The Protocol For The Open Web
Hey everyone,
it’s Pick Day!
Every Saturday, you get deep dives on quality Altcoin projects that have numerous growth potential included in our watchlist.
Let’s dive in!
Crypto x AI
Since the launch of ChatGPT in November 2022, the AI narrative have gained attention in the tech industry.
According to Ark Invest, AI should increase the productivity of knowledge workers more than 4-fold by 2030 and the global labor productivity ~$200 trillion.
This interest has spilled over into the crypto space, bringing attention to AI-related cryptocurrencies.
In fact, AI was by far the most popular crypto narrative in 2023, accounting for 11.3% of crypto narratives interest.
Progress in AI will only increase demand for crypto solutions
In an age of digital abundance and generative AI, tech that provides reliable, global, and mathematically guaranteed provenance and digital scarcity will be critical.
Here lies the opportunity of today’s pick.
Our next pick, in particular, is an next-generation protocol that bridges Web3 to AI.
The protocol is designed to build an open, efficient, and decentralized distribution of information on the Web3, allowing users to train AI models with decentralized content and access data from blockchains.
Now let’s tell you which project we are talking about and share the full investment case with you: