SingularityNET Coin is the native cryptocurrency of the SingularityNET platform, developed to serve as a marketplace for AI services made accessible through Blockchain, uniting AI developers and robotic scientists. These services range from individual algorithms and independent AI applications to machine learning or model training, meeting the demand for artificial intelligence across various communities.
Among the long-term goals of the SingularityNET team is the creation of an ecosystem of AI Agents that will interact with each other, using resources from the OpenCog Foundation. This ecosystem aims to assist people in creating, sharing, and monetizing artificial intelligence services on a decentralized network on a large scale.
What is SingularityNET (AGI)?
SingularityNET (AGI) is a platform that enables everyone to create, share, and monetize AI services on a large scale. Users can search, try, and choose from a continually growing library of AI algorithms created by a community of service providers. Additionally, users can integrate AI services into their applications.
Furthermore, users can test any AI service available in the market for free through SingularityNET before deciding to make more purchases. Platform users can also leave ratings and reviews to help developers improve their algorithms and the design of AI services.
According to explanations, the platform offers its users six significant advantages:
- Access: AI agents can benefit from previously private datasets, structure them for big data purposes, and monetize them.
- Precision: Users can analyze data sets of significantly higher complexity.
- Efficiency: Collaborative AIs can perform better than entire organizations.
- Emergence: The combination of AI tools results in emergent intelligence and capabilities unmatched by any other platform.
- Speed: Information can be processed materially faster compared to competition.
- Creativity: AIs can dynamically create new functions using new datasets and capabilities.
In addition, the platform’s own cryptocurrency, AGI coin, is a stakeable token. Thus, users can earn rewards by staking AGI and having a say in the platform’s governance.
AGI Coin Review
AGI Coin, being a stakeable cryptocurrency, seems to be particularly noteworthy. With the recent rise in the popularity of staking, cryptocurrencies that can be staked are thought to be increasingly preferred.
On the other hand, investors seem to have mixed thoughts about AGI coin. While some believe AGI coin will rise in value soon, others consider it not worth investing in.
Investor comments can be better understood by looking at the current and historical figures for SingularityNET (AGI).
As of the time of preparing this article, SingularityNET Coin was trading at $0.0519 and at 0.00000306 BTC against Bitcoin. It’s also worth noting that SingularityNET Coin hit a record high of $1.86 on January 20, 2018, and a low of $0.0074 on March 13, 2020.
According to CoinMarketCap, AGI Coin, with a market volume of 44,307,276 USD, is ranked 161st, and its last 24-hour trading volume is 232,332 USD. Currently, there are 852,718,523 AGI coins in circulation, with a total of 1,000,000,000 AGI planned.
How to Buy SingularityNET Coin?
SingularityNET Coin can be purchased through the Binance exchange. Binance, the world’s largest cryptocurrency trading platform by trading volume, listed the AGI token on June 5, 2018.
Additionally, Binance users can currently conduct AGI token transactions in AGI/BNB, AGI/BTC, and AGI/ETH trading pairs.
