AI and crypto projects are on the rise again: What are the key catalysts?

Author: Direction-Xiaobailong

Last year, AI tokens played a role in promoting public fundraising, and many people believed that this was a cycle of AI and cryptocurrency fusion. However, in recent months, the AI ​​token rankings have shown a downward trend, and many tokens have fallen 25%-50% from local highs.

Indeed, this is not necessarily something to worry about. In a bull market, pullbacks are normal and help long-term performance. This article will explore how to do AI and enhancement.

Render x Apple

At last year's WWDC conference, Apple released its new AI feature suite, Apple Intelligence, for all devices. While it is not surprising that major technology companies are entering the field of AI, what really attracted attention was OctaneX, which was demonstrated on the latest iPad Pro. This 3D design software is supported by Render Network and shows Apple's innovation in AI and design software. OctaneX leverages the decentralized GPUs of the Render Network to give Apple users access to unprecedented rendering power. The equivalent of creating Hollywood-level CGI on an iPad — Render, as it’s known, and Apple are making it happen The integration with Apple is a major win for Render, validating the technology and vision behind Render. Apple is basically saying, “Hey, this Render Network stuff is legit!” This endorsement could attract a large number of developers and creators to the platform. As new Apple software comes to market over the years, this could become the go-to catalyst for Render, unlocking a massive new user base. More importantly, more users using OctaneX will increase demand for Render’s services, boosting the value of the RNDR token. We’ve seen a price increase following the news, which could be a sign of things to come, so keep an eye on Render.

Subnet Tokens on Bittensor

One ​​of the main criticisms of Bittensor right now is that only a handful of validators have decided to rely on the distribution of TAO rewards between subnets. The BIT1 proposal, called Dynamic TAO, was proposed for exactly that purpose.

Dynamic TAO is one of Bittensor’s most notable proposals, originally launched as a subnet last year. It brings a major change to the network

• Distributing TAO holder power: Currently, only a few validators are able to decide how TAO rewards are distributed to subnets, which is unfair and can be influenced by a few entities. Dynamic TAO changes this and allows all TAO holders to participate in reward distribution. With Dynamic TAO, everyone can influence the allocation of AI resources - a future that Bittensor is committed to building.

• Dynamic Market for Subnets: With Dynamic TAO, each subnet will have its own token, the value of which will be determined in the open market. This incentivizes subnets to provide clear AI services and perform well. No more useless subnets - only the most skilled ones will come every once in a while. This also adds a speculative element to Bittensor color, making network participation more game-like for TAO holders and choosing a subnet that will never

Dynamic TAO is available for testing and is expected to be fully launched soon. Introducing crypto at the subnet level, sparking what could become a common catalyst for Bittensor. This is an important step for Bittensor to give token holders and subnets a real say in shaping the future of decentralized AI.

User-Autonomous AI on NEAR

Recalling that joke about the founder of NVIDIA meeting the arm of the founder of NEAR. Recently, NEAR announced its next phase of plans: to make NEAR a paradise for user-autonomous AI.

This is not just hype. The NEAR Foundation is taking all the real action. They are setting up a dedicated research lab (NEAR.AI) and becoming a leading AI talent, dedicated to developing AI and crypto applications. In addition, they have set up an incubator and investment division dedicated to supporting the development of AI projects.

On the one hand, they are also building the infrastructure needed by developers to create user-driven AI applications. These include data collection tools, mechanisms to reward creators, and monetization tools. At the same time, they show their enthusiasm for the field of AI.

NEAR's focus on "user-autonomous artificial intelligence" has become a key driving force for development. The team firmly believes that with its existing user base, resources, and financial strength, it will become a talent recognized by users.

Conclusion

Although the recent market adjustments may frustrate them, the AI ​​and encryption fields are still vibrant. Render, Bittensor, and NEAR are all solving their own unique problems, and as they gradually achieve

However, these are just part of many governments. At the current intersection, a compelling commodity is rapidly emerging, and they are all constantly developing valuable

In addition, there are other users interested in OpenAI and hope to participate; Nvidia's revenue is soaring. The company plans to invite AI players from all over the world to participate and jointly promote changes in the entire AI industry.

So the question is not whether AI and encryption will become important, but that they will become important. Although the future is still full of concerns, one thing is certain: the future will be extraordinary.