What is CryptoGPT? How to Get GPT Coins?

With the growing popularity of the text-based artificial intelligence (AI) platform ChatGPT reviving interest in the underlying technology, CryptoGPT The recent launch of the (GPT) coin is a clear indication that a similar approach is spreading in the cryptocurrency industry as well.

Crypto trading platform Bitfinex has listed on March 8, “GPT, the native token of CryptoGPT, an Ethereum-based, layer 2 blockchain dedicated to developing Artificial Intelligence (AI) and decentralizing the AI ​​& data marketplace.” announced.

What is CryptoGPT?

According to the press release, “CryptoGPT describes itself as a crypto ecosystem for collecting data for AI development.” The altcoin aims to “give customers the opportunity to earn crypto to share their anonymized data using encrypted zero-knowledge proof technology.”

Koinfinans.com As we reported, the stock market said, “This is in manufacturing, biotechnology, education and other sectors. artificial intelligence It aims to preserve user anonymity while capturing the necessary data points to be used in building models.”

On top of that, the CryptoGPT ecosystem also aims to enable the creation of decentralized applications (dApps). When using these dApps, GPT tokens serve as payment for the data the network receives from users as well as ‘fuel’ transactions on the blockchain and liquidity events such as redemptions or burns.

Shortly after this announcement, other cryptocurrencies including PancakeSwap (CAKE), Bybit, Gate.io (GT), Uniswap (UNI), MEXC and Bitget (BGB), as the team behind the project highlighted on their official Twitter page on March 9. platforms joined the CryptoGPT listing frenzy.

GPT Token Price Analysis

According to data from CoinMarketCap, after listing on exchanges CryptoGPT price It rose over 30% to $0.04943, recording a 24-hour trading volume of $256 million and a market cap of approximately 14 million.

CryptoGPT data

You can follow the current price action here.


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