Key Takeaways:
- Currently, 20 artificial intelligence (AI) tokens are available to buy on Crypto.com.
- The list includes popular tokens like Render, Fetch.ai, The Graph, and NEAR Protocol.
- Tokens like CorgiAI that fuse the AI narrative with other token categories like meme coins are also on the list.
- Smaller market cap tokens like Covalent, Arkham, and LimeWire are also available for purchase.
- To buy AI tokens with fiat currency, simply download the Crypto.com App, complete the KYC process, and charge your account via bank transfer, credit/debit card, or Apple Pay.
What Are AI Tokens?
Artificial intelligence (AI) tokens, a category of cryptocurrency projects, leverage the power of AI technology in various ways. They either develop or fuel AI-based projects, applications, and services, such as decentralised computer networks, decentralised AI marketplaces, AI-powered trading algorithms, AI-driven decentralised autonomous organisations (DAOs), and many others. These tokens serve different purposes, such as a means of payment for transactions on the AI platform or as a way of conferring governance rights to holders.
In this current market cycle, the intersection of blockchain and AI mainly falls into the categories of decentralised compute, zero-knowledge machine learning (zkML), and decentralised AI agents. A non-exhaustive list of projects, along with other emerging subcategories, is mapped out below.
Many of these tokens can be bought in the Crypto.com App and on the Exchange. Below is a complete list of all AI-related tokens currently available.
Decentralised Compute AI Tokens on Crypto.com
1. Render Token (RNDR)
For creators (customers) who require additional computation power for rendering their scenes, the Render Network (RNDR) connects them to node operators (GPU rendering service providers), who receive RNDR tokens in exchange for their GPU power.
Launched in 2020, Render Network provides one of the largest distributed GPU networks globally, with over 100,000 node operators on its waitlist. The network facilitates advanced AI and 3D rendering capabilities, thanks to its decentralised GPU offering invaluable compute resources. An ERC-20 token, RNDR is pivotal to the network’s operations, required by both creators and node operators.
2. Akash Network (AKT)
Akash Network (AKT) is an open-source decentralised cloud computing platform, providing decentralised processing and storage to users seeking alternatives for Google and Amazon Web Services (AWS). It features Akash ML, a supercloud for AI designed to provide decentralised and open access to the most sought-after commodity for machine learning GPUs.
In December 2023, Akash unveiled Akash Chat, its own version of a ChatGPT alternative that runs on an open-source version of the ChatGPT model (Mistral-7B open-source large language model). AKT is Akash Network’s multi-utility token used for governance, security, incentives, and value exchange within the network.
3. Golem (GLM)
Golem Network (GLM) is a decentralised compute marketplace, establishing a peer-to-peer (P2P) network where application owners and users can rent resources of other providers’ machines. Part of its vision is to create a global supercomputer that will offer purchasable computing power through a globally distributed network of computers. To demonstrate Golem’s capabilities, researchers were able to rent out 20,000 CPU cores to simulate 11 billion-plus chemical reactions.
Golem is amplifying its efforts to expand its ecosystem and to develop a decentralised physical infrastructure for open-source developers and AI companies, mainly through its GPU Beta Testing Programme.
The GLM token plays a vital role in the network, as it is the main payment method and store of value on the network. It is also used in the reward system to incentivise providers.
AI Agent Tokens on Crypto.com
4. Fetch.ai (FET)
Launched in March 2018, Fetch.ai aims to be at the forefront of accelerating research and the deployment of emerging technologies like blockchain and AI. Its solutions are designed for people, organisations, and the Internet of Things (IoT).
FET is the native cryptocurrency of the Fetch.ai platform, and users spend FET to pay for network transaction fees and services within the platform; they can also stake their own FET for the opportunity to have a say in the governance and direction of the Fetch.ai platform. Users who stake their FET earn interest at a variable interest rate of 10% annually.
5. SingularityNET (AGIX)
SingularityNET (AGIX) is a decentralised marketplace designed for ‘self-organising’ intelligence networks. It envisions a future where a network of AI agents can seamlessly interact with each other, enabling developers to easily publish and monetise their AI algorithms with its public API and decentralised marketplace.
AGIX is the network’s native token, used for governance, staking, incentives, and payment within the SingularityNET network.
Other AI Tokens on Crypto.com
6. The Graph (GRT)
The Graph (GRT) is a popular blockchain-indexing protocol that uses AI to make data more accessible. The Graph addresses the issue of data overload in blockchain networks by indexing data into subgraphs, making it easier for developers to access crucial information. Its native AI token, GRT, has a market capitalisation of over $3.09 billion (as of April 2024).
7. NEAR Protocol (NEAR)
NEAR Protocol was created by the NEAR Collective as a community-run cloud computing platform that can achieve up to 100,000 transactions per second (tps). It also features human-readable addresses and a more straightforward onboarding process for decentralised application (dapp) developers.
The native token, NEAR, serves as the core medium of exchange within the platform’s ecosystem and is mainly used by validators for staking; NEAR is distributed as rewards to these validators in exchange for serving the network.
8. Internet Computer (ICP)
Internet Computer (ICP) is a public blockchain network that combines the power of individual computers into a seamless universe. It is designed to host smart contracts built on an advanced decentralised protocol, known as Internet Computer Protocol (ICP). Its native token, ICP, is a utility token with multiple functions.
As a governance token, it can be staked to exercise those governance rights. As a utility token, it can be burned to obtain ‘cycles‘; this serves as gas for computation and storage in canister smart contracts. In addition, it can also be minted to reward ‘node machine‘ providers for providing that compute and storage. Finally, ICP tokens can be used to participate in decentralisation swaps.
9. Ocean Protocol (OCEAN)
Ocean Protocol (OCEAN) leverages AI to unlock large-scale data sharing while preserving privacy. The platform connects data consumers with data providers through a decentralised blockchain-based marketplace. Tokenising datasets and data services allows data providers to monetise their data and consumers to access valuable information. The project’s native AI token, OCEAN, enables transactions within the marketplace.
10. Echelon Prime (PRIME)
The Prime token (PRIME) is at the heart of an innovative project designed to bridge the burgeoning world of AI with blockchain technology. This project aims to democratise access to AI tools and services, enabling users across various sectors to leverage the power of AI in a decentralised and accessible manner.
By functioning as the primary medium of exchange within its ecosystem, the Prime token (PRIME) facilitates transactions, rewards contributions, and incentivises the development and utilisation of AI solutions. This aims to not only promote a more widespread adoption of AI technologies but also ensures that the benefits of AI advancements are shared across a broader community.
11. OriginTrail (TRAC)
OriginTrail (TRAC) is a decentralised knowledge centre that leverages a unique technical structure to bring together data providers, creators, holders, and those seeking information in a streamlined manner. The TRAC token is the main utility token for the network, used to pay fees, send value, compensate data providers and nodes, and serve as collateral.
12. CorgiAI (CORGIAI)
CorgiAI is a community-driven AI project that leverages AI to build tools that will further push the boundary of community building. Though it doesn’t develop or further AI itself, the project tries to fuse two of the most popular narratives in the current market cycle: AI and meme coins.
CORGIAI is the core token used within the CorgiAI ecosystem. It is used for staking and as a purchasing token for a wide range of features on CorgiAI’s roadmap. A portion of the tokens is also reserved on Ethereum for future expansion.
13. Oasis Network (ROSE)
Oasis Network is a privacy-focused smart contract network for open finance, created using the Cosmos software development kit (SDK). The initiative favours apps and use cases that improve data privacy and user confidentiality. ROSE, the native token for Oasis Network, is used for staking and delegating on the Oasis consensus layer and smart contract operations that require fees.
14. Numeraire (NMR)
Launched in 2015, Numeraire (NMR) is an Ethereum-based platform that enables data scientists and developers to create ML models for financial markets. The platform rewards data scientists and ML developers for accurate predictions with its native AI token, NMR. These predictions are then used to fuel the platform’s stock market strategy.
15. Covalent (CQT)
Covalent (CQT) is a unified API that aims to bring visibility to billions of data points on Web3. The platform aggregates data from various sources, including blockchains, data feeds, and nodes. Covalent’s APIs provide this data to customers in a trustless manner through a unified API interface. The project’s native AI token, CQT, enables governance, staking, and network access.
16. AIOZ Network (AIOZ)
AIOZ Network (AIOZ) is a multifaceted decentralised AI computing ecosystem that enables collaborative model training, secure data management, and the development of groundbreaking dapps, all powered by the AIOZ Network. AIOZ is an Ethereum-based token that powers the AIOZ Network.
17. Arkham (ARKM)
The Arkham token (ARKM) powers the decentralised network of AI agents within the Arkham Intelligence platform, enabling data-driven insights and solutions across various industries and domains. The native token, ARKM, is used to reward the agents for their work and to access the platform’s services and features. Additionally, it is designed to incentivise the growth and development of the platform, allowing token holders to participate in governance and decision-making processes.
18. Alethea Artificial Liquid Intelligence Token (ALI)
Alethea AI (ALI) pioneers the development of CharacterGPT V2, a multimodal AI system that generates interactive AI characters from natural language descriptions. This advanced system enhances comprehension, generative capabilities, and output diversity while enabling the creation of higher-fidelity characters. Furthermore, Alethea AI is committed to leveraging generative AI and blockchain to enable decentralised ownership and democratic governance of AI through its contributions to the protocol.
ALI is the native ERC-20 utility token of Alethea, serving to govern, regulate, and enable transactions between the participants of the Alethea protocol.
19. Numbers Protocol (NUM)
Numbers Protocol (NUM) offers content verification to AI-driven companies and creativity tools. Through a low-cost digital provenance infrastructure and decentralised storage, it aims to increase trust in digital content and foster innovative ways for content monetisation. NUM is the native token of Numbers Protocol, primarily a utility token designed to secure the Numbers mainnet and incentivise users to archive/verify content with good provenance.
20. LimeWire (LMWR)
LimeWire (LMWR) is a place to create, publish, and monetise content using AI. The LimeWire AI Studio allows users to create generative images, music, and audio, and publish their creations on LimeWire while receiving up to 90% of all revenue.
LMWR is an ERC-20 utility token deeply embedded in the LimeWire platform and utilised by millions of users as a payment method on the LimeWire platform. It can also be earned by participating in various rewards programmes.
AI-Related Tokens on Crypto.com
In addition to the AI-driven tokens above, Crypto.com also lists dozens more AI-related tokens. While these protocols are based on other narratives, including gaming, DePIN, and fitness, they are designed to support AI systems or leverage AI for their protocol. These include Injective (INJ), Streamr (DATA), DIA (DIA), Step App (FITFI), and many more.
How to Buy AI Tokens With Crypto.com
Buying AI tokens with Crypto.com is easy. Render, Fetch.ai, Internet Computer, The Graph, and all other AI tokens mentioned above are listed in the Crypto.com App.
You can buy AI tokens with USD, EUR, GBP, and 20-plus other fiat currencies or trade them for other cryptocurrencies, including BTH, ETH, SOL, USDC, and 250-plus more.
To start buying AI tokens today, download the Crypto.com App for free in the Apple App Store or Google Play Store. From there, you will be guided to the sign-up process, which takes only a few minutes to complete.
Once registered, you can charge your account via bank transfer, Apple Pay, or credit/debit card payment. While bank transfers might take a few business days to process, Apple Pay and credit card payments are processed within seconds and ready to use for your first AI token buy.
Due Diligence and Do Your Own Research
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Past performance is not a guarantee or predictor of future performance. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility.
