Top AI-DePIN Tokens to Watch in 2024:Shaping the Crypto Future

A Partnership for Innovation as Microsoft and a16z Aim to Empower AI Startups
  • Render connects users with  GPUs to those needing them, rewarding contributors with RNDR tokens and excelling in motion graphics and NFTs.
  • Golem’s p2p platform allows the sharing of computing resources, reduces costs, and enhances accessibility for AI projects.
  • OriginTrail supports safe data sharing within supply chains and combats misinformation in AI.

DePIN (Decentralized Physical Infrastructure Networks) tokens represent a relatively new and rapidly growing sector within the cryptocurrency space. They combine decentralized finance (DeFi) principles with physical infrastructure. These tokens power networks through decentralized mechanisms that facilitate real-world physical services and infrastructure, such as telecommunications, energy grids, and transportation systems. 

Render

Render is a leading AI-DePIN project and is currently the second-largest by market cap. Its goal is to create a platform where artists can access computing power to render AI artwork, addressing the growing need for GPU resources due to AI development. 

The network connects people with spare GPUs to those who need them, rewarding contributors with RNDR tokens. Render also supports the development of AI-driven applications. With a market cap totaling $1,897,616,243, Render is among the top 50 cryptocurrencies and is relevant in industries like motion graphics, NFTs, and visual effects.

Golem

Golem is reported to be a decentralized computing platform that uses a peer-to-peer setup, allowing users to lease or provide idle hardware. As a pioneering DePIN project, Golem offers an open-source platform for sharing computing resources, bypassing the need for centralized cloud computing firms like Google and Amazon. 

This decentralized network reduces costs and makes computing power more accessible for AI developers and startups. Golem is considered a strong AI-DePIN coin because it offers a unique P2P market for computational resource sharing, where renting power is easier and more profitable than selling it.

Origin Trail

OriginTrail is highlighted as a decentralized project focused on privacy. Its decentralized knowledge graph network enables secure data sharing within the supply chain. It serves both Web3 and Web2 companies, including Walmart, Home Depot, and Target, which shows its potential for broader adoption. 

In the AI space, OriginTrail is recognized for building a verifiable internet to ensure trustworthy information and tackle AI misinformation concerns. This makes it a substantial AI-DePIN project with advanced information-sharing capabilities and significant potential for mainstream use.

iExec RLC

iExec RLC is reported to focus on creating a decentralized cloud computing platform, enabling users to share computational resources like storage and processing power. This approach simplifies access to essential resources while allowing users to monetize their AI assets and retain ownership. 

Operating across sectors such as healthcare, big data, fintech, and rendering, iExec RLC is positioned to grow in value as the need for decentralized data access increases, making it a substantial AI-DePIN project.

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