cool hit counter SingularityNET: Understanding the world's first public AI network on a blockchain_Intefrankly

SingularityNET: Understanding the world's first public AI network on a blockchain

with respect toSingularityNET(AGI) knowledge?

Blockchain technology has become one of the most popular technologies in the world。 One of the innovations that proved its progress was the introduction ofSingularityNet

What is it?SingularityNET?

Many will confuse it with a typical marketplace, but SingularityNet is a decentralized marketplace for artificial intelligence (AI). The number of AI-related businesses is increasing every day; However, there is a significant difference between those developing AI tools (researchers and academics) and the businesses that want to use the technology to meet specific needs.

Most organizations need more custom solutions than a single AI project might offer, and research projects often don't have access to large datasets to build robust machine learning solutions. SingularityNET will fill these gaps.

This article will cover the following:

SingularityNET How it works



AGI storage

SingularityNET team

SingularityNET How it works

SingularityNET is a complex project - no doubt about it. Although, it started as an AI-as-a-service market, the team's idea was to evolve it into a fully self-organizing network of AIs. The AI agents in this autonomous network will employ AI to outsource jobs to each other and develop each other to further develop the system.

AI Service Market

For the sake of simplicity,SingularityNET Being launched asAI Markets Served。 They chose to focus on three different areas of AI in their first two years of progress:

Cloud Robotics

Biomedical investigations

network security

In this open market,AI Developers can exchange their tools and solutions, use inSingularityNET ofAGI Tokens or other resources and services。 In order to simplify these transactions as much as possible,SingularityNET provided for the integration of regular servicesAPI。 An example is image and language processing into smart contracts。

The platform also uses smart contracts to facilitate other types of services. For example, SingularityNET uses DSOC democracy for its governance model.

Before we move on., All of us must defineSingularityNET agent。 Agents are entities that execute intelligent legal agreements on the platform。 These are usually the nodes on the network。

To keep the network effective, Agents position each other on a scale of zero or one after each exchange。 Leaving the post is not necessary, It can also be automated。 If the agent marks the task as completed and transmits the payment, then it is safe to assume that the assessment is correct。

Existing agent rankings help the network improve by determining which agents are better evaluated and more useful to the network。

Agent ranking is multifaceted, Helps to optimize the system in the long term。 Other factors that identify an agent's overall ranking include:

AGI Token Release。 If their assessment is below a certain level, Agents will lose some of their abandoned tokens。

Benefit rating. This is specific to the ranking of beneficial tasks provided by the agent. These are tasks that enhance the whole system and do not necessarily have a monetary value.

External validation。 Once an agent knows your customer by(KYC) Services prove ownership of trusted companies, Then you can get extra ranking rewards。

self-organizationAI network

SingulairtyNET The broad vision of the staff is to build a complex system involvingAI Network of proxy communications, Primary useOpenCog Resources of the Foundation。 To observe this, Let's take a look at the humanoid robot that was builtSophia。

Sophia uses a combination of agents, from processing language to using actual motor skills for manipulation. A person tells Sophia to summarize a movie embedded in a web page. To do this, Sophia sends the request to the agent (Agent A). Agent A knows through its AI that Agent W specializes in analyzing and transcribing videos, while Agent D specializes in summarizing text.

Agent A pays Agent W and Agent D to complete these tasks, and Sofia pays Agent A for assistance. All along, each agent updated their own AI using the network information received from these tasks, and combined it with their previous experience and knowledge. As a result, the collective AI within the system grows faster than any individual agent.

therefore,AI Agents will eventually be able to produce brand new ones based on the fact that they get overtimeAI agents。 This leads to automatic network growth and self-organization

AGI token

SingularityNET's AGI token is currently an ERC20 token. Ultimately, the vote (from the previously mentioned governance model) will determine whether/from when the system will move to another platform/blockchain

Agents mainly useAGI The token carries out the relevantAI Payment for services。 nevertheless, Using these specific tokens also allows agents to vote on certain choices that affect the platform。

SingularityNET Genesis contract created 1,000,000,000 AGI tokens at the time of the ICO. They have been distributed accordingly.

500,000,000: Token sales

200,000,000: incentive pool

180,000,000: creator

80 million: SingularityNET Foundation

45,000,000: sports fan( i.e. bounty)

The team will release the reward pool tokens within ten years, and use these tokens to reward agents who participate in the network。 After that time, They will vote on whether to create a whole new rewards pool or choose another type of reward mechanism。


SingularityNET It's a relatively new company, since2018 year1 Mid-month onwards,AGI The token is only available。 It has been trading at a steady20 Around US cents。

AGI Total market value is68,462,443 dollars, The daily trading volume is356,103 dollars。 Most of the transactions take place inKuCoin exchange。 You can find more information on thecoinmarketcap Read about it onSingularity Updated statistics of the network。


thanks toSingularityNET relatively new, So you Get AGI Limited options for tokens。 as of2018 year1 month20 sun, They are working with one of the most popular trading platforms for cryptocurrenciesKuCoin cooperation。AGI Now listed asKuCoin One of the tradable tokens of the, If you would like to, You can invest today inSingularityNet。

The AGI token receives its value because it allows anyone to access AI services globally without censorship or exclusion. Its incentive-based network engagement helps identify the best AI services and improve the network.

AGI storage

thanks toAGI beERC20 token, So you need to store the token in a file withERC20 Of the supported wallets。 Recommended options are free to useImtoken。

SingularityNET team

Screenshot section, See the official website for details:

The SingularityNET team has over 50 AI developers and over 10 PhDs. Dr. Ben Goertzel serves as the Chief Executive Officer and Chief Scientist. Dr. Goertzel is also the President of the OpenCog Foundation, is actively involved in the AI contemporary society, and is the Chief Scientist at Hanson Robotics. Hanson Robotics is the partner company helping to bring SingularityNET to life.

Dr. David Hanson, founder of Hanson Robotics, serves as the Head of Robotics. Most famously, Hanson Robotics built Sophia. Sophia is the most innovative humanoid robot to date. Sophia is also a proud member of the SingularityNET team.

The team recently released an Alpha version of the platform and is considering releasing it to the public in the third quarter of 2018.

AI and blockchain

SingularityNET Unique in the blockchain world。

SingularityNET It is becoming aajaI marketplace。

Singularity Net One of the most innovative and bold projects in the crypto industry, It takes the hottest job areas in technology - AI and blockchain cluster。

depend on3600 million dollarICO Sold out in minutes, and an all-star team of doctors and engineers continue to push the boundaries of artificial intelligence technology,SingularityNet It does have a bright future in front of it。

Hello, for any question inquiry or cooperation, long press the QR code below to contact!

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