AI and blockchain: A match made in heaven or hell

AI and blockchain: A match made in heaven or hell

The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain.
From AI Models on Bitcoin to AI training data on a layer 2 blockchain, coins linked to AI crypto projects are all the rage in the altcoin universe.
It’s a reflection of broader market conditions. Hot stock Nvidia (NVDA.O) has stolen headlines since last year and put AI on the investing map. 
That stock became the seventh public U.S. company valued at over $1 trillion. By March 2024, it became the world’s third most valuable company after Microsoft and Apple as the market cap eclipsed $2 trillion. Investors yearn for exposure to machine learning technology at a clip that rivals the world’s largest companies.
AI tokens at the time of writing have a market value of $26.4 billion. Last April, that number was a mere $2.7 billion. 
The CoinDesk Indices Computing Index includes AI-linked tokens and has increased more than 165% in the past 12 months. And trading volumes hit an all-time high of $3.8 billion in

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