AI-Powered DApps Surge 372% in Q3 2024, Overtaking Gaming with 28% Market Share

The influence of artificial intelligence (AI) continues to permeate various sectors, and the decentralized application (dApp) industry is no exception.

In the third quarter of 2024, the dApp sector reported a significant milestone, reaching an average of 17 million daily unique active wallets (dUAW). Notably, according to DappRadar’s data, AI-powered dApps emerged as the leading category, accounting for 28% of the industry’s activity, overtaking gaming, which held a 25% share.

This remarkable growth reflects a broader societal shift towards automation and data-driven decision-making. As our world becomes increasingly interconnected, the demand for smarter and more efficient technologies is rising.

AI dApps are effectively addressing this need by providing enhanced personalization and solutions that simplify complex digital interactions.

Rise of AI-Powered DApps

Since the start of 2024, the activity of AI dApps has skyrocketed by an impressive 372%, averaging 4.8 million dUAW in Q3 alone. This surge highlights the growing acceptance and utilization of AI in the dApp landscape, signaling a transformative shift within the Web3 space.

According to DappRadar, among the most known AI dApps leading the charge are:

• DIN: Launched in April 2024, DIN (Data Intelligence Network) is an AI-native modular platform focused on streamlining data preprocessing for AI systems. With nearly 1 million daily users, DIN offers a decentralized framework that rewards users with DIN tokens for contributing to the data economy. Its Chipper Node infrastructure enhances data processing efficiency while promoting user ownership.
• Alaya AI: Alaya AI offers a decentralized solution for AI data management, targeting small to medium-sized developers. The platform utilizes auto-labeling tools powered by reinforcement learning, boosting data labeling efficiency by up to five times. With a user base of around 100,000 dUAW, Alaya AI is fostering a community-driven ecosystem that connects global contributors.
• Holoworld AI: Merging AI with Web3 and 3D entertainment, Holoworld AI enables users to create and interact with virtual characters. The platform provides tools for designing unique digital personalities and launching virtual influencers, transforming the way digital assets are developed and shared.
• RIDO: RIDO is a decentralized protocol focused on data generation, aggregation, and trading. It allows users to control their personal data across Web2 and Web3 environments, facilitating data monetization while prioritizing privacy. The platform’s programmable access control and data marketplace create a new economy, driving AI applications with high-quality data.
• QnA3: This AI-powered knowledge engine offers real-time cryptocurrency data, market insights, and advanced technical analysis. Designed for crypto traders and financial analysts, QnA3 features tools for information gathering and one-click trading, enhancing decision-making through AI-driven market analysis.

Looking Ahead

The rise of AI-powered dApps marks a majort milestone in the blockchain space, with their activity surging by 372% since the beginning of the year.

While the integration of AI and blockchain technology is still developing, the potential for innovation is immense. Some industry experts speculate that this trend signals the dawn of a new era, while others caution against potential hype.

Regardless, the acceleration of innovation and adoption in this sector positions AI dApps as a critical element in the future of the dApp industry.