Artificial Intelligence Machines Will Dominate Blockchain Activity, Says Veteran Crypto Venture Capitalist
Artificial intelligence (AI) will soon work its way into the crypto ecosystem and become a huge chunk of blockchain activity, according to a veteran crypto investor.
Venture capitalist Chris Burniske, a partner at Placeholder Capital and former ARK Invest analyst, says that “AI agents” will eventually dominate crypto networks, forcing us to start to figure out ways to differentiate between human users and AI entities on each chain.
He says he’s anticipating “stunning” growth in crypto fueled by AI.
“In a few years, crypto network stats may have to segment between MAUs (monthly active users) and MAMs (monthly active machines) – people still don’t fully grasp what a perfect fit blockchains are for the financial needs of AI agents, but when it does click, the growth will stun us all.”
Burniske also says that the already existing bots that are currently active on some chains are akin to the “Neolithic age for humans, experimenting with early and basic tools.”
While AI-linked crypto projects have witnessed healthy growth in 2023, crypto intelligence firm Kaiko reported last week that the subsector was seeing a downtick in trading volume relative to other digital asset classes.
“AI-related tokens have been losing momentum, hitting lowest weekly trade volume since January.”
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
The post Artificial Intelligence Machines Will Dominate Blockchain Activity, Says Veteran Crypto Venture Capitalist appeared first on The Daily Hodl.
Go to Source
Author: Daily Hodl Staff
