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What is SingularityNET (AGIX)?

SingularityNET basic info

Name:SingularityNET
Ticker:
Introduction:

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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Current price:
All-time high:$3.46
All-time low:$0.007497

AGIX supply and tokenomics

Circulating supply:0 AGIX
Total supply:1,376,451,173.97 AGIX
Max supply:2,000,000,000 AGIX
Market cap:$0.00
Fully diluted market cap:$1.12B
Token allocation:
Token Sale
50.00%
Reward Pool for Early Users, Developers and Partners
20.00%
Core Team
18.00%
SingularityNET Foundation
8.00%
Bounty Programs
4.00%
Tokenomics:

Uniqueness

SingularityNET is the first platform that makes it easy for developers to sell their AI tools and libraries and enables buyers to test any AI service provided on the marketplace to see if it meets their needs before making payment.

On top of this, those in need of specific AI services can also tap SingularityNET’s extensive community of AI specialists through the Request for AI portal (RFAI) — which allows customers to easily commission a new AI tool, while developers can earn AGIX tokens by filling these requests.

The utility of the AGIX token has evolved with the development of the SingularityNET ecosystem. In October 2020, SingularityNET launched its SingularityNET Enhancement Proposal (SNEP) feature, enabling AGIX holders to vote on changes to the network’s operations. Whereas in March 2020, a staking feature was added, enabling users to stake their tokens

In a collaboration with Hanson Robotics, SingularityNET recently released a joint venture known as Awakening Health, which develops products that leverage AI for healthcare purposes. Its first product is Grace, a humanoid assistant for the healthcare industry.

Links

Buy SingularityNET for $1Buy AGIX now

What is the development prospect and future value of AGIX?

The market value of AGIX currently stands at $0.00, and its market ranking is #4084. The value of AGIX is not widely recognized by the market. When the bull market comes, the market value of AGIX may have great growth potential.

As a new type of currency with innovative technology and unique use cases, AGIX has broad market potential and significant room for development. The distinctiveness and appeal of AGIX may attract the interest of specific groups, thereby driving up its market value.

What will the price of AGIX be in 2025?
Based on AGIX's historical price performance prediction model, the price of AGIX is projected to reach $0.7742 in 2025.
What will the price of AGIX be in 2030?
In 2030, the AGIX price is expected to change by +6.00%. By the end of 2030, the AGIX price is projected to reach $1.54, with a cumulative ROI of +161.69%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of AGIX and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is AGIX worth investing or holding? How to buy AGIX from a crypto exchange?

If you want to buy AGIX, the following information may be helpful for your investment decisions:
In the last 7 days, the price of AGIX has fallen by -24.56%, leading to negative returns for most AGIX investors. The market is currently pessimistic about the price trend of AGIX.
It is important to note that the current price of AGIX has retreated by -83.76% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether AGIX is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in AGIX or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of AGIX, if you want to buy or sell AGIX, you can consider Bitget for your trading needs. The best place to buy AGIX is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in SingularityNET has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy SingularityNET. Here's a step-by-step guide on how to buy SingularityNET on Bitget.

How to get SingularityNET through other methods?

Using cash to buy SingularityNET is not the only way to obtain SingularityNET. If you have the time to spare, you can get SingularityNET for free.
Learn how to earn SingularityNET for free through the Learn2Earn promotion.
Earn free SingularityNET by inviting friends to join Bitget's Assist2Earn promotion.
Receive free SingularityNET airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to SingularityNET through Bitget Convert, Bitget Swap, or spot trading.

What is SingularityNET used for and how to use SingularityNET?

The use case of SingularityNET may expand as the crypto market and the project itself develop. Currently, you can use AGIX to achieve the following goals:
Arbitrage by trading AGIX: Since AGIX is a frequently traded cryptocurrency, the price of AGIX is always fluctuating. Earn more AGIX by buying low and selling high on the exchange. Bitget spot market provides a variety of AGIX trading pairs to fully meet your needs.
Earn by staking AGIX: You can also generate income through financial management methods such as staking AGIX or lending AGIX. Bitget Earn offers a variety of financial products designed to help you earn more income from your AGIX.
Send or pay AGIX: If you want to give AGIX to your friends, a charity, or a fundraiser, or you want to pay someone with AGIX, you can quickly and easily send AGIX to the recipient through their payment address.
You can also go to the official website of the SingularityNET project to learn more about the use cases of AGIX. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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AGIX resources

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Links
SingularityNET WebsiteSingularityNET WhitepaperSingularityNET TwitterSingularityNET Github

AGIX price calculator

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AGIX
USD
1 AGIX = 0.5622 USD
Last updated (UTC-0)
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