Today, innovation has a lot to do with Artificial Intelligence (AI). The technology enjoys undivided attention: it corresponds to an overall social phenomenon that will have a significant impact on our everyday life, our working life and our economy in the coming years. The AI market is expected to grow in value to $191 billion by 2024, according to analysts at Market Research Engine.

Especially in the cryptocurrency space, AI-based projects seem one of the most exciting areas — but with so much choice, it’s hard to find the ones who really deserve your attention. I’m going to separate the wheat from the chaff. Here are 3 AI-based projects I hand-picked for you. I suggest you take a closer look at them.

Fetch.ai (FET)

Fetch.AI is at the forefront of accelerating research and deployment of emerging technologies, including blockchain and AI. Its solutions are designed for people, organizations, and IoT. The project has created an Open Economic Framework (OEF) that serves as a decentralized search and a value exchange platform for various autonomous economic agents. This is supported by a smart ledger that can support more than 30,000 transactions per second, and which is ready to meet the demands of the next generation of connected devices.

The platform simplifies the deployment of algorithms, IoT and complex systems. By using a collective learning AI/ML architecture, enabling devices and software agents to find each other, learn from each other and exchange value with each other, enhancing and optimizing solutions to everyday problems through intelligent connectivity, machine learning and AI.

Check out their use case (link).

Partners

Join the Fetch.AI Community channel here (link).

Here is a guide on “How to Buy Fetch AI (FET)” (link).

To check the their token price follow that link.

Vectorspace AI (VXV)

A little hidden treasure among the crypto scene that I recently discovered is Vectorspace AI (VXV) What convinced me about this project is their solid team with a well-known track record in Silicon Valley that’s been working together for over 20 years and has launched significant startups (link) along with founding a public company that Microsoft invested in (link). They have a deep understanding of the financial markets, having developed algorithms for quantitative information arbitrage opportunities, running public companies and advising hedge funds.

Here is a use case on how Elastic, a $5 billion dollar publicly traded company, is using Vectorspace AI’s products to showcase their own product named ‘Canvas’: “Generating and visualizing alpha with Vectorspace AI datasets and Canvas”(link).

Vectorspace AI also provides datasets to WorldQuant, a hedge fund and asset management company with $6B under management. (more)

Vectorspace AI invents systems and datasets that mimic human cognition for the purpose of information arbitrage and scientific discovery (high-level AI/NLP (Natural Language Processing)/ML (Machine Learning) for Genentech, Lawrence Berkeley National Laboratory, the US Department of Energy (DOE), Department of Defense (DOD), NASA’s space biosciences division, DARPA, and SPAWAR (Space and Naval Warfare Systems division of the US Navy) among others.

Vectorspace AI’s focus is on NLP/NLU (Natural Language Processing/ Understanding) for hidden relationship detection in data for the purpose of powering advanced approaches in AI and ML. Their platform powers research groups, data vendors, funds and institutions by generating on-demand NLP/NLU correlation matrix datasets. Their objective is to enable any group analyzing data to save time by testing a hypothesis or running experiments with higher throughput. This can increase the speed of innovation, novel scientific breakthroughs and discoveries.

Partners & Collaborators

To join the Vectorspace AI community channel follow this telegram link.

They compiled a guide on how to buy VXV on ProBit Exchange (link)

To check VXV price action on CMC, click here (link).

SingularityNET (AGI)

SingularityNET is a decentralized, full-stack Artificial Intelligence (AI) network featuring an AI-as-a-Service (AaaS) marketplace. The Netherlands-based project aims to further AI development and implementation, and has partnered with companies such as Domino’s pizza. AGI is the proprietary cryptocurrency token used by SingularityNET.

SingularityNET aims to enable the discovery of AI services and algorithms created by developers from all over the world in a decentralized and commission free manner. Their platform is unreservedly inclusive as they seek to create a rich and diverse ecosystem of developers that will participate in making an array of creative and competitive services. “At SingularityNET, we believe in protecting the privacy of our platform participants and our decentralized architecture removes the element of trusting any centralized and privileged entity.”

Partners & Collaborators

To join the SingularityNET Community channel here (link).

For a guide with instructions on how to buy AGI, follow that link.

To check the AGI price go here: link.