The current price of Cortex is $0.28277. Since 00:00 UTC, Cortex has decreased by -1.19%. It currently has a circulating supply of 226,177,355 CTXC and a maximum supply of 299,792,458 CTXC, giving it a fully diluted market cap of $63.96M. At present, the Cortex coin holds the 241 position in market cap rankings. The Cortex/USD price is updated in real-time.
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Cortex (CTXC) aims to bridge the gap between blockchain technology and artificial intelligence (AI) by allowing developers to work with on-chain machine learning (ML) models. Compatible with the Ethereum Virtual Machine (EVM), Cortex empowers smart contracts to harness the capabilities of AI, making them more adaptable to real-world data and signals without relying on off-chain oracles.
What is Cortex
Cortex offers a groundbreaking solution for developing and running AI-powered decentralized applications (dApps). Although AI innovation is advancing rapidly, concerns about centralization persist. Cortex addresses this by bringing ML and AI models to the blockchain, providing developers with easier access and integration with smart contracts. By doing so, Cortex aims to democratize AI, making valuable data more accessible, reliable, and transparent.
Cortex has recently integrated ZkMatrix, a Layer 2 scaling solution powered by zero-knowledge proofs (ZK-proofs). This integration is expected to significantly increase Cortex's transactions per second (TPS) and reduce network fees, further enhancing the platform's efficiency and usability.
The Cortex team
Cortex Labs is the driving force behind Cortex, the first and only public chain to support on-chain execution of AI models.
The ecosystem is led by a team of experienced professionals, with Ziqi Chen being the co-founder and acting CEO. The team also includes Jia Tian as the CTO, Amy Chen as the COO, and Yang Yang as the Chief Blockchain Engineer.
How does Cortex work
Cortex is a decentralized platform that offers seamless integration of machine learning (ML) models within its ecosystem. Once uploaded, ML models can be freely utilized, benefiting from the immutability of the blockchain, which ensures the integrity and reliability of the models. The platform employs the Cortex Virtual Machine (CVM), which facilitates the execution of AI-powered smart contracts.
To facilitate the usage of AI models, Cortex provides a storage layer where developers can securely store their models. These models can then be called by smart contracts as needed.
Developers are responsible for creating, training, or acquiring AI models for on-chain usage. Once the models are prepared, they need to be made compatible with Cortex and uploaded onto the chain. Developers can then create various smart contract-powered dApps and integrate specific AI capabilities. This can include features such as identifying contract breaches or non-compliance.
The Cortex blockchain employs the Proof of Work (PoW) consensus mechanism, with Endorphin serving as a full node and the mining client.
Cortex’s native token: CTXC
CTXC, the native token of the Cortex ecosystem, serves multiple purposes within the network. Firstly, it is utilized as a means of payment for accessing the network's bandwidth and resources. Users pay CTXC tokens to developers or model owners in exchange for utilizing their AI models in smart contracts or dApps. Moreover, CTXC tokens are used to incentivize and reward miners who contribute to the security and operation of the Cortex network, ensuring its robustness and integrity. By serving these purposes, CTXC fosters the efficient functioning and growth of the Cortex ecosystem.
CTXC tokenomics
CTXC has a fixed supply of nearly 300 million tokens. The tokens are distributed to various stakeholders in the ecosystem, including dApp developers, AI model developers, users, miners, and the team members who contribute to the project's development and growth.
The road ahead for Cortex
Cortex is dedicated to enhancing model and data privacy, making strides to facilitate transparent and secure AI and ML integrations within its ecosystem. The platform's primary goal is to establish a strong infrastructure that enables seamless integration of AI and ML technologies while maintaining a strong focus on data privacy and security.
In addition, Cortex actively seeks collaborations with various platforms. A notable example is their partnership with Thalamus, where Cortex powers the NFT gallery. Such collaborations exemplify Cortex's commitment to staying at the forefront of the industry, solidifying their position as a leading player in the space.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 54 new posts about Cortex, driven by 11 contributors, and total online engagement reached 88K social interactions. The sentiment score for Cortex currently stands at 50%. Compared to all cryptocurrencies, post volume for Cortex currently ranks at 5038. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Cortex.
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Posts
54
Contributors
11
Interactions
87,721
Sentiment
50%
Volume rank
#5038
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Posts
53
Interactions
87,704
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CTXC FAQ
What is Cortex, and how does it work?
Cortex is an EVM-compatible blockchain that enables AI developers to seamlessly integrate AI and ML models into the decentralized blockchain ecosystem. By uploading their models to the Cortex chain in a compatible format, AI developers enable dApp developers to utilize these models within smart contracts and dApps, unlocking the potential of AI capabilities.
To enhance transaction speeds and reduce fees, Cortex offers a Layer 2 solution known as ZkMatrix. This solution aims to improve the overall user experience and scalability of the platform.
What are the advantages of using Cortex?
Cortex provides several advantages for developers seeking to enhance their smart contracts and dApps with AI capabilities. By leveraging Cortex, developers gain access to a wide range of credible AI models. The ecosystem promotes transparency and immutability, ensuring the integrity and reliability of the AI models utilized. Additionally, Cortex operates on a Proof of Work (PoW) consensus mechanism, enabling CTXC tokens to be mineable and serving as rewards within the ecosystem. This incentivizes network participants and supports the growth and development of the Cortex ecosystem.
What is the CTXC price prediction?
While it’s challenging to predict the exact future price of CTXC, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is Cortex worth today?
Currently, one Cortex is worth $0.28277. For answers and insight into Cortex's price action, you're in the right place. Explore the latest Cortex charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Cortex, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Cortex have been created as well.
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