AI crypto hype sounds like Metaverse hype

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AI crypto hype sounds like Metaverse hype

AI-related cryptocurrencies are experiencing significant inflows due to the hype surrounding artificial intelligence. While many crypto projects in this space still need to demonstrate a valid use case, their valuations are increasingly stretched, something we saw during the metaverse hype.

Many of these tokens are valued at billions in market cap despite having no real users, reminds me of the metaverse land craze that featured projects with just 20 active users yet sky high valuations.

Artificial Intelligence crypto portfolio

Lakshitha Kumara Answered question October 15, 2024
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Are there any true decentralized AI where the information model is expanded through the mining process? It would have to somehow be truly decentralized where no one person controls it or the information it has. Id love to support a project like that, let’s make sure AI is decentralized or it will be used as a weapon against us.

Lakshitha Kumara Answered question October 15, 2024
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