SingularityNET, a company seeking to create a blockchain based marketplace for artificial intelligence (AI) solutions, has had its cryptocurrency listed on the Binance exchange. The “AGI” Token powers the SingularityNET platform with the goal of making access to AI algorithms more open and democratic.
The listing on Binance comes almost 6 months after SingularityNET’s December 2017 initial coin offering (ICO).
The company says it has ramped up its development and community building since the ICO. Recently, SingularityNET announced its involvement in founding DAIA, the Decentralized AI Alliance, as well as the opening of its second Asian office located in South Korea. Additionally, SingularityNET has announced multiple partnerships with companies such as BitSpace, Hacken, FundRequest, Ocean Protocol, Shivom and Nexus Partners. The company says more partnerships will follow later this month.
SingularityNEt also recently announced its AI Research Lab, where it is experimenting with various as the company aims to start opening up its work to the public and directly involving its community of supporters in the next phase of its business development.
SingularityNET CEO Dr. Ben Goertzel says that if you look at the headlines people are becoming increasingly concerned about a “centralized and oligopolistic AI future.”
“This is a pivotal year for us,” says Goertzel. “We have been working diligently with regard to our vision for a democratic, open AI future. While we are focused only on building our platform and reaching out to AI developers and users, and we do not actively support secondary market activity, we are pleased with the community recognition that AGI listing on Binance Exchange represents.”
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