Cryptocurrency can speed up the introduction of artificial intelligence by helping AI startups on board users, based on Sandeep Nailwal from Polygon.
“You can use crypto incentives and songs to make use of the users on board the ecosystem players on board,” said Nailwal during a panel discussion on a passage by CoinTelegraph event.
He added that projects with effective Onchain -incentive structures “could even construct a greater AI because they’ve this incentive engine that brings the developer,” said Nailwal on May 1st.
Cointelegraph's length is an event series that brings managers and innovators from the blockchain and web3 area for exclusive discussions.
Illia Polosukhin, co-founder of the Near Protocol, expanded the panel, which was prolonged to long-termlynergy from Crypto with AI, and predicted that crypto-native AI agents could replace traditional web applications as primary user interfaces for Web3.
“We now not need applications or web sites. Your AI becomes an interface to the pc and on the Internet,” said Polosukhin.
Sandeep Nailwal (left) and Illia Polosukhin (center) with Gareth Jenkinson from Cointelegraph, who speaks in Dubai at CoinTelegraph's length. Source: cointelegraph
However, Nailwal warned that the rise of AI-related token Onchain has also attracted a wave of opportunistic fraud. “We know that 99% of those projects are actually token fraud, but only a few projects actually attempt to have a wise AI project,” he said.
The era of web3 -ai agents
AI agent is predicted to tackle a more outstanding role in decentralized communities, JD Seraphine, co-founder of the web3 developer Raiinmaker, recently towards CoinTelegraph.
According to a report by Vaneck, over 1 million AI agents could come onto the market in 2025, with lots of them related to decentralized financial applications. Such lively ingredients already change the digital economy, construct up decentralized applications, start tokens and interact with humans autonomously.
“AI is an especially centralized force. Some corporations could develop into the warlords of the world,” said Nailwal.
“That is why crypto native, peer-to-peer-Ai solutions are so vital, enable modern innovation for privacy,” said Polosukhin.
