Grayscale Launches Decentralized AI Fund for Crypto Investments

As a seasoned researcher with extensive experience in the cryptocurrency and technology industries, I am thrilled about Grayscale’s latest investment product – the Decentralized AI Fund. Having closely followed the evolution of artificial intelligence (AI) and its potential applications in the blockchain space, I believe this fund represents an excellent opportunity for accredited investors to get in on the ground floor of a transformative technological trend.


The Grayscale Decentralized AI Fund is established for the purpose of investing in decentralized artificial intelligence projects within the realm of cryptocurrencies.

Excitedly announcing the debut of our latest private placement investment offering, Grayscale Decentralized AI Fund. Accessible only to qualified accredited investors. Investment may include assets such as $NEAR, $RNDR, $FIL, $LPT, and $TAO. For more details or personal consultation, refer to the disclosures or contact our team.— Grayscale (@Grayscale) July 17, 2024

Quarterly rebalancing is performed by The Grayscale Decentralized AI Fund LLC to bolster investments in artificial intelligence technologies within the cryptocurrency sector.

Starting from its launch, the fund has included decentralized AI companies such as Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR) in its holdings. Among these, Render and Near carry the largest stakes within the portfolio.

The fund will focus on financing projects in three main areas:

    Applications of decentralized AI, such as chatbots and generative pictures.
    Tackling issues with centralized AI, such as bot authentication, disinformation, and deep fakes.
    Infrastructure for artificial intelligence, including GPU processing, data storage, decentralized markets, and other services.

Rayhaneh Sharif-Askary, the Head of Product and Research at Grayscale, noted that since the company’s establishment in 2013, investors have identified attractive investments in groundbreaking technologies. She underlined that the introduction of the Grayscale Decentralized AI Fund allows individuals to invest in decentralized artificial intelligence during its initial stages.

Sharif-Askary emphasized that the use of blockchain technology in AI protocols aligns with the values of decentralization, accessibility, and transparency. The Grayscale team posits that these protocols can effectively address the inherent risks that come with the rapid advancement of artificial intelligence technology.

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2024-07-17 19:32