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NVIDIA’s GTC 2024 conference is just around the corner, set to commence early next week. The tech giant’s CEO, Jensen Huang, is expected to unveil the company’s latest Blackwell architecture chips, among other announcements.Â
As NVIDIA’s GTCs are primarily focused on enterprise products, attendees can anticipate updates on the company’s offerings in that domain, along with insights into the 900+ sessions, hundreds of exhibitions, and workshops scheduled over the course of the five-day event.
While NVIDIA’s GTC is geared towards enterprise solutions, the announcements and advancements showcased during the conference could potentially have a positive impact on various sectors, including the cryptocurrency industry.
Particularly, projects focusing on artificial intelligence (AI) and virtual reality (VR) technologies may experience a surge of interest and growth in the wake of the conference. In this article, we’ll explore the best AI and VR crypto projects that are worth keeping an eye on as the GTC 2024 event unfolds.
What are the best AI and VR crypto coins?
- 5thScape: Revolutionizing AR and VR gaming, with its own headset, gaming chair, and a marketplace for developers.
- Scotty The AI: An AI-powered crypto assistant with features like ScottyChat and Scotty Swap, offering market insights and a secure trading platform.
- The Graph: Dubbed the “Google of Web3,” it provides decentralized indexing and querying of blockchain data, with plans to integrate AI-assisted querying.
- Decentraland: A virtual reality platform on the Ethereum blockchain, allowing users to own and develop virtual land, create assets, and participate in a metaverse economy.
- Fetch.ai: A decentralized AI and machine learning protocol facilitating the creation and deployment of digital twins across a global data network.
- NetMind Token: A multi-utility token powering the NetMind ecosystem, with uses in AI, GPU services, governance, and staking, distributed over 100 years.
5thScape (5SCAPE) – the best VR crypto to buy
5thScape is a revolutionary crypto project that aims to seamlessly integrate Virtual Reality (VR) and Augmented Reality (AR) technologies into the gaming industry. The project’s ambitious goals include developing a series of cutting-edge VR games, such as Cage Conquest, Epic Cricket Arena, Immersive Kickoff, Archery Master, and Thrust Hunter.
However, 5thScape’s ambitions extend beyond just game development – the project plans to create its own VR headset and AR gaming chair, positioning itself as a leader in the VR ecosystem.
Furthermore, 5thScape is establishing a dedicated marketplace for AR and VR developers, fostering an environment that encourages and incentivizes game development in this space. This initiative has the potential to attract a diverse range of talented creators, ultimately expanding the project’s reach into other industries beyond gaming.
At the core of the 5thScape ecosystem is the 5SCAPE token, which was launched in January 2024 through a successful presale that raised nearly $1 million within the first few weeks. The presale offered the token at an initial price of $0.01 (the current price in presale is $0.00187) , with a total supply of 5.211 billion tokens. The strong initial interest in the project is a testament to the excitement surrounding the integration of VR, AR, and blockchain technologies.
Scotty The AI (SCOTTY) – the best AI crypto to buy
Scotty the AI is an innovative project that seamlessly combines artificial intelligence (AI) and blockchain technology, aiming to revolutionize the crypto world. With its playful Scottish Terrier mascot, the project positions itself as the “guardian” of the crypto universe, offering AI-powered features designed to enhance user experience and boost market success.
One of the key components of the Scotty the AI ecosystem is ScottyChat, an AI-powered chatbot that provides real-time market insights, analytics, and personalized recommendations. Whether you’re a seasoned crypto trader or a newcomer, ScottyChat can be an invaluable resource for navigating the crypto markets.
Complementing ScottyChat is Scotty Swap, a secure decentralized exchange (DEX) powered by AI technology. Scotty Swap ensures a seamless trading experience by optimizing trades for maximum gains and security, leveraging the power of AI to provide users with a cutting-edge trading platform.
Furthermore, Scotty the AI offers a staking feature that has already attracted significant interest, with over 188 million SCOTTY tokens pledged. Investors can earn attractive yields of up to 70% per year by staking their SCOTTY tokens, further incentivizing participation in the project.
The SCOTTY token, created on the Ethereum blockchain, is a deflationary meme coin with a total supply of just over 1.7 billion tokens. The project’s initial coin offering (ICO) has successfully surpassed the $10 million milestone, with 30% of the total supply allocated to the ICO and the remaining 70% dedicated to staking, development, exchange listings, and marketing efforts. The ICO offers investors the opportunity to purchase SCOTTY tokens at $0.01 each.
The Graph (GRT)
The Graph (GRT) is a project that has gained significant popularity for its innovative solutions in the crypto space. It focuses on decentralized indexing and querying of data stored on blockchains, utilizing open-source software that allows developers to retrieve, process, and store blockchain data efficiently.
The native cryptocurrency of The Graph is GRT, an ERC20 token with a maximum supply of 10 billion tokens. Developers can leverage Facebook’s GraphQL language to interact with the protocol and access data stored in subgraphs, making The Graph a valuable resource for building decentralized applications (dApps) and other Web3 projects.
Recently, The Graph announced plans to introduce AI-assisted querying with large language models as part of a significant upgrade to its platform. This upgrade is part of a broader roadmap that includes features like Firehose for faster indexing of blockchain data, Substreams for high-performance data indexing, and access to Ethereum’s archive data.
The integration of AI-assisted querying using large language models is a game-changer for The Graph, as it aims to revolutionize data accessibility for Web3 developers. By enabling developers to perform complex data queries using natural language, The Graph significantly reduces the technical barriers to entry for blockchain development. By leveraging the power of large language models, The Graph aims to accelerate innovation within the Web3 ecosystem by making blockchain data more accessible and user-friendly.
Over the past 12 months, the GRT token has experienced a remarkable 200% price increase, with its current value sitting at $0.43. This impressive performance highlights the growing interest and adoption of The Graph’s solutions within the crypto community.
Decentraland (MANA)
Decentraland is a virtual reality (VR) platform built on the Ethereum blockchain, offering users a unique opportunity to create, experience, and monetize content and applications within a decentralized metaverse. This platform allows users to own and control virtual land, develop it by building structures and creating digital assets, and participate in a thriving virtual economy. Decentraland encourages social interaction, immersive experiences, and diverse events like parties, art exhibitions, and music festivals.
One of the key features of Decentraland is its ownership and control model, where users can purchase virtual land using the MANA cryptocurrency and develop it according to their preferences. The platform operates on a decentralized governance model through the Decentraland DAO, enabling users to submit and vote on proposals that impact the platform’s operations.
Decentraland fosters a community-driven development approach, providing tools for content creation and collaboration among users and developers worldwide. Additionally, users can buy, sell, and monetize digital real estate properties within the platform using tokens like MANA, Estate, and LAND.
Fetch.ai (FET)
Fetch.ai (FET) is a decentralized AI and machine learning protocol that aims to democratize access to AI technology through a permissionless network. Launched in March 2019 via an Initial Exchange Offering (IEO) on Binance, Fetch.ai is designed to facilitate the creation, deployment, and training of digital twins, which are autonomous AI agents that can execute tasks across a global network of data.
The platform supports various use cases, including optimizing DeFi trading services, transportation networks, smart energy grids, and travel, among others.
The FET token is the native cryptocurrency of the Fetch.ai platform, powering its internal economy. Users can spend FET to consume services within the platform, stake FET for governance, and deploy digital twins. The total supply of FET is fixed at 1.1 billion tokens, and it can be bought from popular crypto exchanges such as eToro and Coinbase.
Fetch.ai’s technology stack consists of four distinct elements: the Digital Twin Framework, the Open Economic Framework, the Digital Twin Metropolis, and the Fetch.ai Blockchain. Learners, the global market, the Fetch.ai Blockchain, and a decentralized data layer based on IPFS are the platform’s core components.
Fetch.ai’s FET token is trading at around $2.64 with a market cap of approximately $2.2 billion.
NetMind Token (NMT)
The NetMind Token (NMT) is a multi-utility token central to the NetMind ecosystem, designed to facilitate various functions within the network. It serves as a means of exchange on the NetMind Chain and is utilized for rewards, governance, transactions, and staking. The distribution plan for NMT over the next 100 years allocates 40% for network connection rewards, 30% for staking rewards, 20% for the DAO community, and 10% for the NetMind team.
NMT has various use cases, particularly for AI developers, including GPU services, gas fees, voting rights, and community building. Contributing computing resources, such as nodes and staking, are ways to participate in the network. The token can be obtained from the open market, and interested parties are encouraged to join the BETA by contributing their GPUs.
For more detailed information, including how to get NMT, the white paper, and community engagement, the NetMind project provides resources through their website (power.netmind.ai), Discord, and Telegram group. Additionally, the NMT token has been listed on PancakeSwap, a decentralized exchange on the Binance Smart Chain (BSC).
With a current price of $12 and a market cap of just around $400 million, the NetMind Token (NMT) project has significant potential for growth.
Conclusion
As we approach NVIDIA’s GTC 2024 conference, the anticipation for groundbreaking advancements in the fields of artificial intelligence and virtual reality is palpable. While the event itself is primarily focused on enterprise solutions, the ripple effects of NVIDIA’s announcements could potentially extend to the cryptocurrency industry, particularly projects that leverage AI and VR technologies.
The projects highlighted in this article – 5thScape, Scotty The AI, The Graph, Decentraland, Fetch.ai, and NetMind Token – represent diverse approaches to integrating AI and VR into the crypto landscape.
From gaming and virtual worlds to machine learning protocols and decentralized AI networks, these projects demonstrate the vast potential of these technologies in revolutionizing various aspects of the crypto ecosystem.
*Cryptonomist did not write the article or test the platform.
