SingularityNET aims to be the key protocol for networked artificial intelligence (Networks AI) and machine learning tools, forming a coordinated artificial general intelligence (AGI) that encompasses various AI algorithms from image recognition to natural language processing. It enables real-time and flexible interaction, continuous learning and improvement, and ultimately becomes the perfect AI blockchain that serves various industries.
The SingularityNET token (AGIX) is used to implement four key mechanisms on its open decentralized platform: transaction, settlement, incentive, and governance. Developers or application users can pay or reward with AGIX tokens for developing, testing, and releasing their own AI applications and scenario simulations on the platform. Personal or organizational users who access industry-specific AI code or Dapps published on SingularityNET need to pay with AGIX tokens.
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