Cardano Spotlight #4: Singularity Net (AGIX)

The Hungry Cow
The Financial Future
4 min readFeb 20, 2024

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Image credit: Pintu

Overview:

Singularity Net’s CEO is Ben Goertzel. He has made appearances on Joe Rogan, Lex Fridman and TED discussing artificial intelligence in the past. This is how he first came to my attention. The Singularity NET token (AGIX) came to my attention on TapTools.io, a token tracking platform on Cardano. Singularity Net markets itself as a marketplace for AI services where AI service providers retain full ownership of their projects and without administrative burden. Singularity Net acts as the first seed in a forest of these projects that could grow into a burgeoning sector of technology over the next few years. The decentralized business model that is in operation here is that AGIX is the umbrella token backing the other projects perched on the intersection between blockchain technology and artificial general intelligence (AGI). Goertzel stresses the need for this revolutionary technology to be decentralized and not in the hands of any one centralized entity. The core mission of this project is thus: “…the development of artificial general intelligence for a beneficial technological singularity”. Ray Kurzweil predicts that we will have AI as smart as humans by 2029. If this assumption is correct, then this field could grow exponentially over the next five or so years.

Associated Projects:

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The Hungry Cow
The Financial Future

Just a humble crypto cow helping to promote Cardano DeFi and other interesting projects. Also interested in Hedera, NEAR, Solana and The Cosmos.