Hello Readers! Welcome back to our new post. AI crypto coins which are also called as cryptocurrency with artificial intelligence are the digital tokens which uses Artificial Intelligence technology in different ways to improve the functionality of the token or the existing Blockchain platform.
Today in this article we will discuss the 6 AI based Crypto Projects 2023 to watch and which can give you good returns in the future. The year 2023 is also called the beginning of AI. So this is the best time to look for some Best AI Crypto coins. But first let’s know more about the AI coins.
Advantages of AI Crypto Coins
AI based crypto coins are quite popular these days because they come up with lot of advantages. Artificial Intelligence is improving the life of the people by reducing the time and improving the efficiency.
1. Improves Efficiency
The first advantage of AI based crypto project is that they can be programmed to take the decisions automatically. This is the biggest advantage of Artificial intelligence as it performs similar to human. This leads to improved efficiency and effectiveness.
For example there are some AI crypto coins which uses machine learning algorithms to analyze the market and can make predictions about the future price movements. This can help the investors to make better decisions in their trading and can generate higher returns in the future. AI projects can also be used in many other ways, to analyze the business and make better business decisions in future as well.
2. Improves Security and Privacy
The next big advantage of AI based crypto projects is their ability to enhance the security of the platform. AI can detect and prevent various activities like Hacking, fraud etc. This can significantly help the businesses to ensure the security of their data and the assets stored by them.
3. Increases Scalability
AI based crypto projects have the potential to increase the scalability of the platform. This is why because various AI algorithms can be used to optimize the performance and handle a large amount of data and the transactions. Looking at the growing demand and limited ability to scale now a days, AI can definitely be helpful in terms of scalability.
So these were some of the main advantages of AI based Crypto Projects.
What is the Future of AI Crypto Coins?
We are in 2023 and we can already see Artificial Intelligence taking over. Although AI doesn’t have the emotions that we human possess but the speed, efficiency and accuracy is something that is improved by AI. We think that within next 5 to 10 years, AI is going to be used on a large scale whether it is self driving vehicles, robots and especially in the IT sector. The harsh truth is that AI is cutting the jobs of the people. But if we look it from the investment side of view, we can see a huge potential. That’s why we are here to discuss the Best AI Crypto projects to watch in 2023.
What are the Top AI Coins to watch in 2023?
Now let’s talk about the main thing. While there are many different types of AI coins, we’ve identified the Top AI Coins based on their potential for a long term growth.
- Fetch AI
- SingularityNET (AGIX)
- Ocean Protocol
- The Graph
- VectorSpace AI
- Numeraire
Must Read – 9 Best Web3 crypto coins to watch in 2023
1. Fetch AI (FET)
What is Fetch AI crypto (FET)?
Fetch AI is an open source framework which is decentralized and is used for developing machine learning applications. It was founded in 2017 which allows the users to build various types of models and run them on any devices including smartphones and computers. The goal is simply to make it easier for the developers to build new apps and also enable them with data storage options so that they can create high quality software and apps. The Fetch AI project was created by a team of former Yahoo employees.
This is a must watch AI crypto coin in 2023 as it provides a platform that allows the users to access AI for their businesses. The current Fetch AI (FET) price is around 0.35$ and has gained almost 100% value in just few weeks.
2. SingularityNET (AGIX)
What is AGIX coin?
The next best AI Crypto project on our list is AGIX which was founded in 2018. AGIX is a Blockchain project that is mainly focused on providing a secure and scalable platform for the development of AI algorithms. It will allow the buyers and sellers to trade without having their funds held by a third party like the exchanges. AGIX aims to make it easy for the developers to build and deploy deep learning models as well as provide them with an environment where they can access those models.
Additionally it also allows the developers to create and sell AI services such as image recognition, natural language processing and robotics. We all have heard of the Robot called Sophia which runs on AI.
The AGIX Price has gained almost 200% of its value in just 2 weeks! The current AGIX Crypto price is around 0.42$. This coin has a lot of potential in future.
3. Ocean Protocol (OCEAN)
What is Ocean protocol (OCEAN)?
Next Best AI Crypto project on our list is Ocean Protocol. It is a Blockchain based distributed network which was founded in 2017. Ocean helps in the exchange of data between decentralized applications and the internet of things (IoT) seamlessly. The Ocean Protocol’s aim is to provide an open source protocol for the developers to build decentralized apps (DApps) on the top of it.
It also provides smart contracts and storage solutions for Decentralized apps. The protocol is fully open source which means that anyone can audit it as they would like. The Current Ocean Protocol Price is around 0.35$ which has gained again 100% in just 2 weeks.
4. The Graph (GRT)
What is The Graph coin (GRT)?
Next AI coin on our list is a well known cryptocurrency called The Graph. The Graph is a decentralized data marketplace that lets you buy and sell any kind of information. It was founded in 2018. It allows anyone to build and publish open APIs in the platform. They call it sub graphs which makes the data accessible easily. The Graph also allows the users to make their own datasets available for others.
The Graph can be used for DEFI, Government, marketplaces, entertainment, social and many more which makes it a must hold AI based Crypto coin in 2023. The current graph coin price is around 0.14$ and this coin has a huge potential in future which makes it one of the Top AI coins to watch.
5. VectorSpace AI (VXV)
What is Vectorspace AI ?
Fifth Top AI coin on our list is Vectorspace AI. It was founded in 2017. Vectorspace AI is a decentralized platform which uses AI and Deep learning. The main purpose of Vector Space Biosciences is to benefit any group who are involved in launching life into space. It mainly works on Hidden relationships, data sets which aim to advance space biosciences research.
The current Vectorspace AI (VXV) Coin price is around 0.41$.
6. Numeraire (NMR)
What is Numeraire (NMR)?
The last but not the least Top AI Coin Project is Numeraire. It is a decentralized exchange for the algorithm trading pairs. Numeraire uses machine learning to predict stock market which can be build through Python or R Scripts. It combines thousands of models into a single meta model to predict the stock market. Basically this platform allows users to trade AI algorithms.
The current Numeraire price (NMR) is around 18.5$. This coin is promising and has a brilliant future.
Conclusion
So these were the Best AI Crypto Projects 2023 that you should definitely watch in 2023. AI crypto coins are new and innovative coins that utilize artificial intelligence technology to address some of the challenges and limitations of traditional Cryptocurrency and Blockchain technology. They offer multiple advantages including improved efficiency, security and scalability. They have a vast potential to revolutionize the way we use and interact with cryptocurrency in the future. But keep in mind that it is important to thoroughly do the research and carefully consider the risks before investing in AI crypto coins.
We hope you’ve enjoyed this guide to the future of AI crypto. If you want to learn more, check out more posts on our website The Finance Daddy or join our community! We have a lot of exciting things coming up in the next few months.
Disclaimer – The above information is only for educational purpose. Please do your own research and analysis or consult a financial advisor before investing as crypto market involves risk.
