Original | Odaily

Author | Golem

OpenAI will release a longest AI model capable of conversing and recognizing objects at 1 a.m. (UTC+8) on May 14, Google will showcase the latest AI tools and related product enhancements at Google I/O at 1 a.m. (UTC+8) on May 15, and Microsoft will focus on AI topics at the Build annual developer conference on May 21.

AI is the most popular narrative in all fields in 2024, and there will be a ripple effect, as early as February, when OpenAI launched its text-to-video model Sora, various AI concept altts have pumped. The AI tsunami in the tech industry in May may also trigger a pump in the encryption industry's AI concept alt coins.

In this article, Odaily will take stock of 10 AI concept altts that may be undervalued for your reference.

PALM（PaLM AI）

Concept: PALM AI is a longest second-generation AI solution powered by Google's suite of AI tools and innovative in-house algorithms. The project focuses on developing on-chain AI integration tools and AI applications that can be used in the real world, while also providing customized AI robotics solutions to meet the diverse needs of individuals, groups, businesses, and projects. PALM is the utility Token of PaLM AI, and holding PALM allows you to participate in the platform's revenue share.

Market capitalization: $73 million

GLQ（GraphLinq Chain）

Concept: GraphLinq is a no-code automation platform on the Blockchain, consisting of the GraphLinq chain and the GraphLinq protocol, designed to enable users to easily deploy and manage various automated processes without programming skills through the four protocols of IDE, App, Engine and Marketplace, while using built-in AI to help build dApps. The strategic round of financing was completed on March 15 with participation from DWF Labs, the exact amount of which was not disclosed. GLQ is the native Token of the GraphLinq chain and is used to pay gas fees in the Payment Network.

Market capitalization: $31 million

VMINT（VoluMint ）

Concept: VoluMint is an AI Automated Market Maker that seamlessly integrates with CEXs and DEXs and provides fully customizable market making solutions to support encryption projects. Its market-making solutions include accessible market-making bots, AI automated trading bots, decentralization, and unpredictable trading models. VMINT is a utility Token for VoluMint, and a percentage of VoluMint's revenue will be distributed to those who choose to stake Token, informing Token holders that they can also participate in project voting governance.

Market capitalization: $14 million

NAVI（Atlas Navi）

Concept: Atlas Navi is a navigation app that uses AI and smartphone cameras to find the fastest route to reach the destination for users by detecting road conditions, accidents, traffic in each lane, available parking spaces, police cars, and more to avoid problematic roads. At the same time, through the Drive to Earn economic model, users can earn NAVI Token rewards for using navigation. Atlas Navi received a $1.2 million grant from the European Union in 2019 to develop its technology.

Market capitalization: $11 million

CGPT（ChainGPT）

Concept: ChainGPT is a developer of AI solutions in the Web3 space, building various tools for users by integrating large language models (LLMs) with Blockchain. These include AI chatbots, AI NFT generators, AI news aggregation, AI trading assistants, automated smart contracts generation and auditing, and more. CGPT is ChainGPT is a utility Token, holders have the rights to participate in DAO voting, staking, free access to AI tools, Airdrops, etc.

Market capitalization: $110 million

AI（Sleepless AI）

Concept: Sleepless AI is an AI-based virtual companion game that leverages AIGC and LLMs to create rich story-based gameplay and interactions with the organic development of the characters. The project is currently working on three games, the first of which is HIM, a virtual boyfriend Otome game that has now been officially approved for Appstore listing in 150+ countries around the world.

Market capitalization: $153 million

GPU（Node AI）

Concept: Node AI is a Decentralization Platform that provides GPU and AI resource rental. Users can stake GPUs to obtain revenue sharing, and provide services such as AI Node leasing and GPU Computing Power lending.

Market capitalization: $121 million

ENQAI（enqAI）

Concept: enqAI is a Decentralization network of AI models, fully powered by a Decentralization network of GPUs Node. In this way, enqAI can make its models free of political and cultural bias and censorship-resistant. ENQAI is a Token reward issued by enqAI to the Nodes that support it.

Market capitalization: $48.6 million

EMC（Edge Matrix Computing）

Concept: EMC (Edge Matrix Computing) is a Decentralization AI Computing Power application network, and it is also a project of Depin+AI concept. EMC connects GPU Computing Power assets directly to AI applications and makes them available to developers and users in a cost-effective and convenient manner. EMC has closed two rounds of funding, led by Faculty Group and Flow Ventures, for an undisclosed amount.

Market capitalization: $30 million

AQTIS（AQTIS）

Concept: AQTIS is an intelligent Liquidity protocol powered by Quant-Tech and AI. Liquidity is provided by dApps built on top of AQTIS and is committed to making institutional-grade investment strategies accessible to ordinary users for consistent income and advanced trading.

Market capitalization: $12.6 million

Summary

Looking at the historical cycle of the encryption industry, the Bull Market generally lasts about 1.5 years after the Halving, and the alt season will start in a few weeks after the Halving. The concept of AI is undoubtedly one of the most hyped narratives, and combined with the hot news in the tech industry, it is worth laying out in advance.