This is an opinion post written for CryptoPotato by Ken Timsit, Head of Cronos Labs
2023 is the year of artificial intelligence, and there’s no better time than now to take a deeper dive into the different types and use cases of AI — especially for startups and projects working at the intersection of AI and blockchain.
To carry the momentum into 2024, Web3 startups should get a better sense of what to focus on when developing projects at the intersection of blockchain and AI. The Cronos Accelerator Program has evaluated over 600 Web3 startup applications, which allowed us to gain an accurate sense of the current blockchain and AI landscape.
Coming from all around the world, the teams reviewed were working on the development of projects related to GameFi, NFT, DeFi, data,

[Featured]For years now, cryptocurrency and blockchain developers had a problem that revolved around making blockchain networks large enough to handle a significant number of transactions per block without sacrificing efficiency and speed. Numerous projects tried to come up with solutions that would address the issue, although they all resulted in failures. Even if they saw some amount of success, there were often additional difficulties — new problems and troubles that emerged along the way.Bitcoin (BTC) itself is a prime example of it. Its scalability issues were detected almost as soon as its white paper was published – and despite a decade of searching for solutions, developers are still having trouble with increasing its blockchain size. Ethereum’s Vitalik Buterin once claimed that

When most people think of use cases for virtual reality (VR), gaming tends to be the first to spring to mind. Ironically, the VR gaming market simply isn’t taking off in the way that the industry hoped it would. At this year’s E3, an annual event dedicated to all things video gaming, the VR presence was eerily quiet.However, the reality is that VR has been gaining traction in many other areas besides gaming.Training is a case in point. In 2018, the US military issued a white paper in which it described its plans for setting up a synthetic training environment (STE) in virtual reality. The STE simulates real combat conditions covering ground, air, and sea scenarios, enabling the military to train personnel in the necessary tactics and responses to emerging situations.The healthcare sector