Projects that combine cryptocurrency and artificial intelligence to create value are available for purchase
artificial intelligence (A.I.) and cryptocurrencies are arguably two of the most important technologies of this generation. Companies that successfully combine both and find value at the same time have a real opportunity to add incredible value.
This combination of elements is still relatively new. There is no clear leader in the crypto space that combines artificial intelligence to create real-world use cases and benefits. Instead, many companies and crypto projects are racing to do just that.
In this article, we will discuss three such cryptocurrencies. All of them have huge advantages simply because they touch on the above factors. Considering how much can happen in the crypto space, each also comes with risks. Invest wisely and know that most of your money should go to safer investments.
Theta Network (THETA-USD)
theta network (THETA-USD) is a blockchain-based video streaming platform. This project uses artificial intelligence to better deliver content and improve content discovery.
The project uses artificial intelligence to personalize content recommendations for viewers. This is done based on viewing history and individual user preferences. As you can imagine, this is useful for advertisers, who can target specific products and services to consumers based on their profile.
I would argue that this makes Theta Network particularly attractive among cryptocurrencies overall. The combination of content recommendations and ad monetization is very similar to companies like Google.
By and large, cryptocurrencies do not upend common business models. Instead, it simply adds the benefits of blockchain to these companies. Theta Network aims to improve its proven business model by adding artificial intelligence and blockchain technology. For this reason, there is no doubt that it is one of the cryptocurrencies that should continue to be watched, and that it has the potential to double in price in the future.
Grok (GROK-USD)
Grok (GROK-USD) is one of the most interesting and currently relevant applications of AI and cryptocurrencies. One that's currently getting a lot of attention is Grok GPT, a pre-trained generative transformer that works on the same principles as ChatGPT.
I'll come back to this in a moment, but I also want to point out that Grok also uses artificial intelligence, including in the creation of non-fungible tokens (NFTs). But the real star of the show is he Grok GPT. This is especially relevant since it is currently used by X (formerly Twitter).Grok is Offered as an advanced search feature for X Premium and Premium Plus subscribers.. It aims to provide humorous answers to user questions.
The fact that grok GPT is currently being used by other companies is a clear example of its usefulness. In fact, you could easily argue that monetization is the most important of all benefits.
VAIOT (VAI-USD)
viot (VAI-USD) uses artificial intelligence and blockchain to create a platform that provides so-called intelligent virtual assistants (IVAs).
These personal assistants can be accessed via mobile devices and use voice commands as a user interface. Among other things, it can be used to create custom contracts, which are then stored on the blockchain. The link above also shows a use case where a hypothetical user needs car insurance. This user uses an intelligent virtual assistant to secure the policy, which is then secured on the blockchain.
One of the most attractive aspects of this project is that it can be used to create legally compliant smart contracts. This is a very interesting application of AI voice commands to complex business processes. The project has clear real-world utility, making VAIOT one of the many AI blockchain projects to watch. In the future, many cryptocurrencies will combine utility and AI, and the combination of these factors will cause prices to explode. VAIOT could be one of them.
At the time of publication, Alex Sirois did not have (directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and reflect the opinions of InvestorPlace.com. Publishing guidelines.