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SingularityNET

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AGIX
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1 AGIX = 0.5572 USD
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What is SingularityNET?

SingularityNET is a leading decentralized AI marketplace. Established in 2017 by a team of proficient AI scientists, developers, and researchers, SingularityNET aims to democratize the access and monetization of AI services. This blockchain-powered platform facilitates a global marketplace where users can effortlessly create, share, and monetize AI services, fostering a collaborative environment for both AI enthusiasts and developers.

SingularityNET was founded by Dr.Ben Goertzel, Simone Giacomelli and Dr. David Hanson. This innovative platform is not just a marketplace but a hub that nurtures the development of advanced AI frameworks like "OpenCog", aspiring to reach a pinnacle known as "advanced general intelligence", a state where AI can potentially surpass human-level intelligence. The team is also training Sophia, the world's most expressive robot, with the ambition to enhance her understanding of human language to unprecedented levels.

Resources

Whitepapers: https://public.singularitynet.io/whitepaper.pdf

Official website: https://singularitynet.io/

How Does SingularityNET Work?

At the core of SingularityNET lies a decentralized marketplace, a haven for AI developers to publish and monetize their AI tools seamlessly. This marketplace operates as a dynamic ecosystem where users can explore, test, and purchase a plethora of AI services using the platform's native utility token, AGIX. Moreover, it offers a transparent platform where developers can monitor the performance of their AI tools, fostering an environment of growth and innovation.

Furthermore, SingularityNET introduces a unique feature known as the Request for AI portal (RFAI), a community-driven initiative that bridges the gap between AI specialists and customers. Through this portal, customers can commission new AI tools tailored to their needs, while developers have the opportunity to earn AGIX tokens by fulfilling these requests. This symbiotic relationship nurtures a community where innovation meets demand, propelling the AI industry to new heights.

What is AGIX Token?

AGIX is the native currency of the SingularityNET ecosystem, facilitating transactions and interactions within the marketplace. This utility token has undergone significant evolution since its inception, adapting to the growing needs and developments of the SingularityNET platform. In October 2020, the platform introduced the SingularityNET Enhancement Proposal (SNEP), empowering AGIX holders with the ability to vote on modifications to the network's operations. Moreover, a staking feature was incorporated in March 2020, allowing users to stake their tokens, thereby fostering a more engaged and active community within the network.

SingularityNET's Impact on Finance

The Chia Network stands as a testament to the potential for innovation and sustainability in the cryptocurrency sector. Its environmentally friendly infrastructure promises not only reduced energy consumption but also a more secure and decentralized network. By focusing on storage space rather than computational power for securing the network, Chia presents a viable solution to the escalating concerns regarding the environmental impact of cryptocurrencies.

Moreover, the Chia Network is poised to significantly influence the financial sector by facilitating cross-border payments, escrow services, and institutional custody through its blockchain platform. With the development of its own smart contract programming language, Chialisp, the network is gearing up to launch decentralized financial applications, potentially rivaling established platforms like Ethereum.

What Determines SingularityNET's Price?

In the fast-paced cryptocurrency market, the SingularityNET (AGIX) price is influenced by several factors, making predictions on the AGIX crypto price complex yet essential for investors. One of the primary elements steering the SingularityNET price prediction is its innovative integration of artificial intelligence (AI) and blockchain technology. The decentralized AI marketplace created by SingularityNET serves as a fertile ground for developers and users, fostering a collaborative environment where innovation meets accessibility. The current AGIX token price is closely tied to the platform's mission to democratize AI, positioning it at the forefront of the AI and blockchain revolution. Investors interested in cryptocurrency investment in AGIX should pay close attention to developments in the AI sector, as the AGIX coin market cap is poised to grow in tandem with the expansion of AI applications.

Moreover, the AGIX token price in USD often reflects the token's utility and versatility within the SingularityNET ecosystem. Serving as a critical component of transactions on the platform, fluctuations in the AGIX live price chart often mirror the demand for AI services and products available in the marketplace. The multi-chain compatibility of the AGIX token enhances its liquidity and growth potential, aspects that are highlighted in various SingularityNET (AGIX) price analyses and AGIX cryptocurrency price forecasts. The decentralized nature of SingularityNET, powered by smart contracts, guarantees a transparent and equitable environment for stakeholders, potentially elevating AGIX coin's future prospects.

Looking towards 2023 and beyond, AGIX price predictions hinge on SingularityNET's ambitious plans to develop a comprehensive Artificial General Intelligence (AGI) system. This initiative, aimed at creating a system with human-like functionalities and self-improvement capabilities, marks the zenith of AI development.

Conclusion

In conclusion, SingularityNET emerges as a beacon in the decentralized AI marketplace, fostering innovation and collaboration through its blockchain technology. Established in 2017 by a distinguished team of AI experts, the platform facilitates a vibrant ecosystem where users can create, share, and monetize AI services using the AGIX token. As the nexus of artificial intelligence and blockchain network, it promises not only to revolutionize the AI sector but also offers robust investment opportunities in the cryptocurrency space. As it navigates towards achieving Artificial General Intelligence, keeping an eye on SingularityNET's advancements could be pivotal for investors and enthusiasts alike, potentially offering substantial returns and steering the AI and blockchain network sectors to new horizons.

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coin.24Hcoin.7dayscoin.30dayscoin.90dayscalculator.common.one_yearcoin_market.all_time
+0.32%-4.25%-15.81%+14.26%+136.61%+457.20%

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24h$0.5477$0.5725
7d$0.5192$0.5839
30d$0.5075$0.6755
90d$0.3525$0.7795
1y$0.2147$1.46
coin_market.all_time$0.007497(2020-03-13, coin_market.years_ago )$1.86(2018-01-20, coin_market.years_ago )

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+0.32%
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$1,114,392,787.79
+0.32%
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$187,059.04
+46.42%
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0 AGIX
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1.38B AGIX
2B AGIX
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1
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153(#207)
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987
+9%
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206(#117)
-8%
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0.02%
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20
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40
-18%
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0
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AI Tokens in Chopping Range: Can FET and AGIX Break Out?
AI Tokens in Chopping Range: Can FET and AGIX Break Out?

AI coins are currently stuck in a chopping range, showing no clear price direction. Market sentiment has shifted as investors await real-world utility from AI blockchain projects. Broader crypto market conditions and external factors contribute to AI coins’ price stagnation.

CoinEdition2024-10-24 16:00
SingularityNET ecosystem replays the merger, can the combination in the Web3+AI field achieve 1+1+1>3?
SingularityNET ecosystem replays the merger, can the combination in the Web3+AI field achieve 1+1+1>3?

SingularityDAO, Cogito Finance, and SelfKey announced plans to merge and form a new project focused on the tokenization of the artificial intelligence (AI) economy called Singularity Finance (SFI). According to the introduction, the new entity will provide a Layer 2 network for tokenizing assets (such as GPUs) and offer AI-driven financial tools.

Chaincatcher2024-10-17 18:15

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Is SingularityNET (AGIX) a good investment?

The SingularityNET AGIX cryptocurrency is a promising addition for those looking to diversify their crypto portfolio, especially if they're focused on cutting-edge, AI-centric tokens. As AGIX represents an AI-driven blockchain, its value could surge alongside growing interest in AI blockchain projects. Potential growth in SingularityNET's price may be spurred by continuous platform enhancements. Factors boosting its appeal include network upgrades, strategic partnerships, integrations, and funding—all pivotal for AGIX's price trajectory. Furthermore, the broader market sentiment plays a pivotal role in SingularityNET's valuation. A bullish outlook on digital assets could lead to increased demand, propelling the AGIX token's market value.

What is AGIX price prediction?

Forecasting an exact AGIX price trajectory over a specific duration is challenging, but several core indicators provide insight into its potential price fluctuations. Key factors to consider are: On-chain Activity Dynamics Increased utilization of SingularityNET by developers and consumers can boost on-chain activity. As the platform gains traction, AGIX's demand and valuation could rise. Elevated activity often translates to heightened investor trust, leading more to incorporate $AGIX in their asset mix. Platform Enhancements The release of innovative features bolstering SingularityNET’s utility can positively impact AGIX's market value. Additionally, announcements of fresh partnerships or investments in the project can further amplify SingularityNET cryptocurrency's allure. Investor Sentiment The broader investor mindset significantly influences AGIX's market value. A bullish market perspective can induce a surge in crypto investments, propelling SingularityNET's valuation. In contrast, a downturn in sentiment can trigger sell-offs, potentially undercutting the AGIX market price.

What is the use case of Agix?

GIX, the flagship cryptocurrency of SingularityNET, serves multiple pivotal roles within its ecosystem. Key functionalities include: Transaction Medium AGIX facilitates payments within SingularityNET, allowing users to access AI services. In return, AI agents earn $AGIX tokens for their contributions to the platform. Staking Opportunities By staking $AGIX, token holders can endorse specific agents, enhancing their stake-rank. High stake-rank and reputation-rank agents are poised to reap more rewards, with stakers benefitting from shared earnings. This mechanism offers a passive income avenue for AGIX holders. Decentralized Decision-making $AGIX ownership grants users a voice in SingularityNET's governance. Through SingularityDAO, holders can influence the project's trajectory by voting on pivotal proposals. Trading & Investment Asset The SingularityNET token, AGIX, is tradable against other cryptocurrencies, offering opportunities for capitalizing on market shifts. Whether you're buying, selling, or holding AGIX on platforms like the Bitget exchange, always ensure you conduct thorough research (DYOR) due to inherent crypto market volatilities.

Is AGIX decentralized?

AGIX is the native token of SingularityNET, a decentralized AI platform that aims to make AI more accessible and affordable for everyone. SingularityNET allows anyone to create, share, and monetize AI services, using AGIX tokens to facilitate transactions.

How can i stake AGIX?

Here's a step-by-step guide to staking AGIX and reaping rewards: Navigate to the Staking section on the SingularityNET platform. If you're new, create an account. Ensure your crypto wallet, which holds a sufficient number of AGIX tokens, is linked to the app. If needed, purchase $AGIX from platforms like Bitget, then transfer them to your wallet. On the SingularityNET dApp, initiate the AGIX staking process. You have the option to lock them for a 30-day period, after which you can either withdraw or extend your staking duration. Specify the quantity of AGIX tokens you wish to stake. Before finalizing, review details like the current pool size, available rewards, and potential earnings. Confirm the action in your wallet. Relax and watch your rewards accumulate as you stake your AGIX with SingularityNET

Does SingularityNET have a future?

SingularityNET provides many benefits to both AI and blockchain networks. For example, the protocol provides an efficient and reliable way for businesses and researchers to tap into the endless earning potential AI solutions offer. Especially after the big breakthrough of AI at the start of 2023, the future for SingularityNET and its AGIX token are bright.

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buylow
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insight397/500
156.72%
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price_sidebar.total_pnl $3,860,531.29
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insight723/1300
18.56%
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price_sidebar.total_pnl -$1,173.39