Key Points
- SingularityNET (AGIX) surged by 17% today, reaching a market cap of $884 million.
- ASI token merger (FET, AGIX, OCEAN) is set to start implementation on July 1.
SingularityNET (AGIX) surged by 17% today. At the moment of writing this article, the coin has a total market cap of $884 million.
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On June 24, the team at SingularityNET shared a post via their X account in which it was announcing followers that today, June 25, at 5 pm UTC they will explore the integration of the OpenCog Hyperon AGI framework with the SngularityNET platform.
Join us tomorrow, June 25h, 2024, at 5 pm UTC to explore the integration of the OpenCog Hyperon #AGI framework with the #SingularityNET Platform!
🔔 Set your reminder now at https://t.co/lFQVNMpHDi pic.twitter.com/Hho7rHsLMr
— SingularityNET (@SingularityNET) June 24, 2024
Also, a few hours ago, they shared a message saying that DeepFunding round 4 voting results are in, and over $1.4 million has been awarded to 29 proposals to develop and publish AI services on the SingularityNET Platform and contribute to the growth of the decentralized AI ecosystem.
Recently, the ASI Alliance announced significant progress and updates on the ASI token merger scheduled for implementation starting July 1.
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.
Not too long ago, Binance released an official announcement, revealing that the exchange will support Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) token merge to Artificial Superintelligence (ASI).
Also, SingularityNET’s CEO Ben Goertzel, addressed the future uses of AI and blockchain tech. He also talked about the merging of FET, OCEAN, and AGIX tokens into a single ASI token which is a strategic move to create unprecedented scale and power for AI.
What is SingularityNET (AGIX)?
SingularityNET is a blockchain-powered platform that allows anybody to create, share, and monetize AI services, thanks to its globally accessible AI marketplace.
Via the marketplace, users can browse, test, and buy a vast variety of AI services using the platform’s native utility token, AGIX.
The platform was announced in 2017 and completed an ICO back in December of the same year, raising $36 mullion in a single minute, according to the team behind the project.
