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AGIX
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SingularityNET
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What is a SingularityNET (AGI)?

SingularityNET is a decentralized blockchain trading platform for artificial intelligence (AI), where the AGI token is used to access the market,make payments, and grant voting rights. 

The project was launched in 2017 and operates in a decentralized information sector, much like Ocean Protocol or Fetch.ai. Many teams have pointed to the danger of the world's data being controlled by a small number of large technology companies. Singularity aims to change this by operating as a public artificial intelligence network.

The scalable beta version of its decentralized artificial intelligence network allows developers to publish AI services on the SingularityNET network, making them available to everyone. Developers can then monetize the use of their services, with users having to pay with AGI tokens.

Thus, the project currently positions itself as an AI-as-a-service market. The team has also taken steps to facilitate adoption with the platform's built-in gateway between fiat and cryptocurrency.

SingularityNET has many high-profile partnerships, such as PayPal, Dominos Pizza, Cisco, and BitSpace.

What makes SingularityNET unique?

The uniqueness of the project is that SingularityNET will turn into a self-organizing network of artificial intelligence. AI agents will work on the network autonomously and even outsource work to each other for further development of the system.

The true value of SingularityNET: it is a decentralized system for collecting data around the world with methods for their secure and anonymous analysis.

Who is the creator of SingularityNET (AGI)?

Behind the creation of the project is a team led by Dr. Ben Goertzel and experienced engineers, scientists, researchers, entrepreneurs and marketers. The core AI platform and teams are complemented by specialized teams dedicated to application areas such as robotics and biomedical AI. 

The robot Sofia, which is a project of the company SingularityNET, the most expressive robot in the world - one of the brightest examples of the team's achievements.

SingularityNET works with companies, governments, nonprofits, and other organizations to solve problems on a global scale. Together, they are innovating in the emerging world of artificial intelligence to create stronger communities and improve the world of tomorrow.

How many SingularityNET (AGI) tokens are in circulation?

The AGI token is the internal currency of SingularityNET. It is specifically designed to be a highly efficient tool that an AI can use to pay for services to other AI's. 

With a maximum supply of 106,285,390 AGIX, $ {circulating_supply} tokens are in circulation. 

At the moment, the value of the AGI token is 0.328601 USD, with a daily trading turnover of 9,846,725 USD, and a market capitalization of 328,601,000 USD.

How is the SingularityNET network protected?

The current prototype of SingularityNET uses the Ethereum Proof-of-Work (PoW) protocol, but plans are considering changing the consensus, possibly to the delegated Proof-of-Stake (DPoS) blockchain.

Summary

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  • Make sure you secure your 24-word recovery phrase properly.
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