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Best AI Crypto Projects in 2024

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Swen Keller
In the crypto world Swen has consistently found success through his effective communication skills and the unique ability to navigate the details.
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What are AI Crypto Projects?

AI crypto projects are cryptocurrency projects that are building and using artificial intelligence (AI) to maximize the functionality, performance, and security of their systems. This includes projects that utilize AI to improve their underlying infrastructure, as well as projects that use the power of AI to develop and execute new applications on the blockchains.

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    In the past year or so, there has been a great rise in the number of AI crypto projects. The most significant factor behind this growth is the increasing demand for AI-powered solutions in the cryptocurrency industry, as has been the case in every field. 

    If you’re new to the crypto space and looking for the best AI crypto projects with the most potential, this article will provide you with a deep dive into this sector. 

    List of Best AI Crypto Projects

    Cryptocurrency is a comparatively new and young industry. As a result, several new projects and companies appear on the surface almost every week. The noise is enough to confuse a beginner crypto investor. Following is a list of nine of the best AI crypto projects with great potential in the future. 

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    Fetch.ai (FET)

    Founded in 2017 by Toby Simpson, Thomas Hain, and Humayun Sheikh, Fetch.ai (FET) is one of the most promising and most unique AI crypto projects. Fetch.ai is an Ethereum layer-1 project with a goal to serve as an interchain bridge to the blockchain world. 

    The project uses the power of machine learning and decentralized blockchain networks to create autonomous economic agents that are able to interact with each other and the real world. These autonomous agents enable Fetch.ai to create an ecosystem where machines can interact in a completely trustless and efficient manner without the need for any manual intervention by a human agent. 

    Fetch.ai has a wide range of functionality and potential use cases. The platform can be used to automate and optimize several industries, including transportation, decentralized finance (DeFi), and healthcare. The underlying technology is designed in a way that it can be implemented to optimize any digital system that relies on large sets of data. 

    FET token acts as the native token of the Fetch.ai ecosystem. FET holders can participate in the staking and governance of the platform. Moreover, the crypto token is also used to pay network fees and incentives for users. 

    The Graph (GRT)

    The Graph (GRT) is another AI cryptocurrency protocol that combines the strengths of AI and blockchain technology, making itself one of the most compelling AI crypto projects. Built on Ethereum in 2018, The Graph is a decentralized protocol that enables indexing data on blockchains, making it easy to query data in decentralized ecosystems. 

    The Graph plays a critical role in the Web 3.0 ecosystem. It enables developers to build DApps that can access and query data seamlessly from different blockchain platforms using The Graph GraphQL API. The indexing, which is usually very difficult in the case of blockchain data, is done using artificial intelligence and machine learning.

    From DeFi to NFTs and from gaming to social media, almost every type of DApp can benefit from The Graph and its AI-powered data indexing. The Graph network includes more than 3,000 subgraphs, which include subgraphs for industry-leading decentralized protocols like AAVE, Aragon, Decentraland, Sushi, and more. 

    GRT – an ERC token – serves as the native cryptocurrency of The Graph’s ecosystem and has a total supply of 10,769,137,883 tokens. It is used by network users to pay network fees and is also used to reward indexers, curators, and delegators for their work and stake.

    Ocean Protocol (OCEAN)

    Ocean Protocol (OCEAN) was founded in 2017 by Bruce Pon and Trent McCoughy, who currently serve the protocol as CEO and AI engineer, respectively. Ocean Protocol is an AI crypto project that enables individuals and institutions to share and access information securely and efficiently. 

    Ocean Protocol enables data owners to monetize their data and consumers to access this data in a secure manner without leaving the encrypted environment. The platform uses ERC-20 smart contracts and AI algorithms to achieve its goal. Without AI crypto projects like Ocean Protocol, sharing such data in Web 3.0 is extremely tricky and unsafe. 

    Ocean Protocol has a wide range of use cases as it can prove to be a useful platform in the fields of scientific research, financial services, healthcare, and any other industry where sharing sensitive data is critical. Any network participant can tokenize their data and make it available in the Ocean Market. 

    The Ocean token serves as the native cryptocurrency for Ocean Protocol. The token is used for staking, paying for services, and income for data providers. The maximum supply for the cryptocurrency is capped at 1,410,000,000 tokens, all of which are currently circulating in the market. 

    SingularityNET (AGIX)

    Founded in 2017 by two prolific AI engineers – Ben Goertzel and David Hanson – SingularityNET (AGIX) is another top AI crypto project that brings blockchain and AI together to curate a platform with unique offerings. SingularityNET is a decentralized AI platform that serves as a marketplace where developers can sell AI services. 

    Using smart contracts, the platform enables engineers to build and monetize AI algorithms while institutions can explore, evaluate, and purchase these services. Being built on top of a decentralized blockchain allows the platform to create a trustless and secure environment for sellers and buyers, both.

    As of right now, the three broad categories for AI algorithms supported by the SingularityNET marketplace are robotics, biomedical research, and cybersecurity. However, moving forward, the development team plans to add more categories with time. 

    The ecosystem is powered by the AGIX token, which acts as the platform’s native and governance cryptocurrency. It is also used to pay for developing, deploying, and executing AI algorithms. Network agents stake AGIX to participate in the marketplace. The stake can be lost if an agent receives poor ratings from sellers or buyers. As of November 2023, the total supply of the crypto token is over 1.34 billion AGIX, with the maximum supply capped at 2 billion AGIX. 

    Render Token (RNDR)

    Render Token (RNDR) is one of a kind platform that combines the innovative technologies of GPU rendering, AI, and blockchain to create a decentralized GPU rending network that enables users to rent out their unused GPU power to 3D artists and studios. Built on Ethereum, Render Network offers global access to otherwise underutilized GPU computational power. 

    The platform can be used for any sort of complex rendering tasks that require powerful GPU, such as VFX, motion graphics, and 3D animations. In order to maximize its efficiency, the Render network uses AI and machine learning. It allows the platform to optimize available resources and assign rendering tasks accordingly. 

    When a Render user creates a request for any rendering task, they must specify the amount of RNDR tokens they are willing to pay as well as any additional rendering requirements. The AI-powered protocol then matches the task request to a suitable GPU provider who will be rewarded with RNDR tokens. 

    As soon as a provider accepts the task, RNDR tokens are transacted out of the user’s wallet and are held in escrow until the task is completed. After the rendering task is completed, the underlying AI algorithms review the created results and release the payment after the verification is successfully done.

    The Render development team is working on introducing additional features soon and is currently exploring possibilities with the Stable Diffusion feature that will allow users to create images through simple text prompts using AI protocols. 

    Numeraire (NMR)

    Launched in 2015, Numeraire (NMR) was founded by Richard Craib, who was voted for Forbes 30 under 30. Built on top of the Ethereum blockchain, the protocol encourages the development of AI models by incentivizing and rewarding AI engineers. It is a platform for data scientists and AI developers to experiment and enhance AI-based technologies. 

    Numeraire is part of a larger platform called Numerai, primarily a hedge fund that uses artificial intelligence (AI) to make predictions about financial markets. For that reason, Numeraire claims to be the first crypto project to be created and launched by a hedge fund.

    The platform provides developers with the financial data required to build financial prediction protocols. It hosts an artificial intelligence tournament, where developers participate with their AI models. The model that makes the most accurate predictions wins a reward in the form of NMR tokens.

    The NMR token is also used to pay for the services provided by the Numeraire platform, which include data storage, computation, and access to historical financial data. The greater the number of participants in the tournament, the higher the NMR demand will be. Currently, there are about 6,195,048 tokens in circulation, with a market capitalization of about $74 million. The maximum supply is capped at 11 million NMR. 

    ChainGPT (CGPT)

    Launched recently in 2022, ChainGPT is one of the fastest-growing AI crypto projects with great potential in the future. As apparent by the name, the project is a Web 3.0 equivalent of ChatGPT. 

    Simply put, ChainGPT is an AI-driven platform built to address common issues in the blockchain industry using high-speed computers and cutting-edge algorithms. It has several features that are designed specifically for individuals, developers, and institutions. 

    For instance, features like news sources, blockchain analytics, on-chain live data, and chart analysis can be an incredible set of tools for individual and institutional investors in order to navigate through the complex world of blockchains and cryptocurrencies. Simultaneously, tools like a no-code smart contract generator, code debugger, smart contract auditor, document creator, and AMl features will aid DApp developers extensively in creating innovative blockchain-backed projects. 

    More importantly, SDK and API services offered by ChainGPT will allow developers to create applications powered by ChainGPT as well as integrate the protocol into existing DApps. This AI crypto project has immense potential to become a significant part of Web 3.0 in the near future. 

    The ChainGPT ecosystem is powered by CGPT, the native crypto token of the platform. CGPT is required for users to access ChainGPT tools. The token is also for staking and farming purposes. Furthermore, the development team plans to make it a part of the DAO governance in the future. It is important to note that half of all the fees collected by ChainGPT will be burned, while the rest will be used to scale and improve the platform. 

    Cogwise (COGW)

    Cogwise (COGW) is a relatively new AI crypto project that has been gaining a lot of popularity in the cryptocurrency community from investors. The project is developing an innovative AI model that will be powered by blockchain technology. This model aims to provide users with in-depth insights in real-time on a wide range of topics, including crypto markets, global financial data, and more.

    On top of that, the platform also offers features like CogwiseAI Core, an AI-powered personalized assistant. The assistant is capable of generating and auditioning smart contracts, analyzing the market, and aiding traders. Being built using Natural Language Processing, interacting with the assistant is almost like talking to a fellow human. Other features include Cogwise Wallet Tracking, Smart Alerts, and Cogwise Engine.

    The COGW token is the native cryptocurrency of the Cogwise platform. COGW is used to access the Cogwise AI model and its various features. COGW holders will also be able to participate in the governance of the Cogwise platform and vote on proposals related to its development and future direction.

    Cogwise is currently in its early stages of development, but the project has a lot of potential. The team is committed to building a truly innovative and disruptive AI platform that will be used by millions of people around the world.

    Cortex (CTXC)

    The last AI crypto project on our list, Cortex (CTCX), is a decentralized AI-powered platform that enables AI developers to upload their models and execute them on the blockchain network. Cortex was founded in 2017 by Ziqi Chen. Built on Ethereum, Cortex combines blockchain and AI to maximize the functionality of smart contracts. 

    The platform runs on a unique underlying framework, Cortex Virtual Machine. Instead of CPU processors, developers chose to power Cortex Virtual Machine using GPU processors to ensure enhanced processing power. The goal is to create a secure, efficient, and scalable platform that facilitates the increasing demands of blockchain and AI users.

    Any network participant can upload their AI algorithm on the Cortex blockchain and execute it at an incredibly low cost. The blockchain allows users to create custom laws for smart contracts. AI-enabled smart contracts have a much-improved functionality compared to traditional smart contracts and can be used for every sort of application, such as NFTs, play-to-earn games, stablecoins, and more. 

    CTXC acts as the native cryptocurrency token for the Cortex network. Developers are paid in CTCX for building and selling AI models. The maximum supply of CTXC is capped at 299,792,458 tokens, out of which 215,810,058 tokens are currently in circulation. The total market cap of the project is just around $26 million at the time of writing this article. 

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    Things to Consider When Investing in a Crypto Project

    With any new and growing trend in the tech world, the number of unjustifiably hyped startups also increases. The fake hype and social media buzz can easily misguide newcomers to the market. With a surge in AI crypto projects over the last year, the need to recognize reliable and trustworthy projects has become more critical. 

    Following are a few significant factors that every crypto investor must consider before getting into a crypto project.

    The Team

    The team behind the development and management of any crypto project is one of the most important factors to evaluate, as they are the ones who are responsible for developing and executing the project’s vision. The ideal case scenario is to look for a team with a wide range of experience in blockchain technologies, decentralized ledgers, and artificial intelligence.

    Underlying Technology

    New crypto projects often claim to be something much greater than they are capable of. Big promises and ambitious roadmaps lead nowhere if you don’t have the necessary technology and underlying framework to execute your plans. That’s why investors must evaluate the technology of the crypto project they are about to invest in. 

    Use Cases

    Cutting-edge technology and innovative protocols mean nothing if they cannot solve real-world problems. The value of a cryptocurrency increases only if the platform has some actual use cases. Look for institutional adoption and high-profile partnerships in order to evaluate the functionality of any crypto project. 


    The community around a crypto project is important because it can provide support and development resources. A project with a strong and active community is more likely to be successful. Explore the project’s social media accounts and online forums to get an idea about its community. 


    The tokenomics of a crypto project refers to the distribution and supply of the project’s native token. Make sure you understand how the tokenomics work and why they are designed the way they are. Is the token supply inflationary or deflationary? How is the token distributed? All these factors matter significantly in the long run of any crypto project.

    Market Cap

    The market cap of a crypto project refers to the total value of all the crypto tokens in circulation. Market cap can give investors a clear idea about the size and popularity of a crypto project. A high market cap reflects high demand for the token in the crypto industry. 

    The Future of AI and Crypto

    Undoubtedly, artificial intelligence and cryptocurrency have been two of the hottest topics in the tech space in recent years. Both industries have been making huge progress in their respective sectors with significant developments, one after another. Recently, developers have started exploring possibilities that can happen by merging the two innovative trends. The result is a series of incredible projects and protocols with massive potential to change the things that work in industries like finance, healthcare, and supply chains. 

    For instance, by building AI applications on blockchain platforms, developers can make DApps that are more secure, efficient, trustless, and accessible than ever before. Similarly, AI-powered DeFi protocols are comparatively more transparent and quick. It also presents us with resources to build automated lending platforms, prediction models, and market assessment tools. When it comes to blockchain marketplaces, AI can improve crypto trading platforms by making them quicker and foolproof. 

    These are just a few examples of the many ways in which AI and crypto can potentially overlap to create better services and protocols. With time, we will see an increasing number of AI crypto projects.

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    Most frequent questions and answers

    Although there are several AI-driven crypto trading bots available on the internet, they are still in their early stages of development and, hence prone to error. These bots are meant to be used only as a secondary tool. It is not advised to completely rely on any AI crypto trading service. 

    Crypto traders can easily buy tokens for AI crypto projects through popular cryptocurrency exchanges, such as Binance, Kucoin, and Coinbase.

    Artificial intelligence can be used to enhance crypto mining by optimizing algorithms and offering real-time data. The developments in this sector are still new and need more time before we see a fully automated AI-powered mining system.

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    Skrumble.com provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade, or sell any investment instruments or products, including but not limited to cryptocurrencies, or use any specific exchange. Please do not use this website as investment advice, financial advice, or legal advice, and each individual’s needs may vary from that of the author. Investing in financial instruments, including cryptocurrencies, carries a high risk and is not suitable for all investors. It is possible to lose the entire initial investment, so do not invest what you cannot afford to lose. We strongly advise conducting your own research before making any investment decisions. This post includes affiliate links with our partners who may compensate us.

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