After SingularityNET ICO launching, the result seems to be in all’s lips, and everyone is talking about it.
With the emergence of different cryptocurrencies around the world, an intense rivalry has aroused on the market. More businesses are getting on the line to launch their unique ICO project. SingularityNET is one of the few companies that had successfully released Initial Coin Offering.
Based on reports, the company team has unexpectedly sold all ICO in just a minute and has reached the hard cap worth of $36 million. The ICO started on December 19 and lasted only for 24 hours. SingularityNET ICO price that day was USD 0.1000.
While I am writing this article, SingularityNET price hits USD 0.171960 and touches a market cap of USD 92,802,214.
This fantastic outcome is undeniably a strong indication that the perfect timing for SingularityNet has indeed come. The interest shown by the community is truly overwhelming.
Introduction to SingularityNET
It is a Swiss company that is based in the Netherlands.
SingularityNET aims to be the primary source of AI interaction on the web. It visualizes a combination of blockchain technology and good Artificial Intelligence creating a decentralized market industry for any distinctive types of AI products and services.
Generally, anyone can place AI on the internet, cover in API and declare it to SingularityNET. Any business may then request for it, and the developers will, of course, receive payments in the form of AGI tokens.
It is designed to become very valuable and to place the foundation for the appearance of an artificial cognitive organism. It carries intellect services to everyone. This will stimulate the occurrence of gradually powerful dispersed universal intelligence and will position AI to the welfares of everyone.
SingularityNET’s Dynamic and Flexible Software Design
SingularityNET is a highly technological structure for creating new varieties of smart contracts. It can provide AI interactions to market. The network is interoperable to many blockchains. All user data have privacy and sovereignty control. There are validation processes before anyone can access data information. It is flexible enough to produce customized topography, to recover quickly from failure and to help AI Agents arrange proper collaborations. Also, it protectively hosts public and private smart contracts within the network.
It is a non-profit foundation accountable for constructing, managing and quickening the system progression. With the excellent combination of AI Agents, affluent customer’s ecosystem and prosperous developer’s community, the network can perform well. Some of the main founding partners of SingularityNET Foundation are OpenCog Foundation which is the leading platform for AI and Hanson Robotics which is the creator of robot Sophia. Other founding partners are Vulpem, Novamente LLC, and Economic Space Agency.
The growth of SingularityNET brings a real advancement to the world. It helps every individual to cope with the progressive technology and fills the growing demand for Artificial Intelligence. The modern ecosystem needs an open AI source like of SingularityNET
The surprising level of investors’ response to SingularityNET ICO is a vibrant sign that everyone is really into blockchain.
The global community has made significant progress since the growth of Artificial Intelligence. AI, with near-limitless potential, has become the modern concept of the world and has changed the traditional way daily tasks are performed. It continues reaching the highest level of complexity similar to the human mind.
Business operations are now associated with AI technology, but most of them are having trouble where to acquire the services correctly. SingularityNET was created to fill these needs.
What is SingularityNET on the first place?
It is known as an open-source protocol and array of smart contracts for the decentralized industry of synchronized AI solutions. In this network, the use of AI is developed into a universal commons and is intended for the benefit of the majority. Any person can get AI technology and be considered a stakeholder in its progress. Individuals can place an AI or machine learning services to SingularityNET. It will be for network use, and its developer can collect network settlement tokens in return.
SingularityNET is built to be extremely beneficial for the community. The foundation is positioned for opening a long-term decentralized human-made reasoning and is made for future AI potentials. It is a wise format prompted by extensive theoretical pondering and prototyping of designer’s ideas.
The network is developed to bring AI solutions to individuals, organizations, and corporations. It will foster the rise of dominant AGI and will provide growing benefits to everyone.
It is based on Netherland and led by Dr. Ben Goertzel, CEO and Head Scientist of the team. Other members are David Hanson, Anton Kolonin, Simone Giacomelli, Linas Vepstas, Nil Geisweiller and many more. All team members and advisors are all experts and excellent in their assigned areas.
The AGI Tokens: Functions and Trading Sites
It empowers the SingularityNET structures to allow developers, organizations and companies trade AI. It will lower cost expenses and increases AI outputs.
AGI is listed on various market exchanges. Anyone can buy or sell the tokens in trading sites like Ethfinex (AGI/ETH, AGI/USD, AGI/BTC), Idex (AGI/ETH), Liqui (AGI/BTC, AGI/ETH, AGI/USDT), Tidex (AGI/BTC, AGI/ETH, AGI/USDT), ForkDelta (AGI/ETH), Radar Relay (AGI/WETH) and KuCoin (AGI/BTC, AGI/ETH). Supported trading pairs are included in each exchanges.
Details about its ICO
As the competition for the best cryptocurrency heats up, many businesses are getting on the trend to release their groundbreaking perceptions as well as ICOs. One that excels is SingularityNET ICO which holds the record of fastest marketing ever.
With AGI as the token, it is undeniably one of the most successful Initial Coin Offering project made in the history. It has raised approximately $36,000,000 USD funds in a just single minute. The ICO was conducted on December 19 last year. SingularityNET ICO price is $0.1 USD.
AGI started its bull run in January. As of this moment, the SingularityNET price is $0.143302 USD with a market capitalization of $77,336,258 USD.
With the successful result of SingularityNET ICO, experts believe that the value of AI market will increase to $3,100,000,000,000 by the year 2025.