Presentation and definition of the crypto-currency SingularityNET (AGI)
- Name of the crypto-currency : SingularityNET
- Abbreviation : AGI
- Where to buy AGI ? Binance
- Creation Date : December 2017
- White paper of SingularityNET
- Web Site SingularityNET
SingularityNET is a platform for decentralized based on the artificial intelligence. Its objective is to facilitate interoperability in the field of AI. Indeed, the field of AI is faced with several limitations. There’s currently no way for the artificial intelligence to communicate data and coordinate processes. Everything must be done manually and this represents a very large costs. Find services in the field of AI and be able to evaluate their quality is impossible. It will be important to test the service and this creates huge risks that could be avoided. Develop the AI, connect with others and gain a foothold in the market is extremely expensive and ultimately not very accessible to most organizations. SingularityNET is therefore to propose solutions to all these problems and to open the market IA the world.
The objective of the platform
SingularityNET wants to decentralize this domain controlled by large businesses and make it more accessible to a greater number. Through the platform, developers will be able to offer and market their tools, AI, and any member of the community can benefit from.
The ICO of SingularityNET
The proposed Singularity has managed to raise 36 million dollars in just one minute when their ICO (Initial Corner Offering). The system SingularityNET uses its own virtual currency, AGI (Artificial General Intelligence). These tokens will be used to conduct transactions-free and secured via the network Singularity.