World’s largest exchange by trading volume, Binance has launched an AI gaming platform; Sleepless. The exchange made the disclosure today via an official blog post. According to Binance, the project is targeted at bringing “unprecedented innovation” to the gaming landscape. To achieve this goal, the exchange equipped Sleepless with innovative components that will see it combine both AI and blockchain technology.
Additionally, the innovation will come with two inaugural games identified as HIM and HER. As revealed, the games are targeted at providing an immersive companionship experience. According to the blog post, Sleepless AI has a native utility token; $AI that will serve a host of functions on the platform. Some of these functions are in-game purchase, governance, reward, and in-game PK.
Meanwhile, Binance indicated that Sleepless AI has raised $3.7 million through three rounds of private token sales. So far, 7.6% of $AI has been sold as the project prepares for proper launching. However, there are indications that more games will launch on the platform to further drive Binance’s AI-blockchain focus.
It is worth mentioning that Binance has a significant interest in incorporating artificial intelligence with blockchain innovations. Recall that in November, the investment arm of the exchange, Binance Labs invested in Arkham. According to a Binbits report, the exchange made the investment in a bid to support the AI focus of the network.
Growing Adoption of AI
Lately, AI has gained more recognition and adoption since the turn of the year. Various industries and organizations are starting to embrace the phenomenon. Similarly, crypto and blockchain firms like Binance are not left behind in the growing adoption of artificial intelligence.
Further, the launching of Sleepless highlights how crypto and blockchain firms rapidly are coming to terms with artificial intelligence. According to emerging reports, searches for AI on Google surpassed any crypto-related terms. As indicated, users of the search engine are more interested in artificial intelligence than cryptocurrency.
Further indications projected that the search for artificial intelligence on Google gained more ground around August 2022. Eventually, searches for AI finally outpaced crypto-related inquiries by September 2022 which coincided with the release of ChatGPT. Global search interest in artificial intelligence now holds a Google Trends score of 91 which is higher than the most-ranked crypto term Bitcoin (22).
To an extent, the data indicates a cooling interest in crypto due to the emergence of some key AI projects. Nonetheless, the recent trend of merging artificial intelligence with blockchain underlines how the two can coexist. Top projects like Render, Fetch.ai, Arkham, The Graph, and SingularityNET are AI-driven blockchain innovations that are making a rave in the industry.