The growth experienced by the technological age has been unimaginable, with blockchain and artificial intelligence (AI) playing a huge part in recent times as the hype surrounding the emergence of AI becomes so much interest for many. Artificial intelligence and blockchain can bring so much growth and opportunities. Still, in the long run, many are skeptical of how the emergence of AI will affect so many daily activities and render some jobs irrelevant. Recently, there has been so much debate on how harnessing the ideas of artificial intelligence and blockchain technologies would bring extensive growth and opportunities to the blockchain space as its technologies aim to cut across Metaverse, gaming, and Non-fungible Tokens (NFT), and decentralized Identity. Let's focus on some of these AI tokens and how they have implemented some great ideas in the blockchain space.

If you've been with us since 2021, you probably remember our first announcements regarding the strategies to dominate the launchpad space in the previous bull. To recall it once more, it was (1) first upgrading our launchpad tier system and then (2) going full-deep into blockchain gaming while (3) being very aggressive with the number of launches we do per month. Six months later, Seedify was the launchpad with the highest average ROI per launch in an ocean of over 50 competitors. Our average ROI was as high as 44x per launch, and our market cap is 350 million $ . That was the first big run of Seedify and SFUND.

We are at the cusp of a paradigm shift. NFTs will revolutionize many industries, especially the creative industry/economy. By leveraging NFTs as a tool, it will now be possible to represent everything we see in our world in a digital form, doing so with a unique immutable identity attached to the blockchain. This will give rise to new business models underpinned by these latest technologies. Vincent Harrison (Owner at IV Gallery) Nickname: "NFT Moses", mastermind behind some of the most popular "drops" at Nifty Gateway with top artists such as Beeple Runs IV Gallery, one of the leading art galleries in the US based in Los Angeles and New York Pablo Rodriguez-Fraile (Founding Partner at Polybius Capital) Founding Partner at Polybius Capital, investment fund focused on the blockchain space, founder of Museum of Crypto Art, the most successful NFT museum of the metaverse.

If one has followed developments in the crypto verse for the past few years, they would have recognized the power of buzzwords. The simple act of adding "blockchain" to the description of a product in 2017 led to a spike in the company's valuation. Announcing an "ICO" about the same time, enabled pre-seed startups to raise sums previously accessible only to established companies with a track record of continuous delivery. Some projects went even further by combining buzzwords for maximum impact over an audience affected by a severe case of the FOMO (fear of missing out -- ed.n) virus. The irrational exuberance of the ICO craze saw projects combining blockchain with artificial intelligence, machine learning, IoT, Web 3, VR, and AR, fully-capitalizing on the appeal of the Fourth Industrial Revolution narrative.

We officially started dGen a little over a year ago now. It has been an incredible year in so many ways, and I'm proud of what our team has achieved so far. Of course, there's a lot to be improved upon and many avenues yet to be explored. And on that topic of exploration, I want to discuss what's coming next for dGen and our direction for year two. Thus far with dGen, we've had a heavy focus on the blockchain space.

Whether it's artificial intelligence (AI), machine learning, robotic process automation or the blockchain protocol, emerging technologies are moving at an incredible pace. However, these emerging technologies are still functioning in a somewhat fragmented nature – especially in the cryptocurrency and blockchain technology arena. Recognizing the need to utilize these emerging technologies within the future of decentralization, MATRIX AI Network has built an innovative blockchain protocol that embraces the many benefits of AI and machine learning. One of the overarching concerns of the blockchain space is the amount of energy required to keep networks operational 24/7. In fact, with 90% of Bitcoin mining costs attributable to energy consumption, the platform required a whopping 30 terrawatt hours of electricity in 2017 alone.

Government shutdown or not, plaintiffs' lawyers haven't stopped filing new crypto lawsuits. This week we look at three new complaints, one involving lost crypto and a demand for a fork (the software kind), another that says that pre-sold mining hardware contracts were actually securities, and last but not least artificial intelligence on the blockchain (but not so much, it turns out). Disclaimer: These summaries are provided for educational purposes only by Nelson Rosario [twitter: @nelsonmrosario] and Stephen Palley [twitter: @stephendpalley]. They are not legal advice. These are our opinions only, aren't authorized by any past, present or future client or employer.

Recently at the Delta Summit, the Prime Minister of Malta, Joseph Muscat spoke about the blockchain technology and the need for governments to understand the need for regulation. He also mentioned that Artificial Intelligence and best-in-class regulatory framework were the areas that were next in focus for the Malta government. The Prime Minister stated that the Artificial Intelligence technology can be beneficial to the blockchain industry. "We are sure that with AI we can replicate and improve what we are doing now here with blockchain." Joseph stated that they were moving away from a business model based on "decentralization of data."