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Does AI have a future in cryptocurrency?

by The Dao Makers
March 26, 2023
in Ethereum
Reading Time: 1 min read
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Is it true that AI will be capable of create a token that will likely be managed fully by synthetic intelligence (AI) as an alternative of counting on conventional mining?

In truth, there are already examples of such tokens available in the market. These tokens sometimes use various consensus mechanisms or distribution strategies that don’t require mining, corresponding to Proof of Stake (PoS), Proof of Authority (PoA), or different energy-efficient mechanisms.

In the meanwhile, the tasks which have made probably the most progress on this (not promoting it's simply a few examples):

https://thegraph.com/en/ https://cryptogpt.org/ (by the way in which, proper now you may get 200 tokens extracted free of charge with the assistance of AI. That is already equal to $17.) https://singularitynet.io/

These tasks, like many others, appeared comparatively lately. However for a short while of their existence, their value has noticeably tightened. I'm not fully certain what that is associated to. Possibly it's only a hype on this space or synthetic intelligence actually works.

In any case, I feel it's value spending a few {dollars} and shopping for tokens on this space now for a few {dollars}. Maybe it can change into a competitor of bitcoin within the distant or not distant future. It is rather fascinating to listen to your opinion, what do you concentrate on it?

submitted by /u/wtfwtf6160 [comments]



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Tags: CryptocurrencyFuture
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