Today’s market is highly competitive and companies are always looking for ways to win over their competitors. In recent years, artificial intelligence (AI) has become one of the most talked-about technologies that can help companies stay ahead of the curve. However, AI technology is expensive and complex and difficult for most companies to adopt.
This is where SingularityNET (AGIX) comes in. is a decentralized artificial intelligence platform based on two leading smart contract blockchains – Ethereum (ETH) and Cardano (ADA). It allows developers to create AI solutions quickly, easily and cost-effectively. SingularityNET is a blockchain-based platform that allows anyone to easily “create, share and monetize” AI services thanks to a global AI marketplace.
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What is SingularityNET (AGIX) cryptocurrency?
SingularityNET (AGIX) is a decentralized artificial intelligence (AI) platform based on two leading smart contract blockchains, Ethereum (ETH) and Cardano (ADA). The platform allows anyone to create, share, promote and monetize AI products and services. As a complete AI solutions provider, SingularityNET connects developers with customers on its platform, AI Publisher. Developers can launch and monetize their AI services, while customers can search for and even request AI services on SingularityNET’s AI marketplace. AGIX digital currency is SingularityNET digital currency. This version has a native format on Ethereum and Cardano. The platform was first introduced in 2017 and completed its initial coin offering (ICO) in December of that year, raising $36 million in just one minute.
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Who are the founders of AGIX digital currency?
SingularityNET has an extensive team of AI scientists, developers, researchers and engineers. It was founded by Dr. Ben Goertzel, CEO and Chief Scientist of SingularityNET, along with Simon Giacomelli and Dr. David Hanson.
Dr. Ben Goertzel is an established figure in the artificial intelligence and robotics industry and has a long and distinguished career working with high-tech companies including Hanson Robotics and the OpenCog Foundation. He also serves as Chief Scientist for Mozi Health and Vice President for Humanity+. Simone Giacomelli is an entrepreneur and investor who previously worked for cryptocurrency consultancy Cryptodex. He left the SingularityNET project in March 2019 and is now focused on the Vulpem technology research and development lab he founded in 2015. Dr. David Hanson is the third founder of SingularityNET. He has a long and varied career in the robotics industry, having worked with Disney from 1998 to 2001 before founding several robotics startups, including Human Emulation Robotics, the Initiative for Awakening Machines, and Hanson Robotics over the past two decades.
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How many AGIX digital currencies (SingularityNET) are there in circulation?
As of February 2021, a total of 861.5 million AGIX tokens were in circulation, representing 86% of the total supply. As such, AGIX can be considered highly diluted. Half (50%) of the total AGIX supply was sold in SingularityNET’s 2017 ICO. Beyond this, 20% is reserved for initial incentives for developers and partners, 18% for core team members, 8% for the SingularityNET Foundation for long-term development of the platform, while the last 4% is reserved for security rewards.
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How secure is the SingularityNET network?
AGIX is an ERC-20 token. This means it is powered by Ethereum’s Proof-of-Work (PoW) consensus algorithm and a battle-tested network of tens of thousands of nodes and miners. To date, the Ethereum network has never been successfully hacked and is one of the most secure networks currently active. The team behind SingularityNET has indicated that SingularityNET may be migrated to another blockchain in the future and recently announced that it is considering launching on a devolved proof-of-stake (dPoS) blockchain.
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Advantages of digital currency AGIX
AGIX cryptocurrency offers a wide range of benefits for investors looking to build AI solutions. Here are some of the main benefits of using SingularityNET (AGIX):
- Access to artificial intelligence solutions: This platform gives users access to artificial intelligence solutions that are more reliable and secure than traditional cloud-based solutions.
- Affordability: SingularityNET (AGIX) is an affordable platform for investors looking to build AI solutions. This platform allows investors to access artificial intelligence solutions without the high costs associated with traditional cloud-based solutions.
- Scalability: SingularityNET (AGIX) is designed to be highly scalable, allowing developers to build AI solutions that can scale as needed.
- Security: The platform is designed to be secure using blockchain technology to protect data.
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Where can you buy AGIX cryptocurrency?
AGIX cryptocurrency is available for trading on several prominent exchange platforms including Binance, KuCoin and HitBTC. It is also available on two of the most popular DEXs – Uniswap and Balancer. Currently, the only available trading pairs for AGIX are AGIX/BTC, AGIX/ETH and AGIX/WETH.
It is currently not possible to buy AGIX directly with your credit or debit card from any of these exchange platforms, but you may be able to first buy Bitcoin (BTC) and then exchange it for AGIX digital currency. Activity in the world of digital currency requires authentication in Binance. If you need advice for authentication in Binance, you can get help from Persian Elite experts.
SingularityNET (AGIX) is a decentralized AI platform that enables investors to build AI solutions quickly, easily and cost-effectively. It is based on the two leading smart contract blockchains Ethereum (ETH) and Cardano (ADA). The platform gives investors access to artificial intelligence solutions that are more reliable and secure than traditional cloud-based solutions. The platform also provides investors with cost-effectiveness, scalability and security. SingularityNET (AGIX) is an ideal platform for developers looking to build AI solutions.