Can AI become the new narrative of the old public chain?

Author: Frank, PANews

Iron Bull Market, Flowing Public Chain. Each round of Bull Market has a group of public chains "leading the way", and at the same time, there are also a number of public chains that completely "disappear into the dust" with the end of a round of Bull Market. As the most important encryption infrastructure, the market capitalization of the public chain is undoubtedly the highest, it carries the expectations of a large number of investors and projects, for the public chain that lacks sticky users, it seems that only by constantly updating the narrative and maintaining their brand exposure can they try their best to remain on the main stage of the new round of Bull Market.

AI is the hotspot track with the highest attention and the easiest to get out of the circle today. PANews observed that some of the star public chains in the first two rounds of the Bull Market did not shine again in this round of Bull Market, and AI has become a new narrative for the old public chains. In this article, PANews takes stock of the narrative combination of 7 old public chains and AI, but on the whole, even if they are combined with AI, the old public chains seem to show less vitality and determination, swaying on the boundary between heat and real work.

Qtum**: Haozhi10000GPUsupportAI**

On April 18, the Qtum Foundation announced the acquisition and launch of 10,000 Nvidia GPUs to support AI projects.

In addition to the launch of the GPU support plan, Qtum has also launched two AI products, Qtum Solstice and Qtum Qurator.

Qtum Solstice: A conversational chatbot similar to ChatGPT, based on an Open Source model. This alpha deployment will engage users in useful and intelligent conversations.

Qtum Qurator: A text-to-image generation model similar to Midjourney, also based on an Open Source model. This utility will allow users to generate images that would normally require tedious work in an image processing software application.

Miguel Palencia, co-founder of Qtum, said: "We have ambitious goals for AI, which will require a three-phase rollout plan. Today, we unveil the first phase, which is chatbots and image generators. The next two phases will include a modeling layer and finally a Decentralization Economy layer, which will bring together everything on the Qtum Blockchain. ”

The Qtum Foundation said it plans to make long up to 10 more AI-related products available in the coming months to further leverage the 10,000 GPUs. Such abundant computing power will help the Qtum Foundation find partners for cooperation and joint development.

NEAR**: Sitting on the AI grandmaster-level boss returns to the AI track**

NEAR co-founder Illia Polosukhin's own achievements in AI may be greater than Blockchain. He joined Google Research in 2014 to develop models and tools that will eventually incorporate AI. He was also a major code contributor to Google's TensorFlow AI Open Source project, where eight researchers co-authored the "Attention is All You Need" paper, which introduced a new model architecture called Transformer, which later became the technology of popular AI products like ChatGPT. Arguably, NEAR has the strongest correlation with AI, and even when it was first founded, NEAR.AI was a company focused entirely on artificial intelligence.

However, in the first few years of NEAR's existence, its main goal was to create a convenient, easy-to-use, and environmentally friendly Blockchain. Until the end of 2023, NEAR announced the launch of NEAR Tasks, a smart contract for automatic payments through NEAR Tokens, which can help AI projects better distribute rewards through this platform. But in fact, this project looks more like using the advantages of Blockchain to optimize the development of artificial intelligence, rather than improving Blockchain through artificial intelligence.

At NEARCON 2023, Illia Polosukhin named AI as one of the core verticals of the NEAR ecosystem. In 2024, driven by the anticipation of Illia Polosukhin's attendance as a speaker, ahead of the NVIDIA GTC, the price of NERA has almost doubled pump.

At this time, NEAR Tasks is not officially open. The classification of AI applications has not yet officially appeared in the NEAR ecosystem.

Algorand**: A little thought about **AI **** but not longest

In July 2021, Algorand had announced a partnership with Fortior to create AI-powered governance mechanisms and financial assets on the Algorand Blockchain. Since then, there has been little news about AI in Algorand.

A COMMUNITY MEMBER ASKED ALGORAND AT THE FORUM THIS YEAR: IS THERE A PLAN TO APPLY ALGO TO ARTIFICIAL INTELLIGENCE?

ALGO official reply to this, it has been thinking about this question, Decentralization it is almost necessary for AI models, Open Source models with Decentralization data networks (allowing users or businesses to sell/share data using specific models), processing networks (lending long surplus computing power such as mining to allow for more long outputs), immutable records (NFTs) of outputs such as images. Algorand has struggled to put together his ideas, but to his great surprise, the more long Crypto Assets projects have not moved to the concept, or at least not to discuss how Decentralization networks and artificial intelligence can create a symbiotic relationship.

DFINITY: Optimize ICP to run large AI models.

Dominic Williams, founder and chief scientist of the DFINITY Foundation, said in a March 2024 blog post that AI and smart contracts and blockchain are "perfect partnerships," arguing that centralized large models have the potential to do evil, so AI must be tamper-proof.

Dominic Williams said that the ICP will upgrade the memory capacity of the smart contracts to 32GB while supporting 64 bits. This makes it possible to run some large language models.

Polygon**: Launched AI **** tool based on GPT-4**

Polygon seems to be sensitive enough on the AI track at the moment, with the launch of Polygon Copilot back in June 2023. However, according to PANews testing, the product did not seem to achieve the desired effect, and failed to respond to longest inquiries.

In addition to Polygon Copilot, Brain, an AI product built by Polygon, is also a similar tool, and has better functions than Polygon Copilot, not only to implement Q&A functions, but also to deploy contracts and send transactions through artificial intelligence.

In addition, on April 19, ORA, a recently popular AI project, announced a partnership with Polygon on Token2049 in Dubai to introduce its AI Oracle Machine OAO on the Polygon on-chain.

Polkadot: Launch of PolkaBot AI Chatbot

In 2024, PolkaBot launched an artificial intelligence education platform, PolkaBot AI, which is a ChatGpt-like language model that currently provides some information about PolkaBot content retrieval.

As of now, Polkadot has not launched an official AI plan, but it seems to attach great importance to the development of AI projects in the ecosystem. On April 16, Polkadot officially published an article on its blog, taking stock of longest ecosystem-related AI projects, including the more popular AI project Bittensor.

At the same time, Polkadot stated, "Polkadot's robust infrastructure is uniquely positioned to support the AI revolution, providing the scalability, interoperability, and security needed for AI's massive computing needs." "It seems that Polkadot's goal is to provide infrastructure for projects that combine Web3 and AI.

Cardano**: Defend **** Cardano **** with **** AI model and Blockchain comparison**

Although there are no official plans for AI in Cardano at the moment, it is interesting to note that long wick candle questioned the community's inaction on Cardano, and its founders responded in April this year by comparing AI models and Crypto Assets that short-term narratives are not always effective, saying: "The problem in our industry is that short-term narratives and binge selling dominate the conversation, and AI has the same problem." A few months ago, Open AI dominated everything, but also faced increasing competition from other language models, first Claude 3, now we have Grok 1.5, and soon Llama 3. ”

Summary

Judging from the above projects, it seems that all established public chains want to increase the topic of conversation through the social hotspot of AI, but so far they have not carried out in-depth exploration and efforts on this track. Among them, except for Qtum, NEAR, and Polygon, which have invested longest in AI products, other public chains seem to be staying in the hot stage. But at the same time, the track of Web3+AI is not deserted, according to Coingecko, the overall market capitalization of AI projects has reached $23.2 billion, and longest projects use Ethereum and Solana as the first choice of technology. As a veteran public chain, if you want to rejuvenate through the layout of AI, you may need to come up with some more powerful development strategies and products to be convincing.