Projects
Decentralised AI projects. Freedom scores, market data and honest assessment. Compare projects
| Project | Category | Freedom▼ | Returns | Quadrant | Status | Launch | Price | Mkt Cap | FDV | 7d | OYM Verdict | Review |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Morpheus MOR | platform | 8 | 6 | A | active | fair launch | $1.30 | $9.8M | $10.1M | -16.3% | Genuine fair launch with working compute marketplace. Early-stage agents but real infrastructure. | Read |
 Flux FLUX | compute | 8 | 6 | A | active | mining | $0.065 | $26.7M | $26.7M | -5.2% | One of crypto's fairest launches with verifiable infrastructure across 67 countries. Six years and ~100 deployed applications. The sovereignty credentials are excellent; the commercial traction is not. | Read |
 Golem Network GLM | compute | 7 | 5 | B | active | ico | $0.135 | $135.1M | $135.1M | +0.6% | The OG decentralised compute network with one of crypto's fairest token distributions. Ten years of building with zero protocol revenue and a token that captures no value from usage. | Read |
 Akash Network AKT | compute | 7 | 7 | A | active | ico | $0.507 | $148.3M | $148.7M | +6.2% | The most credible decentralised cloud marketplace operating today. Real revenue, real customers, BME burn now live. Chain migration still looming. | Read |
 IoTeX IOTX | other | 6 | 5 | B | active | ico | $0.0045 | $42.8M | $42.8M | -5.4% | The most technically differentiated DePIN chain with verifiable innovations in device identity and ZK verification. Seven years of building with $2.5M TVL, but MiCA compliance, CF Benchmarks listing, and the Real-World AI Foundry signal institutional maturation. The ioTube bridge exploit ($4.4M, February 2026) is a setback. | Read |
 NEAR Protocol NEAR | platform | 6 | 7 | A | active | ico | $1.31 | $1.70B | $1.70B | -7.6% | The strongest AI credentials of any L1 founder, a proven sharded chain running since 2020, and real cross-chain traction via Intents ($15.2B+ cumulative volume). Fee switch and inflation halving strengthen tokenomics. But TVL remains thin, AI products are pre-traction, and the inflation halving was pushed through despite a failed governance vote. | Read |
 Olas OLAS | agent | 6 | 4 | B | active | ico | $0.039 | $9.3M | $18.5M | -7.1% | Genuine on-chain agent usage and strong open-source credentials, but the economics are not working. $89K marketplace turnover, 99.6% token decline, and 42.65% insider allocation with no enforced vesting. A technically credible protocol that has not yet solved its tokenomics. | Read |
 Oasis Network ROSE | data | 6 | 5 | B | active | ico | $0.0097 | $73.3M | $96.6M | -13.7% | The technology works and is finally shipping product. ROFL mainnet, institutional pilots, liquid staking. But TVL peaked at $7.5M (May 2025) then fell back sharply. Promising direction, unproven traction. | Read |
 OriginTrail TRAC | other | 6 | 7 | A | active | ico | $0.312 | $139.7M | $156.2M | +7.5% | The quiet achiever of DeAI. Best tokenomics, real enterprise adoption, unique category. Eight years of building with unquantified revenue. | Read |
 Theta Network THETA | compute | 6 | 5 | B | active | ico | $0.198 | $198.0M | $198.0M | -9.9% | Enterprise-backed infrastructure with Google, Samsung, and Sony as validators. Impressive partnerships but THETA's value accrual problem is fundamental – all fees flow to TFUEL, not THETA. | Read |
 Vana VANA | data | 6 | 6 | A | active | airdrop | $1.44 | $44.2M | $172.4M | +0.8% | The most technically complete data sovereignty protocol in crypto, with genuine user adoption and strong backing. But permissioned validators, Foundation-controlled treasury, and a 95% price decline tell you the market is not yet convinced that 'own your data' translates to token value. | Read |
 Nosana NOS | compute | 6 | 5 | B | active | ico | $0.235 | $23.5M | $23.5M | -2.2% | Working inference marketplace with real deployments and Render integration. Zero revenue visibility and thin liquidity make it a conviction bet on the inference thesis. | Read |
 Venice VVV | inference | 6 | 7 | A | active | airdrop | $8.57 | $395.5M | $683.3M | -6.3% | Best privacy-focused inference platform available. Now with verifiable E2EE and TEE modes via NEAR and Phala. Centralised company but aligned incentives. | Read |
 Bittensor TAO | platform | 6 | 6 | A | active | mining | $250.46 | $2.40B | $5.26B | +1.3% | Largest DeAI network with real workloads. PoA block production and governance far more centralised than marketed. Covenant AI's April 2026 exit alleges specific governance abuses now under active review. No security audit. | Read |
 Nillion NIL | data | 6 | 4 | B | active | ico | $0.038 | $16.9M | $37.8M | -9.7% | The right thesis (AI needs privacy-preserving computation) but battered by a market maker scandal and zero commercial validation. Exceptional team, credible technology. Blacklight verification layer is a real deliverable, but revenue remains absent. | Read |
 FLock.io FLOCK | compute | 6 | 6 | A | active | airdrop | $0.060 | $21.7M | $59.9M | -4.8% | NeurIPS-awarded federated learning meets blockchain. Real protocol revenue ($2.7M) from a small number of tasks. The academic credentials are genuine; the question is whether 16 training tasks in 10 months becomes 1,600. | Read |
 Ocean Protocol OCEAN | data | 6 | 4 | B | active | ico | $0.130 | $25.9M | $34.6M | -5.9% | The technology substantially outperforms the tokenomics and governance situation. Compute-to-Data remains one of the most elegant solutions to the data privacy problem in Web3, but a token without stated utility, a fragmented community after 81% supply conversion, dismantled governance, and a settled lawsuit returning 286M FET make this a project to watch technically and avoid as a token investment. | Read |
| Phala Network PHA | compute | 6 | 5 | B | active | ico | $0.031 | $25.7M | $30.8M | -6.2% | Genuine confidential computing tech with enterprise compliance credentials. The privacy works. The decentralisation does not – yet. | Read |
 peaq PEAQ | other | 5 | 5 | D | active | ico | $0.017 | $34.0M | $72.7M | -0.7% | A well-engineered Machine Economy L1 with 60+ DePINs and enterprise partnerships, but $163.6K annualised revenue tells you the market is not paying for it yet. | Read |
 Allora Network ALLO | other | 5 | 5 | D | active | ico | $0.110 | $24.8M | $86.6M | -9.5% | Genuine technical innovation with novel inference synthesis and tier-1 exchange listings from day one. Unproven revenue model and a massive vesting cliff in November 2026 that could nearly double circulating supply. | Read |
 ElizaOS ELIZAOS | agent | 5 | 3 | D | active | fair launch | $0.0006 | $4.7M | $5.7M | -9.4% | A genuinely well-built open-source AI agent framework bolted onto a speculative token economy with no clear value accrual. The framework deserves respect; the token demands scepticism. 99.7% price decline, no governance voting, 40% dilutive supply expansion, and an unpatched memory injection vulnerability. | Read |
 Gensyn AI | compute | 5 | 3 | D | upcoming | ico | $0.043 | $55.1M | $422.6M | 0.0% | Genuine ML research and strong open-source credentials, but pre-mainnet with a distributed-but-illiquid token, fully team-controlled governance, and 54.6% insider allocation. A credible research bet, not a working infrastructure play. | Read |
 Fetch.ai / ASI Alliance FET | agent | 5 | 6 | C | active | ico | $0.194 | $438.6M | $527.0M | -8.8% | Real agent framework and open-source foundation, but the merger has been messy, usage metrics are opaque, and core products are centrally operated. | Read |
 Sentient SENT | inference | 5 | 5 | D | active | ico | $0.017 | $123.7M | $587.2M | -3.7% | The biggest VC bet in crypto-AI: $85M seed from Founders Fund and Pantera, OML is a genuine innovation. But GRID mainnet is not live, there is zero revenue, and November 2026 VC unlock looms. | Read |
 Ora Protocol ORA | other | 5 | 4 | D | active | fair launch | $0.0088 | $496K | $2.9M | -19.9% | Genuine technical innovation in verifiable AI inference with ERC standards contributions. But the token is down 99.85%, effectively illiquid, and 83% of supply is locked with undisclosed allocation. | Read |
 Warden Protocol WARD | agent | 5 | 5 | D | active | ico | $0.0028 | $696K | $2.8M | -20.6% | A month-old token from Qredo/Binance alumni building an AI agent L1. On-chain activity is real (~35M+ txs verified via RPC sampling), but the 60M agent runs headline includes off-chain counts we can't verify. Inflated user numbers, proprietary core modules, 42% insider allocation, and a 93% price crash demand caution. | Read |
 Intelligent Internet FC | platform | 4 | 2 | D | upcoming | pre token | -- | -- | -- | -- | Strong open-source AI output (9 models, 20 datasets on HuggingFace) and real agent tooling, but no chain, no token, and execution depends on a controversial founder. Watch closely. | Read |
 Virtuals Protocol VIRTUAL | agent | 4 | 7 | C | active | ico | $0.677 | $444.4M | $677.1M | -4.8% | The dominant AI agent launchpad, now spanning Base, Solana, Ronin, Arbitrum, and XRP Ledger, with real revenue and a buyback-and-burn programme. Centralised inference infrastructure and pump-and-dump agent token dynamics persist, but the Unicorn launch system and deflationary mechanisms show a platform maturing beyond its pump.fun origins. | Read |
 io.net IO | compute | 4 | 5 | D | active | ico | $0.114 | $36.2M | $91.3M | -5.7% | Real revenue and growing compute delivery. IDE tokenomics overhaul (announced Dec 2025) would improve value capture if implemented. But closed-source core, no governance, and inflated GPU metrics persist. A centralised GPU marketplace with a token, not a decentralised protocol. | Read |
 Grass GRASS | data | 4 | 6 | C | active | airdrop | $0.332 | $195.1M | $332.4M | -17.1% | Impressive scale and real enterprise traction, but this is a centralised data business with a token incentive layer. Code is entirely closed-source, governance exists only in documentation, users contribute bandwidth without any sovereignty over the data produced, and all revenue flows through an opaque Foundation. The widest airdrop in Solana history doesn't make a network decentralised. | Read |
 Sahara AI SAHARA | data | 3 | 5 | D | active | ico | $0.022 | $72.1M | $220.1M | +0.0% | Strong academic credentials, real data labelling traction, and top-tier VC backing. But the core blockchain is not operational, every decentralisation feature is aspirational, and the token contract includes a pause function. A well-funded centralised AI platform with blockchain aspirations, not a decentralised network. | Read |
 Render Network RENDER | compute | 3 | 7 | C | active | ico | $1.68 | $873.9M | $898.8M | -8.6% | Real rendering demand with Hollywood customers. But permissioned network, proprietary core, and OTOY controls everything. | Read |
 Aethir ATH | compute | 3 | 6 | C | active | ico | $0.0057 | $110.0M | $239.9M | -6.7% | The best revenue story in DeAI, attached to the worst decentralisation credentials. Governance is finally arriving, but this remains an enterprise GPU business with a token. | Read |
 Cookie DAO COOKIE | data | 2 | 5 | D | active | ico | $0.016 | $11.9M | $15.9M | -5.9% | A legitimate AI agent analytics product with real users and first-mover advantage. But the 'DAO' label is marketing: zero open source code, no verifiable governance, fully centralised infrastructure. | Read |
Market data via CoinGecko. Updated every 6 hours.
Morpheus MOR Genuine fair launch with working compute marketplace. Early-stage agents but real infrastructure.
Flux FLUX One of crypto's fairest launches with verifiable infrastructure across 67 countries. Six years and ~100 deployed applications. The sovereignty credentials are excellent; the commercial traction is not.
Golem Network GLM The OG decentralised compute network with one of crypto's fairest token distributions. Ten years of building with zero protocol revenue and a token that captures no value from usage.
Akash Network AKT The most credible decentralised cloud marketplace operating today. Real revenue, real customers, BME burn now live. Chain migration still looming.
IoTeX IOTX The most technically differentiated DePIN chain with verifiable innovations in device identity and ZK verification. Seven years of building with $2.5M TVL, but MiCA compliance, CF Benchmarks listing, and the Real-World AI Foundry signal institutional maturation. The ioTube bridge exploit ($4.4M, February 2026) is a setback.
NEAR Protocol NEAR The strongest AI credentials of any L1 founder, a proven sharded chain running since 2020, and real cross-chain traction via Intents ($15.2B+ cumulative volume). Fee switch and inflation halving strengthen tokenomics. But TVL remains thin, AI products are pre-traction, and the inflation halving was pushed through despite a failed governance vote.
Olas OLAS Genuine on-chain agent usage and strong open-source credentials, but the economics are not working. $89K marketplace turnover, 99.6% token decline, and 42.65% insider allocation with no enforced vesting. A technically credible protocol that has not yet solved its tokenomics.
Oasis Network ROSE The technology works and is finally shipping product. ROFL mainnet, institutional pilots, liquid staking. But TVL peaked at $7.5M (May 2025) then fell back sharply. Promising direction, unproven traction.
OriginTrail TRAC The quiet achiever of DeAI. Best tokenomics, real enterprise adoption, unique category. Eight years of building with unquantified revenue.
Theta Network THETA Enterprise-backed infrastructure with Google, Samsung, and Sony as validators. Impressive partnerships but THETA's value accrual problem is fundamental – all fees flow to TFUEL, not THETA.
Vana VANA The most technically complete data sovereignty protocol in crypto, with genuine user adoption and strong backing. But permissioned validators, Foundation-controlled treasury, and a 95% price decline tell you the market is not yet convinced that 'own your data' translates to token value.
Nosana NOS Working inference marketplace with real deployments and Render integration. Zero revenue visibility and thin liquidity make it a conviction bet on the inference thesis.
Venice VVV Best privacy-focused inference platform available. Now with verifiable E2EE and TEE modes via NEAR and Phala. Centralised company but aligned incentives.
Bittensor TAO Largest DeAI network with real workloads. PoA block production and governance far more centralised than marketed. Covenant AI's April 2026 exit alleges specific governance abuses now under active review. No security audit.
Nillion NIL The right thesis (AI needs privacy-preserving computation) but battered by a market maker scandal and zero commercial validation. Exceptional team, credible technology. Blacklight verification layer is a real deliverable, but revenue remains absent.
FLock.io FLOCK NeurIPS-awarded federated learning meets blockchain. Real protocol revenue ($2.7M) from a small number of tasks. The academic credentials are genuine; the question is whether 16 training tasks in 10 months becomes 1,600.
Ocean Protocol OCEAN The technology substantially outperforms the tokenomics and governance situation. Compute-to-Data remains one of the most elegant solutions to the data privacy problem in Web3, but a token without stated utility, a fragmented community after 81% supply conversion, dismantled governance, and a settled lawsuit returning 286M FET make this a project to watch technically and avoid as a token investment.
Genuine confidential computing tech with enterprise compliance credentials. The privacy works. The decentralisation does not – yet.
peaq PEAQ A well-engineered Machine Economy L1 with 60+ DePINs and enterprise partnerships, but $163.6K annualised revenue tells you the market is not paying for it yet.
Allora Network ALLO Genuine technical innovation with novel inference synthesis and tier-1 exchange listings from day one. Unproven revenue model and a massive vesting cliff in November 2026 that could nearly double circulating supply.
ElizaOS ELIZAOS A genuinely well-built open-source AI agent framework bolted onto a speculative token economy with no clear value accrual. The framework deserves respect; the token demands scepticism. 99.7% price decline, no governance voting, 40% dilutive supply expansion, and an unpatched memory injection vulnerability.
Gensyn AI Genuine ML research and strong open-source credentials, but pre-mainnet with a distributed-but-illiquid token, fully team-controlled governance, and 54.6% insider allocation. A credible research bet, not a working infrastructure play.
Fetch.ai / ASI Alliance FET Real agent framework and open-source foundation, but the merger has been messy, usage metrics are opaque, and core products are centrally operated.
Sentient SENT The biggest VC bet in crypto-AI: $85M seed from Founders Fund and Pantera, OML is a genuine innovation. But GRID mainnet is not live, there is zero revenue, and November 2026 VC unlock looms.
Ora Protocol ORA Genuine technical innovation in verifiable AI inference with ERC standards contributions. But the token is down 99.85%, effectively illiquid, and 83% of supply is locked with undisclosed allocation.
Warden Protocol WARD A month-old token from Qredo/Binance alumni building an AI agent L1. On-chain activity is real (~35M+ txs verified via RPC sampling), but the 60M agent runs headline includes off-chain counts we can't verify. Inflated user numbers, proprietary core modules, 42% insider allocation, and a 93% price crash demand caution.
Intelligent Internet FC Strong open-source AI output (9 models, 20 datasets on HuggingFace) and real agent tooling, but no chain, no token, and execution depends on a controversial founder. Watch closely.
Virtuals Protocol VIRTUAL The dominant AI agent launchpad, now spanning Base, Solana, Ronin, Arbitrum, and XRP Ledger, with real revenue and a buyback-and-burn programme. Centralised inference infrastructure and pump-and-dump agent token dynamics persist, but the Unicorn launch system and deflationary mechanisms show a platform maturing beyond its pump.fun origins.
io.net IO Real revenue and growing compute delivery. IDE tokenomics overhaul (announced Dec 2025) would improve value capture if implemented. But closed-source core, no governance, and inflated GPU metrics persist. A centralised GPU marketplace with a token, not a decentralised protocol.
Grass GRASS Impressive scale and real enterprise traction, but this is a centralised data business with a token incentive layer. Code is entirely closed-source, governance exists only in documentation, users contribute bandwidth without any sovereignty over the data produced, and all revenue flows through an opaque Foundation. The widest airdrop in Solana history doesn't make a network decentralised.
Sahara AI SAHARA Strong academic credentials, real data labelling traction, and top-tier VC backing. But the core blockchain is not operational, every decentralisation feature is aspirational, and the token contract includes a pause function. A well-funded centralised AI platform with blockchain aspirations, not a decentralised network.
Render Network RENDER Real rendering demand with Hollywood customers. But permissioned network, proprietary core, and OTOY controls everything.
Aethir ATH The best revenue story in DeAI, attached to the worst decentralisation credentials. Governance is finally arriving, but this remains an enterprise GPU business with a token.
Cookie DAO COOKIE A legitimate AI agent analytics product with real users and first-mover advantage. But the 'DAO' label is marketing: zero open source code, no verifiable governance, fully centralised infrastructure.