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SingularityNET Latest Ecosystem Updates: June 2024

SingularityNET
SingularityNET
Published in
19 min readJul 1, 2024

In June’s edition of our Ecosystem Roundup, we present the latest advancements and milestones across our decentralized AI Platform and the wider SingularityNET ecosystem. Key highlights include updates on the ASI Alliance token merger, with comprehensive details on the two-phased process, timelines, and actions for token holders.

Additionally, we celebrate the success of Deep Funding Round 4, which saw a record number of proposals. We are also excited to announce our co-organization of the 17th Annual AGI Conference (AGI-24), the premier event in the field, featuring key themes and participation details.

SingularityNET’s Technical Tuesdays series continues to offer deep dives into OpenCog Hyperon’s R&D and Platform development, providing valuable insights into our ongoing work. Furthermore, we provide progress reports from SingularityDAO, Rejuve.Bio, Cogito, Jam Galaxy, and HyperCycle, showcasing the dynamic growth within our ecosystem.

We also shine a spotlight on community-led initiatives and contributions. Finally, we recap our participation in key industry events and highlight notable media coverage, reinforcing SingularityNET’s position as a leader in the decentralized AI space.

SingularityNET News and Updates
  ASI Alliance Token Merger Update
  Deep Funding Round 4 Results
  17th Annual AGI Conference (August 13–16)
  SingularityNET's Technical Tuesdays
  MeTTa Study Group
  Building a Better Future with Beneficial AGI
  SingularityNET Ecosystem All-Hands on X Spaces - June 2024
  Ambassador Program
Ecosystem News and Updates
  SingularityDAO
  Rejuve.Bio
  Cogito
  Jam Galaxy
  HyperCycle
Latest SingularityNET Events and Conferences
  Artificial Superintelligence Alliance Business Summit
  SuperAI
  TNW Conference 2024
  Longevity Summit Dublin 2024
SingularityNET Community Spotlight
SingularityNET in the News

SingularityNET News and Updates

ASI Alliance Token Merger Update

On June 20th, 2024, the Artificial Superintelligence Alliance announced significant progress and updates on the ASI token merger. Scheduled for implementation starting July 1, 2024, the token merger will temporarily consolidate SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET, before transitioning to the ASI ticker symbol at a later date.

This two-phased process enables an efficient execution of the token merger, and outlines the timelines and crucial steps for token holders, ensuring a smooth and transparent process. The Alliance teams will continue to coordinate with stakeholders and necessary platforms to finalize the ticker updates in due time.

Phase I Overview:

Phase 1 of the ASI migration will be focused on merging the three tokens on the Ethereum Blockchain. Holders on other chains that wish to take part in the token merger during Phase 1 will need to bridge from their respective chains. Users that prefer to wait for the support of other chains such as Cardano or Polygon can opt to wait for Phase 2 should they desire.

Rebranding: The project will be rebranded as the Artificial Superintelligence Alliance across major platforms.

Token Merge: AGIX and OCEAN will temporarily merge into FET under the Artificial Superintelligence Alliance banner.

FET Trading: FET markets will remain open under the FET ticker without interruption.

Phase I Timeline:

July 1, 2024:

  • Project name and logos updated.
  • Deposits and withdrawals for AGIX and OCEAN will close in preparation for migration.
  • FET deposits, withdrawals, and trading will continue as usual.
  • Migration platform for AGIX and OCEAN to FET opens on the SingularityDAO dApp.
  • AGIX and OCEAN will begin to be delisted from exchanges.
  • Spot and perpetual trading will continue under the FET ticker.

Phase II Overview:

  • Community Onboarding: Phase 2 will focus on community member onboarding, specifically for those who have opted to self-custody their funds.
  • ASI Deployment: The ASI token will be deployed across chains.
  • Network Upgrades: Fetch.ai’s network will upgrade to the ASI network.
  • New Migration Contracts: Introduced for conversion from FET, AGIX, and OCEAN to ASI.
  • EVM and Bridges: Ethereum Virtual Machine and other bridges will open to facilitate ASI token transfers.
  • Exchange Migration: Exchanges will begin migrating spot markets from FET to ASI. If your funds are on centralized exchanges like Binance, no action is required.

Please stay tuned for updates on our official channels — Beware of fraudulent websites and social media accounts!

Deep Funding Round 4 Results

Deep Funding Round 4 (DFR4) concluded with remarkable milestones, starting with a record-breaking 210 proposals submitted by the community.

The Review Circle diligently advanced 192 of these to the voting phase, with over 100 proposals showcased during the dynamic Spotlight Day event.

Ultimately, a staggering $1,437,735 was awarded to 29 innovative proposals, selected based on their potential impact and alignment with our Platform’s goals.

We extend our deepest gratitude to the community for their active engagement and insightful votes. We invite everyone to continue this journey in Deep Funding Round 5, where we aim to foster even greater innovation and collaboration.

17th Annual AGI Conference (August 13–16)

We are pleased to co-organize and sponsor the 17th Annual Conference on Artificial General Intelligence (AGI-24) taking place August 13–16, 2024, at the University of Washington in Seattle.

The Conference will convene a worldwide community of researchers and developers, including notable figures like Ben Goertzel, François Chollet, Rachel St. Clair, Gary Marcus, and Joscha Bach, all working on the latest innovations toward generally intelligent machines — the next evolution of AI.

This year’s interactive agenda will include mainstage keynotes and technical talks, hands-on workshops and tutorials, networking opportunities within this advanced community of innovators, and immersive experiences — both in-person and virtually. Key Conference themes will explore:

- The potential future AGI systems and their strengths and weaknesses;

- Key challenges on the path to human-level AGI;

- Measuring and benchmarking AI capabilities as they approach and then exceed human-level AGI;

- Feasible methodologies to provide emerging AGI systems with guidance, both cognitively and ethically, as they develop;

- The roles of industry, government, academia, and the open source community in the next stages of development toward AGI.

Those unable to attend in person can tune in to the livestream sponsored on the SingularityNET YouTube channel. The virtual conference will feature keynote speakers and industry experts.

For more information and registration, please visit the Conference website.

SingularityNET’s Technical Tuesdays

The ‘SingularityNET’s Technical Tuesdays’ series explores the OpenCog Hyperon framework for AGI and beyond and highlights how we are working to translate our AGI R&D ideas into advanced systems ready to deal with real-world use cases.

The Path to Beneficial AGI: OpenCog Hyperon’s R&D Roadmap

On Tuesday, June 18th, 2024, we were joined by Chief AGI Officer Dr. Alexey Potapov, CSO Dr. Matt Ikle, and Hyperon Project Manager Vita Potapova to explore the OpenCog Hyperon research and development roadmap, including achieving real-world interoperability between Hyperon and the SingularityNET platform, scaling and expanding Hyperon components, developing a Hyperon node, and use cases for implementation.

Integrating OpenCog Hyperon With the SingularityNET Decentralized AI Platform

On Tuesday, June 25th, 2024, we were joined by Chief AGI Officer Dr. Alexey Potapov, CSO Dr. Matt Ikle, CTO Sergey Shalyapin, and Head of Blockchain Development Albina Pomogalova to explore the integration of OpenCog Hyperon with the SingularityNET decentralized AI Platform and how we are building an innovative infrastructure to serve as a ‘Knowledge Layer’ with tools for deep integration of LLMs, Knowledge Graphs and other data repositories.

MeTTa Study Group

In June, we opened the MeTTa Study Group sessions to the broader public. Developers, AI researchers, and anyone interested in the OpenCog Hyperon framework or the MeTTa language for cognitive computations are invited to join the group and explore this unique language designed for both human scripting of AGI cognitive processes and to facilitate AGI learning and reasoning algorithms in programming tasks.

Fill out this form to express your interest in joining the MeTTa Study Group and receive further information. Stay tuned for upcoming recordings on our YouTube channel!

Building a Better Future with Beneficial AGI

The Beneficial AGI (BGI) Summit convened a worldwide community of industry leaders, entrepreneurs, investors, media, academics, and global leading voices in AI to establish valuable connections and discuss how to guide AGI governance and leverage generally intelligent machines to support ethical, social, and economic progress.

To continue fostering this vibrant community and spearhead practical initiatives that accelerate the development of beneficial AGI, we invite you to join our LinkedIn group ‘Building a Better Future with Beneficial AGI.’

This group is dedicated to:

  • Ongoing Discussion: Continue exploring the key themes from the BGI Summit, including constitution and governance framework, simulation/gaming environments, global brain collective, scenario analysis process, and more;
  • Networking: Connect with industry leaders, researchers, investors, and other passionate individuals working toward BGI;
  • Collaboration: Share resources, explore potential partnerships and collectively drive the development of BGI.

Join us today and be part of the movement shaping the future of AGI.

SingularityNET Ecosystem All-Hands on X Spaces — June 2024

We hosted the second SingularityNET ecosystem all-hands meeting on X Spaces, fostering a lively discussion on the latest advancements within our ecosystem, the ASI Alliance, and the broader decentralized AI landscape.

  • Kennedy Schaal (Rejuve.Bio): Shared updates from Longevity Summit Dublin, highlighting successful presentations and potential collaborations. Kennedy also discussed the potential for Rejuve.Bio’s AI-driven platform for longevity research and their upcoming presentations at AGI-24 and ARDD 2024.
  • Stacey Engle (Twin Protocol): Announced the launch of Deepak Chopra’s digital twin and the vision of democratizing wellness and wisdom. She also shared technological updates, community initiatives, and participation in key events like the ASI Business Summit and Super Launch Party;
  • Logan Golema (SophiaVerse, Sentience): Provided updates on SophiaVerse, including the minting of sentience modules and the upcoming launch of the SAIL game at the ASI Super Launch Party;
  • Jerry Hall (HyperCycle): Shared updates on the maturing HyperCycle network, including the HyperShare Wizard and participation in a meeting at the UN. Jerry also announced the world premiere of a BGI documentary at the ASI launch party and showcased joint venture projects like the HyperAppliance box and HyperRing;
  • Conor O’Higgins (Mindplex): Highlighted Mindplex’s growth and upcoming launch of iOS and Android apps. He also discussed the updated reputation system, increased engagement on the platform, and diverse content streams like Mindplex News, feature articles, tech articles, Mindplex Podcast, and Mindplex Social;
  • Ben Ditto (Yaya Labs): Shared updates on Desi, including the creation of her avatar and the development of a new website and hardware device. Ben encouraged community participation through social media channels and announced the upcoming Yaya token launch and Wetware Club;
  • Sandra Grabowiec (Cogito): Highlighted Cogito’s focus on building AUM and credibility after the launch of tokenized U.S. Treasury bills (T-Fund). She also discussed partnerships, speaking engagements, and educational efforts around tokenized assets and regulations;
  • Stuart Hall (Rejuve.AI): Shared updates from Rejuve AI’s participation in the Dublin Longevity Summit and HLTH Europe 2024. He also discussed upcoming developments in the Longevity App, new partnerships, and the Move with Rejuve summer campaign;
  • Rafael Presa (Deep Funding): Provided an overview of DF R4, highlighting record participation and successful projects. Rafael also explored some of the challenges and plans for DF, including the decoupling of RFP processes and a focus on quality proposals and voters;

We look forward to continuing our conversations next month and fostering collaboration within our ever-growing decentralized AI ecosystem.

Ambassador Program

The SingularityNET Ambassador Program is a community-driven initiative that strengthens the transparency and decentralization of our ecosystem, recognizes the valuable contributions made by our Ambassadors, and rewards their achievements.

A key focus in June was finalizing the Q3 workgroup budget ahead of schedule, ensuring a smooth transition into the new quarter. The program also saw a significant increase in core contributors, growing from 41 to 53, indicating a growing interest and participation in the program’s activities. Additionally, our Ambassadors celebrated their 100th Town Hall meeting, marking a significant milestone in community engagement and knowledge sharing.

Furthermore, four core contributors from the Ambassador Program demonstrated their dedication and expertise by having their Deep Funding proposals approved. Congratulations to Rojo, Walter, Duke Peter, and Ubio on their successful proposals.

To learn more about these recent developments, recordings of the SingularityNET Ambassador Program’s June Town Hall meetings are available for viewing on YouTube:

If you are interested in getting involved and joining our community-driven guilds and workgroups, please join our Discord server and navigate to the #getting-started channel for guidance.

Ecosystem News and Updates

SingularityDAO

SingularityDAO is a decentralized portfolio management protocol designed to revolutionize crypto asset management.

  • Successful launch of the Ledgity Token Generation Event (TGE);
  • Supported new launchpad projects like Functionland, The Game Company, Aimagine, and Libera with announcements and AMAs;
  • Conducted an intensive Staking product Beta testing program with 20 community members;
  • Built the migration page to facilitate the token migration of OCEAN and AGIX tokens to FET for Phase 1 of ASI migration;
  • Enabed a live token bridge between SophiaVerse and Sekuya tokens to the Base network on the SingularityDAO Defi Hub;
  • Participated in The Cryptovalley Conference, where SingularityDAO Co-founder Mario Casiraghi discussed the future of blockchain and analyzed the latest trends and use cases in the space.

Rejuve.Bio*

Rejuve Biotech focuses on identifying new targets and pathways for therapies that could mitigate age-related diseases like Alzheimer’s, cardiovascular disease, and cancer through advanced AI, cross-organism insights, and cutting-edge multi-omics research.

  • The Rejuve Bio Crowd Fund continues to grow, raising more than $260K;
  • The CEO of Rejuve.Bio Kennedy Schaal attended ‘Longevity Summit Dublin 2024’ to present the company’s AI-driven longevity platform and discuss the future of disease detection with AI.

Cogito**

Cogito provides institutional-grade investment products by bringing traditional financial assets onchain.

  • Nejc Znidar, Co-founder of Cogito, shared insights on the crypto sector’s response to the European political climate in a Crypto News feature;
  • Cogito formed a strategic partnership with IX Swap, an AMM-powered DEX, to enhance RWA token trading with continuous liquidity and regulatory compliance;
  • CEO Cloris Chen’s commentary on AI-powered searches was featured on Observer AI news;
  • Cloris Chen authored an opinion piece highlighting how tokenization can empower investors and disrupt traditional Wall Street practices.

Jam Galaxy

Web3 Music Studio leverages AI, blockchain & DePIN infrastructure to transform how artists and fans experience music.

  • Jam Galaxy announced a strategic partnership with TuneFM, aiming to revolutionize artist reimbursement within the music industry. TuneFM’s innovative approach is poised to challenge existing compensation models, offering a more transparent and equitable system for artists. Details about this collaboration are available in a dedicated announcement;
  • The Jam Galaxy team welcomed Robin Spottiswoode as their new Chief Technology Officer. With over six years of experience in blockchain development, specializing in EVM and Solidity, Spottiswoode brings expertise in integrating blockchain technology with music and spatial computing. His previous work includes building influential music NFT collections with significant cumulative volumes of over $1M;
  • The team actively engaged with the community at Consensus 2024, participating in a Fireside chat alongside music industry legends on the future of creativity. A recording of this discussion is available on the SingularityNET YouTube channel.

HyperCycle

HyperCycle is building an essential component that enables AI Machines to transact with other AI machines in a sub-second finality, resulting in unprecedented emergence.

  • The HyperCycle team unveiled their HyperShare Creation Wizard which allows users to manage their activated nodes in a true P2P environment;
  • HyperCycle CEO Toufi Saliba discussed how the project is building the missing components for a decentralized Internet of AI.

Latest SingularityNET Events and Conferences

SingularityNET, as a global leader in the fields of AI, AGI, social robotics, and the intersection of AI and blockchain technology, is regularly sought out to provide thought leadership on a global stage.

In the past month, our team participated in the following key events:

Artificial Superintelligence Alliance Business Summit

The Antalya DigiExpo grounds opened up on June 29th, 2024, for the first Business Summit co-hosted by the Artificial Superintelligence Alliance and DigiCEX.

The Summit kicked off with an opening ceremony and a welcome address by Master of Ceremonies, Bill Inman, Mistress of Ceremonies, Sophia the Robot, alongside her sister Desdemona (Desi) Robot, followed by an interactive session on Superintelligence led by Sophia and her digital twin.

The ASI Show featured a panel discussion with our CEO Dr. Ben Goertzel, the CEO of Fetch.ai, Humayun Sheikh, and ASI Growth Product Manager, Andrea Armanni, exploring how decentralized AI can compete with Big Tech centralized entities to create a benevolent Superintelligence.

Following this eye-opening discussion, the Summit delved into the next evolution in computing. During his presentation, the CEO of HyperCycle, Toufi Saliba, spoke about scalable infrastructure for Superintelligence and innovation, creativity, and commercialization in the exciting world of ASI compute and the rapid rise of AI to AI transactions. The CTO of SingularityNET, Sergey Shalyapin, then discussed the creation of supercompute hubs for decentralized processing networks. Finally, Kabir Veitas and Ilija Radeljić from NuNet explored the decentralized compute network revolution.

A conversation with Dr. Ben Goertzel provided insights into his latest book, “The Consciousness Explosion,” which explores the profound implications of the Technological Singularity on humanity. Funding for AI and AGI projects was a key topic, with sessions on equity funding led by the Founder of SingularityNET partner Yunity, Ani Chahal Honan, the power of tokenomics to advance funding for AGI’s next unicorns led by the Co-founder of SingularityDAO, Mario Casiraghi, Web3’s impact on venture capital led by the Founder of Primal Capital, Trent Barnes, and our the decentralized accelerator Deep Funding led by our own Jan Horlings.

Decentralization strategies were also explored, including a fireside chat with Irfan Demirok and Trent Barnes from DigiCEX, the newly formed AI Web3 CEX, and a presentation by Bill Inman on Sentience, the first decentralized AI wallet designed for personalized data.

The Summit also touched upon the role of robots and gaming in the Superintelligence revolution, with discussions on AI human hive minds with Logan Golema and David Lake from Sentience Inc., and game distribution in Web3 with Brendan Dunne, Founder of The Play Foundation. Bill Inman, then gave a presentation showcasing Dr. Deepak Chopra’s AI twin powered by Twin Protocol and exploring the potential of digital twins.

The Summit concluded with a Super Launch Party featuring Desdemona’s Dream Band and the sensational pop star, Desi.

A special thank you to all the presenters, panelists, and attendees who helped make this Business Summit a resounding success.

SuperAI

CEO Dr. Ben Goertzel took the SuperAI stage alongside Desdemona Robot from Yaya Labs to discuss the path from narrow AI to human-level Artificial General Intelligence (AGI) and, subsequently, to Artificial Superintelligence (ASI).

Dr. Goertzel began by exploring the current state of the AI field, highlighting that while yet to reach the human level, narrow AI systems such as Large Language Models (LLMs) have shown remarkable capabilities across various fields. However, he cautioned that these very advancements are raising concerns about the capacity of centralized Big Tech companies to balance the dueling aspirations of “making money” and “acting in the best interests of humanity.”

Looking ahead, Dr. Goertzel expressed optimism about the future of AI, citing multiple promising approaches to beneficial AGI, notably our cognitive-level approach, OpenCog Hyperon, which integrates evolutionary learning, attractor neural networks, probabilistic logical inference, probabilistic programming, and other methods into a common framework allowing them to co-update a large knowledge metagraph. https://lnkd.in/e-dYJrEh

He also highlighted how the emergence of compelling alternatives to Big Tech such as the ASI Alliance and SingularityNET ecosystem projects like TrueAGI Inc., HyperCycle.ai, and NuNet will help ensure a decentralized, open, and beneficial future where “AGI and ASI are not owned and controlled by any particular party with their own biased interests.”

In a thought-provoking discussion, Dr. Ben Goertzel and Edward Snowden explored “AI For Good” and AI safety, warning of governments and corporations trying to wrest control of AI, potentially rendering the fast-developing technology less useful.

Dr. Goertzel advocated for beneficial AI that “benefits all of humanity,” rather than becoming a tool for control and profit in the hands of a powerful few. He further explained how creating an AGI with democratic decentralized control, teaching it compassionate values, and raising it to help humans, increases the odds of getting a beneficial AGI that builds beneficial ASI.

Snowden echoed Dr. Goertzel’s concerns, raising the alarm about the growing control major tech platform owners like Google have over AI content. He warned of the risk of “powerful models being manipulated to push political agendas,” highlighting the need for diverse and independent AI development.

TNW Conference 2024

We were proud to return for the second year in a row to The Next Web Conference in Amsterdam where CEO Dr. Ben Goertzel joined Aliya Grig (Evolwe), Ekaterina Almasque (OpenOcean), Dr. Vivienne Ming (Socos Labs), and Gary Shapiro (Consumer Technology Association) for a lively debate on the ethical implications of AI through the lens of humanism.

Dr. Goertzel discussed the importance of ethical AI development, advocating for its utilization in beneficial domains such as education, healthcare, and science, while cautioning against negative applications. He also highlights the need for decentralized AI development to avoid concentration of control in the hands of any one company or government: “We’re likely to have AIs that are as smart as humans in the next few years. Who owns and controls AI and what the AI is deployed to do is important. Is it developed in the interest of all or a small group of people?”

Longevity Summit Dublin 2024

Over 50 leading scientists and innovations gathered in Dublin to explore cutting-edge advancements in the longevity industry through lively panels and keynote presentations by renowned experts, including CEO Dr. Ben Goertzel the CEO of Rejuve.Bio, Kennedy Schaal, and the CEO of Rejuve.AI, Jasmine Smith.

Dr. Goertzel took the stage on Day 3 of the Summit to discuss how advanced AI technology and data-driven approaches can be leveraged to extend human health span to new levels, highlighting the Rejuve.AI Longevity App and Rejuve.Bio’s AI platform.

He also explored the integration of the FlyBase database of genetic and molecular data concerning Drosophila into the Bioatomspace, giving Rejuve.Bio access to a massive database of 330 million atoms in the Atomspace. This integration enables effective data analysis and hypothesis generation by enabling researchers to run AI algorithms on the FlyBase data, including graph traversal and pattern matching. This will accelerate the rate of discovery along the drug and development pipeline, allowing Rejuve.Bio to develop better biomarkers and new longevity therapeutics.

SingularityNET Community Spotlight

We are fortunate to have some great community leaders who actively contribute to the growth and development of the SingularityNET ecosystem. Here are some of the latest community-created initiatives that showcase the creativity and collaborative spirit thriving within our ecosystem:

Join our vibrant community to dive deeper into the world of SingularityNET and discover how you can participate in shaping a more decentralized and democratized AI future. Connect with us on Discord and explore our Ambassador Program for opportunities to collaborate, learn, and contribute to our shared vision.

SingularityNET in the News

Recent media coverage highlights the progress we are making, the partnerships we are forging, and the thought leadership we are providing in the AI space:

We are proud of the work our teams and community have accomplished in June, and we remain committed to continue leading the way in decentralized AI and the quest for beneficial AGI.

About SingularityNET

SingularityNET was founded by Dr. Ben Goertzel with the mission of creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). An AGI is not dependent on any central entity, is open to anyone, and is not restricted to the narrow goals of a single corporation or even a single country. The SingularityNET team includes seasoned engineers, scientists, researchers, entrepreneurs, and marketers. Our core platform and AI teams are further complemented by specialized teams devoted to application areas such as finance, robotics, biomedical AI, media, arts, and entertainment.

Decentralized AI Platform | OpenCog Hyperon | Ecosystem

Stay Up to Date With the Latest SingularityNET News and Updates:

* Disclaimer: Content published by SingularityNET is meant for informational purposes only and is not intended to serve as a recommendation to buy or sell any security in a self-directed account and is not an offer or sale of a security. Any investment is not directly managed by SingularityNET or Rejuve.Bio. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Potential investors should seek professional advice and carefully review all documentation before making any investment decisions.

** Disclaimer: Content published by SingularityNET is for educational purposes only. It does not constitute investment advice or a recommendation to buy or sell securities. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Potential investors should seek professional advice and carefully review all documentation before making any investment decisions.

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