SingularityNET price is $0.53637100
| Market Rank | #280 |
|---|---|
| Market Cap | $ 193.1M |
| Volume 24h | $ 0.4M |
| Circ. Supply | 360.1M |
| Total Supply | 499.5M |
| Max Supply | 2.0B |
| Genesis Date | 21/12/2017 |
SingularityNET (AGIX) price is currently $ 0.53637100, having decreased by -3.68% in the last 24 hours.
SingularityNET is a blockchain-based, decentralized marketplace specifically designed for Artificial Intelligence (AI). It serves as a bridge by narrowing the existing gap between the developers of AI tools (typically researchers and academics) and businesses that require their services. It provides a platform where diverse AI projects can interact and collectively work toward more customized solutions than a single AI project might offer. Furthermore, it enables AI projects to have access to large data sets which are crucial for effective machine learning.
The development team of SingularityNET is composed of over 50 AI developers and 10+ PhDs led by Dr. Ben Goertzel, the Chief Scientist and CEO. Besides leading SingularityNET, Dr. Goertzel also chairs the OpenCog Foundation and the Artificial General Intelligence Society. He serves additionally as the Chief Scientist at Hanson Robotics. Hanson Robotics has a significant role in bringing SingularityNET to life, with Dr. David Hanson, founder of Hanson Robotics, serving as the Robotics Lead on the project. Dr. Hanson is renowned for creating Sophia, one of the most expressive humanoid robots and a proud member of the team.
The AI Agents within the network of SingularityNET interact in complex ways to provide AI solutions. For instance, Sophia, the humanoid robot developed in-house, utilizes a wide range of AI Agents for operations like natural language processing to physical motor controls. When Sophia is tasked to summarize a video embedded in a webpage, Agent A is signalled, who then coordinates and deploys Agent B and Agent C, specializing in video analysis and text summarisation respectively. Transactions and coordination work are facilitated through the AGIX token, offering an incentivizing model to AI Agents for their services.
SingularityNET stands unique with its proposition of a decentralized protocol for interaction amongst creators and users of AI. The network incentivises collaborations, enabling individual AI systems to leverage the strengths of others, achieving more robust solutions. SingularityNET envisions itself as a self-functioning AI system, with nodes making autonomous decisions to connect services. This vision manifests as an AI marketplace where AI services and products are traded, creating revenue and establishing price points for the AI.
SingularityNET currently boasts a circulating supply of 360.1M AGIX.
SingularityNET, being a blockchain-based platform, stands secure due to the inherent by design principles offered by blockchain technology. It provides transparency in every transaction, with actions being recorded in a distributed ledger system.
AGIX, the native token of SingularityNET, can be currently purchased on the following exchanges: Coinone, BTCTurk, Mercado Bitcoin, Indodax.
Yes, SingularityNET is an open-source project hosted on GitHub. This provides the AI community and other interested individuals full transparency and the ability to contribute to the development of the project. It's one of the reasons why SingularityNET has a very active community of AI developers and users.
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