By CryptoSlate
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Recently, the cryptocurrency market has seen a proliferation of innovative projects that find increasingly attractive ways to employ AI in their core business models. Investors have taken stock of these genuine progressive technologies and helped them to appreciate in value, raise funds for further development, and become established in the Crypto-AI space. More importantly, some of these promising blockchain startups are already employing their supercharged AI capabilities to make a difference to real people and businesses.
We’re looking at three businesses that offer more than just tools and services to help businesses execute their strategies and deliver services, but which actually offer transformative technologies designed to reshape key industries.
YOUR AI
Solana-based YOUR AI Protocol and its $YOURAI token have achieved a lot in their first year, but aren’t slowing down yet, with huge Shopify integrations and partnerships to be announced later this year. As the world’s first AI-driven content layer for e-commerce, YOUR AI has been steadily disrupting the $8.8 trillion e-commerce industry with practical and impactful crypto applications that require just one line of code for integration.
YOUR’s crypto-AI hybrid developments and their ambition to onboard every shop in the world are helping them become known as the Spotify of eCommerce. The comparisons don’t stop there. YOUR AI operates on a similar streaming model, but rather than music and podcasts, product content gets streamed. Just as people love listening to music, eCommerce store owners need to describe thousands of their online products. As a solution, YOUR AI streams product content and descriptions directly to the shops, saving the time and money that they would’ve spent on creating and maintaining content.
In essence, YOUR AI gives brands full control, ownership, and transparency over their products, while giving e-commerce stores access to AI-driven personalised product content. The result is an enhanced shopping experience with superior conversion rates and cost savings for all parties. Everyone wins, both in B2B and B2C sales, thanks to greater accuracy during the customer and seller journeys.
On the community side, YOUR AI recently filled both its 30-day and 90-day staking pools – landmark moments for the project. This staking initiative incentivizes $YOURAI token holders with high APY and compounding interest. Now, its 180-day and 360-day pools appear set to follow suit and fill up too. On top of extraordinary coin staking performance in 2024, YOUR AI also smashed DAO Maker’s all-time launch record, with their IDO oversubscribed 231 times over! In total, over $47m $DAO was staked to gain access to the first public sale of $YOURAI!
For readers seeking a project with global ambitions, record-breaking results, a highly motivated and engaged community, and every indicator of inevitable success, YOUR AI has the mix you’re looking for.
Cookie3
Next up, introducing Cookie3, a MarketingFi and AI data layer actively disrupting a $650 billion industry by quietly becoming the leading B2B marketing platform in Web3. Through unique infrastructure, huge adoption numbers (600m+ wallets), and over 9 billion transactions, Cookie3 has altered the way Web3 projects do marketing forever.
Cookie3 leverages a combination of off-chain and on-chain analytics and an AI data layer to identify quality users who bring value on-chain, and reward them. Their data comes from leading Ethereum Virtual Machine (EVM) blockchains, such as Optimism, Avalanche, Base, Mantle, Arbitrum, Ethereum, Polygon, and BNB Chain.
Cookie3 saw that huge tech companies have been hoarding their huge profits instead of sharing them with the creators who bring traffic and advertisers to their platforms. Take Google for example – $237bn in ad profit in 2023, yet the users, creators, and businesses delivering that value went unrewarded. Cookie3’s solution is to build a new Web3 marketing economy where everyone wins. So far, it’s working.
Businesses optimize their campaigns with Cookie3’s analytics, helping them improve performance and reach their target audience while protecting airdrops from bots. Creators monetize their influence with transparent and performance-based rewards. Users build a MarketingFi score to understand their value to projects, access exclusive airdrops, and hold projects more accountable.
What’s the result of all this marketing innovation? Huge traction and a major response from the crypto community; 17,500 influencers with 375m+ combined followers are now adding value; over 550,000 monthly active users and 25,000+ daily are engaging with Cookie3; their DAO has raised over $5.5m in funding from major Web3 VCs; over 170 projects have joined their ecosystem, and on June 13th 2024, they successfully launched the $COOKIE token to help power their platform.
Privasea
Last, but by no means least, Privasea is another poignant example of an AI-Crypto crossover project transforming real-world businesses. Privasea introduces the “Proof of Human” badge, a way to validate your human likeness on the blockchain, using your facial biometrics to generate a one-of-a-kind NFT. The technology combines AI with decentralized physical infrastructure networks (DePIN) to ensure smooth operations, source affordable computing power, and acquire reliable data to train their models.
The concept has proven incredibly popular, with the projects raising $5m in March, and a further $3m in April. Backers include Gate.io, Binance Labs, OKX Ventures, and several more, as well as strategic partnerships with TON Blockchain and Nebula Block, to name just a couple.
Privasea’s Proof of Human technology is disrupting key industries, such as Healthcare – where data sharing processes must improve, Banking – where finding joint clients could be achieved without sharing identifying data sets, and Security – where sharing biometric data has presented considerable risk in the past.
AI is Here to Stay
There’s no two ways about it. AI is a one-track-minded revolution set to integrate itself into every facet of our lives, personal, professional, educational, financial, or emotional. Crypto, too, is on a similar tangent, shaking the cobwebs off countless industries that needed refreshing. Together, their symbioses present an opportunity for humanity to optimize and improve nearly every aspect of the modern world. Will it succeed? Only time, and supporting projects such as those in this article, will tell.
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