What Is Singularitynet (Agix) ?

SingularityNET (AGIX) is a blockchain-supported platform that provides a globally accessible AI marketplace, enabling anyone to easily "create, share, and monetize" AI services. Let's explore the SingularityNET project, its founders, AGIX token statistics, and what sets it apart.

SingularityNET (AGIX) Project: SingularityNET is fundamentally a blockchain project that offers decentralized artificial intelligence solutions. Through the SingularityNET marketplace, users can explore a variety of AI services using the platform's native utility token, AGIX. The marketplace serves as a point of sale for AI developers to publish, sell, and easily monitor the performance of their AI tools.

Moreover, those in need of specific AI services can access SingularityNET's extensive community of AI experts. Users can also access various services through the Request for AI portal (RFAI), allowing easy deployment of new AI tools. Developers earn AGIX tokens in return for offering these products.

Founders of SingularityNET: SingularityNET boasts a diverse team of scientists, developers, researchers, and engineers dedicated to artificial intelligence. Founded by Simone Giacomelli and Dr. David Hanson, along with Dr. Ben Goertzel serving as CEO and Chief Scientist.

• Dr. Ben Goertzel: A seasoned professional in the AI and robotics industry, Dr. Ben has a significant history, having worked with advanced technology companies such as Hanson Robotics and the OpenCog Foundation.

• Simone Giacomelli: An entrepreneur and investor who previously worked for Cryptodex, a crypto consultancy firm. Simone left the SingularityNET project in March 2019 to focus on Vulpem, the technology R&D lab he founded in 2015.

• David Hanson: The third co-founder of SingularityNET. With a background in founding several robotics ventures over the past two decades, David Hanson has experience with initiatives like Human Emulation Robotics and Hanson Robotics.

AGIX Token Statistics: AGIX is primarily an ERC-20 token created on the Ethereum blockchain, with a maximum supply of 2,000,000,000 tokens. It serves as a utility token for governance and staking within the SingularityNET platform. The token operates not only on the Ethereum blockchain but also on the Cardano blockchain.

Token distribution after the 2017 ICO is as follows:

• 50% - Sale
• 20% - Early developer and partner incentives
• 18% - Core team members
• 8% - SingularityNET Foundation for the platform's long-term development
• 4% - Security rewards

What Sets SingularityNET (AGIX) Apart? SingularityNET is the first platform that facilitates the sale and testing of AI tools through the creation of a marketplace, allowing buyers to evaluate AI services before making payments.

The utility of AGIX tokens has evolved with the development of the SingularityNET ecosystem. Features such as SingularityNET Enhancement Proposal (SNEP) and staking were introduced, enabling AGIX holders to vote on network operations and stake their tokens for rewards.

Recently, SingularityNET collaborated with Hanson Robotics to launch a joint venture called Awakening Health. This collaboration aims to develop AI-driven products for healthcare, with the initial product being Grace, a humanoid AI assistant for the healthcare sector.

Frequently Asked Questions about SingularityNET (AGIX):

• What is SingularityNET? SingularityNET is a blockchain platform that brings together services and products in the field of AI globally, connecting both providers and users.

• What is AGIX token? AGIX is an ERC-20 token created on the Ethereum blockchain, serving as the native utility token of the SingularityNET platform.

• Is AGIX a coin or a token? AGIX is fundamentally a token, not a coin. While many investors use the term "coin," tokens are created on a specific blockchain following certain standards, whereas coins have their own native networks. AGIX is an ERC-20 token created on the Ethereum blockchain.