The influence of artificial intelligence (AI) on various sectors is no longer news, and the crypto industry is no exception. In the crypto market, the impact of AI is becoming increasingly evident. AI-centric projects are creating a ripple effect that is influencing the value of their associated cryptocurrencies. Among the multitude of AI-driven initiatives in the crypto space, projects like Render, Fetch.ai, and yPredict are making their presence felt.
As the broader crypto market faces challenges, with Bitcoin struggling to maintain its price above the $25,500 mark, these AI crypto projects offer a glimmer of stability. They present use-cases that extend beyond mere speculation, integrating technological advances into functional, real-world applications.
In a market where many alt coins are finding it hard to sustain their price, these AI-focused tokens offer a promising avenue for future growth. Their impact is not just limited to the crypto market; they have the potential to drive advancements across various sectors, from entertainment to finance and beyond.
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Render focuses on providing solutions for GPU-based rendering. The project makes the complicated process of converting 2D or 3D computer models into lifelike images more accessible. By allowing people to use their idle GPUs to complete rendering tasks, the platform democratizes the cloud rendering process.
The project was founded by Jules Urbach, who is also known for founding OTOY, a company specializing in cloud rendering services. Another key player in the project is Ari Emmanuel, who currently serves as the co-founder and co-CEO.
According to their distribution plan, 25% of the native Render Token (RNDR) is open to the public, 10% is being
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