What Is Archive AI (ARCHAI)? Where To Buy It?

Archive AI (ARCHAI) is a unique blockchain-powered platform that enables users to browse AI databases and create their own AI decentralized apps (dApps) with the ARCHAI token.

Let’s find out why Archive AI is an exciting project and what kind of innovations it brings to the crypto world.

How Archive AI (ARCHAI) Works

In November 2022, Open AI launched ChatGPT, an AI chatbot that allows users to get answers to all questions, from history lessons and mathematical solutions to catchy names for their e-commerce brands. 

Archive AI is a project building on the popularity of ChatGPT by allowing users to create searchable AI databases from scratch through blockchain programming or to integrate Archive AI features into their already operational databases.

While ChatGPT has a rapidly growing database of answers, it doesn’t have any interface through which users can browse its database sections. The Archive AI team is building a solution that will allow users to browse AI databases and find the information they need manually or using a chatbot.

Sometimes it’s challenging to ask the AI chatbot a question, especially if you aren’t entirely sure what you are looking for. Archive AI aims to solve this issue by creating transparent Ai databases with categories and detailed classifications to make it easy for users to find the correct information.

While solutions like ChatGPT focus on providing immediate answers, Archive AI is more of a search engine for AI databases. This makes the platform especially useful for institutions and businesses with large databases looking to automate their data processing systems and introduce AI functionalities. 

The Archive AI programming framework lets developers implement AI database features into dApps. Also, since Archive AI uses the Ethereum (ETH) blockchain, it’s compatible with popular blockchain programming languages like Solidity, as well as Ethereum Virtual Machine-based networks like Polygon (MATIC) and Optimism (OP). 

What Is Archive AI (ARCHAI) Used For?

Archive AI provides two services users can benefit from. The first one is the ability to build dApps with integrated AI functionalities, while the second is allowing existing systems to implement Archive AI as an AI search engine when browsing through their databases.

The ARCHAI token has a vital role in the Archive AI ecosystem. When developers integrate Archive AI into their dApps, they incorporate chatbot features to help them and the end users browse their AI databases. All interactions with the Archive AI features are powered with ARCHAI tokens. 

Companies can create partnerships with Archive AI and integrate the platform’s AI database features into their databases. This lets business owners and employees easily search their company’s database with the help of the integrated Archive AI chatbot, which businesses can use in the form of a custom ChatGPT bot, a Telegram bot, or through other third-party chatbot services. 

The point is that the chatbots are connected with the dApp or company databases through the Archive AI framework, and all questions and searches use ARCHAI tokens to facilitate transfers. 

While individuals can also use Archive AI’s on-platform chatbot, the service focuses more on dApps and companies with AI databases. Instead of using heavily centralized, electronic AI networks, Archive AI uses the Ethereum blockchain to search databases and add new information with the help of ARCHAI tokens.

Where to Buy Archive AI (ARCHAI)?

Despite the innovative concept of Archive AI as a project, you can only purchase it on one exchange platform, UniSwap, exclusively with Wrapped Ethereum (WETH) tokens.

Getting some WETH is quite simple. All you need to do is buy some ETH or other popular ERC-20 token and exchange it on UniSwap for WETH.

Remember that you don’t need to create an account to use UniSwap. You can connect your crypto wallet to the exchange and start trading immediately.

How Long Has Archive AI (ARCHAI) Been Around? 

The development of Archive AI started in December 2022, shortly after the launch of ChatGPT. However, the launch of ARCHAI as a crypto asset happened in early February 2023.

What’s Controversial About Archive AI (ARCHAI)?

The idea behind Archive AI is quite authentic, but the project is still in its early development phase. For example, the Archive AI dApp isn’t functional yet, and when you visit it, you’ll see that it’s under development.

Archive AI has very much to deliver before we can say that the project is really active, and we can’t know whether the team will stay true to their promises and launch all of the project’s features in the future.

How Many Archive AI Coins Are There?

The total ARCHAI supply on the market is one million tokens, while the ARCHAI hard cap is 6.8 million tokens.

Can ARCHAI Be Mined?

There’s no sign of an ARCHAI mining mechanism so far, and the developer team has taken a pre-mined token approach. 

Market Cap and Price History of Archive AI (ARCHAI)

Archai has a fully diluted market capitalization of 600,000 USD, but there are no data about the current market cap. As far as the token’s price is concerned, it’s currently between 0.080 USD and 0.088 USD per token.

The current price of ARCHAI is considerably below its all-time high of 0.14 USD, which it reached on the day of the token’s launch.

Biggest Competitors of Archive AI (ARCHAI)

There aren’t any reputable crypto projects with quite the same idea and operational mechanism as Archive AI. However, the most AI-focused crypto project that can be considered a competitor is Fetch.ai (FET). 

Compared to ARCHAI, FET has a massive market cap of over 400 million USD, and it’s positioned near the lower end of the top 100 projects. Archive AI’s ability to compete in the market largely depends on whether the project will really roll out its key features.

What Does the Archive AI (ARCHAI) Project Road Map Look Like?

The Archive AI website doesn’t have a roadmap section. Still, based on the project’s current status, especially the Archive AI platform, it’s safe to say that the team will need to deliver the project’s core features in the following period. This includes chatbot features, Archive AI dApp integration toolkits, and the ability to integrate services within existing company databases.

Pros and Cons of Archive AI (ARCHAI)

Pros

• Innovative use of AI mechanics combined with databases and blockchain technology.
• The technology can be beneficial for businesses with massive databases.

Cons

• The project is in its very early stages, and none of its essential features are available at the moment.

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