spending a couple of dollars and buying tokens in this area now for a couple of dollars. Perhaps it will become a competitor of bitcoin in the distant or not distant future. It is very interesting to hear your opinion, what do you think about it?

submitted by /u/wtfwtf6160 [comments]



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Tags: CryptocurrencyFuture
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