CryptoGPT, a zero knowledge (ZK) layer 2 blockchain, is attempting to latch on to the success of artificial intelligence (AI) and ChatGPT by issuing its own token.
The token, which will be traded under the ticker GPT, will be listed on crypto exchanges Bitfinex, Bybit, Bitget and others on Friday at 11:00 UTC (6 a.m. ET).
The project claims that users will be able to earn money by monetizing their data across fitness, dating, gaming and education, a notion it has branded "AI2Learn."
It will also roll out a series of non-fungible tokens (NFT) that store an owner's activity data. The company claims to have two million users in its ecosystem, according to its website. This claim could not be verified by CoinDesk.
The artificial intelligence sector is booming following an increase in public interest, with Google searches for "artificial intelligence" having risen by 300% since the start of 2021 according to Google Trends.
Crypto tokens using AI technology have surged since the start of the year, outperforming the likes of bitcoin and ethereum as investors attempt to capitalize on the latest trend.
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