Professional Documents
Culture Documents
Singularity NET
Singularity NET
Singularity NET
PRESENTATION
FOUNDED BY DR. BEN GOERTZEL
BY
WHAT IS
SINGULARITYNET?
SingularityNET is a decentralized, open-source platform for
artificial intelligence (AI) and machine learning (ML) services.
It aims to create a decentralized marketplace for AI
services, where individuals and organizations can share and
monetize their AI models and algorithms. The platform is
built on the Ethereum blockchain, and uses its own
cryptocurrency, AGI token, to facilitate transactions and
incentivize participation in the network.
Trading Markets:
Binance, KuCoin, Uniswap
Token: AGIX
MAX Supply:
2,000,000,000
Total Supply
60%:
1,249,584,777
Market Cap
$248,629,393
Token Distribution: A portion of the tokens distributed during the initial coin offering (ICO) and the rest held in
reserve for future development, partnerships, and community initiatives.
Token Use: AGIX tokens are used to access and pay for AI services on the SingularityNET marketplace, as well
as to reward developers and other contributors for providing and improving services on the platform.
Token Incentives: AGIX tokens are also used to incentivize the creation and sharing of AI models and algorithms
on the platform, as well as to encourage participation in the governance of the network through a decentralized
autonomous organization (DAO)
Token Buyback: SingularityNET team is also doing a buyback program, where they are buying back AGI tokens
from the market to support the token's value and also to support the DAO treasury.
They already open up the AI Marketplace
and AI Publisher.
They also use AGI Development which is
like human-level intelligence.
SingularityNET is decentralized and also
open source.
Pro Cons
Decentralized: SingularityNET is built on a
Complexity: The decentralized nature and
decentralized, blockchain-based platform,
interoperability of SingularityNET can make it
which allows for increased security and
more complex to use and understand,
transparency.
especially for those without a strong technical
background.
Interoperability: The platform allows for
interoperability between different AI models,
Scalability: As the platform is still in
enabling them to work together and
development, it may face scalability issues as it
potentially improve their overall performance.
continues to grow in popularity and usage.
Community-driven: SingularityNET is a
Adoption: The success of SingularityNET will
community-driven project, with a large and
depend on the extent to which developers,
active community of developers and users who
businesses, and users adopt the platform and
contribute to the development and
use its services.
improvement of the platform.
Personal thoughts
In my opinion, SingularityNET will be one of the biggest players in
the AI industry.
Looking at the Marketcap we have ATM, I think
it can easily reach 1B Marketcap in the next 2
years.