Recently, we have witnessed a surge in the adoption of artificial intelligence (AI) in all sectors: education, medicine, healthcare, software development, and similar.
With the increase in the number of AI use cases, we observe the increase in demand for safe and reliable systems where the huge volumes of data used for AI training and generated by AI can be stored and shared among collaborators based on predetermined criteria.
This is where the decentralized and immutable value of blockchain can help. There are many blockchain-based projects that work to solve the challenge of data storing and sharing, with SingularityNET being one of the most promising projects.
What Is Singularity NET?
SingularityNET is a decentralized platform created for providing artificial intelligence (AI) services. The main aim of the project is to democratize AI and facilitate the collaboration of developers in this field.
SingularityNET History
The project was launched in 2017 by Dr. Ben Goertzel, a researcher in the field of AI and an entrepreneur, in collaboration with like-minded team members. The SingularityNET team believes that AI has the potential to revolutionize the way we live but it may happen only after the huge volume of valuable data that are owned by large corporations are decentralized and accessible to AI developers.
In December 2017, the project conducted an initial coin offering (ICO) during which it raised $36 mln. Soon after that, a beta version of the platform was launched. With it, developers got an opportunity to start building and deploying AI services on SingularityNET.
The team behind SingularityNET has created the world-famous robot Sophia, “the world’s most expressive robot”. Now, the team members work on the creation of an advanced general intelligence that would be able to achieve the human level and beyond.
SingularityNET Use Cases
The SingularityNET ecosystem can be used for all industries: robotics, health care, medicine, education, logistics, transportation, gaming, DeFi, and others. Along with offering an extensive set of tools and instruments to develop a product, the ecosystem provides new projects with guidance, funding, and expertise to help them become independent entities in the true spirit of decentralization.
SingularityNET Blockchain
The SingularityNET registry is an ERC-165 smart contract that runs on the Ethereum blockchain. There, organizations, type repositories, and services are stored. Developers and customers use the Registry to look for the services they need.
By using the Registry, customers can commission new AI tools, and developers can fill the customers’ requests and earn AGIX tokens.
AGIX Token, Where to Buy and Store It
AGIX is the native utility token of SingularityNET. The utility of the token was developing in line with the platform’s development.
In 2020, the platform launched its SingularityNET Enhancement Proposal (SNEP) feature which enabled AGIX holders to vote on the changes to the network and its operations.
Further, a staking feature was added that enabled users to stake their AGIX tokens and earn.
SingularityNET is a very popular project with immense potential. This is why AGIX is supported by all major exchanges such as Binance, Kraken, KuCoin, and others. LetsExchange allows its users to buy and sell AGIX for over 4,000 other coins and tokens supported by the platform.
AGIX is an ERC-20 token, and as such, it can be stored in any wallet that supports Ethereum. The most popular wallets to store AGIX are:
- TrustWallet
- MetaMask
- Ledger
- Torus
- Coinbase wallet
- TokenPocket, among others.
AGIX Price Prediction 2024 - 2030
SingularityNET is a very promising project, and thus, AGIX price predictions are optimistic.
AGIX Price Prediction for 2024
Based on the forecast made by WalletInvestor, AGIX will be traded at around $02 - 0.3 during 2024, with a minimum price of $0.22, and a maximum of $0.3.
More optimistic forecasts claim though that the AGIX token may reach even the level of $4.61 by the end of 2024.
AGIX Price Prediction for 2025
2025 looks promising for AGIX, however, no drastic surges in the token value are expected. So, based on CoinCodex, the minimum price of the token in 2025 is expected to be $0.22, and a maximum is forecasted to be $$0.42.
The BTCC specialists claim though that by the end of 2025, the AGIX value may climb to $6.25 if the bullish trend persists.
AGIX Price Prediction for 2026
In 2026, a slight drop in the AGIX value is forecasted by CoinCodex analysts, with a minimum of $0.17, and a maximum of $0.31. Further, though, an uptrend is expected.
AGIX Price Prediction for 2030
CoinCodex specialists believe that 2030 won’t deliver significant price increases for AGIX. The token is expected to be traded at a minimum of $004, and the maximum it may reach is $0.63.
The BTCC specialists are far more optimistic about AGIX. They believe that 2030 will be marked by the development of projects with multiple use cases, with SingularityNET being one of them. Thus, 2030 may deliver a rapid growth in value for AGIX, with the token price boosting up to $23.
Bottom Line
SingularityNET is one of the most promising projects out there, with a proven track record and successes acknowledged worldwide. As such, it has an immense potential to become the foundation for further AI development and its mass adoption.