Alethea – The Cheap Token
Today I want to take you through Alethea AI.
I know you are looking for a cheap AI crypto token to invest in but you get confused somewhere and get stuck. Yes, it’s a bit confusing especially if you are new in crypto to spot the right crypto investment opportunity.
See I have been in crypto for over 7 years but I also sometimes get confused on understanding some technologies . To be honest there is no extreme expert here . We learn everyday and educate ourselves by staying in the know.
Am looking at Alethea AI coin happening and doing wonders in the industry. Could this be the next huge AI crypto GEM? Let’s find out on today’s article
Things not to miss in this article
1. Price history and token performance
2. What is Alethea AI?
3. Does Alethea AI solve any problem?
4. Price Prediction of Alethea AI by 2030
5. My Deductions on Alethea AI
Alethea AI Token Performance on markets
As of today this token is priced at 0.01$ this is why I say it’s one of the cheapest Ai crypto currencies, trust me at 0.01$ if the token has potential this could be the smallest price you could buy the tokens and keep accumulating overtime.
Alethea at 0.01$ it has a market cap of $63 Millions which makes it really a tiny coin. In my own view all coins with less than $200millions cap are really small and still have room for growth and development.
Alethea with $63 millions cap still has a low cap and can still explode to billions with time .
This Token has a total supply of 9.8Billion coins and our of these 6.18Billions are in circulation.
My honest Review on The circulation supply.
In my own opinion I think 6.18 billion coins in circulation is a lot and this could take time to see a significant growth of Alethea AI Token.
The growth could happen but on a less speed than you could be having in mind. Unless Alethea AI puts heavy staking programs and burning functionalities of the token.
In my own experience, it has shown that as the crypto market has grown , investors have a lot of projects that take there attention and there to have thousands of people to take up all these coins on markets to cause an impact on the price could he a very hard job.
Previously this token has ever hit it’s ATH price of 0.19$ and this was April 2022.
When I checked on Ether scan it shows that there are over 14500 holders of this token. Which is realistically a good number. But then compared to the Total supply. I have a strong feeling that Alethea can do better and even attract over a million holders .
Am also loving the fact that on coin market cap it’s ranked in the top 500 crypto tokens this helps it get into the eyes of investors and easily get discovered.
What is Alethea AI Mission and what makes it unique.
Alethea AI aims at building the biggest intelligent Metaverse called Noah’s Ark where developers can create, train and earn from their iNFTs in the first Intelligent Metaverse in the world. (Noah’s Ark) This kind of world is ruled by iNfts ( intelligent NFTs)
iNFT (intelligent NFT) are just AI-powered digital assets with a blockchain-based ownership system that generate a unique digital item associated with its NFT by utilizing artificial intelligence.
Alethea adopts a decentralized and permissionless protocol
The project has garnered support from influential entities in the crypto industry
The emergence of powerful large language models like ChatGPT, Google’s Bard, and Microsoft’s Bing, among others, points to a massive shift in creative possibilities. These models possess an ability to understand, interpret, and generate text. Stable Diffusion, DALL-E 2, and MidJourney can turn textual descriptions into detailed images. Together, these AI advancements have set the stage for immersive storytelling and interactive user experiences.
Alethea AI is one such pioneering advancement in the field of AI, competing with text-to-image models albeit in a three-dimensional form on the blockchain.
This Alethea AI review explores the company’s impact in this realm, delving into the blend of AI and creativity, and how it aims to shape the future of content creation.
Alethea AI Summary:
Alethea AI is a decentralized artificial intelligence network that allows users to create AI-generated content, such as avatars and digital art, and verify the authenticity and origin of the content through blockchain technology.
Year Founded 2020
Headquarters Singapore
Native Token ALI
Total Funding $31.4 million
The Key Features of Alethea AI Are:
Intelligent NFTs (NFTs, but better)
iNFT Protocol
CharacterGPT
AI Protocol
DApps
Alethea AI is building a progressively decentralized and permissionless protocol that enables the creation of AI assets, characters, and DApps, governed by its community.
Alethea is a Decentralized Network That Allows Users to Create AI-Generated Content. Image via Alethea AI
A significant challenge arises in integrating AI models within the current decentralized infrastructure due to hardware limitations. This hurdle often results in AI-crypto projects having centralized elements.
Alethea AI bridges this gap. Instead of burdening decentralized networks with AI computations, the company takes a unique approach.
It keeps AI processing off-chain while harnessing the power of smart contracts on the Ethereum blockchain to support its protocol layer, a foundation crucial for the creation of iNFTs (more on that later. A LOT more).
Alethea AI’s vision is to preserve and evolve human culture, stories, and collective intelligence. How does it plan to go about it? By combining AI-generated personalities with NFTs to craft intelligent NFT avatars.
These entities serve a dual purpose: they not only act as guardians of the cultures that inspired their creation but also offer people an opportunity to delve deep into collective intelligence as they interact with these imaginative and self-sufficient iNFTs.
The company is backed by some big names in the crypto industry, including Binance, Polygon and Crypto.com. In January 2023, Alethea debuted its generative AI prowess on the Polygon blockchain.
Two other examples of AI-blockchain projects include SingularityNET and Fetch.AI.
Who founded Alethea AI?
Arif Khan is the founder of Alethea AI and currently serves as its CEO.
His resume includes working as chief marketing officer at SingularityNET, a decentralized marketplace for artificial intelligence. Khan has also worked as an account director of emerging markets at LinkedIn, where he led cross-functional projects in enterprise sales and product marketing.
Intelligent NFTs
What do you get when you combine non-fungible tokens with the power of artificial intelligence? iNFTs.
What are iNFTs.
Intelligent NFTs Mark an Evolution of Otherwise Mundane NFTs.
Alethea AI is the pioneer of intelligent non-fungible tokens, or iNFTs. For the uninitiated, NFTs are unique digital assets that are verified using blockchain technology.
They are often used to represent digital art and collectables. Wouldn’t it be cool if NFTs were not merely static assets but intelligent entities capable of learning, evolving, and interacting with their environment?
Alethea AI Price Prediction for 2030
With over 7 years in Crypto I can authoritatively say that Alethea AI future is bright.
No one can guarantee that by 2030 the price will be 1$ or 4$ or whatsoever because the markets could change, including situations and bring another thing else.
Its also possible for Alethea to change it’s working model and bring burning systems or other programs that can make the token highly demandable and cause a high significant value that expected.
Its important here to understand the concept of Alethea AI and fall in love with the infrastructures being built and invest in what your heart has understood.
Alethea mission and Vision is still alive and further developments could surprise everyone.
Do you want more articles about Alethea or interviews with Alethea founders?
Let me know and I will do the needful
I hope you have enjoyed this article and you have got some value after reading it