What’s New in AI Crypto and Blockchain
Since this year, artificial intelligence crypto projects have been changing the blockchain industry, using automated data analysis and decision-making processes to create smarter and more efficient decentralized systems.
Here’s what’s new in cryptocurrency and blockchain AI: The Graph introduces new data standards, NEAR protocol become compatible Metamaskthe ASI Alliance announced the launch of a new staking platform.
Graph Protocol launches GRC-20 data standard
Graph Protocol uses artificial intelligence to improve decentralized indexing and query capabilities of blockchain data, introducing a new data standard called “GRC-20‘.
The standard has the potential to replace traditional frameworks such as Resource Description Framework (RDF), which are not well suited to the decentralized nature of Web3.
comprehensive, GRC-20 provides a common language of knowledge. It will allow developers to build interoperable Applications that can evolve with the dynamic development of Web3 technology.
“Just like ERC-20 standardized value on Ethereum, GRC-20 will standardize data, information and knowledge and make web3 a reality,” The Graph wrote on X (formerly Twitter).
Following the announcement on November 21, The Graph’s GRT token Soared nearly 12%.
NEAR protocol, supporting artificial intelligence-driven blockchain networks dAppsnow is compatible and crypto wallet Metamask. Users can now interact with NEAR applications directly through MetaMask wallet.
It is worth noting that this integration is MetaMask’s Snap Ecosystemwhich extends its functionality to support non-EVM (Ethereum Virtual Machine) Blockchains like NEAR.
Additionally, NEAR Snap will allow Metamask Interact with NEAR and sign transactions, Solanauniverse, paperBitcoin, SuiAptos, Algorand, etc.
“Whether you are a Decentralized Finance Gone are the days when degen, an NFT enthusiast, or a meme hunter juggled multiple wallets at once. With NEAR’s Chain Abstracted future, you’ll be able to use your Ethereum wallet Unlock the entire Web3″, NEAR protocol wrote on X (formerly Twitter).
According to data, NEAR remains the largest artificial intelligence token by market capitalization Coin Gecko. The coin has been on a tear this year, rising nearly 250% since January.
Artificial Super Intelligence Alliance announces details of FET staking model
The Artificial Super Intelligence Alliance (ASI Alliance) announced details of its staking platform, ASI Train. It will use a unique staking model for Fetch.ai’s FET tokens.
Under the project, investors will be able to stake their FET tokens and receive rewards. It will help support the development of artificial intelligence models across industries.
“ASI: Train will allow $FET holders to secure the AI base model and participate in its economic potential by locking up their tokens. The base model is large-scale, pre-trained machine learning Models provide starting points for different scientific purposes. They are trained and have access to a variety of large data sets, specializing in a certain part of a domain. ”ASI Alliance wrote on X (formerly Twitter).
The ASI Alliance is a collaborative initiative Composed of Fetch.ai, SingularityNET and Ocean Protocol. The alliance was established in March 2024 to advance decentralized artificial intelligence research and development.
After the alliance was established, FET Token Hits All-Time Highs The price in March was $3.45.
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