What’s New in Decentralized AI: The Graph Launches GRC-20, FET Staking Platform and More 🌐
AI-based cryptocurrency projects are advancing the blockchain space, employing automated data handling for improved decentralized systems. Recent developments include The Graph's introduction of GRC-20 standard, NEAR Protocol's integration with MetaMask, and ASI Alliance's launch of a FET staking platform.
The Graph Protocol introduces GRC-20, aiming to enhance decentralized data indexing and querying. This standard may replace less suitable existing frameworks for Web3, promising to standardize data and knowledge similarly to ERC-20, fostering interoperable Web3 applications.
NEAR Protocol achieves compatibility with MetaMask, expanding its reach. MetaMask's Snap ecosystem now includes NEAR, as well as Solana, Cosmos, and others, enhancing user convenience in managing multiple blockchain interactions.
ASI Alliance has detailed a new staking platform for FET tokens, called ASI Train. This initiative supports AI model development while providing stakers with economic benefits. The alliance, involving Fetch.ai, SingularityNET, and Ocean Protocol, promotes decentralized AI advancements.
These advances have affected market dynamics positively, with GRT tokens and NEAR gaining significant momentum. The innovations illustrate the potential of combining AI with decentralized blockchain technologies.
Source: beincrypto.com ↗