by Apoorva Komarraju
July 16, 2021
These AI and Big Data tokens have the power to change the world.
Cryptocurrency coins grab the headlines, but let’s talk about the underrated crypto coins that are making great strides in the world of tech, AI, and big data tokens. These tokens provide various resources to developers and data scientists and put their skills at the service of communities.
AI and Big Data are fueling the world we live in and these tech tokens represent the future and the fusion of AI and blockchain technology. If you want to invest in a future that promises strong growth, here are the 10 best AI and Big Data tokens, ranked by their market capitalizations (at the time of writing).
1. The graph
Market capitalization: US $ 1.75 billion
The Graph has a decentralized protocol for the purpose of indexing and querying data from blockchain networks like Ethereum. The Graph powers DeFi applications and uses subgraphs to build and publish open APIs and make data more easily accessible. Basically, the graph makes it possible to query data that would otherwise be tedious and tedious to query directly. This usage has grown rapidly and without the support of other VCs like Coinbase and CoinFund, Graph continues to grow.
2. Ocean protocol
Market capitalization: US $ 248.47 million
The Ocean Protocol is a data marketplace that uses automated manufacturers to set the price. This token is used to buy and sell data, wager on data, and can also be used for community governance. Ocean Protocol supports smart contracts powered by Ethereum, making it possible to publish data services and spend data tokens.
Market capitalization: US $ 211.06 million
iExec is a decentralized marketplace for cloud resources where blockchain technology creates a market network that allows users to monetize and manage computing power, datasets, and applications. iExec is a network that allows applications to access off-chain calculations and reliable data. With this token, application providers can monetize algorithms and data providers can generate datasets.
Market capitalization: 171.51 million US dollars
This token allows users to create, share, and monetize AI services. SingularityNET creates a marketplace where users can browse, test, and purchase a variety of AI services using the token. AI developers can also use this platform to publish and sell their AI tools and track their performance without any issues.
5. Look for.ai
Market capitalization: 167.87 million US dollars
Fetch.ai has a single vision, connecting all IoT devices and algorithms to enable collective learning. Fetch enables the creation of smart contracts to deploy machine learning and AI solutions for problem solving in a decentralized manner. These tools are open source and designed to allow users to build ecosystem infrastructure and leverage business models. Fetch tokens can be traded on popular exchanges such as Binance and KuCoin.
Market capitalization: US $ 153.53 million
Developed on the Ethereum blockchain, Numerai is a platform that allows developers and data scientists to conduct experiments and develop machine learning models to decentralize the field of data science. Data scientists can also compete to create machine learning prediction models that improve efficiency and efficiency. Numerai is also the first hedge fund of its kind to launch a cryptocurrency.
7. Phala network
Market capitalization: US $ 142.28 million
Phala Network is a private cloud computing service that offers computing power equal to all existing cloud services. This network protects the confidentiality of management programs and can deploy confidential smart contracts based on the hybrid TEE-Blockchain architecture. Unlike other AI and Big Data tokens, Phala Network operates as a para chain of the Polkadot ecosystem.
Market capitalization: US $ 94.36 million
The Streamr network, which powers the Streamr token, is a decentralized platform for real-time data that carries messages from data publishers to subscribers. It’s peer-to-peer and includes a marketplace where users can trade and sell real-time data and real-time toolkits for that data.
Market capitalization: US $ 63.95 million
Aion is a security token that can access The Open Application Network (OAN). Launched in 2018, Aion is an open network allowing everyone to access the creation of open applications. OAN allows users to run smart contracts, store data, share it between different networks by making the Aion token an integral part of its main network.
10. DxChain Token
Market capitalization: US $ 53.96 million
According to the official website, DxChain is a blockchain network designed to enable big data processing and machine learning. With its beta released in 2018, DxChain’s main goal is to enable its users to securely exchange large data sets and benefit from enhanced analytics based on that data. The generation of this token is based on the value and quality of the data users who use this platform.
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