Here are 5 AI Cryptocurrency tokens you might not of hear of yet. While these are smaller projects they have show great performance boosts in the last few weeks as the bull market has started to take off.
*This article is for entertainment purposes only and is not finance advice. Do your own research before investing and understand the risks.
PaLM AI
This token works like PAAL which we will go over a little later as one of the five projects we are mentioning here. PaLM AI is in fact a google backed AI which means it's mainly focused at the moment around googles suit of applications which will run well with this platform.
PaLM token is used for pay for the service in which developers and other people would be using the AI systems. Those who hold on to the PaLM AI token will be earning from the revenue share program of those paying for the service.
PAAL AI
PAAL AI is focused around creating AI chatbots. When you think of chatbots you think of programs that run on discord, telegram websites and also ChatGPT for example. These AI platform allows you to build your own and run it on a different service you want.
In order to earn from this token you'll need to hold some of it to earn in the revenue share aspect of it. So mainly the two AI platforms we talked about here are a SaaS company on blockchain but with a investor aspect to them for holding on to the token.
Fetch AI
Now out of all of these Fetch AI has my eye the most. Unlike the other platforms this one seems to have a unique AI and one that I feel can be rather powerful as it continues to grow. It's core function is AI for services which resides around what they call AI agents.
These AI agents can be put on to tasks to get work and other items done for you. While currently limited I do see this as being a area of massive expansion in the future. Instead of a army of human workers fueling your business you'll now have a army of AI agents running work for you with little input.
The token is used to pay for "time" of the AI agents and also works on a proof of stake system so earning tokens for holding tokens on a somewhat steady inflation.
Arkham AI
Now personally I'm not a big fan of this one. It's main saying is Deanonymizing the blockchain. Which means they are attaching peoples names or company names to crypto wallet addresses through AI intelligence in order to paint a more clear picture about what's happening in the markets. The system is designed to allow people to better understand the buying and selling of companies and people in the crypto space and display that information to all.
The token is a governance token, rewards discounts and is incentive for their intel-to-earn economy.
0x0 AI
On the flip side of the above you have a AI token in which is geared towards a privacy solution featuring a variety of AI-based safety tools. These tools are things like AI checking smart contracts and developer code which can be very critical. I don't see it replacing a human but I do see it being used with a human checking the code as a double safety measure when the smart contract code gets audited before release.
The revenue on this token is from when others pay to use the platforms. Those who old the 0x0 token are given 100% of the payment split up between all 0x0 token holders.
So there you have it five AI focused cryptocurrencies and a general outline of what they provide and how their tokenomics work.