Original - Odaily

Author - Nan Zhi

In the early morning of February 16, OpenAI launched its text-to-video model Sora. Sora can create videos up to 60 seconds long, containing highly detailed scenes, complex camera movements, and emotionally rich characters, once again subverting the creative capabilities of AI. Elevated to a higher level. That night, Sora, the Meme token of the same name, was the first to rise, with a maximum increase of 20 times that day based on the 15-minute closing price. Then various AI concept tokens began to continue to rise to this day.

Odaily will take stock of the AI ​​concepts, classifications and market value data of each related token in this article.

OpenAI founder concept

WLD（Worldcoin）

Circulation market capitalization: US$700 million

concept:Worldcoin is a Crypto project founded by OpenAI founder Sam Altman. Since most people in the world currently cannot verify their identity through digital means, Worldcoin’s vision is to build the world’s largest and fair digital identity and currency system. In this way, everyone can enter the global financial system. Although WLD has no actual use cases yet, the founders concept of OpenAI has made it appear in all previous AI hypes.

ARKM（Arkham）

Circulation market capitalization: US$210 million

Concept: Arkham is a blockchain analytics platform that uses artificial intelligence (AI) to de-anonymize blockchain and on-chain data. The two main components of the platform are the analytics platform and Intel Exchange. The analytics platform covers analysis of various entities, exchanges, funds, whales, and tokens, allowing anyone to buy and sell address tags and other intelligence via bounties, auctions, or data programs.OpenAI founder Sam Altman is one of Arkham’s investors。

video concept

LPT（Livepeer）

Circulation market capitalization: US$510 million

Concept: Livepeer is an open video live broadcast infrastructure built on Ethereum. On February 16, Livepeer posted on the X platform that OpenAI announced their research progress on the Sora-generated video AI model.The community is working hard to bring these features to the Livepeer network in the coming months, creating an affordable and open access point for developers, creators, and users who want to do inspiring things by generating video.

RNDR（Render Network）

Circulation market capitalization: US$2.16 billion

Concept: Render Network is a GPU computing network that allows users to use their RNDR tokens in exchange for additional computing power for rendering scenes in the cloud. Node operators essentially lease their GPU computing power to users for tasks such as animation, scene rendering, visual effects rendering, and more. In return, providers of computing power receive RNDR tokens.

VRA（Verasity）

Circulation market capitalization: $73.7 million

Concept: Verasity is a protocol and product layer platform for esports and video entertainment. Verasity, through its rewards player, enables video publishers to significantly increase engagement and advertising revenue on any platform. Verasity has released a research report stating that the latest advances in AI and machine learning (ML) have stimulated the growth of advertising expenditures, and by leveraging AI and machine learning, companies can control their advertising expenditures, ensure that they spend effectively, and that their advertising can reach A real human audience, not just bots. Verasity will leverage artificial intelligence and machine learning within its proprietary advertising stack to increase the effectiveness and efficiency of advertising solutions.

AI application concepts

NFP（NFPrompt）

Circulation market capitalization: US$200 million

Concept: NFPrompt is aAI-driven UGC platform, designed for the new generation of Web3 creators, is a platform integrating AI creation, social networking and commercialization. NFP is the native token of NFPrompt, which can be used to pledge and share platform fees, pay for creation and promotion activities, community activities, and governance.

AI（Sleepless AI）

Circulation market capitalization: US$233 million

Concept: Sleepless AI is aBased on AI’s virtual companion game utilizes AIGC and LLM to create rich story-based gameplay and organically developed interactions with characters. Sleepless AI also owns virtual boyfriend and virtual girlfriend games. But currently only the virtual boyfriend game HIM has been launched.

AI underlying concepts

TAO（Bittensor）

Circulation market capitalization: US$4 billion

Concept: Bittensor is an open source protocol that powers decentralized, blockchain-based machine learning. A new AI market model is proposed. This market model uses a digital decentralized account book to record rankings through a P2P computer network and provides incentives to participants in a decentralized manner. This way, researchers can profit directly from their AI work, and consumers can purchase the AI ​​directly.

FET（Fetch.ai)

Circulation market capitalization: US$830 million

Concept: Blockchain platform based on artificial intelligence and machine learning.

AGIX（SingularityNET）

Circulation market capitalization: US$570 million

Concept: SingularityNET is a decentralized platform for AI. It aims to build a blockchain-based infrastructure to enable real-time and flexible interaction of various AI algorithms from image recognition to natural language processing. The system will track which algorithms are being used and incentivize developers accordingly.

AKT（Akash Network）

Circulation market capitalization: US$790 million

Concept: Akash Network develops an open source, decentralized cloud computing marketplace that delivers speed, efficiency and affordability, aiming to change the way users perceive and consume cloud services.

MDT（Measurable Data Token）

Circulation market capitalization: $45.5 million

Concept: Measurable Data aims to provide a blockchain-based data economy where data providers and data buyers can trade data securely and anonymously. In addition, the founders of Measurable Data have established alternative data company Measurable AI to provide consumer insights based on emerging markets.

New Generation AI Tokens

AIT（AlT Protocol）

Circulating market value: US$58 million (token launched on January 16)

Concept: AlT Protocol is the first Web3 data infrastructure dedicated to data annotation and AI model training. This move is driven by the growing need for high-quality structured data in the development of artificial intelligence applications. The AIT decentralized marketplace offers millions of cryptocurrency users the opportunity to participate in “Train-to-Earn” tasks, allowing them to actively contribute to the advancement of artificial intelligence models and the development of advanced solutions while earning rewards .

SORA

Circulating market value: approximately US$20 million (token launched on February 16)

Concept: OpenAI text-to-video model Sora’s Meme of the same name is currently listed on the MEXC exchange.

in conclusion

This round of AI token craze is dominated by OpenAI-related concepts. WLD rose nearly 50% in three days, and LPT once exited the short squeeze market. On the other hand, new tokens based on the AI ​​concept are also gaining momentum. Whether it is the Meme coin SORA, AI that has been listed on Binance, or AIT, which is an orthodox AI concept that focuses on on-chain transactions, there has been considerable growth. After this round of craze, it is still expected to become one of the mainstream sectors in 2024.