The meme tide is ebbing, the AI sector tokens are relaying, is the copycat season coming?

Affected by the announcement of the NVIDIA GTC24 conference agenda last night, the prices of multiple crypto AI projects and AI concept coins that announced their participation in GTC24 have risen sharply, among which NEAR, FET, and RNDR , GPT, NMT and other projects have increased by more than 20%.

Related reading: "20 times increase in one weekend, the AI Summer of the crypto market is coming》

NVIDIA GTC "GPU Technology Conference" The 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. BlockBeats has taken stock of the projects that will be participating in the encryption field at this conference, for reference only.

Which encryption projects will participate in the conference?

Near

Last night, NEAR Protocol co-founder Illia Polosukhin announced that he would be attending the GTC24 conference During the period, he attended the "Transforming AI" keynote speech and panel discussion on March 20. 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" This groundbreaking paper 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.

The Transformer neural network architecture was proposed in the paper "Attention is all you need" released in the second half of 2017, 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 issued an article in February 2023 stating that NEAR can serve as infrastructure to support next-generation AI use cases. The network creates a value layer for setting rules and data pricing, which is different from Applications and protocols can leverage this 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.

As of writing, the price of NEAR is $5.76, a 24-hour increase of 41%.

Render

Jules Urbach, founder of Render Network, the world's first distributed GPU rendering network on the blockchain, will be on hand during the GTC24 conference on Wednesday, March 20th at 3:00 pm - pm 3:50 (PDT) with "The Future of Rendering: Real-Time Ray Tracing, AI, Holographic Displays, and the Blockchain" as the Give a speech on the topic.

Jules Urbach is also the co-founder and CEO of cloud rendering company OTOY, which has been at the forefront of rendering software for more than a decade. 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.

Related reading: "Multicoin Capital: Why should we lead the investment in Render Network? 》

Jules Urbach got into crypto because he had a metaverse vision, and in order to build that metaverse, he relied solely on content creation tools And the rendering engine is 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.

The Render Network was launched in 2017 to take advantage of 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.

As of writing, the price of RNDR is $9.94, a 24-hour increase of 47%.

You can participate by paying money ?

In addition to the above two projects, there are many AI track projects that have stated that they will also participate in the NVIDIA GTC24 conference. However, these projects only need to purchase tickets to participate in this conference. However, it has not been announced that any activities will be held or participated in 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 )

NetMind.AI, which specializes in GPU sharing business, 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 rose above $12. As of writing, the price of NMT was $12.14, a 24-hour increase of 27.5%.

Node AI (GPU)

GPU rental project Node AI announced its participation in the NVIDIA GTC24 conference. Prior to this, Node AI updated its roadmap, saying that it will introduce customization for cross-node task distribution. L1 blockchain.

As of writing, GPU price is $1.25, up 1% in 24 hours.

MineAI

Calculate The human resources and GPU sharing project MineAI announced that it will participate in the NVIDIA GTC24 conference from March 19th to 21st, when it will discuss various details about the project and future prospects with MAI holders.

As of writing, the MAI price is $0.037, a 24-hour increase of 217%.

QnA3.AI (GPT )

AI-driven Web3 knowledge sharing 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.

As of writing, the price of GPT is $0.68, a 24-hour increase of 8%.

AI and DePIN have always been This year’s top 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.

Related reading: "When AI meets DePIN, it may be the main value narrative that drives this bull market.》

Nvidia’s annual AI 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.

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群：https://t.me/theblockbeats

Telegram 交流群：https://t.me/BlockBeats_App

Twitter 官方账号：https://twitter.com/BlockBeatsAsia