On January 10, Bloomberg reported that Microsoft was considering investing $10 billion in OpenAI, the developer of ChatGPT. Microsoft already invested $1 billion in OpenAI back in 2019 and is currently trying to implement this artificial intelligence software in the Bing search engine.
Just as the encryption market is ushering in a rebound, the news of Microsoft’s investment in OpenAI has led to a surge in the number of projects in the direction of “blockchain + AI”. What kind of business do these projects in the last round of cycle actually usher in? ? PANews will be explored in the articles below.
SigularityNET（AGIX）
SigularityNET is one of the earliest projects combining AI and blockchain. As early as December 19, 2017, it raised 36 million US dollars through ICO, and the amount was robbed in 60 seconds. It can be seen that the project was at that time Fiery degree. At present, SigularityNET is still undergoing continuous updates, and AGIX is also one of the most rising AI concept coins in this round.
SigularityNET is an open decentralized artificial intelligence service platform where developers can publish their services to the SigularityNET network and users can pay with AGIX to use these services. Services such as image, video, voice, text, time series, bio-artificial intelligence, and network analysis can all become an independent AI application.
The following four main functions are included in SigularityNET.
AI Platform: including AI Marketplace and AI Publisher. Developers can publish available services to AI Marketplace through AI Publisher. Users who want to use these services can pay with AGIX tokens.
AI-DSL: An AI service that can form separate services into temporary workflows to perform requested tasks.
AGIX Token: An ERC-20 token that can be used for payments in the AI Marketpalce and can also be staked to get more tokens. Currently, the staking platform is running on Ethereum. Since the project party has obtained the support of the Cardano blockchain, a cross-chain bridge from Ethereum to Cardano has been built, and the staking platform will also be released on Cardano in the future.
OpenCog Hyperon: A complete, scalable, open-source, artificial general intelligence (AGI) system based on the principles of OpenCog. Different AI strategies and methods, such as neuro-symbolic AI, evolutionary learning systems, economic attention distribution, machine learning, and other AI methods can collaborate based on a shared knowledge metagraph (Atomspace).
In addition, there are also multiple projects actively building the SigularityNET ecosystem.
SigularityDAO, a DeFi-centric decentralized portfolio management protocol, completed a $2.7 million private placement led by AlphaBit in 2021.
SophiaVERSE, a metaverse built on Sophia, mentioning SigularityNET, one has to say Sophia, a once very well-known robot born in 2016. Sophia is the first robot to hold a passport, has held one-on-one meetings with leaders of 17 countries, has 750,000 followers on social media, and serves as a United Nations goodwill ambassador. But the controversy caused by Sophia is not small. Many people are skeptical about its intelligence. Sophia has appeared on the SigularityNET team list as the Chief Robot.
Rejuve.AI, the research on using artificial intelligence to extend human lifespan, released Longevity app. Longevity allows users to control their own health data, using AI to extract results from 100 scientific studies on aging, giving users an in-depth understanding of current risk levels, aging characteristics, and providing health advice around factors such as weight, sleep, and physical activity.
NuNet builds infrastructure to provide distributed computing and storage capabilities for decentralized networks.
SigularityNET has built some AI infrastructure. The more projects developed using these infrastructures, the more valuable SigularityNET will be. At present, there are many projects building services based on SigularityNET. Users can use AGIX tokens to purchase in AI Marketplace Serve. The tokens of projects such as SigularityDAO and NuNet built on SigularityNET have also seen large increases recently.
Fetch.ai（FET）
Fetch.ai was founded in 2017 and the FET token was launched via an IEO on Binance in March 2019. Fetch.ai has created an AI platform and service that lets anyone build and deploy AI services at scale, anytime.
Fetch.ai has its own blockchain built on top of Cosmos, capable of using the Interchain Communication Protocol (IBC). FET is the native token in the Fetch.ai ecosystem and is mainly used as a trading medium. The services in Fetch.ai need to be purchased through FET. FET can also be traded on DEX such as Osmosis and obtained through pledge.
The Fetch.ai ecosystem mainly includes the following key projects.
The Fetch.ai ecosystem mainly includes the following key projects.
MOBIX: Incentivizing the micromobility ecosystem through an incentive program for sustainable urban mobility.
Axim: Allows enterprises to safely and reliably connect data silos, improving their understanding through machine learning models to help them optimize business functions.
Atomix: Enables stablecoin holders to provide liquidity and earn rewards.
MOBIX: Incentivizing the micromobility ecosystem through an incentive program for sustainable urban mobility.
Catena-X: Creating an open ecosystem to exchange information efficiently and securely across the entire automotive value chain.
Alethea AI（ALI）
Founded in 2020, Alethea AI has received investment from the BSC Growth Fund. Alethea AI combines generative artificial intelligence and blockchain to achieve decentralized ownership and democratic governance of artificial intelligence. Alethea AI has developed an artificial intelligence system called CharacterGPT. Users only need to provide natural language descriptions to quickly generate interactive characters with different appearances, voices, intelligence, personalities, and identities.
The character created by CharacterGPT can be tokenized, and the owner can customize its personality, train its intelligence, and use it in the dApp of the AI protocol within the ecosystem. Based on CharacterGPT, AI characters for various use cases can be created, such as digital twins, digital guides, digital companions, virtual assistants, NFT collectibles, etc.
The AI protocol launched by Alethea AI is an interoperable ecosystem composed of users and AI assets, and the dApp in it is powered by iNFT, which has exclusive rights to access the intelligence layer of the AI protocol. The ALI token is the AI Protocols ERC-20 utility token used to regulate, incentivize and reward various participants in the AI Protocol.
The AI protocol based on Alethea AI has also built a series of applications, such as Noahs Ark, the AI metaverse, and MyCharacter.ai, which can generate characters.
Cortex（CTXC）
Cortex Labs was established in January 2018, aiming to create an independent public chain, put the calculation of the AI inference model on the blockchain, and make the AI execution process transparent by using the characteristics of the blockchain that cannot be tampered with and is open and transparent. AI developers can provide machine learning models on the Cortex chain, and users can use smart contracts on the chain for AI inference.
The main contents of Cortex include: EVM-compatible Cortex virtual machine, AI reasoning engine Synapse, AI smart contracts and dApps, and decentralized AI research.
According to Cortexs vision, Cortex can incentivize AI developers to store models on the blockchain, developers will be rewarded for open-sourcing their models, and dApp developers can integrate AI into their smart contracts to build applications. However, there are only two applications displayed in the ecosystem on the Cortex official website, namely CyFi and The Master of Digital Clash, and the website of the former is no longer accessible.
summary
summary
Among the four blockchain + AI projects, SigularityNET and Alethea AI have seen greater growth recently, and SigularityNETs ecological projects have developed better, and the combination of Alethea AI and NFT is more in line with current hotspots.
The other two projects, Fetch.ai and Cortex, both belong to the public chain. Fetch.ai is applied in the subdivision of AI in the direction of multi-agent systems, while Cortex may only belong to the concept of AI, but the project ecology is relatively lagging behind.
