Artificial intelligence is a rapidly evolving technology, transforming multiple industries. As AI grows, blockchain technology is providing a secure and decentralized platform for deploying and scaling AI applications.

At the convergence of AI and blockchain, several innovative AI crypto projects are paving the way for new possibilities.

In this article, we will look at the top 7 AI crypto coins that are at the forefront of shaping the future of both AI and cryptocurrencies.

Near Protocol (NEAR)

Near Protocol decentralized crypto platform designed to facilitate the creation of decentralized applications (dApps) that have a high level of security, scalability, and usability. It integrates AI to further enhance user experience and streamline processes.

Near Protocol aims to make blockchain technology more accessible to developers and businesses. According to Forbes, Near Protocol is the top AI crypto project with more than $6.8 billion market capitalization

Key Features

• Near Protocol uses sharding technology for high scalability and low transaction costs.
• It integrates AI for a better user experience. For instance, this project uses advanced language models to simplify smart contract development.
• The native NEAR tokens have multiple use cases such as for staking purposes, paying transaction fees, and for governance.

Why is it top in 2024? Near Protocol focuses on usability and AI-driven enhancements so that developers use it to integrate AI into blockchain technologies. As the partnerships and developer support grow, NEAR is well-positioned to support AI-driven decentralized applications at scale.

Internet Computer (ICP)

As its name suggests, Internet Computer aims to decentralize the Internet itself. It allows developers to build websites, applications, and the entire ecosystem on its platform.

With its particular focus on AI and machine learning applications, Internet Computer hasn’t failed to grab a spot in the top AI crypto projects list. Its infrastructure is mainly built to support complex and compute-heavy applications at web-scale speed.

Key Features

• Internet Computer supports high-performance dApps with the speed and scale of traditional cloud solutions.
• It combines AI technologies into its architecture to facilitate the development of decentralized applications to process and analyze large data sets.
• The native ICP tokens are used for computing cycles and governance on the platform.

Why is it top in 2024? Internet Computer’s ability to support AI-driven applications on a decentralized platform opens doors to vast possibilities.

This gains much more importance as web3 gains momentum. Internet Computer has a unique approach to scaling infrastructure for AI workloads, which makes it a major player in the AI blockchain space.

Bittensor (TAO)

Bittensor is exclusively designed for machine learning and AI applications. This platform aims to create a global open-source ecosystem where developers and data scientists can collaborate.

By doing this, they can contribute and benefit from shared machine learning models. Bittensor’s unique reward mechanism encourages the training and validation of AI models.

Key Features

• Bittensor incentivizes participants to train AI models using a novel proof-of-learning mechanism.
• Its TAO tokens reward contributors based on model quality and promote continuous model improvement.
• Bittensor focuses on open-source machine learning and allows developers to collaborate and share AI resources.

Why is it top in 2024? Bittensor came up with a groundbreaking concept of a decentralized approach to AI model development. As demand for scalable and open AI resources grows, Bittensor provides a framework that benefits not only developers but also users. Combining these capabilities, Bittensor became a worthwhile project to watch this year.

Artificial Superintelligence Alliance (FET)

Artificial Superintelligence Alliance was originally referred to as Fetch.ai. It aims to build an open, secured, and decentralized machine learning network for the crypto industry.

On this network, anyone can easily connect and access secure data sets with the help of autonomous AI to execute tasks. The major goal of the Artificial Superintelligence Alliance is to democratize superintelligent AI by creating an alliance of stakeholders.

Thus, they can contribute to the development of open, transparent, and ethical AI applications through this network.

Key Features

• Artificial Superintelligence Alliance is a collaborative network that develops ethical superintelligent AI for global use.
• Its decentralized governance structure ensures that development is aligned with community values.
• Its FET tokens incentivize participation, development, and governance within the ecosystem.

Why is it popular in 2024? Artificial Superintelligence Alliance is gaining significant attention with its focus on ethical AI. This project’s mission is to make superintelligent AI accessible to everyone and to push for transparent AI development.

Keeping the increasing priority of AI regulation in mind, this project’s decentralized and ethical approach is highly relevant this year.

Render (RNDR)

Render Network blockchain platform provides GPU-based rendering power for digital creators and AI developers. This peer-to-peer network allows AI apps and entertainment producers to rent unused GPU power.

By distributing computing power this way, Render Network enables resource-intensive AI applications, including training complex machine learning models at low costs.

Key Features

• One of its major features is its decentralized rendering services for AI and digital content creation.
• Its native RNDR tokens facilitate transactions for computing power and enable affordable AI development.
• Render Network’s partnerships with major creative and tech companies further extend its impact across industries.

Why is it top in 2024? As AI and visual content creation require massive computational resources, Render Network’s distributed model offers a cost-effective solution.

This project’s ability to support both AI and creative projects makes it a crucial resource for artists and AI developers alike.

Injective (INJ)

Injective Protocol is a decentralized exchange (DEX) that takes advantage of AI technology to improve trading efficiency and provide better insights for traders.

Its DeFi ecosystem offers a range of financial products, such as derivatives, spot trading, and prediction markets. Injective Protocol uses AI algorithms to support automated trading and optimize order matching.

Key Features

• Injective ensures efficient order execution with its AI-driven trading insights and algorithmic support.
• It supports DeFi products such as derivatives and prediction markets.
• The native INJ tokens are used for staking purposes, participating in governance, and paying transaction fees within the ecosystem.

Why is it top in 2024? Injective Protocol’s AI-enhanced approach to decentralized trading positions makes it a powerful tool for DeFi traders and investors.

The platform has a strong appeal for the growing decentralized finance community with its automated insights and a range of financial products.

The Graph (GRT)

The Graph is an AI-based decentralized platform that performs indexing and querying blockchain data to enable faster access to data for dApps. Its indexing service is essential for AI applications for quick and reliable access to data.

Different types of network participants such as Indexers, Curators, and Delegators lock up their GRT tokens. In exchange for maintaining security and data integrity by locking up tokens, network participants earn rewards.

Key Features

• Decentralized indexing is one of its key features that offers easy access to blockchain data, which is essential for dApps and AI models.
• GRT tokens incentivize indexers and delegators by offering rewards. They also ensure data availability.
• The Graph supports multiple blockchain ecosystems and provides seamless data querying.

Why is it top in 2024? The Graph’s data indexing capability is invaluable for AI-driven applications that rely on real-time blockchain data. As the demand for decentralized data services grows, The Graph is well-positioned to support blockchain and AI ecosystems.

Final Words

The intersection of blockchain and AI is leading to new frontiers in both technology and business. From AI-powered DEXs to platforms that democratize access to machine learning resources, AI crypto projects demonstrate the diversity and potential of blockchain space.

The above give list consists of some of the top AI crypto coins that investors can consider to add to their portfolios this year!

FAQs

What is the best AI crypto coin?

RNDR (Render), NEAR (Near protocol), TAO (Bittensor), GRT (The Graph), INJ (Injective Protocol), etc are some of the best AI crypto coins.

Is AI the future of crypto?

The convergence of AI and crypto has many possibilities that could shape the future of both AI and blockchain industries.

Is AI crypto safe?

The crypto industry is inherently risky and volatile, whether it is with AI or without AI. Users must verify and do their own research before choosing an AI crypto project to invest in.