with the presence of AI that seems about to bring revolution towards how the entire worlds works, I think the cryptocurrency space should take advantage of that fact, I think AI will be trendsetter of the new cryptocurrency bullruns if there's many project invested in developing the AI technology but it seems right now there's lacking of such AI projects therefore I guess it will just stick with smart contract like usually.
What you say makes sense. There is a clear new hype being drawn involving AIs of the most diversified niches of the society. Of course not only legit AI developers are going to take advantage of this hype, but also the scammy ones who must launch the usual fake projects promising top notch AIs for different purposes, aiming to solve and facilitate every our daily tasks and needs.
Yesterday I saw there was a warning here in bitcointalk telling people to be careful with AI altcoins investments, because a scam project claimed to be selling tokens in the name of "OpenAI" company and after all it had nothing to do with the legit AI brand.
Learn from my mistake, these people aren't playingAI will indeed be the next one to be exploited by developers as well as fraudsters.
So yes, definitely we should be very cautious in getting involve with new AI projects.
If you are serious about investing on this project, why not dedicate some of your time to understand and dig more about the project?
No one can do it for you but yourself only. Though some may expose the irregularities or publish some warnings, however,
the work is still on you. It is your money, so it is only right to know where you are putting your money into.