🔑The Opportunity
Last updated
Last updated
AI, and by extension, decentralized AI (DeAI), have been rapidly gaining traction over the past few months. While some DeAI projects, such as Golem, have been in operation since as early as 2016, the recent meteoric rise of technologies like ChatGPT has caught the attention of financial institutions and investors worldwide.
According to Coingecko, the most popular DeAI category, Decentralized Physical Infrastructure Networks (DePIN), currently boasts a market cap of $32 billion. While this is a significant milestone, it pales in comparison to the broader AI market, which is projected to reach an astounding $2 trillion by 2030. This disparity highlights the immense growth potential within the DeAI sector. However, the journey towards this potential is not without its challenges. One of the primary issues facing the DeAI sector is the concentration of power. The largest DeAI tokens are predominantly controlled by a handful of institutions, which limits the participation of a broader range of stakeholders, particularly open-source developers who are essential for fostering innovation and inclusivity.
Yata was created to address these very challenges. Our mission is to build a more equitable and co-shared economic layer for future generations. By leveraging decentralized technologies, we aim to democratize access to AI capabilities, ensuring that the benefits of AI are distributed more evenly across society. At Yata, we believe that the future of AI should be inclusive, transparent, and accessible to all, driving not just technological advancement but also societal progress.