The integration of artificial intelligence (AI) into the cryptocurrency sector is gaining traction, particularly in areas such as payments, gaming, decentralized finance (DeFi), and consumer applications. Projects like Virtuals.io are developing AI agents designed for gaming, emphasizing tailored experiences and personalized connections. Despite the burgeoning interest, some experts caution that the current excitement around AI in crypto may be overshadowed by the potential of on-chain AI agents that can trade and build across networks. While there is optimism regarding the intersection of AI and gaming, concerns about execution risks associated with AI projects persist, as failures could lead to significant sell-offs. In contrast, meme-based cryptocurrencies do not face the same scrutiny, as their appeal often relies on community engagement rather than technological performance. The growing trend of AI-focused investments reflects a unique willingness within the crypto community to embrace emerging technologies, despite broader societal hesitations towards AI.
Exactly. The AI-meme meta has just further cemented the fact that people want to speculate on AI micro-caps. dTAO will let you gamble on AI startups from legit teams. Few grasp how crazy it will get https://t.co/zN4FmiL6k1
RE: AI coins. There is an execution risk there that memecoins simply don’t have. “Oh this AI just did something that wasn’t very smart” people start dumping as they doubt the tech. Where as in memecoins, you cannot deny, the dog has a hat (etc), the tech cannot fail.
One of more underrated aspects of crypto is the willingness to accept and endorse AI agents because you can invest in their success. 99% of the world is still afraid of or against AI. As always - crypto is the first place to adopt and support emerging tech.