Home Crypto Why SingularityNET (AGIX) Surged By 17% Today • crypto.ro

Why SingularityNET (AGIX) Surged By 17% Today • crypto.ro

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Key Points

  • SingularityNET (AGIX) surged by 17% at this time, reaching a market cap of $884 million.
  • ASI token merger (FET, AGIX, OCEAN) is about to start out implementation on July 1.

SingularityNET (AGIX) surged by 17% at this time. At the second of writing this text, the coin has a complete market cap of $884 million.

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On June 24, the crew at SingularityNET shared a publish through their X account through which it was asserting followers that at this time, June 25, at 5 pm UTC they may discover the mixing of the OpenCog Hyperon AGI framework with the SngularityNET platform.

Also, a couple of hours in the past, they shared a message saying that DeepFunding spherical 4 voting outcomes are in, and over $1.4 million has been awarded to 29 proposals to develop and publish AI companies on the SingularityNET Platform and contribute to the expansion of the decentralized AI ecosystem.

Recently, the ASI Alliance introduced important progress and updates on the ASI token merger scheduled for implementation beginning July 1.

The token merger will briefly consolidate SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET, earlier than transitioning to the ASI ticker image at a later date.

Not too way back, Binance launched an official announcement, revealing that the change will assist Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) token merge to Artificial Superintelligence (ASI).

Also, SingularityNET’s CEO Ben Goertzel, addressed the longer term makes use of of AI and blockchain tech. He additionally talked in regards to the merging of FET, OCEAN, and AGIX tokens right into a single ASI token which is a strategic transfer to create unprecedented scale and energy for AI.

What is SingularityNET (AGIX)?

SingularityNET is a blockchain-powered platform that enables anyone to create, share, and monetize AI companies, due to its globally accessible AI market.

Via {the marketplace}, customers can browse, check, and purchase an unlimited number of AI companies utilizing the platform’s native utility token, AGIX.

The platform was introduced in 2017 and accomplished an ICO again in December of the identical 12 months, elevating $36 mullion in a single minute, based on the crew behind the venture.





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