🧩 Grayscale set up the "Artificial Intelligence Crypto Sector" and listed it as the sixth largest cryptocurrency sector
Grayscale @Grayscale officially launched the Artificial Intelligence Crypto Sector as its sixth largest crypto asset class. The sector will cover all crypto protocols with AI as the core use case, with a total of 20 tokens and a total market capitalization of about $21 billion, an increase of more than 4 times from $4.5 billion in Q1 2023.
The AI sector is divided into three subcategories: AI platforms (e.g., #Bittensor, #Near), AI tools and resources (e.g., #Grass, #Akash), and AI applications and agents (e.g., #Virtuals, #Kaito)
With the development of decentralized AI technology, the field has become one of the most talked about topics in the crypto industry and is expected to bring more fair, transparent, and open AI infrastructure through blockchain, Grayscale said. The underlying assets have also been exposed through channels such as Grayscale Bittensor Trust and Decentralized AI Fund.
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