I've been seeing a lot of new projects mixing AI with blockchain lately, especially in areas like federated learning and AI agents. One example is ChainOpera AI, a Layer-1 blockchain that's creating a federated AI OS for building and sharing decentralized AI models and dApps.
They talk about focusing on things like AI provenance, verification, and a marketplace for monetizing agents, plus their team has ties to FedML and some researchers in academia. With all the hype around AI projects right now, I might start putting some money into them. AI-centric blockchains like this could really have some genuine long-term value, and with all the fresh innovations happening, I don’t think AI projects are going to slow down anytime soon, especially with real-world assets gaining traction as a potential lasting ecosystem.
Are AI Blockchain Projects Worth All The Buzz?
8 replies 396 views
cold5tor4geSenior Member
Posts: 349 · Reputation: 1415
#2Apr 14, 2022, 04:07 PM
If there is proven ecosystem to support the long existing of the project, why not their could become successful in the future, but we have to agree that hypes fades out easily and for that majority of the AI tokens have nothing to rely on in terms of liquidity support and the rest of the whole issues as related to sustainable markets for long term investors. Majority of AI based projects are just good to be gamble on.
wolf_blockFull Member
Posts: 125 · Reputation: 586
#3Apr 14, 2022, 08:13 PM
I believe Artificial intelligence projects are over-hyped in this market, And I predict something similar to what happen to decentralized storage projects like Siacoin and File coin is going to be experienced by those AI projects.
In the end, people are going to continue to use centralized Artificial intelligences created by technological giants, like Google, Meta(Facebook) Apple and Amazon, most of AI users do not care about decentralization and only want to have access to tools which work and are distributed at a fair price to them.
I would not invest in artificial intelligence in the long term, I would rather invest in big companies which are developing their own centralized technologies.
i think AI & blockchain are two of the biggest tech trends as of right now and it is not a surprise that many new projects are combining them lately. some of this projects like ChainOpera AI kind of sound promising because they are trying to solve real problems such as data ownership, model verification and fair monetization of AI systems. but not all AI blockchain projects truly deliver what they promise. some just use AI as a buzzword to attract investors. the real test is whether they have working products, strong teams and real world utilities!! not just whitepapers and hype.
AI projects are actually thriving rn, Coai that you mentioned has done well in the past couple weeks after going live. My bags is over 1k% already after catching it post TGE on Bitget
. Not surprised though cos they've been making great strides.. securing $17m seed round offer and looks to offers an AI-optimized blockchain for inference and provenance. You can consider similar projects
SilentGuruSenior Member
Posts: 432 · Reputation: 1445
#6Apr 15, 2022, 10:50 AM
It's overhyped until they actually able to get their product to the user and generate revenue out of it.
But guess what, just because it's overhyped doesn't mean these project won't increase in valuation, often time hype is the main reason why value climbs in the first place.
Overhyped in the product aspect, probably still a good investment regardless since AI is where the money flow right now.
Currently looking at sentient AGI which I think gonna be one of the flagship project in blockchain AI category. I can be wrong though.
humbleledgerLegendary
Posts: 1027 · Reputation: 6554
#7Apr 15, 2022, 12:06 PM
how are you tracking these new projects? and then dumping them.
These are all virtual coin projects mostly operated from websites. If you want information about their operations then you can head onto their offices. Before investing talk to them in person.
The problem lies in verifying whether these projects are real and actually aim to develop something useful (their value will gradually increase over time), or whether they are merely a marketing term to defraud investors (here, the time factor and buying at a cheap price determine profits from losses).
BTW, I'd like to mention this AI scam ----> 700 Indian engineers did the work while Builder.ai claimed it was AI.
Related topics
- Thoughts on Post-Quantum Security in Blockchain Projects Like QoreChain 0
- What's up with CZ promoting $ASTER all of a sudden? 19
- Specter: A Signature-Free, Recursive Proof-Based Blockchain for Post-Quantum Era 0
- Proof of Fair Launch guidelines for transparent blockchain starts 5
- Impact of Bitcoin Dominance on Altcoin Prices 8
- Is Mining Crypto on Your Phone Possible or Just a Trend? 19