Artificial intelligence (AI) is expected to be a hot issue in 2023, according to trends and research.
There has been a sharp increase in demand for AI-focused cryptocurrency ventures since interest peaked and Microsoft invested billions in Chatgpt.
For instance, the native token FET of the cryptocurrency project Fetch.ai has increased by 212% over the previous 30 days, and the native token AGIX of the Singularitynet AI project has increased by 293% over the same period of time.
The global Google Trends score for the phrase “AI” during the week of January 22–28, 2023 was 94 out of 100.
The search term’s Google Trends score of 100 peaked in the first week of December 2022.
According to Google Trends, “Chatgpt” has a global score of 100 for the week of January 22–28, 2023, and it has been increasing since the first week of December 2022.
Due to the rising popularity of artificial intelligence (AI) and the demand for the technology, blockchain projects are now incorporating AI into their protocols.
For instance, the native token AGIX of a cryptocurrency asset established by the singularitynet.io project has increased by 293% over the last month.
Singularitynet (AGIX) was down more than 6% on January 29, 2023, although during the previous two weeks, it had climbed 17.5%.
The value of the VXV token, which is used in Vectorspace AI (vspb.science), another blockchain-based AI project, has increased by 95.9% in the last month.
Over the previous four weeks, there has been a similar demand for the Fetch.ai initiative.
The FET token from the Fetch.ai project has increased 212% versus the dollar over the last 30 days.
According to the Fetch.ai team, the project develops “autonomous agent technology” for peer-to-peer apps that have automation and AI capabilities, whether or not they have direct access to the blockchain. The OCEAN token from Ocean Protocol, another AI-based blockchain startup, has increased 130% against the US dollar over the last 30 days.
The popularity of these tokens and the need for AI-based crypto assets are both in flux.
All of the AI-related cryptocurrencies are now outside of the top 75 in terms of market capitalization, but their prices have recently risen as a result of the rise in popularity of AI/Chatgpt.