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ChatGPT’s artificial intelligence has triggered a significant growth of cryptocurrencies based on artificial intelligence

3:37 pm, February 8, 2023

The most popular artificial intelligence ChatGPT, developed by OpenAI, has triggered the growth of AI-based cryptocurrencies. According to CoinGecko, the value of well-known AI tokens, including: GRT, AGIX, FET, and OCEAN, increased by up to 185% over the past week.

The Graph cryptocurrency (GRT) has increased by 104.8% over the past 7 days, trading at $ 0.182 497 at the time of writing. GRT is an artificial intelligence token running on the Ethereum blockchain. Similar to the Google system that indexes websites, The Graph indexes blockchain data from networks such as Ethereum and Filecoin. The data is grouped into open APIs. The Graph Network adheres to the principles of maximum decentralization: most stages of the protocol are distributed among thousands of community members, and their contribution to the network is paid for with GRT tokens.

The SingularityNET token (AGIX) grew by 185% over the past week, but at the time of writing, the value of AGIX has dropped by 9.6%. The cryptocurrency is currently trading at $ 0.503 032. SingularityNET is the first decentralized platform for AI applications built on the Cardano blockchain. The project was founded by Ben Herzl, a cognitive scientist and one of the leading experts in AI research.

The digital asset Fetch.ai (FET) also lost 9.6% of its value over the past 24 hours, but the overall performance remains positive for investors. FET has managed to gain 81% over the past week, currently trading at $ 0.501 180. Fetch. ai is an open-access network that uses decentralized artificial intelligence and machine learning to ensure the growth and development of the digital economy with minimal human intervention. The platform provides developers with the tools necessary to create autonomous agents that optimize smart homes, supply chains, transportation, and other industries. The native Fetch. ai FET token is used to pay network commissions and reward validators.

The Ocean Protocol (OCEAN) token grew by 45.4% over the same period, trading on CoinGecko for $ 0.509 118 at the time of writing. Like the previous cryptocurrencies, OCEAN lost 4.6% over the past day. Ocean is an open-source protocol that allows individuals and businesses to exchange and monetize data in a secure and transparent manner. Thanks to its decentralized architecture, users can create smart contracts that automate the exchange of digital assets between parties and conduct transactions without intermediaries.

As for the ChatGPT chatbot, Chinese developer Xin Chen has created an unofficial AI application that is already available for download on Windows, MacOS, and Linux. According to the first users of the new product, despite being unofficial, the application works properly. The main page of the application looks like a browser version of ChatGPT, but with updates. Xin Chen added hotkeys to navigate to the most popular queries.

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