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TürkçeSingularityNET Information
SingularityNET is a pioneering platform designed to bring decentralized artificial intelligence services to a global audience. By leveraging blockchain technology, it enables AI developers to monetize their algorithms while allowing users seamless access to a diverse range of AI solutions. The platform fosters an open and collaborative ecosystem where innovation can thrive, empowering both developers and users to explore the transformative potential of AI.
The Rise of SingularityNET: Exploring its Potential in the Crypto Space
SingularityNET (AGIX) is a decentralized platform aimed at bridging Artificial Intelligence (AI) with blockchain technology, enabling a global network of AI services on a publicly accessible marketplace. Its intriguing concept focuses on democratizing AI technology, making it accessible and beneficial to everyone. Let's delve into the potential advantages and disadvantages of investing in SingularityNET and examine its past performance and future prospects.
Advantages of SingularityNET
One of the primary advantages of SingularityNET is its pioneering approach to merging AI with blockchain technology. By creating a decentralized AI marketplace, it enables developers to monetize their AI tools and services, expanding the reach and efficiency of AI technology globally. This opens up a vast array of possibilities for AI advancements without the need for a centralized authority.
Moreover, SingularityNET's community-centric approach fosters collaboration and innovation. This platform offers developers, businesses, and individuals opportunities to host, share, and improve AI services, thus driving technological progress. The backing by prominent figures in AI research, including Dr. Ben Goertzel, adds credibility, as he is a recognized leader in AGI (Artificial General Intelligence).
Challenges and Disadvantages
Despite these exciting prospects, SingularityNET faces challenges typical of emerging technologies. Firstly, the scalability of blockchain and distributed technologies can pose significant hurdles. Ensuring performance efficiency and managing a large-scale network can be daunting, particularly as the user base grows.
Additionally, navigating regulatory landscapes poses potential risks. With AI and blockchain technologies often under scrutiny, SingularityNET needs to adapt to varying legal requirements across different regions to sustain its global operations.
Historical Performance
SingularityNET's journey has been quite dynamic since its inception. The platform launched during a period of increased interest in both AI and blockchain technology. Initially, the value of its native token AGIX saw a significant rise, buoyed by market optimism and enthusiasm for innovative tech solutions. The token saw its all-time high (ATH) at $1.46 in March 2024, representing the peak of its speculative interest.
However, like many cryptocurrencies, AGIX has also faced volatility. The all-time low was recorded at a mere $0.0075 in March 2020, during a broader market downturn. Such fluctuations are typical in the cryptocurrency market, often driven by market sentiment and broader economic factors.
Future Outlook
Looking ahead, SingularityNET's prospects are undeniably promising, given the increasing reliance on AI across industries. The ongoing development and integration of AI services via blockchain technology could revolutionize sectors ranging from healthcare to finance, enhancing efficiency and innovation.
To achieve sustained growth, SingularityNET must continue to upscale its network, improve user accessibility, and navigate the ever-evolving regulatory environment pragmatically. Furthermore, community engagement and strategic partnerships will be pivotal in driving awareness and adoption globally.
In conclusion, SingularityNET is an ambitious project at the intersection of major technological domains. While challenges prevail, the platform's potential, particularly in fostering an inclusive AI ecosystem, illuminates a bright future for AGIX amidst the rapidly evolving crypto and tech landscapes.
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from price
$1
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General Information |
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Title
SingularityNET
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Symbol
agix
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Whitepaper
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Website
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Community
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.563539
$
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High 24h
0.566999
$
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Low 24h
0.492802
$
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Price Change 24h
0.05213
$
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Price Change % 24h
10.19335
%
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Market Data |
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Market Cap
235614534
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Total Volume
252826
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Market Cap Change 24h
21812490
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Market Cap Change % 24h
10.20219
%
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Return on Investment (ROI)
463.53865806012
%
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Supply and Availability |
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Circulating Supply
418080303.91526
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Total Supply
569187599.1074
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Max Supply
2000000000
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Historical Data |
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All Time High (ATH)
1.46
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ATH Change %
-61.29279
%
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ATH Date
2024-03-10 00:24
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All Time Low (ATL)
0.00747159
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ATL Change %
7468.00431
%
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ATL Date
2020-03-13 02:24
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