1. Institute Review
$AGIX and $FET are hot topics in #crypto as #AI projects are gaining attention. SingularityNET aims to be the key protocol for networked AI (Networks AI) and the implementation of autonomous machine learning tools to form a coordinated Artificial General Intelligence), realizing various AI algorithms from image recognition to natural language processing, interacting flexibly in real time, learning and repairing continuously, and eventually becoming an AI blockchain that perfectly serves all human industries.
2. Recent breakout point
3. Project Introduction
SingularityNET is a collection of open source protocols and smart contracts for coordinating a decentralized marketplace for AI services. Within this framework, the benefits of AI become a global public infrastructure for the benefit of all; anyone can access AI technology or become a stakeholder in its development. Anyone can add AI/machine learning services to SingularityNET for use by the network and receive payment tokens from the network in exchange.
4. Token Role
AGIX coins are used to implement four key mechanisms on its open decentralized platform: transaction, settlement, incentive and governance, i.e. developers or application users can pay or reward with AGIX coins for developing, testing, releasing their AI applications and scenario simulation operations on the platform. In addition, individual users or institutional users need to pay with AGIX coins when they retrieve industry domain AI codes or Dapps published on SingularityNET.
5. Token Economic Model
Total number of tokens: 2,000,000,000 (2 billion)
Current circulation 119,912,185 AGIX
December 21, 2017 to December 22, 2017 $0.1 cost to raise $3,280,000,000 and a personal online private placement of 5 ETH.
Private placement has been fully unlocked.
6. Project Highlights
7. Investment Institution
twitter: 78,000 people , telegram: 11,000 people
9. Future Outlook
The appeal of AI technology is growing, and SingularityNET has a stellar team of top AI industry founders. singularityNET's utility token, AGIX, has amassed huge gains over the past month, with a cumulative gain of about 742%. Last week Google announced an investment of nearly $400 million in AI startup Anthropic AI, which is developing a competitor to OpenAI's ChatGPT. 2019 also saw Microsoft invest $1 billion in AI startups and a follow-up $10 billion investment in OpenAI, the company behind ChatGPT. These investments by large tech companies suggest that AI is likely to continue to benefit in the coming months. This status quo could usher in a new era of adoption for SingularityNET, its native tokens, and the crypto industry as a whole.
Project Description: AGIX is a token issued by SingularityNET that can be used for transaction management and decentralized community governance. Users can pledge AGIX tokens to earn more income while holding them and to support the operation of their blockchain network.
Full token name: SingularityNET
Token name: AGIX
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