NuNet announces partnership with SingularityDAO

See the announcement on SingularityDAO’s blog here.

As NuNet CEO Kabir Veitas announced in his recent AMA with the community, NuNet – a global economy of decentralized computing – is partnering with SingularityDAO – a DeFi ecosystem of AI-managed tools.

NuNet and SingularityDAO are both part of the broader SingularityNET ecosystem, a collective of like-minded startups specialized in building different aspects of the Singularity. Beyond this family resemblance, there are some very specific ways in which NuNet and SingularityDAO can help each other.

SingularityDAO ingests large amounts of data and processes it with AI to gain insights into DeFi markets. This requires a lot of computing power, which is exactly what NuNet specialises in: incentivising users to contribute computing power. NuNet will provide SingularityDAO with computational muscle to power the AI agents and algorithms that it uses to process financial data. By decentralizing the large-scale computing needed to process market data, SingularityDAO gains a key resource, while NuNet gains a valuable early-stage customer.

A strong set of DeFi services will help NuNet’s token launch and give it a running start into the economy. SingularityDAO’s in-house economic expertise and DeFi tools will make NuNet a part of the market from day one. SingularityDAO’s team have built DeFi instruments like token gateways, a staking and farming portal, and token baskets called DynaSets that provide added liquidity to early-stage tokens. Last but not least, SingularityDAO will help NuNet in architecting and building the cryptocurrency market aspects of its global economy of decentralized computing!

We look forward to this journey, and to co-building the decentralized computing and financial infrastructures that drive the Singularity.