Projects
Projects claim numbers. We check them against the chain, and sign what we find. The dual scores, the market data, and how much of each project we have independently verified.
| Project | Category | Freedom▼ | Returns | Quadrant | Integrity | Mkt cap | Trend | Status |
|---|---|---|---|---|---|---|---|---|
 Morpheus MOR | platform | 8 | 6 | A | 42·0 | $7.8M | +6.5% -45.8% -36.9% -70.8% | active |
 Flux FLUX | compute | 7 | 6 | A | 8·1 | $28.0M | -9.0% -3.7% -6.5% -44.0% | active |
 Golem Network GLM | compute | 7 | 5 | B | 6·0 | $110.4M | -2.5% -8.1% -18.6% -36.0% | active |
 Akash Network AKT | compute | 7 | 7 | A | 15·0 | $205.2M | +8.4% +1.2% +42.1% +11.7% | active |
| AntSeed ANTS | inference | 7 | 3 | B | 6·0 | -- | -- | active |
 Oasis Network ROSE | data | 6 | 5 | B | 10·1 | $59.2M | -4.5% -2.6% -27.1% -55.1% | active |
 Olas OLAS | agent | 6 | 4 | B | 11·1 | $16.4M | +14.4% +64.2% +30.9% -65.3% | active |
 NEAR Protocol NEAR | platform | 6 | 7 | A | 13·0 | $6.49B | +8.5% +15.2% +258.0% +130.6% | active |
| Walrus WAL | storage | 6 | 6 | A | 7·0 | $99.7M | -27.6% +16.8% -49.4% -83.4% | active |
 IoTeX IOTX | other | 6 | 5 | B | 8·0 | $41.5M | +23.1% +23.7% -13.1% -62.7% | active |
 OriginTrail TRAC | other | 6 | 7 | A | 7·0 | $173.1M | -2.2% +13.0% +15.4% -43.6% | active |
 Nosana NOS | compute | 6 | 5 | B | 7·0 | $51.9M | +8.9% +34.6% +96.5% +22.1% | active |
 Theta Network THETA | compute | 6 | 5 | B | 6·0 | $195.9M | +4.6% -8.2% -8.3% -63.5% | active |
| Openmind ROBO | agent | 6 | 4 | B | 5·0 | $13.4M | -10.5% -36.4% -72.2% -81.7% | active |
 Venice VVV | inference | 6 | 7 | A | 23·0 | $1.25B | +14.2% -9.8% +185.3% +1878.0% | active |
 FLock.io FLOCK | compute | 6 | 5 | B | 7·0 | $21.3M | +0.7% -38.0% -33.7% -74.7% | active |
 Ocean Protocol OCEAN | data | 6 | 4 | B | 7·0 | $31.7M | +0.2% -22.6% -2.1% -50.1% | active |
| Phala Network PHA | compute | 6 | 5 | B | 8·0 | $55.7M | +30.0% +27.6% +74.9% +5.2% | active |
 Bittensor TAO | platform | 5 | 7 | C | 21·2 | $2.91B | +0.4% -9.4% +3.4% -31.7% | active |
 Vana VANA | data | 5 | 5 | D | 11·2 | $26.7M | -8.7% -19.1% -39.8% -65.0% | active |
 ElizaOS ELIZAOS | agent | 5 | 2 | D | 6·0 | $2.9M | -4.0% +154.8% -39.2% -96.3% | active |
 peaq PEAQ | other | 5 | 5 | D | 10·1 | $93.5M | -1.7% +4.8% +81.7% -52.0% | active |
 Gensyn AI | compute | 5 | 4 | D | 9·0 | $22.4M | -2.3% -13.2% -83.8% -83.8% | active |
 Nillion NIL | data | 5 | 4 | D | 7·0 | $39.9M | -8.2% -37.0% +80.2% -75.6% | active |
| Nous Research Pre-TGE | compute | 5 | -- | -- | 1·0 | -- | -- | upcoming |
 Fetch.ai / ASI Alliance FET | agent | 5 | 6 | C | 8·0 | $428.2M | -3.5% -3.6% -11.3% -20.8% | active |
 Auki AUKI | other | 5 | 3 | D | 7·0 | $31.9M | +0.7% -35.4% -6.4% -68.0% | active |
 Allora Network ALLO | other | 5 | 5 | D | 9·1 | $50.2M | -10.9% -32.6% +75.3% -84.5% | active |
 Sentient SENT | inference | 5 | 5 | D | 5·0 | $155.5M | +13.0% +3.7% +15.8% +5.3% | active |
 NuNet NTX | compute | 5 | 2 | D | 7·1 | $190K | -77.5% -74.7% -93.7% -97.0% | active |
 Warden Protocol WARD | agent | 5 | 5 | D | 7·0 | $664K | -3.0% -6.0% -15.6% -97.8% | active |
| Giza GIZA | agent | 4 | 3 | D | 9·1 | $95K | -43.8% -58.3% -97.8% -99.7% | active |
 Intelligent Internet FC | platform | 4 | -- | -- | 1·0 | -- | -- | upcoming |
 io.net IO | compute | 4 | 5 | D | 10·2 | $64.1M | +1.4% +6.4% +27.9% -50.6% | active |
 ZetaChain ZETA | data | 4 | 3 | D | 10·2 | $66.9M | -3.5% -18.5% -28.0% -63.8% | active |
 Virtuals Protocol VIRTUAL | agent | 4 | 7 | C | 20·1 | $431.3M | +3.1% -5.3% -7.1% -9.9% | active |
 Grass GRASS | data | 4 | 6 | C | 7·0 | $445.4M | +2.8% +41.9% +70.5% +60.2% | active |
| Heurist HEU | compute | 4 | 2 | D | 6·0 | $324K | -27.8% -18.2% -72.3% -91.9% | active |
 Render Network RENDER | compute | 3 | 7 | C | 13·0 | $942.4M | +0.7% +6.1% +0.9% -22.9% | active |
 Sahara AI SAHARA | data | 3 | 5 | D | 7·0 | $31.6M | -3.0% -19.7% -68.7% -89.9% | active |
 Aethir ATH | compute | 3 | 6 | C | 18·3 | $116.6M | +4.1% -0.5% -3.1% -79.3% | active |
 Ora Protocol ORA | other | 3 | 2 | D | 10·3 | $74K | -83.1% -80.2% -95.0% -97.1% | dormant |
 OpenServ SERV | agent | 2 | 3 | D | 5·0 | $12.1M | -15.2% -41.1% -12.3% -28.6% | active |
 Cookie DAO COOKIE | data | 2 | 5 | D | 6·0 | $7.2M | -7.9% -20.8% -45.1% -88.7% | active |
Market data via CoinGecko. Updated every 6 hours.
Morpheus MOR One of the cleanest fair launches in DeAI: no insiders, no VC, a permissionless compute marketplace and Power Factor lock-ups that constrain selling. The weak spot is value capture. The buyback engine runs on staked-capital yield rather than compute demand, and it has shrunk with TVL while emissions still outpace burns.
Flux FLUX One of crypto's fairest launches with infrastructure spread across dozens of countries. Six years in, over a thousand deployment specs sit in its app registry, but paid demand is unmeasured. 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. Paying revenue, named customers, BME burn live since 23 March 2026. Provider count near its lowest since 2023; chain migration still looming.
The architecturally honest version of what most DeAI inference marketplaces claim to be. BitTorrent DHT for discovery, WebRTC for transport, GPL-3.0 codebase, no pre-mine. The Foundation raised a $2.4M token round led by Spark Capital in October 2026 without saying which ANTS pays its investors. Reciprocal partnerships with Secret Network and Venice. Doxxed co-founder with NFTrade track record. Dozens of providers and on-chain settlements. ANTS transfers are intentionally disabled during the protocol's economic-architecture phase, which scores hard against Returns but isn't fatal: read this as Freedom 66/C with the Returns chapter not yet written.
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.
Olas OLAS Measurable on-chain agent usage and strong open-source credentials, but the economics aren't working. Lifetime marketplace turnover in the low six figures, a 99.6% token decline, and a 42.65% insider allocation whose on-chain locks all ended by July 2026. A technically credible protocol that hasn't yet solved its tokenomics.
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 ($30B+ 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.
The strongest team in the Sui ecosystem built a genuinely decentralised storage network, and Walrus Memory is the most on-thesis product name in DeAI. But the default memory path trusts a Foundation relayer that sees your plaintext and ships it to OpenAI, with the searchable index in a centralised database. The ownership record is on-chain. The live query path, by default, is not.
IoTeX IOTX The most technically differentiated DePIN chain with verifiable innovations in device identity and ZK verification. Seven years of building with ~$2M 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.
OriginTrail TRAC The quiet achiever of DeAI. Best tokenomics, named enterprise adoption, unique category. Eight years of building with unquantified revenue.
Nosana NOS Working inference marketplace with named partner deployments and Render integration. Undisclosed revenue and thin liquidity make it a conviction bet on the inference thesis.
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.
Openmind ships a working open-source robotics runtime with major OEM partners and a doxxed Stanford / MIT CSAIL founding team. The token thesis is materially weaker. ROBO is the work-bond and emission token; USDC settles the actual machine-to-machine payments. A 44.3% insider cliff begins linear vesting in February 2027.
Venice VVV Best privacy-focused inference platform available. Now with verifiable E2EE and TEE modes via NEAR and Phala. Centralised company but aligned incentives.
FLock.io FLOCK NeurIPS-awarded federated learning meets blockchain. 11.9M FLOCK in protocol fees from a small number of tasks. The academic credentials hold up; 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 renounced token that little uses today, a fragmented community after 81% supply conversion, dismantled governance, and live SDNY litigation over an alleged 286M FET conversion make this a project to watch technically and avoid as a token investment.
Confidential computing tech with enterprise compliance credentials. The privacy works. The decentralisation does not, yet.
Bittensor TAO Largest DeAI network with live workloads. PoA block production, and governance more centralised than marketed: the runtime carries no Triumvirate or Senate and privileged operations run through one 2-of-3 multisig sudo key. Covenant AI's April 2026 exit alleges further abuses, contested. No security audit.
Vana VANA The most technically complete data sovereignty protocol in crypto, with reported user adoption and strong backing. But permissioned validators, Foundation-controlled treasury, and a ~97% price decline tell you the market is not yet convinced that 'own your data' translates to token value.
ElizaOS ELIZAOS A well-built open-source AI agent framework whose founding company (Eliza Labs) is winding down amid a federal class action. The framework has daily commits and v3 in beta; the token is near zero with no value capture mechanism. Open-source users are fine. Tokenholders are not.
peaq PEAQ A well-engineered Machine Economy L1 with 60+ DePINs and enterprise partnerships, but the chain collects a rounding error in gas and the busiest app on it is shrinking.
Gensyn AI Serious ML research and strong open-source credentials, with a token that finally trades after a 29 April 2026 TGE. The training-network mainnet is still unfinished, governance is team-controlled, and 54.6% of supply sits with insiders. A credible research bet now with a live market price attached.
Nillion NIL A pivot from private AI compute to Encrypted Markets, with Covenants now live on Ethereum. Credible cryptography and a reset leadership team, but usage is in its first weeks, Covenant fees bypass NIL holders, and the market maker scandal still weighs. Revenue remains absent.
The strongest decentralised pre-training story in DeAI. Consilience 40B pre-trained over the internet on Psyche, though Nous hasn't published how far through its 20-trillion-token data mix the run got. Hermes 4.3 trained start-to-finish on the same network. The catch sits in the cap table. A $1B SAFT round led by Paradigm puts venture capital between the technology and any future public token holder, and TGE terms are still unannounced.
Fetch.ai / ASI Alliance FET Functional agent runtime and open-source foundation, but the merger has been messy, usage metrics are opaque, and core products are centrally operated.
Auki AUKI Auki ships a working retail spatial-AI product with one externally documented pilot and an honest, OpenZeppelin-acknowledged centralisation posture. The tokenomics design is unusually disciplined for a 2024 launch. The economic flywheel is trivial today: trailing-year on-chain fees are small, falling and deeply negative net of incentives. The 40,000-stores figure that surfaced in DeAI commentary is unsourced and most likely a confusion with an unrelated retail-closure headline.
Allora Network ALLO Notable 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 lift circulating supply by roughly two-thirds.
Sentient SENT An $85M seed from Founders Fund and Pantera, and OML is a genuine innovation. But GRID mainnet is not live, there is zero revenue, and November 2026 VC unlock looms.
NuNet NTX An architecturally honest orchestration stack attached to a token whose supply cap turned out to be a sentence on a website. On 19 September 2026 a compromised deployer key minted 40.9% of the published maximum in one transaction and sold it, and the contract stopped it only by freezing every holder on the leg. The Apache 2.0 codebase, the multi-chain settlement and the plausible device count all still stand. The custody model underneath them does not.
Warden Protocol WARD An AI agent L1 from Qredo/Binance alumni. The 60M agent runs headline includes off-chain counts we can't verify, and the chain's own transaction history can't be counted from public nodes. Inflated user numbers, proprietary core modules, 42% insider allocation, and a sustained ~98% decline since the Feb 2026 peak demand caution.
Retired its two shipping agents in March 2026 and returned user funds, then relaunched as a single unified agent whose headline activity is a stale snapshot with no verifiable current AUA or fees. The ZKML pillar that brands the project is still roadmap and rests on a single committer.
Intelligent Internet FC Strong open-source AI output (10 models, 20 datasets on HuggingFace) and a functional coding agent, but no chain, no token, and execution depends on a controversial founder. Watch closely.
io.net IO The IDE burn went live on-chain in June 2026 and every epoch we have indexed reconciles to the chain, but the client purchases io.net says fund it are self-reported, and demand-driven emissions are still off. Revenue is ~$12.5M annualised, below the $20M+ once implied. Closed-source core, no governance, and inflated GPU metrics persist. A centralised GPU marketplace with a token, not a decentralised protocol.
ZetaChain ZETA The best consumer-facing encrypted AI memory we have reviewed, bolted to a token whose only surviving job is to be held. Anuma's memory is ciphertext on your device and plaintext on Anuma's wire. The chain that gave ZETA gas, staking and a vote has voted to switch itself off, and the credit programme the migration pitch leans on is an off-chain ledger the company reprices at will.
Virtuals Protocol VIRTUAL The dominant AI agent launchpad, now spanning Base, Solana, Ronin, Arbitrum, and XRP Ledger, with on-chain fees it shares with agent creators. Centralised inference infrastructure and pump-and-dump agent token dynamics persist, but the Unicorn launch system shows a platform maturing beyond its pump.fun origins.
Grass GRASS Impressive scale and reported 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 the only revenue figures come from one commissioned review that carries no audit opinion. The widest airdrop in Solana history doesn't make a network decentralised.
A functional open-source agent infrastructure stack attached to a paused DePIN mining programme. Strong GitHub traction (800-plus stars on the agent SDK), doxxed New York team, multi-chain HEU contracts. But the mining season has been paused since 18 January 2025, the agent payment layer settles in USDC rather than HEU, and the token is more than 99% below its December 2024 all-time high on persistent insider vesting against a float of about a quarter of supply. The product is underwriteable; the decentralisation narrative is currently aspirational.
Render Network RENDER Hollywood rendering demand with paying studio customers. But permissioned network, proprietary core, and OTOY controls everything.
Sahara AI SAHARA Strong academic credentials, shipping 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.
Aethir ATH The best revenue story in DeAI, attached to the worst decentralisation credentials. Governance is promised but not deployed, and this remains an enterprise GPU business with a token.
Ora Protocol ORA The oracle stopped serving in September 2025, leaving five requests unanswered, and the team repointed the Ora name at an AI trading-fund product that does not use the token. The standards work and the immutable contract survive. The protocol does not.
OpenServ SERV Honest operator, credible research, immature implementation. The BRAID preprint and a credentialed external co-author check out, and the TypeScript SDK is properly open. Everything around them overstates: 122x marketing against a 74x paper, '400+ services' against about 31, an 'outside adoption' story that is roughly $1.3M of launchpad micro-caps, a flagship enterprise proof nobody can locate, and a buyback-burn that has never run on-chain. No security audit for a token live on two chains. Read this as Freedom 24/F and Returns 34/F, with the research the only part that earns credit.
Cookie DAO COOKIE A legitimate AI agent analytics product with an industry-cited metric and first-mover advantage. But the 'DAO' label is marketing: zero open source code, no verifiable governance, fully centralised infrastructure.