Tron Blockchain Grants $100 Million for AI Utilization Projects | coindesk JAPAN | Coindesk Japan

Tron Blockchain has committed more than $100 million to teams leveraging AI in its blockchain applications as artificial intelligence (AI) gains traction among investors. announced.

This initiative aims to support developers who are researching how to use tools like OpenAI’s “ChatGPT” on both the backend and frontend of development on applications built on the TRON blockchain. and

Such development teams can apply for grants from the TRON Artificial Intelligence Development Fund. Tron will support the use of AI in payment, e-commerce, currency settlement, data management, market and investment analysis, and content generation.

“The use of AI in smart contract development will allow us to create, deploy and execute smart contracts more intelligently and effectively,” TRON founder Justin Sun tweeted earlier this week. are doing.

AI tokens have averaged over 60% gains over the past week alone, according to CryptoSlate data. Among them, tokens from platforms such as Alethea’s Artificial Liquid Intelligence (ALI), fetch.ai (FET), and SingularityNET (AGIX) recorded a more than 3x increase.

However, some market watchers remain cautious about AI tokens as hype.

Financial markets consultant Valentina Drofa told CoinDesk earlier this week that “there are a lot of speculators looking to capitalize on short-term price increases, and this whole new trend risks ending in a hoax.” Stated. “It’s getting sickeningly sad to watch this cycle over and over again,” she said.

｜Translation: coindesk JAPAN
｜Editing: Toshihiko Inoue
| Image: Danny Nelson/CoinDesk
｜Original: Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects