SingularityNET is an artificial intelligence product and service commerce platform built on blockchain technology. Launched in 2017, SingularityNET provides developers and companies with access to a decentralized artificial intelligence network where they can publish, share, and exchange their AI algorithms. me. Through a public API and decentralized marketplace, developers and AI service providers can reach potential customers more easily and conveniently than ever before.
SingularityNET's system is built with high flexibility and scalability, not relying too much on Ethereum. To ensure convenience and simplicity for developers, SingularityNET has created tools such as Daemon and SDK, making it easier than ever to integrate AI services.
Daemon is an important tool of SingularityNET, helping developers focus on developing AI applications without worrying about complex blockchain tasks. It allows to interact with Ethereum smart contracts and payments, as well as perform other blockchain tasks. Daemon's main services are payment support and translation requests. To make payments, Daemon interacts with the Multi-Party Escrow smart contract to ensure that the transaction is done securely and reliably. After payment requests are processed, the daemon translates them into an AI-readable format, making it easy for developers to integrate AI services into their apps.
SingularityNET uses Ethereum to host two very important smart contracts. The first contract is the Registry, where AI service providers register and provide detailed information about their products. The second contract is Multi-Party Escrow, which serves as a smart contract-based payment system that keeps payments from both end users and developers in escrow.
Now, SingularityNET has begun moving into phase 2 of the project, which includes the move to Cardano and the construction of Layer 2 networks. As a result, the tools will work using lower gas fees on Ethereum. SingularityNET's goal is to make it easy for developers to develop and deliver AI services on the blockchain in a convenient and reliable way.
A distinctive feature of the SingularityNET AI Marketplace is that it provides an exchange where AI developers can exchange and share their tools and services using the AGIX token. To facilitate exchange, SingularityNET provides APIs for standard AI services such as image and language processing, allowing developers to easily integrate these services into smart contracts. bright. These APIs also provide an easy-to-use interface for developers, which enhances interactivity and creativity in the SingularityNET community.
The smart contracts used on the platform not only support AI services, but also help facilitate other types of services, such as providing voting rights for governance issues. treat.
To make payments on AI Marketplace, users need to use a MetaMask wallet or a public wallet (PayPal) and the Multi-Party Escrow feature on the platform helps to ensure the safety and transparency of transactions. In addition, users can use the call feature to request a demo of the services listed on the platform.
At SingularityNET AI Publisher, developers can easily publish and manage their artificial intelligence (AI) services. In addition to providing advanced AI applications, the platform also provides beta testing and AI usage analysis tools to help developers optimize their services.
At SingularityNET, users can use the staking portal to lock their tokens and contribute to the AI Marketplace's activities, and can also receive rewards. After every 30-day cycle, users can withdraw their tokens.
SingularityNET is creating a multi-service AI ecosystem by launching a series of projects. The goal of the platform is to create demand for the AGIX token by putting SingularityNET's by-products to use across various sectors. These areas include DeFi, Robotics, Biotechnology, Arts and Entertainment (Music), and Enterprise-grade Artificial Intelligence.
Token Name: SingularityNET
Ticker: AGIX
Blockchain: Ethereum, Cardano
Token Standard: ERC-20
Contract:
0x5b7533812…d2681b542 (Ethereum)
f43a62fdc3965df486de8a0d32fe800963589c41b38946602a0dc535 (Cardano)
Token Type: Utility, Governance
Total Supply: 1,249,584,776 AGIX
Circulating Supply: 1,199,121,857 AGIX
The SingularityNET project's AGI tokens are allocated as follows:
The use cases of AGIX token include: use as payment currency on AI Marketplace, provide rewards for AGIX token holders participating in staking to ensure platform security, and use for voting in project management decisions.
AGIX is an ERC20 standard token, so users have many choices to store this token. AGIX storage wallets include:
AGIX currently has an average daily trading volume of about $400 million across various exchanges. Some of the exchanges that list AGIX include Binance, Kucoin, Gate.io or MEXC Global.
The SingularityNET project development team consists of leading experts in the field of artificial intelligence and other experts in technology, finance and governance. Some of the key members of the team include:
Dr. Ben Goertzel – CEO: Mr. Ben Goertzel is a respected computer scientist and artificial intelligence developer, with extensive experience in the development of complex artificial intelligence systems. He is also the author of several books on artificial intelligence, including "The Hidden Pattern: A Patternist Philosophy of Mind" and "A Cosmist Manifesto: Practical Philosophy for the Posthuman Age".
Dr. David Hanson – Chairman of the Advisory Board: As the founder of Hanson Robotics, Mr. David Hanson has developed many artificial robots that can interact with humans and has become one of the computer scientists and developers The world's leading artificial intelligence.
In addition, the SingularityNET development team includes many other experts in other areas such as business, marketing, finance and project management.
SingularityNET has established partnerships with many companies, organizations and governments around the world to develop AI applications and promote the growth of the global AI ecosystem. Here are some outstanding SingularityNET partners:
In addition, SingularityNET has other partners such as DeepBrain Chain, Alpha Proxima, True Global Ventures, Nexus, Artrendex, Hanson Robotics and many others globally.
SingularityNET has been around for a long time and recently the introduction of ChatGPT has attracted the interest of investors and helped increase the value of the AGIX token by more than 1,000%.
The basic knowledge about the project has been presented through this article, from which you can make investment decisions that are right for you. Good luck with your investment.
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