SingularityNET

About SingularityNET

SingularityNET is a decentralized, open-source AI marketplace that aims to facilitate the creation and sharing of AI services and solutions through blockchain technology. It was founded in 2017 by a team of AI experts, and its platform allows developers to build, share, and monetize their AI algorithms, while also enabling users to access a wide range of AI services and solutions. The goal of SingularityNET is to democratize access to AI technology and create a more decentralized, equitable future for AI development and deployment.

About $AGIX token

AGIX is the native cryptocurrency of the SingularityNET platform, used to facilitate transactions and incentivize network participants.

How to buy $AGIX with a payment card

1. Enter the amount of $AGIX and fiat currency that you wish to purchase.

2. Verify your phone and email.

3. Enter or create $AGIX wallet

You are given the option to enter your $AGIX wallet address or create one using the Swipelux widget.

4. Pass KYC flow

This verification process helps protect you from fraud and other malicious activities.

5. You're now ready to buy $AGIX with a credit and debit card.

$AGIX analytics

Market Position and Adoption: SingularityNET (AGIX) is ranked #82 in the cryptocurrency market, with a current market capitalization of $515,427,319 USD. The token is used on the SingularityNET platform, which aims to create a decentralized marketplace for artificial intelligence (AI) services. SingularityNET is aiming to democratize access to AI by enabling anyone to create, share, and monetize AI services on the platform. Currently, the platform has partnerships with several notable companies, including Domino's Pizza and Ping An Insurance.

Technology and Platform: SingularityNET is built on the Ethereum blockchain and uses smart contracts to enable users to create, share, and monetize AI services. The platform is designed to be open and decentralized, allowing anyone to access the AI services on the network. AGIX tokens are used to pay for services on the platform, as well as for staking and voting on governance decisions.

Team: SingularityNET was founded by Ben Goertzel, an AI researcher and entrepreneur, in 2017. The team includes AI researchers, blockchain experts, and business professionals. The project has received support from notable investors, including the Hong Kong-based investment firm, Arbor Ventures.

Competition: SingularityNET is aiming to create a decentralized AI marketplace, which puts it in competition with several other projects, including Ocean Protocol and Fetch.ai. However, the SingularityNET team believes that their focus on democratizing access to AI, along with their partnerships and collaborations, will give them an edge in the market.

Supply: The total supply of AGIX tokens is 2,000,000,000, with a circulating supply of 1,204,921,857 AGIX. The token is currently trading at $0.4278 USD, with a 24-hour trading volume of $88,466,155 USD. AGIX tokens are primarily traded on centralized exchanges, with the majority of trading volume coming from exchanges such as Binance, Huobi Global, and KuCoin.

$AGIX risks

1. Market risk: The cryptocurrency market is highly volatile and can be impacted by a range of factors such as economic conditions, regulatory changes, and global events. This can affect the value of AGIX and may result in significant losses for investors.

2. Competition risk: SingularityNET is not the only platform that is exploring the use of blockchain and AI technology. There are other projects in the market such as Ocean Protocol, Fetch.ai, and DeepBrain Chain that are offering similar services. Increased competition may reduce the demand for AGIX and impact its price.

3. Adoption risk: SingularityNET is still a relatively new platform, and its success depends on its adoption by users and developers. A lack of adoption may hinder the platform's growth and may impact the demand for AGIX.

4. Technology risk: SingularityNET's technology relies heavily on artificial intelligence and machine learning algorithms, which are still evolving. Any issues with the technology, such as bugs or security vulnerabilities, could have a significant impact on the platform's reputation and the value of AGIX.

5. Regulatory risk: The regulatory environment around cryptocurrencies and blockchain technology is still evolving, and changes in regulations could have an impact on the demand and value of AGIX. Any adverse regulatory actions, such as bans or restrictions, could have a negative impact on the AGIX token.

Potential market development triggers

Partnership with large corporations: SingularityNET can collaborate with well-known tech companies or corporations in various industries to promote the adoption of AI and blockchain-based technologies. This could lead to increased exposure and usage of the AGIX token.

Expansion of AI services: SingularityNET could expand its offerings to include more AI-based services, such as natural language processing and computer vision, which could attract more users and increase demand for the AGIX token.

Increased adoption of blockchain technology: As blockchain technology becomes more widely adopted, SingularityNET's platform could become more attractive to users looking for secure and decentralized AI solutions. This could lead to an increase in demand for the AGIX token.

Integration with other blockchain platforms: SingularityNET could integrate with other blockchain platforms, such as Ethereum or Binance Smart Chain, to expand its reach and appeal to a wider audience. This could result in an increase in demand for the AGIX token as it becomes more accessible to users on other networks.

Regulations: As the regulatory environment surrounding cryptocurrencies and blockchain technology evolves, favorable regulations could help to increase the adoption and usage of SingularityNET's platform and the AGIX token. Conversely, unfavorable regulations could have a negative impact on the platform and the token's value.