One thing about crypto projects is that they grow well during the time of hype, but once that hype has faded up, the project does find it difficult to survive again.
AI projects gained recognition early this year, and we diverted our attention to the AI tokens which started doing well until the trend went down, and now most of the projects some of us invested in thinking they would do well anytime soon, are going down every day, maybe they can recover if the trend comes back, or some strong once among the projects will recover once Bitcoin price rise or maybe when we enter the bull run.
That's the problem with crypto that have little to no use case, most of AI coin just trying to profit from the trend, I can be sure that majority of them don't even really trying to build something that actually worthy but trying to inflate the valuation of their token.
but the project itself really nothing more than just copycats of the already existing AI created by private company with massive funding from corporations.
if a web3 project trying to build web3 based AI, they should create their own blockchain that facilitate AI usage, not just deploying some random token on random blockchain and call it a day.
even right now I would be hesitant to invest in AI.