- Bitget Wallet integrates Grass AI.
- Users can earn from unused bandwidth.
- Grass helps train AI models.
The crypto and artificial intelligence (AI) industries are increasingly collaborating. Blockchain’s trustless nature complements AI’s power. At the same time, crypto offers a new way for AI startups to raise money and gain users.
Most recently, Bitget Wallet was integrated with an AI data protocol called Grass. The integration will allow users to earn by sharing their unused internet bandwidth. This processing power will then power the training of AI models.
Bitget Wallet Joins Grass to Give AI-Driven Rewards
Crypto companies are finding new ways to integrate AI into their products. On Thursday, October 3, Bitget Wallet announced its integration with Grass, a protocol that enables users to share their unused data to get rewards.
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Grass uses this bandwidth to collect data from public websites, which it then sells to AI models for training. This way, users can earn rewards from the bandwidth they are already paying for while also contributing to training AI models.
Using this function in the Bitget Wallet is straightforward. Users can launch Grass through the wallet’s DApp section on mobile and in the browser. Grass also assures its users that the app is secure, so users can contribute data without worrying about data breaches.
AI and Crypto Coming Together
AI and crypto technologies have the potential to complement each other. For instance, blockchain’s open and decentralized nature can help avoid the centralization of AI power in the hands of a few businesses.
On the other hand, like in the case of Bitget Wallet and Grass, crypto offers new business models for AI startups. There’s also the rise of AI-focused crypto projects, including SingularityNET, Fetch.ai and Ocean Protocol. Notably, these projects are coming together to create the Artificial Superintelligence Alliance (ASI) token.
Blockchain can also help combat many of the risks that come from AI. For example, Worldcoin’s real ID system enables protocols to combat the rise of AI bots and deepfakes. With AI bots becoming more difficult to distinguish from real humans, blockchain-based verification systems will become increasingly important.
On the Flipside
- Artificial intelligence can impact crypto both positively and negatively. For example, scammers already use AI deepfakes to promote fake crypto projects.
- Monetizing unused bandwidth creates potential sustainability issues for carriers. If everyone used 100% of their available internet data, carriers would likely have to up their prices, negating the earning potential for users.
Why This Matters
The integration of AI with crypto presents new opportunities for both technologies. The crypto industry can leverage AI’s multiple use cases by enabling new business models for AI startups.
Read more about how AI is shaping crypto:
AI Companion Apps Are Taking Off, But Experts Cite Risks
Read more about risks coming from North Korea:
How North Korean IT Workers Secretly Infiltrate Crypto Firms
