9 Best AI Crypto Coins January 2024

What Are AI Crypto Coins?

Though AI can aid in the creation of new tokens, encompassing their coding, economic framework, and branding, the AI tokens discussed here are intended for a separate purpose.
AI tokens are crypto assets that power blockchain projects that harness AI capabilities. These projects range from AI marketplaces and AI-enhanced trading platforms to AI-driven decentralized organizations and more. 
Sometimes, AI tokens might support purely AI-focused projects that don’t primarily depend on blockchain technology for their foundational structure.

Top AI Crypto Coins for 2024

Here are the top AI tokens with great potential for 2024 and beyond. It is worth noting that many platforms on our list offer robust APIs, which allow for easy integration across all decentralized applications. 

1. The Graph

• Token: GRT
• Category: Data Indexing and Querying

The Graph is a leading blockchain indexing and data querying protocol that leverages AI technology to improve data accessibility across decentralized networks. You can think of it as the Google of blockchains. 
The Graph, however,  goes one step further – it simplifies data access by organizing it into subgraphs. Anyone can develop subgraphs to provide applications with indexed blockchain data.
The Graph’s ecosystem is fueled by its native cryptocurrency – GRT.

2. Injective

• Token: INJ
• Category: Decentralized Finance (DeFi) and Exchange

Injective is a layer 1 blockchain that enables users to build finance-oriented decentralized applications (dApps) for Web3. It leverages AI and incorporates a high-performance on-chain decentralized exchange (DEX) infrastructure, bridges, oracles, and a smart contract layer, providing a complete finance dApp development kit.
Injective enables classic token swaps, margin trading, and forex futures trading across multiple blockchains. 

• Its dApps can seamlessly connect with other blockchains like Ethereum, Cosmos, and Solana, enhancing cross-chain interoperability. The ecosystem includes a wide array of dApps, as seen below.

3. Oasis Network

• Token: ROSE
• Category: Open Finance and Data Privacy

Oasis Network is a layer 1 blockchain network focused on open finance and responsible data economy. It lets users build open finance dApps that prioritize privacy and fairness, giving users control over their data and the possibility to monetize it.
The Proof of Stake (PoS) network has a unique architecture that separates its consensus algorithm and smart contract execution, enabling privacy-focused apps at a low cost.
Since the beginning of 2023, Oasis has been collaborating with AI industry leaders, including Meta, to build the framework for “Responsible AI” to ensure that the technology is developing on the principles of privacy, fairness, and transparency.

4. Render

• Token: RNDR
• Category: Distributed GPU Rendering and AI Computationis a decentralized chain that leverages unused computing power from crypto miners willing torent out their graphics processing units (GPUs). The platform connects GPU providers with creators.

Artists can leverage the unused GPU cycles for tasks like rendering and streaming digital content, including visual effects, virtual assets, and AI projects.
In July 2023, Render implemented the proposal “RNP-004 – Open Compute Clients” to leverage the network’s computational power for AI and machine learning tasks.
RNDR tokens incentivize GPU providers, ensuring fair remuneration.

5. Fetch.ai

• Token: FET
• Category: Autonomous Agents and DeFi

Fetch.ai is an AI and machine learning (ML) platform that leverages blockchain. It allows users to develop and deploy AI agents for apps related to decentralized finance (DeFi), transportation, energy management, and other business tasks.
The Autonomous Economic Agents (AEAs) communicate using a common language and can be managed through a web interface.
Its native cryptocurrency, FET, is used to pay for transactions on the network.

6. SingularityNET

• Token: AGIX
• Category: AI Services Marketplace

SingularityNET is a decentralized AI marketplace where users can create, share, and monetize AI services. The ecosystem focuses on the development of Artificial General Intelligence (AGI) and the creation of human-level intelligence.
Do you remember Sophia, the robot? It was created by the SingularityNET team members as part of another company.

7. Ocean Protocol

• Token: OCEAN
• Category: Data Exchange and Monetization

Ocean Protocol is an Ethereum-based platform that enables users to exchange and monetize data and data-based services. The ultimate goal of the platform is to foster a more efficient AI ecosystem, with data being one of the key driving factors.
Participants can monetize their data sets by selling them on a decentralized platform at a fair price. On the other side, users can access datasets that were previously difficult to obtain.
The protocol’s utility token is OCEAN, which is used for data trading on the platform, governance, and data curating through staking.

8. Filecoin

• Token: FIL
• Category: Decentralized Data Storage

Filecoin is a decentralized data storage marketplace. This peer-to-peer ecosystem enables users to store files safely in a decentralized cloud, offering a marketplace for storage capacity and data retrieval.
FIL is the utility token used to incentivize storage providers and pay for data storage and retrieval.
While Filecoin doesn’t focus specifically on AI, it offers a transparent and secure environment to store AI datasets and democratize the AI economy.

9. Chainlink

• Token: LINK
• Category: Decentralized Oracles for AI Integration

Chainlink is the largest decentralized oracle network. It helps blockchain networks communicate with the outside world, as decentralized networks like Ethereum have no direct link with the off-chain data and events. On top of that, it facilitates cross-chain communication, improving interoperability across blockchains.
The oracle system can be integrated into many AI use cases, helping blockchains access AI datasets through Chainlink functions.
LINK is one of the largest cryptocurrencies, with a market cap in the billions.