AI is one of 2023’s most exciting developments, but aside from coding and writing assistance, how will we benefit from it practically? Fetch.ai and Everloge have the answers. Kaspa is not centered around AI but will be integral nonetheless. Let’s find out which of these projects is set to rally by 300% in 2024, and why.
Fetch.ai enables building "AI digital twins"
What are digital twins? They are incredibly useful AI agents that automate tasks on people’s behalf.
For example, people could have an AI agent that books the perfect holiday by automatically scouring sites like Booking.com. Users tell their personal assistant when they want to travel and their budget. The software agent will then search for flights, hotels, and rental cars, comparing prices across providers to find the optimal combination that matches your wishes.
Fetch.ai could even learn from a friend's past trip to the same destination, replicating elements the user likes. The agent handles all the manual searching, comparing prices and booking for them.
In crypto, Fetch.ai agents can perform DeFi actions like yield optimization. These are just some of the many potential use cases and fields for this technology, such as energy, IoT, and more.
With integrations like IBC and a $150M fund, Fetch.ai brings automation to Cosmos. The FET token enables transactions between agents while securing the network.
Fetch.ai is up by 639% on the yearly.
Is Kaspa essential for crypto and AI?
Kaspa is another chain built on the Cosmos ecosystem, and is an alternative to the usual ways of building blockchains and DLTs (distributed ledger technology). Certain experts believe that this is the key to Kaspa's future and superiority.
Consider that the integration of AI and blockchain holds immense promise, but current blockchain technologies are too slow to enable the responsive real-time interactions needed. This is where Kaspa's innovative blockDAG comes in.
By combining aspects of blocks and directed acyclic graphs, Kaspa achieves reactive speed at 1 block per second initially, and targets 30-100 blocks per second after its Rust rewrite.
This performance leap means AI systems built on Kaspa can react far faster than on platforms like Ethereum, Tron, or Bitcoin. The difference is like playing a game at 1 frame per second versus 100 frames. This enables speed-reliant AI agents, like autonomous driving systems, to make split-second decisions.
Kaspa's innovative combination of DAG and blockchain capabilities overcome other blockchain technology’s limitations around speed and scalability. This provides the performance needed for AI to interact seamlessly with immutable blockchain data and transaction processing.
So for AI and crypto synergies, Kaspa is a next-generation platform. This is likely one of the reasons that Kaspa is up by an impressive 1866% over the last year.
Everlodge Combines AI and Real Estate Investing
While the tech behind Kaspa and Fetch is compelling, the market has already priced in much of the bullish potential, and that is why we see that Kaspa is down on the monthly and weekly charts.
So for investors seeking the newest play involving crypto and AI, Everlodge could be the place to look.
Like Kaspa, Everlodge’s MO is not AI, but rather, making easy trading of Real World Assets accessible to ordinary people. Specifically, Everlodge is targeting real estate around the world. Investing in property has, in recent years, been reserved for the rich. And luxury property solely for the ultra-rich.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We're thrilled to announce that our website just got a makeover! 💻<br><br>Check out the fresh look and discover the NEW features we've added. It's all about making your experience even better!<br><br>Plus, remember that our Presale is still ON. <br><br>Explore now: <a href="https://t.co/SIYWBylwQD">https://t.co/SIYWBylwQD</a><a href="https://twitter.com/hashtag/RWA?src=hash&ref_src=twsrc%5Etfw">#RWA</a> <a href="https://t.co/aTuT8x7z36">pic.twitter.com/aTuT8x7z36</a></p>— Everlodge (@EverlodgeHQ) <a href="https://twitter.com/EverlodgeHQ/status/1716543605576241503?ref_src=twsrc%5Etfw">October 23, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
But Everlodge is here to change this as they are going to buy up undervalued properties around the world and then tokenize them on the blockchain. This means they can offer fractions for sale to ordinary investors. Since the vacation rental market is more profitable than regular rentals, this is the market they are targeting.
And this is where AI comes in.
Most retail investors are unlikely to have a wealth of experience in the global property market. So Everlodge is integrating AI into its upcoming platform. AI will analyze global trends and identify emerging markets where property prices are set to rise and rental returns are high.
Everlodge is currently in presale, with a 40% gain before it launches on Uniswap and a tier 1 exchange such as Gate.io or Binance. Experts are forecasting a 300% rally on the day of launch and the token is set to continue to rise, as more people get onboarded to the platform.