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What is AIT Protocol (AIT)?

AIT Protocol basic info

Name:AIT Protocol

Ticker:

AITBuy now

Introduction:

What Is AIT Protocol?

AIT Protocol is an AI data infrastructure platform focused on revolutionizing the data annotation and AI model training processes. Utilizing blockchain technology, AIT Protocol establishes a decentralized labor market that breaks through geographical boundaries, enabling a global workforce to contribute to AI development. This innovative approach leverages crypto-economics to ensure rapid, secure cross-national payment settlements, fostering a transparent and trustworthy environment.

The platform is designed to address the growing demand for high-quality structured data in AI applications, a market that surpassed a valuation of USD 200 billion in 2022. By integrating the "Train-to-Earn" model, AIT Protocol offers millions of data labelers their first foray into the Web3 world, allowing them to earn while enhancing AI models and contributing to cutting-edge solutions.

Resources

Official Documents: https://docs.ait.tech/

Official Website: https://aitprotocol.ai/

How Does AIT Protocol Work?

The AIT Protocol addresses two major challenges in the traditional data annotation process: inefficiency and high costs. By implementing solutions such as Human-In-The-Loop (HITL), a global Web3 workforce, streamlined onboarding, cross-border payments, and a permissionless marketplace, AIT significantly enhances the efficiency and reduces the costs associated with data annotation. These innovative strategies facilitate a more effective data processing framework, essential for developing accurate AI applications.

AIT’s decentralized marketplace harnesses the power of its global community to improve data annotation processes. Through the "Train-to-Earn" model, users can participate in the data labeling process, thereby earning cryptocurrency while aiding in the development of AI technologies. This not only incentivizes participation but also ensures a steady supply of accurately annotated data, which is crucial for the training of reliable AI systems.

Moreover, AIT introduces features like dataset-as-a-service (DaaS) and custom AI solutions, which provide structured, ready-to-use datasets and tailored AI services. This approach not only streamlines the development process for AI-driven applications but also integrates seamlessly with existing blockchain technologies, enhancing the overall efficacy and adoption of AI across different platforms.

What Is AIT Token?

AIT is the native and governance token of the AIT Protocol ecosystem, pivotal for operation within the platform's decentralized marketplace. With a fixed supply of one billion tokens, AIT functions as the currency for various transactions within the protocol, including paying for marketplace subscriptions, data processing, AI model rentals, and other services. The token's utility extends to enabling users to participate in governance decisions, influencing the development and refinement of the protocol’s features and services.

What Determines AIT Protocol’s Price?

The price of AIT Protocol (AIT) is primarily influenced by the basic economic principle of supply and demand, pivotal within the blockchain ecosystem. As more users adopt AIT for its Web3 data annotation services, demand for the token rises, potentially boosting its value. Market volatility, influenced by the latest news and developments in blockchain and Web3 technologies, also plays a crucial role. The responsiveness of AIT Protocol’s price to cryptocurrency trends and the latest developments reflects its integration within the dynamic blockchain market.

Further factors impacting the AIT token's valuation include cryptocurrency analysis and charts, which provide insights into market trends and potential future movements. Security concerns and cryptocurrency regulation also weigh heavily, as they directly affect investor confidence and market participation. As AIT Protocol continues to evolve, its alignment with the best crypto investment strategies for 2024 and beyond will be essential for sustaining and increasing its market presence and value.

For those interested in investing or trading AIT Protocol, one might wonder: Where to buy AIT? You can purchase AIT on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Current price:

$0.07327More price details

All-time high:$1.21

All-time low:$0.05184

AIT supply and tokenomics

Circulating supply:285,784,800 AIT

Total supply:297,604,759.68 AIT

Max supply:0 AIT

Market cap:$20.94M

Fully diluted market cap:$21.81M

Links

Website:https://aitprotocol.ai/

Whitepaper:https://github.com/ait-protocol/einstein-ait-prod

X:https://twitter.com/AITProtocol

GitHub:https://github.com/AITProtocol

Buy AIT Protocol for $1Buy AIT now

What is the development prospect and future value of AIT?

The market value of AIT currently stands at $20.94M, and its market ranking is #942. The value of AIT is not widely recognized by the market. When the bull market comes, the market value of AIT may have great growth potential.

As a new type of currency with innovative technology and unique use cases, AIT has broad market potential and significant room for development. The distinctiveness and appeal of AIT may attract the interest of specific groups, thereby driving up its market value.

What will the price of AIT be in 2025?

Based on AIT's historical price performance prediction model, the price of AIT is projected to reach $0.1273 in 2025.

What will the price of AIT be in 2030?

In 2030, the AIT price is expected to change by -5.00%. By the end of 2030, the AIT price is projected to reach $0.1902, with a cumulative ROI of +166.01%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of AIT and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

AIT price AIT price prediction AIT news

Is AIT worth investing or holding? How to buy AIT from a crypto exchange?

If you want to buy AIT, the following information may be helpful for your investment decisions:

In the last 7 days, the price of AIT has fallen by -26.71%, leading to negative returns for most AIT investors. The market is currently pessimistic about the price trend of AIT.

It is important to note that the current price of AIT has retreated by -93.93% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether AIT is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in AIT or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of AIT, if you want to buy or sell AIT, you can consider Bitget for your trading needs. The best place to buy AIT is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in AIT Protocol has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy AIT Protocol. Here's a step-by-step guide on how to buy AIT Protocol on Bitget.

Buy AIT now Coin buying guide

How to get AIT Protocol through other methods？

Using cash to buy AIT Protocol is not the only way to obtain AIT Protocol. If you have the time to spare, you can get AIT Protocol for free.

Learn how to earn AIT Protocol for free through the Learn2Earn promotion.

Earn free AIT Protocol by inviting friends to join Bitget's Assist2Earn promotion.

Receive free AIT Protocol airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to AIT Protocol through Bitget Convert, Bitget Swap, or spot trading.

What is AIT Protocol used for and how to use AIT Protocol?

The use case of AIT Protocol may expand as the crypto market and the project itself develop. Currently, you can use AIT to achieve the following goals:

Arbitrage by trading AIT: Since AIT is a frequently traded cryptocurrency, the price of AIT is always fluctuating. Earn more AIT by buying low and selling high on the exchange. Bitget spot market provides a variety of AIT trading pairs to fully meet your needs.

Earn by staking AIT: You can also generate income through financial management methods such as staking AIT or lending AIT. Bitget Earn offers a variety of financial products designed to help you earn more income from your AIT.

Send or pay AIT: If you want to give AIT to your friends, a charity, or a fundraiser, or you want to pay someone with AIT, you can quickly and easily send AIT to the recipient through their payment address.

You can also go to the official website of the AIT Protocol project to learn more about the use cases of AIT. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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