{"id":34401,"date":"2024-07-17T15:55:42","date_gmt":"2024-07-17T15:55:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/grayscale-launches-grayscale-decentralized-ai-fund\/"},"modified":"2024-07-17T15:55:42","modified_gmt":"2024-07-17T15:55:42","slug":"grayscale-launches-grayscale-decentralized-ai-fund","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/grayscale-launches-grayscale-decentralized-ai-fund\/","title":{"rendered":"Grayscale launches Grayscale Decentralized AI Fund"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1673970812637-cd4879fc-b3c5-4a74-a6a3-5b187733a723-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1673970812637-cd4879fc-b3c5-4a74-a6a3-5b187733a723-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1673970812637-cd4879fc-b3c5-4a74-a6a3-5b187733a723-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1673970812637-cd4879fc-b3c5-4a74-a6a3-5b187733a723-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Grayscale announced the launch of the Grayscale Decentralized AI Fund LLC on Wednesday, July 17.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The fund will initially have Near Protocol (NEAR), Filecoin (FIL), Bittensor (TAO), Livepeer (LPT) and Render (RNDR).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/news\/tag\/grayscale\/\">Grayscale<\/a> has officially launched the Grayscale Decentralized AI Fund that will offer exposure to top cryptocurrencies in the artificial intelligence (<a href=\"https:\/\/coinjournal.net\/news\/tag\/ai\/\">AI<\/a>) sector.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The fund will focus On AI areas such as chatbots and image generation, data storage, GPU computation and 3D rendering among others.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">NEAR, RNDR and TAO among initial fund tokens<\/span><\/h2>\n<p><span style=\"font-weight: 400\"> Grayscale <a href=\"https:\/\/www.globenewswire.com\/news-release\/2024\/07\/17\/2914647\/0\/en\/Grayscale-Investments-Launches-New-Decentralized-AI-Fund.html\" target=\"_blank\" rel=\"noopener\">announced<\/a> the initial crypto investments will be Near Protocol (NEAR) at 32.99%, Filecoin (FIL) 30.59%, Bittensor (TAO) 2.92%, Livepeer (LPT), 8.64% and Render (RNDR) 24.86%. Grayscale will rebalance the new fund quarterly.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cThe rise of disruptive technologies has created compelling opportunities for Grayscale\u2019s investors since our 2013 inception, and we believe the launch of the Grayscale Decentralized AI Fund provides an opportunity to invest in Decentralized AI at its earliest phase,\u201d Rayhaneh Sharif-Askary, Grayscale\u2019s head of product &amp; research, said.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Sharif-Askary, these AI-related protocols bring to the fore the key principles of decentralization, accessibility, and transparency. Given these features, the protocols have the potential to help mitigate fundamental risks that are likely to emerge as the world grapples with the proliferation of artificial intelligence technology.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Grayscale\u2019s AI Fund will be available to eligible accredited investors only.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The AI crypto ecosystem is currently a $30 billion market that has other top AI tokens as the Internet Computer (ICP), Artificial Superintelligence Alliance (FET), and The Graph (GRT).<\/span><\/p>\n<p><span style=\"font-weight: 400\">Akash Network (AKT) and AIOZ Network (AIOZ) also fall into this category of AI-focused crypto projects.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/grayscale-launches-grayscale-decentralized-ai-fund\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Grayscale announced the launch of the Grayscale Decentralized AI Fund LLC on Wednesday, July 17. The fund will initially have Near Protocol (NEAR), Filecoin (FIL), Bittensor (TAO), Livepeer (LPT) and Render (RNDR). Grayscale has officially launched the Grayscale Decentralized AI Fund [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":34402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/34401"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=34401"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/34401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/34402"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=34401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=34401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=34401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}