Artificial Intelligence (AI) and cryptocurrency have worked together hand-in-hand for a long time now. As the former continues to grow in prominence, more and more independent entities are trying their hand at creating AI services. As a response, SingularityNET has emerged as a means of making it available for virtually anyone.
Of some measure of intrigue is the underlying token AGIX. Used to power the SingularityNET platform, many are wondering what the investment potential of this crypto token can be. First, we need to know more about SingularityNET, what it can do, and what potential uses the underlying token has.
SingularityNET 2030 Price Prediction
Predicting the price movement of a cryptocurrency can be difficult on a daily basis. In order to really determine the potential of a token, we must look into the future. Five years is a good barometer, showing most what the general sentiment is regarding a token.
Making a SingularityNET price prediction can be tough, especially given the volatility that the cryptocurrency market faces. To get a better idea of SingularityNET price, we must turn our focus to the year 2030. Though a lot of things can change, it is a good barometer of what to expect.
Currently, SingularityNET is trading at about $0.13 per token. That said, where will it be when 2030 comes around? Experts are quite bullish on it and the cryptocurrency market, as a whole. When the year begins, experts predict that SingularityNET will be trading for between $1.43 and $1.67 per token. When the year comes to an end, it could crack the $2.00-per-token threshold. That would mark a jump of nearly 1,800% over today’s value.
What SingularityNET is All About
Think of SingularityNET as the ultimate sandbox for blockchain and AI enthusiasts. Users are able to access a number of unique applications and algorithms without the restrictions that come from using a centralised entity. Think of it as a decentralised AI marketplace, looking to push the very limits of what AI is capable of.
SingularityNET’s Mission
Right from the jump, SingularityNET has been vocal about its mission. That mission is to develop AGI and bring a (pun intended) singularity between these beneficial technologies. There are four core tenants that SingularityNET is based on:
Building AGI. SingularityNET’s platform feels that it is ultimately laying the groundwork for the creation of human-level intelligence. By making AGI development open-source, SingularityNET is essentially inviting those from around the world to join in and help create the next generation of AI.
Breaking the AI Monopoly. The network is also attempting to disrupt AI development by making it a decentralised experience. The goal is to allow anyone to jump in and begin contributing. This will ensure that both AI tech and its associated perks remain available to all.
Networked AI Protocol. SingularityNET also aims to become the destination for Networked AI protocols. With automatic machine learning tools used to boost their existing AI algorithms, the network is capable of covering virtually anything from natural language processing to human learning.
Fair Share for All. By using blockchain technology, SingularityNET is attempting to ensure that the power – and subsequent value – of AI is capable of being shared fairly. The network takes an approach of total inclusion and fairness when it comes to the AI space.
SingularityNET Decentralised AI Marketplace
Without a doubt, one of the most unique features of SingularityNET is its decentralised AI marketplace. It has all the potential to be a game-changer. It is essentially a one-stop shop where you can find, use, and test out a litany of AI services and algorithms.
Whether you are an individual looking to add AI services to your app or a developer that is looking to implement AI into your project, the decentralised AI marketplace becomes the direct connection. By adding blockchain technology into the equation, each transaction remains transparent and secure, fostering higher levels of trust.
Even cooler are the various services involved in this decentralised marketplace. For instance, users have access to a huge array of services, capable of browsing through a growing library of algorithms and protocols.
If that weren’t enough, you can test out any and all AI services before you are required to commit to them. With a passionate community behind it all, SingularityNET has managed to keep its marketplace buzzing along thanks to new AI solutions being introduced all the time.
AI Services and AI Publisher
One of the coolest tools available to developers is the AI Publisher tool. This easy-to-use tool allows users to create, share, and even monetise AI services without all the heavy lifting. Deploy services and build AI databases in no time. Plus, it is easier to better reach your target audience and create stronger earnings based on those AI creations.
The Create AI services make it easy to publish those services. Plus, the mix between the Publisher tool and the AI marketplace makes it the perfect mix of sharing, development, and use of advanced AI tech. More importantly, it makes the world of AI open to everyone while fostering teamwork and innovation within the AI space.
Other projects include the Token Bridge, which allows users to link to other blockchains. AGIX staking also allows users to participate in things like blockchain governance and earn rewards in the process. These are just a few of the core components of the growing SingularityNET ecosystem.
The Wave of the Future?
As more and more individuals and businesses attempt to integrate AI into their lives, services like SingularityNET will only become more valuable. Given the utility of the underlying token, that could do wonders for the AGIX token.
For now, SingularityNET feels like a speculative play with a lot of potential. As AI services and algorithms become more in-demand, SingularityNET will be there to act as the home of decentralised AI services.
