Altered State Machine: Tokenized AI

DEC 14, 2021 • 7 Min Read

Tom Shaughnessy + 1 other

DISCLOSURE: DELPHI VENTURES HAS INVESTED IN ALTERED STATE MACHINE. THIS STATEMENT IS INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.

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Additional Resource: Delphi interviewed ASM co-founders Aaron and David on our podcast in October 2021. You can review our full conversation here.

In the past year, there has been a huge proliferation of NFT projects. The majority of projects fall under the category of collectibles and ‘PFP’ projects, attempting to ride upon the success of CryptoPunks and Bored Apes. Most of these PFPs consist of a static image with a list of rarity traits and have no inherent utility, relying on speculative hype and a fleeting ‘community’. Many tout a roadmap of building out a metaverse or game in order to bring utility to the NFT, however, executing on this is far easier said than done.

Hence at Delphi, we are excited when we find a project that pushes the boundaries of technology and NFTs. Today, we are in the midst of an AI revolution that will transform almost everything we do in the future. In the context of web 3, AI has many interesting use cases, such as financi

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Tom Shaughnessy + 1 other