PANews reported on May 28 that, according to the official blog, Grayscale has established an "AI Crypto Sector" as the sixth cryptocurrency classification standard. This sector includes 20 tokens, with a total market value of $21 billion (a 366% increase from Q1 2023), mainly divided into three subcategories: 1. AI Platforms: such as market cap leader Bittensor and Near, providing decentralized AI development infrastructure; 2. AI Tools and Resources: including Grass (data collection) and Akash (computing power market); 3. AI Applications and Agents: such as Virtuals (autonomous AI agents) and Worldcoin (human identity verification).
The report noted that the current AI crypto sector represents only 0.67% of the entire crypto market, but has enormous potential. Bittensor will experience its first token halving this year, and its subnet ecosystem has already staked over 7% of circulating supply since the February upgrade. Projects like Grass have achieved tens of millions of dollars in annualized revenue, demonstrating commercial progress. Grayscale is positioning itself in this field through products like the Bittensor trust, believing blockchain technology can address governance risks in AI's centralized development. With the stablecoin bill advancing, the payment infrastructure for crypto-native AI agents is expected to accelerate.
