{"id":20875,"date":"2024-07-18T14:17:05","date_gmt":"2024-07-18T14:17:05","guid":{"rendered":"https:\/\/buycrypt.com\/blog\/?p=20875"},"modified":"2026-07-14T15:51:13","modified_gmt":"2026-07-14T15:51:13","slug":"grayscale-launches-new-fund-targeting-decentralized-ai-protocols","status":"publish","type":"post","link":"https:\/\/buycrypt.com\/blog\/en\/grayscale-launches-new-fund-targeting-decentralized-ai-protocols\/","title":{"rendered":"Grayscale Launches New Fund Targeting Decentralized AI Protocols"},"content":{"rendered":"<p><em><strong>Grayscale Decentralized AI Fund offers early investment in blockchain-based AI protocols, while simultaneously addressing deep fakes, misinformation, and bot authentication challenges.<\/strong><\/em><\/p>\n<p>The prominent crypto asset manager announced the launch of the Grayscale Decentralized AI Fund LLC on July 17th, which aims to offer investors exposure to protocols in the rapidly evolving artificial intelligence sector within the crypto ecosystem.<\/p>\n<p>The fund will rebalance quarterly and currently features a basket of decentralized artificial intelligence (AI) crypto protocols, such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).<\/p>\n<h2>Grayscale\u2019s New Decentralized AI Fund<\/h2>\n<p>Grayscale\u2019s Head of Product &amp; Research, Rayhaneh Sharif-Askary, highlighted that the latest launch of the Grayscale Decentralized AI Fund will provide an opportunity to invest in Decentralized AI at its earliest phase. The exec went on to add that,<\/p>\n<p><em>\u201cThe blockchain-based AI protocols embody the principles of decentralization, accessibility, and transparency, and the Grayscale team feels strongly that these protocols can help mitigate the fundamental risks emerging alongside the proliferation of AI technology.\u201d<\/em><\/p>\n<p>The fund will target financing projects in three key areas: the development of chatbots, generative images, and other decentralized AI applications; tackling issues associated with centralized AI, such as deep fakes, misinformation, and authenticity checks against bots; and supporting AI-related infrastructure, including GPU computation, data storage, decentralized marketplaces, and various other services.<\/p>\n<h2>Centralization Risks in AI<\/h2>\n<p>In its official press release, Grayscale noted that the motivation behind the debut of the fund is the fact that artificial intelligence is largely centralized to a handful of notable companies that are core to driving the technology\u2019s development and mainstream adoption.<\/p>\n<p>In response to the continued technological advancements and practical needs, several decentralized AI companies or protocols have surfaced which are designed to utilize the full potential of AI technology.<\/p>\n<p>The asset manager pointed out that these entities also address some of the limitations and risks associated with centralization. These decentralized AI initiatives, which utilize blockchain technology to distribute ownership and governance, provide unrestricted access to AI technologies and improve transparency.<\/p>\n<p>Source: www.cryptopotato.com<\/p>\n<p><!-- related-seo --><\/p>\n<div class=\"related-seo\">\n<h3>Related articles<\/h3>\n<ul>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/nvidia-blackrock-xai-microsoft-and-mgx-form-an-ai-alliance-while-eos-blockchain-prepares-for-rebranding\/\">Nvidia, BlackRock, xAI, Microsoft, and MGX Form an AI Alliance, While EOS Blockchain Prepares for Rebranding<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/top-ai-cryptocurrencies-to-put-on-your-watchlist-this-month\/\">Top AI Cryptocurrencies to Put on Your Watchlist This Month<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/bank-issued-stablecoin-tokenized-stocks-and-ai-generated-videos\/\">Bank-Issued Stablecoin, Tokenized Stocks, and AI-Generated Videos<\/a><\/li>\n<\/ul>\n<\/div>\n<p><!-- \/related-seo --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale has launched a new fund focused on decentralized AI protocols, providing investors with access to the fast-growing AI crypto sector.<\/p>\n","protected":false},"author":1,"featured_media":20887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"Grayscale Launches New Fund for Decentralized AI Protocols","rank_math_description":"Discover Grayscale's new fund offering early investment in blockchain-based AI protocols, tackling deepfakes and misinformation. Read more now!","rank_math_focus_keyword":"Grayscale AI fund","_forpost_external_id":"","_seorun_article_id":"","footnotes":""},"categories":[424,369],"tags":[10362,8931,2648,10365,3823],"class_list":["post-20875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-birzhi-en","category-news-en","tag-ai-fund","tag-blockchain","tag-crypto","tag-decentralized","tag-grayscale","resize-featured-image"],"lang":"en","translations":{"en":20875,"uk":20876,"ru":20877},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/20875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/comments?post=20875"}],"version-history":[{"count":3,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/20875\/revisions"}],"predecessor-version":[{"id":47626,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/20875\/revisions\/47626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media\/20887"}],"wp:attachment":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media?parent=20875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/categories?post=20875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/tags?post=20875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}