SingularityNET (AGIX)
A Decentralized AI Platform and Marketplace.- SingularityNET is a decentralized AI platform and marketplace, aiming to build a "protocol for connecting AI and machine learning tools, as well as forming effective applications".
- In May 2021, Phase II of SingularityNET began. The AGI token was replaced by AGIX and the project launched on Cardano, with measures like building layer 2 solutions to encourage mass adoption.
- AGIX is the native token of the project. The current use cases for AGIX include:
- AI services: AGIX can be used to purchase AI services provided on the marketplace.
- Governance: AGIX token holders can vote and participate in governance of the network.
- Staking: Holders can stake AGIX over a 30 day staking period sessions to earn rewards in return for participating in network consensus
- The project consists of the following major components working in conjunction:
- AI Marketplace: The AI marketplace provides a number of AI-powered services that users can purchase.
- AI Publisher: A portal that allows AI developers to publish and monetize their products on the platform.
- Developer Portal: A collection of developer tools and SDKs to help developers build in the SingularityNet ecosystem.
- As of July 5th, 2022, the total token supply of AGIX token is 1,165,866,397 and the max supply is 2,000,000,000. The current circulating supply is 1,070,000,000 (54% of the max token supply).