meme ebbs, AI sector token relay, copycat season is coming come yet?
Subject to last night's NVIDIA Affected by the announcement of the GTC24 conference agenda, the prices of multiple encrypted AI projects and AI concept coins that announced their participation in GTC24 have increased significantly. Among them, NEAR, FET, RNDR, GPT, NMT and other projects have increased by more than 20%.
NVIDIA GTC "GPU Technology Conference is an annual AI event that brings together developers, researchers, business leaders, IT decision-makers, creators, and the NVIDIA partner ecosystem. The 2024 NVIDIA GTC Conference will be held in San Jose, California from March 18-21.
Which encryption projects will Attending?
Near
Last night, NEAR Protocol co-founded Illia Polosukhin announced that she will attend the "Transforming AI" keynote speech and panel discussion on March 20 during the GTC24 conference. It is worth noting that Nvidia founder Jensen Huang will also participate in this event.
This keynote speech focuses on "Attention Is All You Need" was a groundbreaking paper that introduced the Transformer neural network architecture. Transformers have since dominated all areas of artificial intelligence and revolutionized entire industries. NEAR Protocol co-founder Illia Polosukhin is also one of the authors of the paper.
Second half of 2017 The Transformer neural network architecture was proposed in the published paper Attention is all you need, which has become an important underlying technology for today's natural language processing and artificial intelligence. Eight authors from Google Brain, including Ashish Vaswani (founded Adept AI Labs), Noam Shazeer (founded character.ai), Aidan Gomez (founded Cohere AI), Lukasz Kaiser, etc., were also guests at this event.
Near in 2023 An article published in February stated that NEAR can serve as infrastructure to support the next generation of AI use cases. The network creates a value layer for setting rules and data pricing, and different applications and protocols can utilize these data in an open, fair and transparent manner. . Near has also partnered with Cosmose AI, a consumer shopping data analytics platform, to build a stablecoin payment system that will allow users to shop with cryptocurrencies at lower transaction fees.
At the time of writing , NEAR price is $5.76, a 24-hour increase of 41%.
Render
The world's first distributed GPU on the blockchain Jules Urbach, founder of Render Network, will present "The Future of Rendering: Real-Time Ray Tracing, AI, Holographic Delivered a speech titled "Displays, and the Blockchain" (The Future of Rendering: Real-time Ray Tracing, Artificial Intelligence, Holographic Displays and the Blockchain).
Jules Urbach is also a cloud Co-founder and CEO of rendering company OTOY. OTOY has been at the forefront of rendering software for more than ten years. Their flagship application, Octane, is the first GPU-accelerated, unbiased, physically correct renderer and is widely considered the best of its kind. All major film studios, including Disney, use Octane for VFX.
Jules Urbach Why He entered the field of encryption because he had a metaverse vision, and in order to build the metaverse, content creation tools and rendering engines alone were not enough. The Metaverse will require astronomical amounts of computing power: orders of magnitude more than is available in all the data centers in the world combined. The only way to get that much computing power is to take advantage of the hundreds of millions of potential GPUs owned by consumers around the world.
Render Network in 2017 Launched in 2017, it aims to capitalize on this potential supply. Render Network allows complex GPU-based rendering jobs to be distributed and processed over large distributed peer-to-peer networks. This enables creators to compute at unprecedented scale and price, with stronger privacy guarantees than any existing cloud provider.
At the time of writing , RNDR price was $9.94, a 24-hour increase of 47%.
You can participate by paying money?
Except the above two projects, and many AI track projects have stated that they will also participate in the NVIDIA GTC24 conference. However, these projects only need to purchase tickets to participate in the conference, and they have not announced that they will hold or participate in any activities at the conference. The deadline to purchase tickets is March 17, and there may be more crypto AI projects choosing to join this AI event. The following projects have been officially announced to participate in the GTC24 conference, for reference only.
NetMind.AI (NMT) span>
NetMind, which focuses on GPU sharing business .AI announced last night that it would be invited to attend the NVIDIA GTC24 conference, but no further event agenda has been announced yet.
After this news was announced, the price of NMT increased Breaking through $12, NMT is trading at $12.14 at the time of writing, with a 24-hour increase of 27.5%.
Node AI (GPU)
GPU rental project Node AI announced its participation Prior to the NVIDIA GTC24 conference, Node AI updated its roadmap, saying that it will introduce an L1 blockchain customized for cross-node task distribution.
As of writing , the GPU price is $1.25, an increase of 1% in 24 hours.
MineAI
Computing resource and GPU sharing project MineAI announced that it will Attend the NVIDIA GTC24 conference from March 19th to 21st, where we will discuss various details of the project and future prospects with MAI holders.
As of writing , MAI price is $0.037, a 24-hour increase of 217%.
QnA3.AI (GPT) span>
AI-driven Web3 Creative Commons Platform QnA3.AI announced that it will participate in the NVIDIA GTC24 conference from March 17th to 21st. Previously, QnA3.AI announced that the second airdrop will take place at 04:00 UTC on April 2, 2024.
At the time of writing , GPT price is $0.68, an increase of 8% in 24 hours.
AI and DePIN have been popular this year narrative. A few days ago, Solana ecological DePIN protocol io.net announced the completion of a $30 million Series A financing. In the past six months, the tokens of various projects in the AI sector have continued to rise, thanks to the continued innovation of Web2 AI companies such as OpenAI and NVIDIA. AI projects in the encryption field are also in full swing.
NVIDIA AI of the Year There are still ten days left before the conference. Presumably, the hype on the AI concept will not stop before the end of the GTC24 conference.