As planned, we closed our whitelist on December 13th. We are not accepting any additional registrations. If you are part of our 20,000+ strong whitelist, congratulations. Now it’s time to make history.

For too long, only powerful corporations and individuals have been able to take advantage of the true power of AI. This meant that nearly all of humanity would miss out on this $3 trillion market opportunity. Even worse, the consolidation of AI resources has crippled the pace of innovation.

SingularityNET is set to permanently destroy these barriers, establishing the first and only platform for coordinating global AI resources at scale. Because our platform is built on the blockchain and powered by our native AGI token, you can take advantage of our network’s growth.

Token Generation Event (TGE) details

Here’s everything you need to know about the upcoming event:

Timeline

KYC : Registration is open until December 21st at 7am UTC. (now closed!)

: Registration is open until December 21st at 7am UTC. (now closed!) The Community Appreciation Period begins at 7:00pm UTC, December 21st. Many blockchain projects have sold their tokens to the highest bidders (typically centralized, powerful entities). Their sales ended in seconds, excluding most of their communities. We opted to allow nearly our entire community to participate. To do this, we will institute a 5 ETH cap during the Community Appreciation Period, which will end at 6:59pm UTC, December 22nd.

begins at 7:00pm UTC, December 21st. Many blockchain projects have sold their tokens to the highest bidders (typically centralized, powerful entities). Their sales ended in seconds, excluding most of their communities. We opted to allow nearly our entire community to participate. To do this, we will institute a during the Community Appreciation Period, which will end at 6:59pm UTC, December 22nd. The Open, Public TGE will start at 7:00pm UTC, December 22nd. During this period, we will lift all individual caps until the tokens are sold out. You still need to be whitelisted and KYC verified to participate.

will start at 7:00pm UTC, December 22nd. During this period, we will lift all individual caps until the tokens are sold out. You still need to be whitelisted and KYC verified to participate. How to Participate : Be on the whitelist (now closed!), complete KYC, wait for approval, and send ETH to the event address. The smart contract address has not been released yet; it will be livestreamed before the event starts.

: Be on the whitelist (now closed!), complete KYC, wait for approval, and send ETH to the event address. Hard Cap : The cap remains approximately $36 million USD. The conversion to Ethereum will take place just before the token sale and account for potential volatility.

: The cap remains approximately $36 million USD. The conversion to Ethereum will take place just before the token sale and account for potential volatility. Token Release Date: Tokens will be released immediately after sending ETH. Tokens will be frozen until the post-token generation event security audit and review is complete.

Token Details

Price per Token : 1 AGI token will be approximately $0.10 USD, converted to ETH just before the token launch. Precise ETH pricing will be finalized at the token generation event date, and the conversion rate will account for potential volatility.

: 1 AGI token will be approximately $0.10 USD, converted to ETH just before the token launch. Precise ETH pricing will be finalized at the token generation event date, and the conversion rate will account for potential volatility. Number of Tokens : There are up to 150 million AGI tokens allocated to the public token generation event. All of these are available for purchase by our community. The remaining tokens have been purchased by strategic partners around the world to kickstart SingularityNET.

: There are up to 150 million AGI tokens allocated to the public token generation event. All of these are available for purchase by our community. The remaining tokens have been purchased by strategic partners around the world to kickstart SingularityNET. Presale Portion : There was a gradual presale for strategic partners in AI and early supporters over the last 8 months. Total presale contributions account for approximately 350 million AGI tokens. These contributors bring additional strength to SingularityNET and were selected as actual users of the AGI tokens and AI services. The tokens given to them will flow quickly into the market, and any bonuses are vested for 12 months. They also brought alliances to the network which will be unveiled in 2018.

: There was a gradual presale for strategic partners in AI and early supporters over the last 8 months. Total presale contributions account for approximately 350 million AGI tokens. These contributors bring additional strength to SingularityNET and were selected as actual users of the AGI tokens and AI services. The tokens given to them will flow quickly into the market, and any bonuses are vested for 12 months. They also brought alliances to the network which will be unveiled in 2018. Accepted Currencies: Contributions can only be made with ETH. Other cryptos like BTC or fiat currencies like USD will not be supported.

If you want to know how to quickly exchange BTC to ETH, we wrote an article on how to do it.

Eligibility

KYC Requirements : Every participant must complete KYC. The KYC process will be opened on December 15th and we will send the instructions via email . We recommend you complete KYC as soon as possible to secure your place in the event.

: Every participant must complete KYC. The KYC process will be opened on December 15th and . We recommend you complete KYC as soon as possible to secure your place in the event. Participation Requirements : AGI tokens have a real, specific consumptive use. We strongly believe that they are not “securities”. But to ensure complete compliance, we prefer to voluntarily limit the sale of our tokens in U.S. and Canada, at any stage of the sale, solely to Accredited Investors. You must complete Investor Accreditation Verification if American or Canadian. If you don’t have an accreditation document yet, we strongly suggest you to use verifyinvestors.com. Only after uploading the accreditation document and the KYC process has been completed for U.S. and Canadian will participation be possible.

: AGI tokens have a real, specific consumptive use. We strongly believe that they are not “securities”. But to ensure complete compliance, we prefer to voluntarily limit the sale of our tokens in U.S. and Canada, at any stage of the sale, solely to Accredited Investors. You must complete Investor Accreditation Verification if American or Canadian. If you don’t have an accreditation document yet, we strongly suggest you to use verifyinvestors.com. Only after uploading the accreditation document and the KYC process has been completed for U.S. and Canadian will participation be possible. Notice to American & Canadian Participants: If you are a U.S. or Canadian the resale of AGI tokens has to be made in accordance with U.S. and Canadian securities laws (and therefore in compliance with the respective lock-up periods of time). U.S. and Canadian purchasers are advised to seek legal advice prior to any resale of AGI tokens. Americans must hold their tokens for 12 months, while Canadians must hold theirs for 4 months, according to the regulatory guidance of each jurisdiction. Both American and Canadian participants will be custodians of their own AGI tokens. To ensure compliance with the lockup, SingularityNET will run an automated blockchain crawler to follow the AGI balance of American and Canadian participants over the next year.

If you are a U.S. or Canadian the resale of AGI tokens has to be made in accordance with U.S. and Canadian securities laws (and therefore in compliance with the respective lock-up periods of time). U.S. and Canadian purchasers are advised to seek legal advice prior to any resale of AGI tokens. Americans must hold their tokens for 12 months, while Canadians must hold theirs for 4 months, according to the regulatory guidance of each jurisdiction. Both American and Canadian participants will be custodians of their own AGI tokens. To ensure compliance with the lockup, SingularityNET will run an automated blockchain crawler to follow the AGI balance of American and Canadian participants over the next year. Nationality Restrictions: We are not accepting any contributions from citizens of Bangladesh, Bolivia, China (excluding Macau and Hong Kong), Ecuador, Iceland, Kyrgyzstan, or Vietnam, or from citizens and residents of countries that currently ban or limit token sales.

Additional Notes

Use of Funds:

Stay vigilant during the event

It is important that you only act on information you receive through official channels. Now is a good time to review our Security Procedures & Official Communication Channels.

Our team is excited to have such a forward-thinking, well-informed community of whitelisted participants. The future of AI is just around the corner, and the SingularityNET we create together could transform the world. We hope you’ll join us for our big adventure.

Get in touch with the team

If you haven’t already, join our Telegram channel to chat directly with the team and community.