Crypto AI Alliances on the Rise: $7.5B Token Merger Sparks Growth
ChainGPT, a blockchain AI platform, is set to launch its Wisdomise AI project through an initial dex offering (IDO) on May 13. Wisdomise AI is an AI-powered crypto adviser and investment assistant that helps users with digital asset trades. The project is targeting a fully diluted valuation of $20 million. ChainGPT, valued at $236 million, uses language learning models (LLM) to build AI-powered chatbots and news aggregators.
KIP Protocol, a web3 base layer, has announced a partnership with GPU cloud infrastructure provider Aethir to accelerate AI development. KIP will deploy its KnowledgeFi monetization system and decentralized retrieval augmented generation (dRAG) framework on Aethir’s network. The collaboration will allow KIP Protocol to access Aethir’s GPUs and NVIDIA H100s for generating AI prompts. KIP Protocol aims to leverage Aethir’s computing resources to power its AI asset deployment and monetization tools.
SingularityNet, Fetch.ai, and Ocean Protocol, the three major players in the crypto AI industry, recently approved a $7.5 billion token merger. This merger created the Artificial Superintelligence Alliance (ASI) project, which is currently exploring three product pipelines: deployment of AI agents in commercial settings, neural symbolic language learning models (LLMs), and AI data sharing and utilization. The ASI expects to generate revenue through the launch of the agentic network for deployment and plans to focus on deploying commercial products in the short term.
Unfortunately, scammers have also started taking advantage of users interested in the crypto AI industry. CertiK, a blockchain security firm, reported that the Genius Crypto Token GNUS.ai was exploited for $1.27 million. The attacker allegedly exploited the developers’ private wallet on Discord and created a fake GNU token on the Fantom blockchain. By copying the code from GNUS.ai’s Ethereum Chain, the attacker converted the fake tokens to genuine GNUS.ai tokens on Fantom. The attacker then bridged the illicitly minted tokens from Fantom to Ethereum and sold them for $1.27 million.
The blockchain AI industry is seeing significant developments with projects like Wisdomise AI and the formation of the Artificial Superintelligence Alliance. It is important for users to remain vigilant and aware of the risks associated with scammers in the sector.
27 thoughts on “Crypto AI Alliances on the Rise: $7.5B Token Merger Sparks Growth”
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SingularityNet, Fetch.ai, and Ocean Protocol teaming up is a major win for the crypto AI industry. 💯
The Artificial Superintelligence Alliance’s product pipelines show their commitment to driving innovation.
The ASI project’s focus on deploying commercial products will bring AI to everyday life. 🏢
KIP Protocol partnering with Aethir won’t do much to accelerate AI development. They should focus on more innovative solutions instead of using the same old GPU infrastructure.
KIP Protocol leveraging Aethir’s computing resources for their AI asset deployment is a smart move.
Thanks for the heads up, CertiK. We need to be cautious and stay informed about potential scams.
Neural symbolic language learning models? The ASI project is tackling some fascinating research areas.
SingularityNet, Fetch.ai, and Ocean Protocol teaming up? That’s a dream team right there!
million valuation for Wisdomise AI? That seems ridiculously overinflated considering the competition. It’s hard to believe this project has that much worth.
KIP Protocol’s partnership with Aethir will supercharge their AI development. Can’t wait to see the results!
Exciting partnership between KIP Protocol and Aethir! Looking forward to seeing accelerated AI development.
Wisdomise AI’s crypto adviser will be a great resource for navigating digital asset trades.
SingularityNet, Fetch.ai, and Ocean Protocol joining forces? That’s a powerhouse alliance!
It’s disheartening to hear about scammers exploiting genuine projects like GNUS.ai. Stay alert! ⚠️
The $7.5 billion token merger between SingularityNet, Fetch.ai, and Ocean Protocol seems like a desperate attempt to stay relevant in the AI industry. It’s just a bunch of big players trying to monopolize the market.
The Artificial Superintelligence Alliance sounds like a fancy name for a group of companies trying to control the AI market. I’m skeptical about their intentions.
ChainGPT’s language learning models are impressive. Can’t wait to see what they come up with next! 💡
This Wisdomise AI project sounds like a game-changer! Can’t wait to see how it helps with digital asset trades.
CertiK’s report serves as a reminder to double-check before engaging with crypto projects. Stay safe! 🛡️
Genius Crypto Token falling victim to scammers is a reminder to be extra cautious. Stay alert!
ChainGPT is paving the way with their innovative blockchain AI platform. Impressive!
I’m tired of hearing about these new AI projects and partnerships. It’s all just hype and empty promises. When will we see some real progress in the industry?
Language learning models, chatbots, and news aggregators? ChainGPT is definitely ahead of the game. 🌟
Scammers exploiting users in the crypto AI industry is nothing new. People need to be smarter and not fall for these traps. It’s a shame that innocent investors are getting ripped off.
This Wisdomise AI project sounds like another cash grab in the crypto world. There are already so many crypto advisers out there, do we really need another one? 🙄
It’s unfortunate that scams are still a threat in the crypto AI industry. Stay cautious, everyone!
I’m skeptical about the future of the blockchain AI industry. The risks associated with scams and overhyped projects outweigh the potential benefits. 😞