As the largest open-source and independent entity in AI research and development, this alliance aims to accelerate the advancement of decentralized Artificial General Intelligence (AGI) and, ultimately, Artificial Superintelligence (ASI).

The ASI Alliance represents a significant shift toward a decentralized AI ecosystem, offering an alternative to AI development dominated by large tech companies. By pooling their resources and expertise, Fetch.ai, SingularityNET, and Ocean Protocol seek to foster innovation, transparency, and inclusivity in the development of advanced AI technologies.

Artificial Superintelligence Alliance Founding Team

The founding team of the Artificial Superintelligence (ASI) Alliance consists of AI visionaries, technology experts, and thought leaders from Fetch.ai, SingularityNET, and Ocean Protocol. This team is at the forefront of decentralized, ethical, and secure AI development, pioneering advancements in Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI).

Fetch.ai (FET) was launched in 2017 by Toby Simpson, Humayun Sheikh, and Thomas Hain. In the same year, Ocean Protocol (OCEAN) was developed by Bruce Pon and Trent McConaghy. The SingularityNET (AGIX) project was initiated by Dr. Ben Goertzel, one of the leading experts in the fields of robotics and artificial intelligence.

How Does the Artificial Superintelligence Alliance Work?

The Artificial Superintelligence Alliance operates by having the three protocols take on different roles. Within this collaboration:

• Fetch.ai will develop an AI platform based on Web3 technology,
• SingularityNET will create a decentralized blockchain infrastructure focused on AI,
• Ocean Protocol will provide a platform to ensure secure data sharing between the three protocols.

The main goal of the project is to take control of AI development away from Silicon Valley giants and create a more democratic structure for the technology’s progress. In this regard, the Artificial Superintelligence Alliance platform will be designed to be open to everyone. Additionally, ASI token holders will have a say in the platform’s governance and the right to vote. This will support the creation of a decentralized governance mechanism.

Why is the ASI Project Unique?

The Artificial Superintelligence Alliance project embraces a decentralized approach in the field of AI, aiming to take control of this technology away from major tech giants like Google, Amazon, and Apple and hand it over to developers and users.

Fetch.ai, SingularityNET, and Ocean Protocol were all designed with this vision from the beginning. However, by combining their strengths through the Artificial Superintelligence Alliance platform, they have taken a significant step toward creating a more comprehensive, decentralized, open-source, and accessible AI network.

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The post What Is Artificial Superintelligence Alliance(ASI)? appeared first on Coin Engineer.

FET Coin Analysis

FET coin holds a significant position in the artificial intelligence ecosystem. Looking at the recent price movements, FET coin has experienced noticeable fluctuations in the market.

As of July 26, FET coin is trading at approximately $1.27. The support level is around $1.15, while the resistance level stands at $1.29. Fetch.ai (FET) is known for combining artificial intelligence and machine learning technologies with blockchain, making it an innovative platform in the industry.

Render (RENDER) Coin Analysis

Render Token (RENDER) offers decentralized GPU processing power on the blockchain. It provides solutions for users in creative industries such as film, gaming, and graphic design, which require high processing power.

Examining recent price movements, RENDER coin has shown significant volatility in the market. As of July 26, RENDER coin is trading at around $6.78. The support level is at $6.50, and the resistance level is at $6.99.

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The post Fetch.ai (FET) and Render (RENDER) Coin Analysis – July 27, 2024 appeared first on Coin Engineer.

Fetch.ai (FET) Coin Analysis:

Holding a prominent position within the artificial intelligence ecosystem, FET coin has experienced notable fluctuations in its recent price movements. As of July 19, 2024, FET coin is trading at around $1.44. The support level stands at $1.21, while the resistance level is at $1.82.

Fetch.ai (FET) stands out as an innovative platform that merges artificial intelligence and machine learning technologies with blockchain. The platform facilitates decentralized data exchange and collaboration, enabling new possibilities for the development and commercialization of AI applications.

Render (RNDR) Coin Analysis:

Render Token (RNDR) is a platform that offers decentralized GPU rendering power on the blockchain. It caters particularly to users in creative industries like film, gaming, and graphic design who require high processing power.

Exhibiting price volatility similar to FET, RNDR coin is currently trading around $6.53 as of July 19, 2024. Its support level is at $6.23, and the resistance level is at $6.81.

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The post Fetch.ai (FET) and Render (RNDR) Coin Analysis – July 20, 2024 appeared first on Coin Engineer.

The cryptocurrency market is about to witness a significant number of token unlock events across various altcoins throughout the new week. This list highlights the notable unlock schedules:

Ribbon Finance (RBN)

• Market Cap: $74.76 million
• Unlock Amount: $4.98 million (6.70% of market cap)
• Date: June 24, 2024, 3:00 AM UTC+3

Mask Network (MASK)

• Market Cap: $247.90 million
• Unlock Amount: $1.58 million (0.64% of market cap)
• Date: June 24, 2024, 11:00 AM UTC+3

Openfabric AI (OFN)

• Market Cap: $6.82 million
• Unlock Amount: $2.30 million (33.55% of market cap)
• Date: June 24, 2024, 3:00 PM UTC+3

H2O Dao (H2O)

• Market Cap: $160.70 million
• Unlock Amount: $1.66 million (1.03% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

You might like it: BUSD will be ended by Binance in 2024.

Pintu Token (PTU)

• Market Cap: $4.93 million
• Unlock Amount: $1.05 million (21.27% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

AltLayer (ALT)

• Market Cap: $278.03 million
• Unlock Amount: $19.88 million (6.92% of market cap)
• Date: June 25, 2024, 3:00 AM UTC+3

GateToken (GT)

• Market Cap: $717.68 million
• Unlock Amount: $51.34 million (7.15% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Dogechain (DC)

• Market Cap: $9.92 million
• Unlock Amount: $1.13 million (11.36% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Ref Finance (REF)

• Market Cap: $7.64 million
• Unlock Amount: $1.62 million (21.20% of market cap)
• Date: June 26, 2024, 3:00 AM UTC+3

Axelar (AXL)

• Market Cap: $408.10 million
• Unlock Amount: $14.46 million (3.55% of market cap)
• Date: June 27, 2024, 8:00 AM UTC+3

Yield Guild Games (YGG)

• Market Cap: $220.23 million
• Unlock Amount: $6.03 million (2.74% of market cap)
• Date: June 27, 2024, 5:00 PM UTC+3

Fetch.ai (FET)

• Market Cap: $1.21 billion
• Unlock Amount: $4.76 million (0.39% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Chromia (CHR)

• Market Cap: $182.96 million
• Unlock Amount: $1.27 million (0.70% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Maverick Protocol (MAV)

• Market Cap: $72.63 million
• Unlock Amount: $15.77 million (21.72% of market cap)
• Date: June 28, 2024, 3:00 AM UTC+3

Radworks (RAD)

• Market Cap: $58.86 million
• Unlock Amount: $1.78 million (3.03%
• Date: June 28, 2024, 3:00 AM UTC+3

The post Loaded Token Unlocks in 23 Altcoins in the New Week! appeared first on Coin Engineer.

Trader Matthew Hyland noted in a May 28 X post, “NVDA is surging; AI coins are quiet now, but don’t expect that to last.”

Nvidia’s Influence on AI Crypto Tokens

Artificial intelligence companies are running their AI models on Nvidia-made computer processors. With NVDA’s performance as a barometer of the market’s AI attitude, crypto traders view the stock price as a prediction of how AI tokens may move.

According to Google Finance, Nvidia has gained 22% over the previous five trading days to end May 28 at a record high of $1,140; the stock has had a year-to-date rise of around 137%.

With an 18% increase from Q4 2023 and a 262% increase from the year-ago quarter, Nvidia’s first-quarter revenue exceeded expert projections by around 5.6%.

Several of the biggest AI cryptocurrencies by market capitalization, meanwhile, have dropped during the past week instead of following Nvidia.

Based on CoinMarketCap, Render (RNDR), fetch.ai (FET), and SingularityNet (AGIX) lost 8.14%, 11.39%, and 11.19% over the previous seven days, respectively.

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Though AI crypto tokens are not following the increase, some traders think this may change amid the declining stock price of Nvidia.

“The moment NVDA starts to sell off, it will take all the other mega-cap tech names with it, at least for a couple of days,” anonymous crypto trader Triplexx said in a May 28 post. “Then whatever the attitude of crypto is, it will draw crypto with it no matter what. Get ready.”

Investment guru Lyn Alden pointed out on May 25 that among the few equities that have outperformed Bitcoin over the previous ten years is Nvidia.

According to trading site The Kobeissi Letter, a $10,000 investment in Nvidia in 1999 was “worth $25.3 million” as of May 24, one day earlier.

Over the next decade, the larger crypto community feels Nvidia won’t produce the same profits as Bitcoin.

Swan Bitcoin CEO Cory Klippsten said, “There is a near-zero chance of Nvidia outperforming Bitcoin over the next 10 years.”

The post Nvidia Surges While AI Crypto Tokens Fall, But Traders Predict Rebound appeared first on Coin Engineer.

The post The Latest on Bitcoin and Cryptocurrencies – May 27 appeared first on Coin Engineer.

The main issue, obviously, is that the signal may be tough to distinguish from the noise. The excitement and intrigue around AI make selecting winners difficult. With that in mind, here are 3 AI crypto currencies that are now outperforming the competition.

Render

Render (CRYPTO: RNDR) is at the top of the list with a $3.6 billion value, making it one of just a few AI crypto tokens with a market capitalization greater than $1 billion. Render is up nearly 100% year to date.

Render is all about “GPU Compute,” or the capacity to supply massive quantities of computational power using graphics processing units (GPUs). Previously, this meant providing computational power to artists, developers, gamers, and web studios, all of which required them to “render” visuals for games, videos, or other entertainment projects. But currently, it refers to computer power for AI research. If you’re starting a new machine learning project, for example, you’ll require a lot of computational resources to train it on a large dataset.

So, the theory here is that Render will grow increasingly valuable as long as it can continue to provide computational resources to power the AI economy. The “GPU Compute” business model is fairly easy to reproduce. And, certainly, Render has an extensive list of prospective crypto competitors.

Fetch.ai

Fetch.ai (CRYPTO: FET) is up a whopping 240% year to date, with a market capitalization of approximately $2 billion. Fetch.ai takes an alternative approach to AI, describing itself as “an open platform for the new AI economy.” In layman’s terms, Fetch.ai is where you go to buy or trade data sets or to hire an AI agent to accomplish a very specialized online activity. It’s essentially a massive marketplace for anything AI-related.

Having access to large amounts of data in a single marketplace will make it simpler to create advanced machine learning models, and the ability to engage AI agents on a per-task basis will boost productivity in our daily lives. According to Fetch.ai, the most popular applications will be in data-intensive industries such as transportation, banking, energy, and tourism.

SingularityNET

In the end, SingularityNET (CRYPTO: AGIX) is up 182% year to date and right now has a market capitalization of $1.2 billion. Parallel to Fetch.ai, SingularityNET has the goal of selling AI goods and services. But SingularityNET is less focused on generative AI and primarily focuses on artificial general intelligence (AGI). And, as a result, SingularityNET aspires to become “the knowledge layer of the internet.”

That seems like a lot of Silicon Valley investment hype, but SingularityNET actually has a professional AI research team that could make it possible. The token’s name refers to the “technological singularity”—the imagined point in time when a single computer becomes smarter than all of humanity together. As the crew behind SingularityNET sees it, all of this vast processing capacity will need to be shared with humanity. And this is where the idea of “the knowledge layer of the internet” begins to make a lot of sense.

The only issue is that this upside potential may take many years to manifest. According to Ray Kurzweil, the AI genius at Alphabet’s Google, who coined the term “technological singularity” almost twenty years ago, this may not occur until 2029.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

The post Top 3 AI Made Cryptocurrencies appeared first on Coin Engineer.

While the overall cryptocurrency market experienced a rise of 0.58%, FET dropped 4.08% to trade at $3.09. InvestorsObserver’s Sentiment Score analyzes price and volume changes over the past five days to gauge investor sentiment. This score can be helpful for both long-term investors considering buying the dip and short-term traders aiming to capitalize on potential rallies.

Fetch AI Underperforms Market

Currently, FET is trading near its price point from five days ago. It’s up 29.32% from its five-day low of $2.39 but down 11.06% from its five-day high.

Technical Analysis Points to Potential Downturn

The current price of FET sits below a support level, indicating a potentially risky zone. Selling pressure might push the price further down, with resistance at $3.36 and support at $3.09. Furthermore, recent trading volume for FET has been low, suggesting less activity compared to the average of the past seven days.

FET witnessed a significant drop, reaching $3.07, a decrease of nearly 3% compared to the previous day. The market capitalization of FET stands at $2.6 billion. Trading volume also dipped by 22% to $373.9 million.

Fetch AI’s Recent Initiative

The neutral rating coincides with Fetch AI’s announcement of a groundbreaking program to propel advancements in artificial intelligence (AI) technology. Fetch Compute’s $100 million project aims to provide developers with improved training resources, computing power, and tools. The program intends to revolutionize AI research by granting access to cutting-edge Nvidia GPUs like the H200, H100, and A100, offering unprecedented computational capabilities for users and developers.

The post Fetch AI (FET) Earns Neutral Rating Despite Lagging Market Performance appeared first on Coin Engineer.

AI coins, a burgeoning sector within the cryptocurrency market, have attracted significant interest with the upcoming Nvidia GTC. These unique coins leverage artificial intelligence within their platforms, presenting investors with exciting opportunities amidst a rapidly evolving technological landscape.

Top AI Coins to Watch

1. NEAR Protocol (NEAR): NEAR Protocol has captured attention with its impressive features. It boasts the ability to process up to 100,000 transactions per second and offers a user-friendly onboarding process for DApp developers. Currently priced at US$7.95 with a robust 24-hour trading volume of $690.18 million, NEAR’s recent performance and growth potential make it a compelling option. With a circulating supply of 1.04 billion NEAR tokens, it solidifies its position as a key player in the AI coin ecosystem.

2. Injective (INJ): Injective is another prominent contender in the AI coin arena. It currently trades at US$48.32 with a noteworthy 24-hour trading volume of $319.18 million. Its recent performance and circulating supply of 93.4 million INJ tokens highlight its significance within the market, making it a coin to keep an eye on as the Nvidia conference nears.

3. Theta Network (THETA): Theta Network, priced at US$3.39, maintains a steady trading volume of $114.58 million. Its circulating supply of 1 billion THETA tokens, coupled with its recent performance and innovative solutions within the AI-integrated project space, suggest potential for future growth.

4. Fetch.ai (FET): Launched in March 2018, Fetch.ai aims to accelerate research in cutting-edge technologies like blockchain and AI. With a current price of US$2.60 and a substantial trading volume of $428.33 million, its unique features and circulating supply of 838.32 million FET tokens solidify its position as a noteworthy player in the AI coin landscape.

5. Arkham (ARKM): Priced at US$2.91, Arkham maintains a trading volume of $122.6 million. Its circulating supply of 150 million ARKM tokens warrants observation as the industry gears up for the Nvidia conference, solidifying its presence within the AI-integrated project landscape.

Investing in AI Coins as Nvidia GTC Approaches

With the Nvidia GTC drawing closer, investors have a unique opportunity to explore these AI coins. NEAR, Injective, Theta, Fetch.ai, and Arkham represent the transformative potential of AI and blockchain technologies, offering solutions to real-world challenges while driving innovation forward. By closely monitoring these projects, investors can effectively navigate the evolving crypto market and potentially position themselves for future growth and lucrative opportunities.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post AI Coins in Focus: Unveiling Investment Opportunities Before Nvidia GTC appeared first on Coin Engineer.

SingularityNET (AGIX)

Fetch.AI (FET) and SingularityNET (AGIX) are leading the charge, with price increases of nearly 18% to 20%, positioning them as potential top gainers for the day.

Breaking Bullish: AGIX has broken above a bullish flag pattern after a period of consolidation.

MACD Crossover: This breakout is accompanied by a bullish MACD crossover, indicating increasing buying pressure.

Potential for New Highs: The token is expected to surpass $1 and potentially reach a new all-time high (ATH).

Strong Momentum: Continued bullish momentum could see AGIX reach above $2 in the long term.

What is AGIX? How does it work?

SingularityNET is an artificial intelligence marketplace. It’s a platform that allows users to generate revenue. With SingularityNET, developers can develop artificial intelligence programs and offer them for sale. Users who require artificial intelligence services can also purchase the programs on offer.

On the SingularityNET platform, it is possible to use and trial artificial intelligence services before having to commit to paying for them. Users who need are seeking specific artificial intelligence services can contact SingularityNET’s expert community. Users can contact experts through a portal called Request for AI (RFAI).

SingularityNET was founded in the Netherlands in 2017. The developers of SingularityNET include Dr. Ben Goertzel, Simone Giacomelli and Dr. David Hanson. The project’s development team also pioneered AI development with a bot named Sophia — they say Sophia is the bot most comparable to a human.

SingularityNET’s native token is AGIX. AGIX is an Ethereum blockchain based, ERC-20 token. Users can review, test and purchase artificial intelligence services on the platform using the AGIX token. AGIX token holders are able to shape SingularityNET’s governance decisions. AGIX token holders can also stake their tokens on the network.

The supply of AGIX is capped at 2,000,000,000.

In the comment section, you can freely share your comments about the topic. Additionally, don’ t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post AI Tokens Rise: SingularityNET (AGIX) Surge appeared first on Coin Engineer.