Blockchain technology and artificial intelligence (AI) are merging to form a new era of decentralized AI. We believe that this combination will create better security, transparency, and accessibility for all users. Many of these blockchain projects are at the forefront of this revolution. They each bring unique solutions and capabilities that are poised to shake up the AI landscape. This remains the case even as both projects continue to spur development of AI applications. Through their work, they defend a decentralized and democratic alternative to AI creation and deployment. Moving forward, blockchain-based AI projects will lead the innovation. Not only will they promote accountability, transparency, equity, and ethics, but they will also increase public trust in the burgeoning AI ecosystem.
This technology has been most recently propelled by the combination with decentralized artificial intelligence technology. It illustrates their capabilities, their role in the market and the profound effect they are poised to have on our technological future. Together, these projects foster on-chain IP registration and open up the infrastructure for decentralized AI computation and data ownership. In doing so, they are building a smarter, more equitable, more transparent AI-powered world.
Internet Computer (ICP): Building a Decentralized World Computer
The Internet Computer (ICP) is a highly scalable, layer-1 blockchain protocol designed by the DFINITY Foundation. It’s an innovative power propelling the decentralized AI movement in its wave. Its big mission is to develop a decentralized, censorship-resistant “world computer.” This novel architecture will supplant existing cloud infrastructures with a powerful, encrypted backbone upon which decentralized applications—like decentralized AI—can flourish.
What distinguishes ICP from other blockchains is its ability to allow creators to register their intellectual property (IP) on-chain. This provides them with a safe and more transparent mechanism to safeguard their innovations. This is an extremely important feature in the AI realm, where trade secret protection for algorithms, models, and datasets is of high importance.
ICP makes it possible to host web applications completely on-chain. As such, this innovation revolutionizes the trust that is placed in centralized servers and increases the resilience and censorship resistance of AI applications. As of reopening, the Internet Computer has a current circulating supply of just over 535.31 million ICP tokens. As a result, it is quickly becoming the most popular decentralized AI initiatives foundational layer.
Near Protocol (NEAR): Enhancing Speed and Scalability for AI Applications
Among these, Near Protocol (NEAR) is one of the most prominent layer-1 blockchains. It’s purpose-built for high speed, minimal fees and maximum convenience, making it a perfect fit for next-generation, high performance decentralized AI applications. Through its architecture, it dramatically increases speed and reduces cost and complexity of a growing scale of transactions. This functionality is incredibly important for large-scale AI workloads such as data pre-processing, model training, and inference.
Currently, Near Protocol has a market capitalization of approximately $3.1 billion. This significant number has undoubtedly earned its place as a cornerstone of the blockchain industry. Combined with its emphasis on UX and developer-friendliness, this leads to even more AI solutions being created and deployed on its platform.
Near Protocol is wholly committed to scalability and eco-friendliness. This commitment is what makes it the most exciting enabler of decentralized AI, empowering developers to build and deploy AI applications that can process vast amounts of data and perform complex computations at lightning speed, while being more cost efficient.
Artificial Superintelligence Alliance (FET): Pioneering Artificial General Intelligence
The Artificial Superintelligence Alliance (FET) is dedicated to the development of Artificial General Intelligence (AGI). Their stated goal is to create Artificial Superintelligence (ASI). This partnership brings together the nation’s top AI talent and resources to advance R&D within AI. Collectively, they want to achieve the dream of advanced AI systems that can do any intellectual task that a human being can do.
The FET Operators are fully aware that decentralization is key to creating AGI and ASI. Their goal is to make sure that these powerful new technologies are developed and deployed in a transparent and democratic manner. The alliance is using blockchain technology for this purpose. IEE’s goal is to advance the development of AI systems that are safe, robust and aligned with human values.
Though ASA initially has an expansive mission, ASA’s stated dedication to decentralization is quite robust. This positions it as a key contender in the decentralized AI space, with implications to determine the future of AI development and deployment.
Virtuals Protocol: Facilitating Decentralized Virtual Interactions
Virtuals Protocol has a healthy market cap of ~$1.2 billion. With it, you can have immersive decentralized virtual interactions, and that means you can interact without the need for centralized intermediaries. Given the rapid evolution of AI, this protocol is critical in the AI space. It drives the creation of AI-driven virtual assistants, avatars, and other virtual entities that can interact with users in a safe and decentralized manner.
Virtuals Protocol currently has a circulating supply of around 655 million VIRTUAL tokens, with a total maximum supply of 1 billion. They are serious about establishing a deep, sophisticated ecosystem that will serve as the foundation for online virtual experiences to come. It prioritizes users’ needs by empowering them and protecting their data. This commitment is a natural step that dovetails seamlessly with the principles of decentralized AI, and is an integral aspect of the overall AI ecosystem.
Virtuals Protocol reimagines how we can engage with each other virtually. That combined with its deep-seated belief in decentralization has put it at the forefront of changing the face of AI-driven virtual universes.
Render Network (RENDER): Decentralizing GPU Rendering for AI
Render Network (RENDER) is transforming the GPU rendering space with its application of a decentralized network of GPU providers. This network gives users the ability to tap into GPU power on-demand to whoever, whenever. This, in turn, makes it easier and more cost-effective to render complex graphics and animations. When it comes to AI, Render Network really comes into play with training different AI models that can be very intensive computationally.
Render Network has a circulating supply of 518,423,400 RENDER tokens. It’s growing quickly the number of GPU providers and users on its network. Its unlimited and decentralized approach to GPU rendering gives users the power and freedom to access the resources they want most. This unique accessibility benefits all, regardless of distance and budget.
Render Network provides a groundbreaking solution to the drawbacks of traditional GPU rendering. Its growing ecosystem has been a key factor in opening up development of AI, particularly in areas such as computer vision, natural language processing and robotics.
The Graph (GRT): Indexing and Querying Blockchain Data for AI
The Graph is a decentralized indexing and querying protocol that helps developers get fast, reliable access to blockchain data. The Graph is the decentralized indexing and querying protocol for blockchain data, which allows AI applications to access and analyze the world’s blockchain data easily. This accessibility is vital for tasks such as data mining, pattern recognition and predictive modeling.
Currently ranked 38th with a market capitalization of $974.95 million, The Graph is becoming a key piece of infrastructure for the decentralized web. It has a scheduled circulating supply of 9.87 billion GRT tokens. The system is efficient, immediate, and dependable in that it delivers access to blockchain data. This functionality is essential for creating AI applications that rely on this data.
The Graph has a decentralized protocol for indexing and querying data. This makes sure all of us have access to that data, spurring the greatest innovation and collaboration throughout the AI community.
Story Protocol (IP): Decentralizing Intellectual Property Management for AI
IP boasts a market cap of around $1.1 billion USD. As of now, its with a circulating supply of approximately 286.6 million IP tokens, it is focused on allowing for a decentralized management of intellectual properties. This protocol enables creators to register, manage, and monetize their IP in a decentralized manner, providing a secure and transparent way to protect their creations. In the AI space, Story Protocol is especially useful for shielding algorithms, models, and datasets.
Through decentralizing IP management, Story Protocol gives creators more power to maintain and profit from the control of their creations and the innovations they’ve created. This is particularly the case in the AI space, since often the value of this IP is extremely high.
Story Protocol is focused on decentralization and IP stewardship. This commitment is what makes this pledge such a vital resource for AI developers and creators, fostering unprecedented innovation while protecting their rights.
