Are you ready to invest in the Grayscale AI Fund's tokens?

[Lucius]

~snip~
GrayScale is simply introducing a financial product for their customers to participate in, we may not participate but we cannot oppose or condemn them.

Why can't we do that? If I personally think that something is pointless and bad, then I guess I have the right to say so (at least online) without fear that they will persecute me because of it.

I publicly wrote that Do Kwon and his project is something that will fail, just as Sam Bankman is incapable of running a small local store, let alone an international company. Tokens that have "AI" in their name are just selling false promises, no matter who is behind it.

[bitmover]

~snip~
GrayScale is simply introducing a financial product for their customers to participate in, we may not participate but we cannot oppose or condemn them.

Why can't we do that? If I personally think that something is pointless and bad, then I guess I have the right to say so (at least online) without fear that they will persecute me because of it.

I publicly wrote that Do Kwon and his project is something that will fail, just as Sam Bankman is incapable of running a small local store, let alone an international company. Tokens that have "AI" in their name are just selling false promises, no matter who is behind it.

I think just not buying it is the same as opposing or condemning it... if nobody buys, they probably shut it down

[Stompix]

~
I think just not buying it is the same as opposing or condemning it... if nobody buys, they probably shut it down

I don't think that worked too well with other things and even if you scream from all your lungs that it's going to end badly you won't still be able to prevent even a slight part of the ones tempted by the fomo of the next best thing.
But at the same time, it's a free world, if you don't like something you must still be allowed to say it out loud.

[Lucius]

~snip~
But at the same time, it's a free world, if you don't like something you must still be allowed to say it out loud.

I wouldn't speak publicly against such companies if I lived in the US, there are laws that protect companies in some really strange way, although the laws probably depend on the individual federal state. I always remember one case about a documentary that dealt with food poisoning in the US, where a girl died from eating contaminated meat, and when the parents went public with it, the same company sued them, because by law they (the parents) are not allowed to damage their reputation in that way.

I think just not buying it is the same as opposing or condemning it... if nobody buys, they probably shut it down

It's a very effective way, but people have been pretty convinced that everything related to AI has a bright future, so it remains to be seen how many fish will be caught on this AI hook. If it doesn't work, they will invent something new - because cryptocurrencies are obviously an inexhaustible source of ideas that can be sold very well.

[KryptoBull]

Why can't we do that? If I personally think that something is pointless and bad, then I guess I have the right to say so (at least online) without fear that they will persecute me because of it.

I publicly wrote that Do Kwon and his project is something that will fail, just as Sam Bankman is incapable of running a small local store, let alone an international company. Tokens that have "AI" in their name are just selling false promises, no matter who is behind it.

GrayScale is just an asset management company, and they can provide the necessary services to customers. The AI trend is developing in the market and also provides a few services related to AI training or selling AI services to businesses, and AI Fund may still attract investor money. If this is legal, it will continue to exist and GrayScale will still have many customers and revenue.

We have seen many loopholes in the business model and statements of Do Kwon (Terra) or Sam B.F. (FTX), I will wait for more detailed comments on the problems with GrayScale's AI Fund before making a judgment about its future. The AI trend may be overhyped in the crypto market but I believe good projects still exist and bring value to AI.

[akeemqaz]

Seeing Grayscale and AI already caught my attention for these projects. I think they're worth investing in, and there's no need to be afraid of how or what their future will be. They are backed by a multibillion-dollar company.

[Stompix]

~snip~
But at the same time, it's a free world, if you don't like something you must still be allowed to say it out loud.

I wouldn't speak publicly against such companies if I lived in the US, there are laws that protect companies in some really strange way, although the laws probably depend on the individual federal state. I always remember one case about a documentary that dealt with food poisoning in the US, where a girl died from eating contaminated meat, and when the parents went public with it, the same company sued them, because by law they (the parents) are not allowed to damage their reputation in that way.

And the outcome? Because that's the most important thing, everyone can sue anyone in the US, but I really wonder how the parents did it, if they just unleashed against the company without the investigation proving she died from that thing or before the investigation was finished, yeah, I can see it happening, it's a thing about trying to interfere with the result of it and if true yeah, the company would win it, then they will need to go through a civil lawsuit for those damages!

But here we talk about our opinions, and just look at the cesspool that twitter is, do you think grayscale would start seeing random people for being against it, it will hurt them more!

[|MINER|]

Actually ai is very potential for future as I know Grayscale provide a good service as a asset management company. So in my opinion I think investment on AI funds of gray-scale can be profitable but I will also suggest to others that when one thing in hype there will be more risks  for investing. So I will see the results and investing on it with small fund in the beginning. Currently I'm focusing on Bitcoin more than any others token.

[Lucius]

And the outcome? Because that's the most important thing, everyone can sue anyone in the US, but I really wonder how the parents did it, if they just unleashed against the company without the investigation proving she died from that thing or before the investigation was finished, yeah, I can see it happening, it's a thing about trying to interfere with the result of it and if true yeah, the company would win it, then they will need to go through a civil lawsuit for those damages!

I can't remember the details, I just know that it was a food documentary and that I watched it a few years ago. What I remember is that the family wanted to warn others about what happened to them, because that restaurant continued to work as if nothing had happened - and because of that they were sued by that company.

But here we talk about our opinions, and just look at the cesspool that twitter is, do you think grayscale would start seeing random people for being against it, it will hurt them more![/size]

Of course, the company will not sue random people who write something online here and there, but the harsh capitalism that reigns in today's world (and especially in the US) does not take kindly to criticism - and touching someone's profit is the same as touching a family.

[KryptoBull]

Actually ai is very potential for future as I know Grayscale provide a good service as a asset management company. So in my opinion I think investment on AI funds of gray-scale can be profitable but I will also suggest to others that when one thing in hype there will be more risks  for investing. So I will see the results and investing on it with small fund in the beginning. Currently I'm focusing on Bitcoin more than any others token.

BTC should always receive the majority of investment capital, while the remaining small portion is allocated to altcoins. The AI trend experienced strong growth in 2023 and brought profits to investors, which could be the reason why Grayscale received many requests and suggestions from customers before Grayscale launched the AI Fund.

I like all trends in the market because they help attract cash flow into crypto, but caution with new trends like AI is still necessary, especially according to many members, the AI trend in crypto market is not really related to AI because it has not yet made a significant contribution to the development of AI. Investors should do it your way: invest a small amount of money before becoming more optimistic and investing more in the uptrend.

[|MINER|]

BTC should always receive the majority of investment capital, while the remaining small portion is allocated to altcoins. The AI trend experienced strong growth in 2023 and brought profits to investors, which could be the reason why Grayscale received many requests and suggestions from customers before Grayscale launched the AI Fund.

I like all trends in the market because they help attract cash flow into crypto, but caution with new trends like AI is still necessary, especially according to many members, the AI trend in crypto market is not really related to AI because it has not yet made a significant contribution to the development of AI. Investors should do it your way: invest a small amount of money before becoming more optimistic and investing more in the uptrend.

I would agree with you and also say that none of the markets were related to this. But in the future AI revolution is going to happen and for which most of the projects or companies are focusing on AI. Although there are possibilities but risks are equally there because as I said before that when something is more hype then scammer continue their work with that thing so that people fall into their trap after see it. That was also happened to me . So for the new in the AI ​​market, it is better to keep it under observation and invest in the future and even if the investment is done, it should be very small.

[Mr. Magkaisa]

AI tokens are a useless classification and I don't think they are related to the current revolution in AI.
Filecoin (FIL) and Livepeer (LPT) are currencies that existed before the idea of ​​AI tokens became widespread.
Grayscale's investments are not an indicator of the success or failure of a cryptocurrency project, but rather a reflection of the investors' own opinions, and in some cases the token was removed after some time.

        -     Maybe you have a point in what you are saying, but there are some things I can say that still have potential, and one of these Ai tokens is the fetch, then a meme coin like an Aidoge, and others that I don't have anymore.

So for me, instead of investing there in the grayscale, I will probably choose the top altcoins in the market because, at least in these, I will have a profit to get.

[Jaephoenix]

Id really GrayScale is investing in Artificial Intelligence then I'm game. They seem to have an idea what they are talking about investment wise. Look what they did to bitcoin.
Artificial intelligence has been on the front burner of technology for at least 3 years now. Reason why nVidia shares mooned so much that it became the most valuable stock, overtaking Microsoft and Apple in price

[KryptoBull]

I would agree with you and also say that none of the markets were related to this. But in the future AI revolution is going to happen and for which most of the projects or companies are focusing on AI. Although there are possibilities but risks are equally there because as I said before that when something is more hype then scammer continue their work with that thing so that people fall into their trap after see it. That was also happened to me . So for the new in the AI ​​market, it is better to keep it under observation and invest in the future and even if the investment is done, it should be very small.

I'm not a tech expert, and I only use AI at a basic level for fun in my work. So, I don't fully understand the potential of AI, and the same goes for AI-related projects in the crypto market. I've watched many fundamental analysis videos about these projects, but I don't have enough reasons to go all-in on them.

AI is still just a trend in the crypto market and might be overhyped, similar to the GameFi trend in 2021. However, if we invest in the native token of a blockchain, like NEAR, we can benefit from multiple market trends such as DeFi, GameFi, RWA, AI... if they are implemented on these blockchains. This scenario might be more promising compared to investing in projects that solely focus on AI.

[|MINER|]

I'm not a tech expert, and I only use AI at a basic level for fun in my work. So, I don't fully understand the potential of AI, and the same goes for AI-related projects in the crypto market. I've watched many fundamental analysis videos about these projects, but I don't have enough reasons to go all-in on them.

Really you don't fully understand what is the potential of AI? Do you know how many people's jobs are going away because of AI? Especially those who work with weak or general skills, the possibility of losing their jobs has increased. However, those with good skills will increase their work speed because they will finish an hour's work in five minutes using AI. AI will actually take the jobs of those who don't know how to use it.
 And if you see now most of the big companies starting from the projects like Google, Microsoft they are all focusing on AI. So I don't know why you don't really understand the potential of the AI.