Now that we are living in this so-called hi-tech world, everything is possible. Anything that comes to human mind can turn into a reality. Most of the things around us are associated with modern technology, and the demand for having so is drastically increasing every day. The perfect marketplace to find AI services is somehow a bit challenging. This is where the idea of creating SingularityNET came.

What is SingularityNET?

It was made from strong will of spreading AI. It allows every user to build, share and then generate money through AI services. It is the Earth’s most decentralized platform exclusively for AI ideas. It helps to remove all contributing factors that block the development and also handles all operation issues with regards to AI matter.

SingularityNET aims to democratize AI technologies and visualizes an open system for everyone. It collected leading experts and specialists so that all may get to experience the best AI agents and services. The network believes that AI benefits should not only be enjoyed by a small circle of an institution, but it should also be shared to all. The network guarantees technology is generous enough based on man standards and ensures beneficial contributors receives rewards and incentives.

Sophia is one of their first products and is now legally a citizen of Saudi Arabia. She is the most communicative humanoid robot. SingularityNET powers her brain through multiple Artificial Intelligence modules. That is why she can see, hear, speak and can express emotions. She has already attended many interviews around the world where she answered questions and made some conversation.Sophia is one of their first products and is now legally a citizen of Saudi Arabia. She is the most communicative humanoid robot. SingularityNET powers her brain through multiple Artificial Intelligence modules. That is why she can see, hear, speak and can express emotions. She has already attended many interviews around the world where she answered questions and made some conversation.

Network agents and external participants need ways of estimating reputations of each other. It is a crucial factor in making transactions and plays a significant role in allocating resources or managing the network. Therefore, SingularityNET provides rating mechanism to satisfy the needs. The rating system should evolve together with the network.

Some of the elements that affect the agent standings are agents’ stake deposits, benefit rating tasks and validation from external factors.

AGI Token

It is created to meet the three assigned objectives. It ensures no cost and not discriminatory access since the beginning and focuses on the value made in the network. It lets an increase of incentives for organizing AI services. It rewards good behavior practices too!

Positioning of Robots and Implanted Devices

Most of the agents live mainly with computers in homes or offices; that’s why it is more practical to put nodes in small devices. It will open more opportunities and possibilities through the internet. Those embedded devices that participated in SingularityNET will have the chance to exchange services or data to other devices. They can also do financial exchanges linked to those data using SingularityNET token.

The Competitive Team

Ben Goertzel is the Chief Executive Officer of SingularityNET while Mitchell Loureiro acts as the Community Leader. They work hard for the company together with the other members like Cassio Pennachin and Simone Giacomelli. Aside from them, SingularityNET has many advisors who support the system.