Bankless: What are the key recent events that could serve as price catalysts for top AI tokens?

author:Arjun Chand

Compiled by: Xiaobai Navigation coderworld

In the past year,AITokenIt has a dominant position in the market, and many people believe that this isAI and Cryptocurrency Convergence CycleHowever, in recent months,AIToken呈现下跌趋势，许多代币从局部高点下跌了25%-50%。

Still, this is not necessarily a cause for concern. Pullbacks are normal in a crypto bull market and contribute to long-term performance. This article explores the future developments of the top AI and crypto projects and the catalysts that could reignite the market.

Render x Apple

At this year's WWDC conference, Apple announcedApple Intelligence, its new suite of AI features available across all devices. It’s no surprise that every major tech company is jumping on the AI bandwagon. The real standout was OctaneX, its 3D design software powered by Render Network, shown on the latest iPad Pro.

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OctaneX can use the decentralized GPUs of the Render Network. Millions of Apple users can now access unprecedented rendering power. Imagine creating Hollywood-level CGI on an iPad - that's what Render and Apple are making possible.

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Integration with Apple is a major win for Render.This is a validation of Render's technology and visionApple is basically saying, “Hey, this Render Network thing is legal!” This could attract a whole bunch of developers and creators to the platform, further boosting the network’s growth.

As new Apple software becomes available later this year, this could be a significant catalyst for Render as it will unlock a large new user base for the network. And, more importantly, more users using OctaneX means increased demand for Render services, thereby boosting the value of the RNDR token.Already seen price increases following news release, which may be a harbinger of future trends, so keep an eye on Render.

Subnet Tokens on Bittensor

One of the main criticisms of Bittensor is that currently only a small group of validators decide how TAO rewards are distributed among subnets.Also known as dynamic TAO, solved the problem.

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Dynamic TAO is one of the most anticipated proposals in Bittensor’s history, second only to the launch of subnets last year. It brings fundamental changes to the network:

• Empower TAO holders to:Currently, only a few validators decide how TAO rewards are distributed to subnets. This is not fair or efficient because it can be influenced by the bias of a few entities. Dynamic TAO changes this by allowing all TAO holders to participate in reward distribution. Imagine a network where everyone can influence the allocation of AI resources - this is the future Bittensor is committed to building.

• Dynamic Market of Subnets:With a dynamic TAO, each subnet will have its own token, the value of which will be determined in the open market. This incentivizes subnets to perform well and provide valuable AI services. There are no more useless subnets - only the most efficient ones will grow. This also adds a speculative element to the Bittensor ecosystem, gamifying network participation for TAO holders and injecting market forces into the growth of each subnet.

DynamicTAO is currentlytestThe introduction of crypto incentives at the subnet level could be a significant catalyst for Bittensor. This is a major step forward for Bittensor, giving token holders and subnets a real say in shaping the future of decentralized AI.

User-Autonomous AI on NEAR

Forget the meme of NVIDIA’s founder touching NEAR’s founder’s arm. NEAR recently announcedIts roadmapThe next phase of our journey: making NEAR the home for user-autonomous AI.

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This is not just hype. The NEAR Foundation is actually taking action. They are setting up a dedicated research lab (NEAR.AI),andAttracting top AI talentIt develops AI and encryption applications and has also established an incubator and investment department focusing on AI projects.

They are also building developerXiaobai NavigationInfrastructure for building user-driven AI applications, such as data collection tools, creator rewards, and monetization tools.Bringing the values of encryption to AI.

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NEAR’s focus on “user-owned AI” could be an important catalyst for the project’s future growth. The team believes their existing user base, developer ecosystem, and funding can make them a leader in user-owned AI.

Conclusion

While the recent market correction may be frustrating for some, the AI and crypto space remains vibrant. Take a look at these three projects:Render, Bittensor, and NEAREach project is solving its own unique problems, and the future will become more exciting as they gradually implement their respective roadmaps.

And these are just a few examples. There is an interesting ecosystem of projects emerging at this intersection that are developing valuable products.

Plus, there are external factors to consider: OpenAI could have a breakthrough at any moment; Nvidia’s revenue is soaring.Whenever a major playerAIWhenever action is taken in one area, it sets off a chain reaction throughout the entire area.

The question isn’t whether AI and encryption will become important, but how big they will be. While no one can predict the future with certainty, one thing is certain: it’s going to be very interesting.

The article comes from the Internet:Bankless: What are the key recent events that could serve as price catalysts for top AI tokens?

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