In past few months, I heard a lot about "AI coins" and I couldn't understand them correctly.
As far as I know, they are a very special form of utility token right? So what is their actual purpose? The holder can spend them on AI services? or they're just a way of finding investment or funds for AI projects? or both?
For specific projects (ChainGPT for example) I know that I can go with the whitepaper, but currently I just got a little confused about what makes them different from other utility tokens?
Regards.
M. H.
I've been curious about AI coins too! The way I get it, most AI coins are like small tokens you use on platforms that do neat AI things like checking out data, whipping up stuff like articles or running clever computer programs. You can pay for things on those platforms with the coins and they also help the project grow by getting more people to join. What makes them stand from other tokens is that they're all about AI and the fun things those platforms can do.