Are These AI Crypto Projects All Hype?

TL;DR

• Most AI tokens are designed to be used to purchase services from AI ecosystems…but for now they’re mainly being used as a form of speculative investment.

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So, not sure if you’ve noticed or not, but…

AI, and AI-related tokens have been booming over the past 6-12 months.

WorldCoin (WLD) traded up ~350% since its listing price about a year ago, Livepeer (LPT) and Arkham (ARKM) also saw gains at 140% and 100%, respectively. 

Which might lead you to believe decentralized AI networks are in high demand…

The disappointing reality is that, while the intended use case for most of these AI tokens is to purchase services from specific AI ecosystems…they’re mainly being used as a form of speculative investment. 

Which means the demand for decentralized AI may be a little over blown right now…

But, here’s the twist:

These crazy valuations could actually be doing God’s work (as they say).

Because the concept of one, or a select few companies having full control over Earth’s first/only digital super intelligence(s) is terrifying.

Which makes decentralized AI a MASSIVELY important technology.

So if we need to over-fund a few crypto projects in order to make decentralized AI cheap, easy to use, and commonplace:

We’re all for it!