Artificial Intelligence Set to Dominate Blockchain Operations, According to Veteran Crypto VC

According to veteran crypto investor Chris Burniske, artificial intelligence (AI) is poised to play a significant role in the crypto ecosystem. Becoming a substantial part of blockchain activity. 

Burniske, a partner at Placeholder Capital and former ARK Invest analyst, predicts that “AI agents” will eventually dominate crypto networks. Necessitating the distinction between human users and AI entities on each chain. He foresees astonishing growth in the crypto space fueled by AI. Suggesting that in the coming years, crypto network statistics might need to differentiate between monthly active users (MAUs) and monthly active machines (MAMs). While AI-linked crypto projects have seen healthy growth in 2023, Kaiko. A crypto intelligence firm, reported a recent downtick in trading volume for this subsector compared to other digital asset classes. Indicating a temporary loss of momentum.

Clever Robot News Desk 31th July 2023

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