Grayscale spotlights three crypto projects monetizing AI infrastructure

On October 22 the token $PEARL had risen 580 % over three months. The next day Grayscale singled it out, along with $DATA Network and USD.AI, as examples of blockchain ventures tapping into AI demand. Research head Zach Pandl cautioned that lasting relevance will hinge on adoption and economic viability.

$PEARL lets GPU owners run AI workloads while securing the network through Proof-of-Work. $DATA Network crowdsources training data from individuals and on October 12 said it would migrate its protocol to the Sui blockchain with Walrus storage. USD.AI offers loans backed by GPUs, financing up to 80 % of hardware costs.

Capital is already flowing: in August exchange Bullish extended a $100 million credit line to USD.AI. The approach could speed up access to compute power, yet still carries default and hardware-price risks.

Based on information from cryptonews.net