1. Fetch.ai (FET)

Fetch.ai allows users to leverage resources and tools to build and monetize AI-powered crypto apps and services. It features autonomous economic agents capable of performing various tasks such as processing and sharing data among IoT devices, executing crypto transactions, and facilitating trades on decentralized exchanges. It operates on its blockchain with a mixed consensus mechanism of Proof-of-Work (PoW) and Proof-of-Stake (PoS).

Founders: Humayun Sheikh, Toby Simpson, Thomas Hain
Funding: Approximately $115.9 million
Notable Milestones:

• Partnered with SingularityNET and Ocean Protocol to launch the Superintelligence Alliance.
• Launched DeltaV to enhance user experiences through AI-powered chat interfaces.
• Became the largest crypto AI token by market capitalization by early 2024.

2. NEAR Protocol (NEAR)

NEAR Protocol is a layer-1 blockchain designed to provide a scalable and developer-friendly platform for building decentralized applications (dApps). It uses sharding to enhance scalability and performance, handling up to 100,000 transactions per second (TPS).

Founders: Alexander Skidanov, Ilya Polosukhin
Funding: $1.1 billion
Notable Milestones:

• Over $1B in funding.
• Rolled out User-Owned AI, a research and development lab for decentralized AI.

3. Render Network (RNDR)

Render Network decentralizes GPU cloud rendering by connecting those who need rendering services with owners of high-performance GPUs. It supports tasks ranging from basic rendering for gaming to complex AI and machine learning projects.

Founder: Jules Urbach
Funding: $30 million
Notable Milestones:

• Launched OctaneX, a GPU renderer for iPad.
• Became one of the most sought-after rendering solutions in early 2024.

4. The Graph (GRT)

The Graph is a decentralized indexing protocol that collects, processes, and stores information and data, allowing users to navigate and explore different blockchain ecosystems. It features Subgraphs to enhance data querying across several networks.

Founders: Yaniv Tal, Brandon Ramirez, Jannis Pohlmann
Funding: $222.2 million
Notable Milestones:

• Expanded to decentralized AI, creating Agentc, a ChatGPT-like tool.
• Released the Sunrise Upgrade Program, allowing users to earn GRT as rewards.

5. BitTensor (TAO)

BitTensor utilizes a unique consensus mechanism called Proof-of-Intelligence (PoI) to reward miners for valuable contributions. It functions as a decentralized marketplace for AI, machine learning, data storage, price feeds, and more.

Founders: Jacob Steeves, Ala Shaabana
Funding: Incubated by Polychain Capital with over $200 million
Notable Milestones:

• Released the BitTensor Language Model (BTLM).
• Backed by Digital Currency Group (DCG), Polychain Capital, and Firstmark.

6. Akash Network (AKT)

Akash Network introduces a cloud-computing marketplace where users can buy and sell cloud resources using AKT. It provides decentralized storage and asset ownership at a lower cost than traditional systems.

Founders: Greg Osuri, Adam Bozanich
Funding: $26.2 million
Notable Milestones:

• Partnered with Solve.Care, a blockchain-based healthcare platform.
• Collaborated with Passage, a web3 platform for content creators.

7. AIOZ Network (AIOZ)

AIOZ Network is a blockchain-based platform focusing on Web3 storage, AI computing, live streaming, and video on demand. It operates on the Cosmos network and utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism.

Founders: Erman Tjiputra, Quang D. Tran
Funding: $1.35 million
Notable Milestones:

• First DePIN project listed on Nvidia’s Accelerated Applications Catalog.
• Launched AIOZ Node V3, enabling 160,000 network nodes.

8. SingularityNET (AGIX)

SingularityNET is a marketplace for AI products and services, allowing users to create and integrate AI-powered models into their projects. It offers over 70 AI-powered services.

Founders: Dr. Ben Goertzel, Dr. David Hanson
Funding: $36 million
Notable Milestones:

• Reached over $1 billion in market capitalization in early 2024.
• Partnered with Minswap, the largest DEX on Cardano.

9. Ocean Protocol (OCEAN)

Ocean Protocol allows data suppliers to sell specific data directly to consumers through AI-powered smart contracts. It supports a wide range of industries, including healthcare, politics, finance, and e-commerce.

Founders: Bruce Pon, Trent McConaghy
Funding: $39.19 million
Notable Milestones:

• Part of the Superintelligence Alliance with SingularityNET and Fetch.ai.
• Launched Data Farming (DF) rewards, allowing users to earn OCEAN by making predictions via Ocean Predictoor.

These projects showcase the diverse applications of AI in the crypto industry, ranging from decentralized cloud computing to data indexing and AI marketplaces. They highlight the potential of combining AI and blockchain technology to create innovative solutions and new use cases.

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