Five AI crypto companies to watch in 2023
Artificial intelligence will be big in 2023. ChatGPT has made it increase in popularity, with many excited about its endless opportunities. AI and crypto are a combo that has changed the tech world. An increasing number of crypto projects are using AI innovation to bring endless possibilities. Some of the top AI crypto companies to watch in 2023 include:
Meta Masters Guild
This is a mobile-based decentralized gaming ecosystem. It is based on the blockchain and allows players to have fun through games and still earn from it. Users can engage in different activities in the ecosystem for rewards in the form of Gems. Gems can be converted into the native token of the system MEMAG. MEMAG will be used for in-game purchases and governance. The project uses AI technology and thus changes according to the market’s changing demands. The pre-sale of the MEMSG tokens already took place in the first week of January 2023.
VeChain is an AI-optimized supply chain solution that has been there since 2017. Unlike other platforms that use proof-of-work or proof-of-stake, VeChain uses proof-of-authority. This is the use of authority to determine who creates a block. The system uses AI to track and verify the different products in the chain. VeChain does asset tracking and data storage. Its native token, VET, governs it. In January 2023, the value of VET increased by 25%.
This is a decentralized marketplace for AI services. It offers anyone the chance to build, share or monetize AI services. The platform’s goal is to give AI developers more access to entrepreneurship. Developers can monetize their AI solutions without necessarily building a full front-end product.
This is a decentralized economy that brings together blockchain and AI. It is a decentralized network of several autonomous agents. The agents can be individuals, devices or services. The platform’s goal is to create a permissionless system that uses AI. The project is governed by its native token FET.
Since data is big, the Graph decided to take advantage and fill the gap. It offers a data-indexing layer for developing smart contracts. This helps developers quickly gather information to build their projects. The Graph also facilitates querying on the Ethereum network. With that, APIs can easily group specific details.