The growing convergence of AI and blockchain is rapidly evolving but has already produced various projects and cryptocurrencies that combine the worlds. AI-powered cryptocurrency projects aim to broaden access to the technology by allowing developers to create transparent, open-source projects that make use of blockchain-based marketplaces.
Leveraging deep learning, machine learning, large language models (LLMs), and generative AI tools, Web3 developers have creatively leveraged blockchain to build and integrate advanced models that transcend the industry—providing a diverse range of use cases and solving numerous challenges.
Here are five of the most innovative and unique AI blockchain projects that disrupt more than just the Web3 space.
NEAR Protocol
As one of the premier blockchain projects within the broader Web3 space, NEAR Protocol is a developer-friendly platform utilizing AI to provide advanced tools for building decentralized apps. Featuring fast transactions, this scalable network is community-oriented, with its native NEAR token enabling users to play a major role in the protocol’s governance. Numerous key projects are being built on NEAR including NFT minting platform Mintbase and the popular “move-to-earn” platform Sweatcoin. This year, the community rolled out an account aggregation feature that provided Ethereum wallet support to expand its user base and partnered with Ceramic to boost its security and infrastructure with cross-chain identity management and dynamic data storage solutions.
GT Protocol
GT Protocol is an innovative project that has developed advanced blockchain AI execution technology to support its Web3 investment platform.
By leveraging algorithmic trading tools, its AI-powered app provides easy access to CeFi (centralized finance), DeFi (decentralized finance), and NFT marketplaces via a user-friendly AI chatbot. This one-stop-shop platform simplifies crypto investing by providing new and experienced users with a personalized Web3 assistant—all within a secure, transparent, and non-custodial environment. The robust ecosystem allows users to stake the native GTAI utility token while providing APIs and SDKs to allow third-party platforms to integrate its technology and Web3 investing marketplace.
Theta Network
The Theta Network technically functions as a dual-network system consisting of the Theta Blockchain and Edge Network. Specializing in video, media, and entertainment, Theta has introduced a new solution to reduce content delivery costs, providing a cost-effective pathway for developers and businesses in those sectors.
Its Edge Network enables users to turn their computer into an edge computing node, which can contribute to deep learning model training and inference, as well as video transcoding. Users who run a Theta edge node can contribute unused computational and bandwidth in return for tokens. Theta Network has two native tokens: THETA, a staking and governance token, and TFUEL, created for transactions and smart contract interactions within the network. Theta recently launched the hybrid EdgeCloud platform, providing a fully distributed cloud computing architecture designed for AI, video, and rendering applications.
ChainGPT
ChainGPT is a pioneer in blockchain AI infrastructure, providing a diverse suite of tools and services. Its ChainGPT Pad serves as a launchpad as well as an incubator and accelerator for innovative projects at the intersection of Web3 and AI, earning top ROI rankings for nurturing talented and innovative Web3 startups.
While its launchpad is the backbone of its ecosystem, ChainGPT constantly launches new products and upgrades. Its AI NFT Generator, for example, boasts a user-friendly chat interface that seamlessly converts texts to high-quality digital art, and has been integrated with Polygon and Arbitrum. Other signature ChainGPT products include its CryptoGuard Web3 security extension and an AI News aggregator that provides easily digestible, unbiased news from across the Web3 world.
Arkham
Arkham deploys AI to analyze blockchain data to enhance crypto intel and make it available for all users. The platform provides a comprehensive outlook of blockchain activity by attributing real-world identities to blockchain addresses, enabling a more secure environment by tracking stolen funds, identifying scammers, auditing transactions, and probing hacks. Arkham leverages its proprietary AI system known as ULTRA to aggregate and analyze data from various blockchains, providing valuable insights for traders, compliance teams, and researchers. Its native ARKM token powers an “intel-to-earn” economy where users can buy and sell crypto intelligence that could include hacker tracking data or curated data feeds.
As both the blockchain and AI space continue to mature and expand, we can expect to see even more exciting projects and use cases that push the boundaries of how these technologies can work together.