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SingularityNET (AGIX) is an AI-focused project looking to leverage blockchain technology to create a decentralized AI marketplace with a long-term vision of open-sourcing Artificial General Intelligence (AGI). AGI, the vision of how AI will become in the future, can be used to solve any problem. It is the improved version of the current narrow AI, which can solve only a single problem. Co-founded in 2017 by chief scientist and visionary Dr. Ben Goertzel, and CEO and founder of Hanson Robotics Dr. David Hanson, SingularityNET aims to provide a commercial launchpad for AI-based decentralized applications (DApps) through increased interoperability among networks. It aims to build a scalable and functional system that’s less reliant on its current host blockchain, Ethereum, and also has a long-term vision of being chain-agnostic. SingularityNET is a platform that makes it simple for developers to sell their AI tools and libraries. It also allows buyers to try out AI services on the marketplace before paying for them, ensuring they meet their requirements. Moreover, if someone needs specific AI services, they can access SingularityNET's community of AI specialists through the Request for AI portal. This portal makes it easy for customers to request a new AI tool, while developers can earn AGIX tokens by fulfilling these requests. The AGIX token has different uses within the SingularityNET ecosystem. For example, AGIX holders can vote on changes to the network's operations through the SingularityNET Enhancement Proposal (SNEP) feature, introduced in October 2020. Additionally, users can stake their tokens, a feature added in March 2020.
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