Odaily Planet Daily News Grayscale officially established the "Artificial Intelligence Crypto Sector" as its sixth largest crypto asset classification sector. This sector will cover all crypto protocols with artificial intelligence as the core use case. There are currently 20 tokens with a total market value of approximately US$21 billion, which is more than 4 times the US$4.5 billion in Q1 2023.
The AI sector is divided into three subcategories: AI platforms (such as Bittensor, Near), AI tools and resources (such as Grass, Akash), and AI applications and agents (such as Virtuals, Kaito). Some tokens that were previously classified as smart contract platforms, consumer culture and infrastructure services will be reclassified into this new sector.
Grayscale said that with the development of decentralized AI technology, this field has become one of the most watched topics in the crypto industry, and is expected to bring more fair, transparent and open AI infrastructure through blockchain. Related assets have also provided investment exposure through channels such as Grayscale Bittensor Trust and Decentralized AI Fund.