The Internet Computer Protocol is the AI project running on-chain.
ICP was delisted from the AI token category on CoinGecko. This event happened with CoinMarketCap too but was later on rectified.
We are unsure why this decision was taken, however, the purpose of this post is to invite CoinGecko to reconsider their choice.
ICP is the only protocol with proven capabilities of hosting AI models on-chain.
In an article published on August 28, 2024, on Cointelegraph by Stephen Katte, it was confirmed that DecideAI ran a GPT-2 model successfully on the Internet Computer blockchain.
The article stated:
“The firm said putting the model on-chain was “a crucial stepping stone toward more sophisticated on-chain AI models” and speculated future models could assist in areas like healthcare, analyzing patient data, and recommending treatments.”
Other platforms and cryptocurrency news outlets have highlighted this achievement.
Aicoin.com reported a few months ago:
“DecideAI, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully on-chain via the Internet Computer (ICP) blockchain.”
A comprehensive article on HackerNoon outlines, in detail, how the ICP’s on-chain AI support was achieved.
Yahoo.com in a top 5 AI-driven token puts ICP in the second spot and declares:
“Internet Computer (ICP) is an AI-driven crypto project that aims to expand the internet’s capabilities by offering a decentralized cloud computing platform. It allows developers to create scalable, secure, and fast dApps without using traditional servers. ICP’s blockchain network supports building various online systems and services, such as social media platforms and apps.”
Dominic Williams even demonstrated in a YouTube video and a follow-up article the AI running on the blockchain.
We have previously addressed this topic outlining the key features that establish ICP as an AI project and explaining why it should be reinstated within the AI narrative category:
- ICP has already demonstrated its ability to host sophisticated AI models, like GPT-2, completely on-chain, which distinguishes it from other platforms. This achievement is a fact, not speculative, showcasing ICP’s unique on-chain AI capabilities.
- ICP’s blockchain supports the execution of complex AI computations within smart contracts, offering robust computational resources that are key for AI applications. Furthermore, future updates plan to integrate hardware such as GPUs to further boost AI performance.
- By leveraging canisters, which are computational units designed to execute smart contracts on-chain, ICP hosts AI models in a decentralized manner. This architecture ensures AI operations are tamper-proof, secure, and transparent, providing a trusted environment for running AI applications.
- ICP is focused on optimizing AI inference engines and integrating specialized GPU nodes, laying the groundwork for decentralized AI. They are also developing AI-specialized subnets to improve the efficiency and scalability of AI models on the blockchain, helping to ensure their success and accessibility for all users.
We want a rectification done by CoinGecko because ICP is the de facto protocol that can host AI on-chain, therefore we invite them to relist it on their webpage.
Thank you for reading!