In this article, we are going to talk about Top Picks for AI Crypto Alternatives in 2024. As artificial intelligence and cryptocurrency continue to converge, the future of altcoins powering AI applications is bright. There are already a handful of promising projects on the horizon that aim to support the next wave of AI development through decentralized blockchain networks. In this post, I’ll break down my top 5 picks for the most compelling AI crypto alternatives to watch in the new year.

1 Anthropic

Founded by Dario Amodei and Daniela Amodei, Anthropic develops Constitutional AI – a technique for designing harmless and helpful AI systems. Their token, ANTH, will help fund the creation of advanced yet beneficial AI on their decentralized platform. What makes Anthropic notable is its scientific research approach to AI safety under the direction of leading experts. In 2024, they plan to launch self-supervised learning models and a platform for training advanced neural networks using ANTH as an incentive mechanism. Their focus on safety could make Anthropic blockchain-based AI one of the most responsible options.

2 Sentient

Sentient is building an open marketplace to connect AI developers with enterprises seeking customized solutions. Their token SENT is the native currency to pay developers, access datasets, and receive rewards. But what stands out about Sentient is their goal of launching a whole new category of “sentient agents” – AI systems possessing a theory of mind. While still in the early research phase, sentient agents could revolutionize how we interact with virtual assistants if they become a reality. Sentient looks primed to be at the forefront of major innovations in embodied conversational AI over the next year.

3 Vega Protocol

Vega aims to become the infrastructure powering “AI as a service as demand grows for specialized AI services.” Developers will be able to deploy and monetize different types of cutting-edge models on Vega’s marketplace. They have an impressive suite of AI building blocks already, including computer vision, NLP, optimization, and simulation tools. Their utility token VGA will serve as the currency to access computing resources, data marketplaces, and governance capabilities. If Vega delivers on scaling this plug-and-play infrastructure for training and deploying commercial AI models, it could become the default platform for many AI startups.

4 Anthropic DAO

Operated as a decentralized autonomous organization (DAO), Anthropic DAO develops AI safety research and oversees the governance of the Anthropic Constitutional AI project. Holders of their ANTHO token can vote on funding proposals and technical decisions related to advancing the field. What makes Anthropic DAO compelling is its mission to support independent AI safety work beyond just one company. As AI capabilities accelerate, oversight from a diverse community will be crucial. Anthropic DAO could evolve into an important player in coordinating open collaboration on existential AI issues industry-wide.

5 Parallel Finance

Parallel Finance aims at optimizing the AI development lifecycle through a suite of blockchain tools. Their flagship product, Prada, automates the model development process from research to deployment. It allows teams to collaboratively build, train and monitor machine learning models using tokens to incentivize contributions. Parallel also offers Atlas – a marketplace to buy, sell and discover AI assets. Their native token PRAL powers the ecosystem. With a sharp focus on streamlining workflows, Parallel Finance presents a promising option for AI engineers seeking an integrated decentralized development environment.

In summary, 2024 shapes up to be a breakthrough year for AI-focused cryptocurrency projects tackling urgent needs around safety, marketplaces, services, and development tooling. While still speculative, these top 5 alternatives have the potential to significantly advance the application of blockchain within artificial intelligence for years to come. Overall, Anthropic, Sentient, Vega Protocol, Anthropic DAO, and Parallel Finance are well-positioned to drive real innovation and progress. Their success could help determine the trajectory of AI’s increasingly symbiotic relationship with cryptocurrency and decentralized networks.