Home > NEWS > Tron Blockchain Commits $100M in Grants to AI-Focused Projects

Tron Blockchain Commits $100M in Grants to AI-Focused Projects

The commitment comes as AI-focused tokens take over the narrative in crypto circles.

With the development trend among investors in the application of artificial intelligence (AI) technology, TRON blockchain technology has guaranteed more than $100 million in assets to teams that apply artificial intelligence (AI) to blockchain technology systems.

This proposal aims to apply artificial intelligence to the applications built on the block chain according to the dialogue robot ChatGPT and other devices built by OpenAI in the back end and front of the research and development, in an attempt to simulate human intelligence in the device.

Such elite teams can apply for grants from the TRON artificial Intelligence Trends Fund.

The key areas identified by Tron are the use of artificial intelligence for payment and e-commerce, currency settlement, database management, industry and investment income analysis and specific content formation.

Justin Sun, founder of TRON, wrote on Twitter earlier this week: "the integration of artificial intelligence in the development and design of intelligent contracts will allow smarter, more efficient establishment and deployment of smart contracts."

In the past week alone, artificial intelligence OTP has risen by an average of more than 60 per cent, according to CryptoSlate statistics. The price of tokens on such platforms has more than tripled compared to tokens in channels such as Alethea artificial liquid Intelligence (Ali), Fetch.ai and SingularityNet's AGIX.

However, some market watchers are still cautious about the hype of artificial intelligence dynamic passwords.

"this whole trend is likely to end with rift hype, as there are a lot of speculators looking to take advantage of price increases in the short term," Valentina Ladis, a financial system consultant, told the WJB earlier this week. That kind of time is becoming more and more tiresome and sad, watching again and again.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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