Introduction to SingularityNET
SingularityNET aims to create a decentralized foundation for the global economy for AI services, one of the fastest growing industries in the last decade.
AI will increase in the coming years, due to the increasing number of companies and the large amount of money invested in its research and development every year.
Who are the founders of SingularityNET?
SingularityNET has a large team of scientists, developers, researchers, and AI engineers. It is Dr. Ben Goertzel (CEO and Chief Scientist of SingularityNET) founded it with Simone Giacomelli and Dr. David Hanson.
Dr. Ben Goertzel is an established leader in the AI and robotics industry and has a long history of working with leading technology companies including Hanson Robotics and the OpenCog Foundation. He also serves as Chief Scientist of Mozi Health and Vice President of Humanity+.
Simone Giacomelli is an entrepreneur and entrepreneur who previously worked for the crypto consultancy Cryptodex. He left SingularityNET in March 2019 and focused on technology R&D lab Vulpem, which he founded in 2015.
Dr. David Hanson is the third co-founder of SingularityNET. He has a long and varied history in the robotics industry, working at Disney between 1998 and 2001 before setting up several robotics startups – including Human Emulation Robotics, the Initiative for Awakening Machines and Hanson Robotics over the years twenty years ago.
AGIX stock price history
AGIX started on June 19, 2018 with an opening price of $0.53, according to CoinMarketCap, and hit a daily high of $1.86 the next day. But the stock could not sustain this and eventually fell below its launch price within a fortnight. This decrease remained characteristic for the next three years and the AGIX dropped to a low of $0.007497 on March 13, 2020.
It started to run again in early 2021. This is after a government vote to expand the project to tokens on the Cardano blockchain. AGIX hit a high of $0.29 on Feb. 13, but it continued to gather in the following months. CoinTelegraph spoke at the conference on its Cardano extension, the SingularityDAO DeFi project, and a two-layer solution that allows developers to create their own tokens using SingularityNET. AGIX then hit a high of $0.57 on April 12.
It managed to rise higher after the end of the year when it reached $0.65 on September 5. But AGIX was not able to maintain this high value and fell for the rest of this year and next. It fell below the $0.10 psychological barrier on March 4, 2022, closing at $0.08968 that day, before a brief recovery above the $0.10 level until May 5 and staying there, falling further.
At the time of writing on August 12, SingularityNET is trading at more than $0.05 with a market value of more than $62 million, a distribution of 1.07 billion AGIX and a total of more than 1.178 billion.
What makes SingularityNET unique?
SingularityNET is the first platform that makes it easy for developers to sell their AI tools and libraries and allows consumers to test any AI service offered on the market to see if it meets their needs. them before you buy. ‘pay the bill. In addition, those seeking specific AI services can also access SingularityNET’s large community of AI experts through the Request for AI (RFAI) portal – which makes it easy for customers to order new AI applications. , where developers can get AGIX tokens by completing. these laws.
The value of the AGIX token has come from the development of the SingularityNET ecosystem. In October 2020, SingularityNET released the SingularityNET Enhancement Proposal (SNEP), giving AGIX holders the opportunity to vote on changes to network services. While in March 2020, a feature was added that allows users to add their logo
Together with Hanson Robotics, SingularityNET recently started a joint venture known as Awakening Health, which develops products that use AI for health purposes. Its first product was Grace, a human assistant for healthcare companies.
How to buy SingularityNET in four steps
The whole process can take about 15 minutes, and all you need is a phone or computer, an internet connection, a photo ID, and some form of payment.
Consider Crypto Exchange
The easiest way to buy SingularityNET is through a cryptocurrency exchange. A comparison in the table below allows you to find the one with the features you want, such as low fees, ease of use, or regular customer support.
Create an account
To create an account on Exchange, you will need to verify your email address and identity. Have a photo ID ready on your phone.
To invest
Once approved, you can deposit using the payment method that is most convenient for you – payment by bank transfer, debit card, neteller and credit or debit card are accepted.
Buy SingularityNET
You can now exchange your money for SingularityNET. With easy to use exchange, just enter the amount you want to buy and click buy. If you wish, you can withdraw your SingularityNET from your wallet
WHERE TO SAVE AGI
As AGI is an ERC20 token, you need to store it in a wallet that supports ERC20. A recommended option is a hardware wallet like the Ledger Nano S. If you don’t want to shell out money for a hardware wallet, you can use MyEtherWallet for free.
Later, SingularityNET may leave the Ethereum blockchain and join its own chain or that of another platform. When this happens, you will need to transfer your AGI tokens to the official SingularityNET wallet. Watch out for an announcement from the team if/when this happens.
