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Topic: Too many AI projects (?) - page 2. (Read 590 times)

full member
Activity: 560
Merit: 112
July 20, 2018, 08:51:43 PM
#49
The numbers is not the biggest issue, the plagiarism or copying of identical AI projects and alternative currency as a result of this popularity and money maker ICO. This means that abusing the idea and making hard money out of the innocent or dumb investors who think that the projects will succeed, but the problem is the management or the creator only focus on his money back/profits.
full member
Activity: 420
Merit: 100
July 20, 2018, 08:26:28 PM
#48
It's fine if you don't wanna invest in these AI project Smiley). Cause another investor will take that chance Smiley. I know that there are so many ICO projects focus on developing AI and not all of them are successfull cause create an AI to make people living become much easier is not easy but how if ICO project about AI which you just gave up is the best one? Don't think it's a bad project just because it's related to AI developing Smiley.
sr. member
Activity: 547
Merit: 250
0x3f17f1962B36e491b30A40b2405849e597Ba5FB5
July 20, 2018, 07:52:17 PM
#47
Hi, i just want to here some opinions from you guys, regarding the fact that theres a LOT of AI + blockchain projects in the crypto space.

I have the feeling that AI is - again - hyped, and everyone wants to hop on the train, to get a piece of the cake somehow.
Right now, we have quite famous projects out there, that are already listed on CMC, like DeepBrain Chain, SingularityNET, Bottos, Matrix AI Network...
And then theres a lot of other new ICOs, like Effect.AI, Synapse AI, Synthetics AI, Neurochain, DML, and so on...
Everyone is trying to hype his own project, where he has invested in, saying AI +  blockchain is the future, your idea sounds great, i'm going to invest.
It seems to me, as if these people just don't realize, that theres already way too much competition.
How are all these coins supposed to survive in the future when they are facing like 10 or 20 direct competitors.

Really interested in hearing your thoughts on this. Thanks.

Actually if they can pull off what they are talking, competition doesn't really matter when it involves global market. The problem here is that they join with the hype and they can't deliver what they promised to deliver. AI + Blockchain was really a cool thing - it sounds like Tony Starks + Blockchain. Somehow, I will expect that few of them (if not all) can bring the solution to masses.

It's disappointing if they raised a couple of million bucks and they can't even make a simple AI solution.
newbie
Activity: 72
Merit: 0
July 20, 2018, 07:30:37 PM
#46
Maybe there are too many, but I prefer it because otherwise there would be too few, in the end as most of the projects and ICOs only the best will endure, the rest of shitcoins will fail as it should be, AI is a very important issue and is increasingly more intrincated in our lives so I have a special interest in it, because a revolutionary AI can change the world.
newbie
Activity: 98
Merit: 0
July 20, 2018, 07:11:37 PM
#45
I believe that a large number of such crypto currencies is very good, because thanks to competition we will be able to identify leaders and start investing in them. Everywhere you need to look for pros. Wink
hero member
Activity: 2128
Merit: 520
July 19, 2018, 10:24:35 PM
#44
That is just the sad reality of the crypto space. Too many copycats out there trying to milk the system and adding no value. And this problem is not just with Artificial Intelligence based blockchain projects it. Take a look at Masternodes for example, there are over 174 of Masternodes coins competing against each other with each one saying their idea sounds great.

I Think that is just the good news for us. more competition will make more creativity and innovation.
And then give more Quality Project in the future.

And about copycat, it's no problem, i think if they add more value.

It's only my opinion from Newbie Crypto Investor.
Copycat actually is a problem, why funding the same exact thing when there's some project out there that offers more innovation? funding many project with the exact same goal is not how you advance technology, but working together to achieve the goal is how you got it.
That's right why bother supporting duplicate project where the existing one can be enhance by the developers, better focusing to other project where usage can be more utilize and can succeed as well with its target venue, people should realized that ideas which been copied most of the time become
scam when there's no support coming from the community.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
July 19, 2018, 10:17:20 PM
#43
That is just the sad reality of the crypto space. Too many copycats out there trying to milk the system and adding no value. And this problem is not just with Artificial Intelligence based blockchain projects it. Take a look at Masternodes for example, there are over 174 of Masternodes coins competing against each other with each one saying their idea sounds great.

I Think that is just the good news for us. more competition will make more creativity and innovation.
And then give more Quality Project in the future.

And about copycat, it's no problem, i think if they add more value.

It's only my opinion from Newbie Crypto Investor.
Copycat actually is a problem, why funding the same exact thing when there's some project out there that offers more innovation? funding many project with the exact same goal is not how you advance technology, but working together to achieve the goal is how you got it.
member
Activity: 182
Merit: 43
Just Post Junk Posts
July 19, 2018, 10:15:40 PM
#42
That is just the sad reality of the crypto space. Too many copycats out there trying to milk the system and adding no value. And this problem is not just with Artificial Intelligence based blockchain projects it. Take a look at Masternodes for example, there are over 174 of Masternodes coins competing against each other with each one saying their idea sounds great.

I Think that is just the good news for us. more competition will make more creativity and innovation.
And then give more Quality Project in the future.

And about copycat, it's no problem, i think if they add more value.

It's only my opinion from Newbie Crypto Investor.
newbie
Activity: 6
Merit: 0
July 19, 2018, 10:01:26 PM
#41
AI Blockchain and Data analytics and Block chain both the integration are upcoming in crypto coins space we can see atleast 100 coins in coming months
Ye, more and more AI. And we get kindergarten not sane AI. Is anyone of those projects present something valuable? May be we actually in dotcom era. And it will remain brilliant project only. But now it looks sad

It's clear a few legitimate AI projects are starting to surface. Mykrosystems has a real use for blockchain and it's serving ML with datasets.  Interesting project.

http://myke.ai/whitepaper
hero member
Activity: 700
Merit: 500
March 18, 2018, 03:35:26 PM
#40
 recently effect.AI project has ico, On March 24. I think it's a nice and different project. it also uses the neo infrastructure, whose popularity is increasing day by day. Smiley
full member
Activity: 612
Merit: 102
March 18, 2018, 02:23:39 PM
#39
Hi, i just want to here some opinions from you guys, regarding the fact that theres a LOT of AI + blockchain projects in the crypto space.

I have the feeling that AI is - again - hyped, and everyone wants to hop on the train, to get a piece of the cake somehow.
Right now, we have quite famous projects out there, that are already listed on CMC, like DeepBrain Chain, SingularityNET, Bottos, Matrix AI Network...
And then theres a lot of other new ICOs, like Effect.AI, Synapse AI, Synthetics AI, Neurochain, DML, and so on...
Everyone is trying to hype his own project, where he has invested in, saying AI +  blockchain is the future, your idea sounds great, i'm going to invest.
It seems to me, as if these people just don't realize, that theres already way too much competition.
How are all these coins supposed to survive in the future when they are facing like 10 or 20 direct competitors.

Really interested in hearing your thoughts on this. Thanks.
Cheesy i noticed that also , i guess that is the trend now.
the last trend was lending projects but now obviously those hit lending projects ended up to discontinue.
It doesnt mean that they all turned scam but i guess they cannot maintain the rates.
But i love the effect.AI project and its under neo blockchain.
member
Activity: 350
Merit: 10
March 18, 2018, 12:21:00 PM
#38
Hi, i just want to here some opinions from you guys, regarding the fact that theres a LOT of AI + blockchain projects in the crypto space.

I have the feeling that AI is - again - hyped, and everyone wants to hop on the train, to get a piece of the cake somehow.
Right now, we have quite famous projects out there, that are already listed on CMC, like DeepBrain Chain, SingularityNET, Bottos, Matrix AI Network...
And then theres a lot of other new ICOs, like Effect.AI, Synapse AI, Synthetics AI, Neurochain, DML, and so on...
Everyone is trying to hype his own project, where he has invested in, saying AI +  blockchain is the future, your idea sounds great, i'm going to invest.
It seems to me, as if these people just don't realize, that theres already way too much competition.
How are all these coins supposed to survive in the future when they are facing like 10 or 20 direct competitors.

Really interested in hearing your thoughts on this. Thanks.
Competition is always good, yes there are lots of those projects lately but it doesn't matter at least I do not think there is clear winner right now so the projects are trying to get the top spot once that happens then most other coins will begin to fail since all the money will be concentrated in just a few coins, make sure to select the right coin and you can make good money, fail to do that and you will lose all your capital.
full member
Activity: 574
Merit: 104
March 18, 2018, 10:36:40 AM
#37
AI Blockchain and Data analytics and Block chain both the integration are upcoming in crypto coins space we can see atleast 100 coins in coming months
Ye, more and more AI. And we get kindergarten not sane AI. Is anyone of those projects present something valuable? May be we actually in dotcom era. And it will remain brilliant project only. But now it looks sad
newbie
Activity: 266
Merit: 0
March 18, 2018, 10:16:27 AM
#36
AI Blockchain and Data analytics and Block chain both the integration are upcoming in crypto coins space we can see atleast 100 coins in coming months
full member
Activity: 378
Merit: 101
March 18, 2018, 09:23:04 AM
#35
I'm not surprised. Too many AI project, too many medical project, too many "financial disrupting" project, too many privacy project. this is ICO world.
what important is we must choose the right ICO, most good project or most potential project
You forgot 'neural network' projects.
But I don't understand. If AI is such important trend why every team want to make own AI? It's impossible. What we get as results? Many moronic AI that can not make an independent step? Or something else dead from the beginning?
member
Activity: 311
Merit: 10
March 18, 2018, 04:41:02 AM
#34
AI now is trending topic also with Virtual reality and internet of thing, but I think just a small part of current ICO will survive processes to become a real company.
legendary
Activity: 2240
Merit: 1069
March 18, 2018, 02:46:25 AM
#33
Not all of those AI projects will prosper. Slowly they will die and maybe just one or two really good projects will survive. It is natural that there will be lots of projects towards ai because it is kind of the future. And competition will weed out the bad projects and make the good ones shine.
full member
Activity: 560
Merit: 217
March 18, 2018, 02:28:23 AM
#32
Yes i think ai will be hype for the next 5 years and blockchain as a back end for ai project will make ai strongest but blockchain need to be able to be more instant then today or faster. So ai can get better. With blockchain data for AI will be more secure but can not be faster yet then centralised system. More AI project can gives us positive effect which can make competition so developer will compete to serve and prove that they are the beat
jr. member
Activity: 148
Merit: 1
The stock photography revolution
March 18, 2018, 02:08:02 AM
#31
Interesting article on the topic:
Why you want blockchain-based AI, even if you don’t know it yet.
https://venturebeat.com/2017/12/23/why-you-want-blockchain-based-ai-even-if-you-dont-know-it-yet/
The AI in blockchain has many possible applications so many projects.
member
Activity: 286
Merit: 31
March 17, 2018, 09:49:19 PM
#30
There are too many ICOs at all, not just with AI;) Looks like they just found High Tech dictionary) "smart contract, decentralization, anonymity, AI, blockchain" in every post) No working product, monetization just hype and price speculation)  

Please dont try to invest in such kind of prject wothout working product.
There are some good ico which good team and has working produtct so with no worry we can invest in there.
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