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SingularityNET Overview
24h High
$0.08
24h Low
$0.08
24h Change
+2.24%
7d Change
-12.04%
30d Change
-13.76%
Volume 24h
$2.56K
Market Cap
$20.29M
Circulating Supply
242.95M AGIX
SingularityNET News
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About SingularityNET
SingularityNET is a decentralized AI marketplace, co-founded by Ben Goertzel and David Hanson, aimed at democratizing AI access. Using its utility token AGIX, it facilitates AI services across various domains. The migration from AGI to AGIX enabled cross-chain compatibility, notably with Cardano, to support the platform's expansion and interoperability.
AGIX, the utility token of SingularityNET, is integral to the ecosystem after its migration from AGI. Operating on both the Cardano and Ethereum blockchains, AGIX facilitates various functions within the platform. It is used for transactions, governance, and incentivization, empowering token holders to participate in decision-making and influencing the platform's development. AGIX plays a critical role in enabling and managing the exchange of AI services and resources on SingularityNET, thus driving the platform's mission to democratize AI access and enhance its capabilities
The migration from AGI to AGIX token was a strategic move to make the token cross-chain compatible, particularly with the Cardano blockchain. This step was crucial in the rollout of SingularityNET's Phase 2 plan. The migration involved creating an additional 1 billion tokens on Cardano, alongside the existing supply on Ethereum, and required replacing the old AGI token with the new AGIX token. This expansion was necessary to accommodate the platform's growth and enhance its interoperability between multiple blockchain networks.
SingularityNET was originally founded by Dr. Ben Goertzel and Dr. David Hanson, along with a team of AI researchers, blockchain experts, and entrepreneurs in 2017. This team is responsible for the development of SingularityNET and its evolution, including the transition from AGI to AGIX tokens.
SingularityNET Markets
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SingularityNET Market Data
The live SingularityNET price today is $0.08 USD with a 24-hour trading volume of $2,560.86 USD. We update our AGIX to USD price in real-time. SingularityNET is up 2.24% in the last 24 hours.
The current market cap is $20,291,469.60 USD, ranking #496 by market capitalization. The circulating supply is 242,952,600 AGIX.