Demand for computing power right now is through the roof, and with NVIDIA earnings yesterday, that increase in demand is driving a surge in AI crypto products, covered by DFW Ventures.
Demand for computing power right now is through the roof, and with NVIDIA earnings yesterday, that increase in demand is driving a surge in AI crypto products, covered by DFW Ventures.
The NEAR Protocol, by building the largest AI consumption chain for users, has directed more efforts towards the same. An AI developer incubation program could be possible by attracting developers using the provision of support in various sub-sectors of AI, which would be useful in increasing innovation and adoption within the NEAR ecosystem.
Another case is AO that combines data storage in Arweave with horizontal scaling of computing in an extremely efficient layer. This union resolves/mitigates common issues such as memory usage and compute workloads, while increasing scope for various use cases for on-chain agents.
Arman ShirinyanThrough community activation and hackathons, several projects are already being built on AO, including projects like Autonomo AF, 0rbitco, and aox_xyz. Definitely, with more incentives and a major announcement in early June, the AO ecosystem is something to keep an eye on.
While there are many “embracing faces of Web3”, none of them offer sufficient incentive for contributors to support the sustainability of the models. Ora Protocol solves this and the model created is tokenizable through its Initial Model Offering (IMO).
Token holders will have an incentive for their owners to split income across ownership, using the ERC-7461 standard, pioneered by Ora, for fair and transparent distribution of ETH rewards. The team has also made proposals for additional AI-based standards that will help the sector grow.
