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            What is SingularityNET (AGIX)? How To Buy AGIX In India?

            Wondering what is SingularityNET (AGIX)? It is a utility token used for payments and for incentivizing the development of the SingularityNET platform. Find out how to buy SingularityNET in India.

            23 Feb 2023 | 3 min read
            What is SingularityNET (AGIX)? How To Buy AGIX In India?

            Table of Contents

            Toggle
            • What is SingularityNET (AGIX)?
            • WHO ARE THE FOUNDERS OF SingularityNET (AGIX)?
            • HOW DOES SingularityNET (AGIX) WORK?
            • WHAT MAKES SingularityNET (AGIX) UNIQUE USE CASES?
            • SingularityNET (AGIX)PRICE ANALYSIS
            • HOW TO BUY SingularityNET (AGIX)TOKEN IN INDIA?

            What is SingularityNET (AGIX)?

            SingularityNET is a blockchain platform that allows users to create, share and earn by sharing AI services. Users can access, browse and use from a plethora of AI services and solutions from SingularityNET’s AI marketplace  by paying in AGIX tokens. AI developers can publish and sell their AI tools and solutions and receive AGIX tokens as their fee. 

            Launch Date 2018
            Founder  Dr. Ben Goertzel
            Blockchain Protocol Ethereum and Cardano blockchain
            Native Token  AGIX
            Market Cap ₹40,899,742,110
            Token Type DEX
            Circulating Supply 1,204,121,857 AGIX
            Max Supply  2,000,000,000
            Consensus Method  Proof of Stake 

            WHO ARE THE FOUNDERS OF SingularityNET (AGIX)?

            The platform was founded by Simone Giacomelli and Dr. David Hanson. Dr. Ben Goertzel is the CEO and chief scientist of SingularityNET. Dr Ben upholds years of experience in AI and Robotics and has been associated with firms like Hanson Robotics and the OpenCog Foundation.

            Dr. David Hanson also holds great experience in the AI and Robotics space and has worked on several AI based start-ups like Human Emulation Robotics, Initiative for Awakening Machines and Hanson Robotics. 

            HOW DOES SingularityNET (AGIX) WORK?

            Truly decentralized in nature, SingularityNET’s AI marketplace can be accessed by anyone who has a crypto wallet. Users can browse through the varied AI marketplace and get a demo of the product. After the demo if the user wishes to use the solution he or she can simply connect their crypto wallet and pay for the AI service in AGIX. AI developers who have a ready product can choose to publish their tool on the market place by using the AI publisher. 

            WHAT MAKES SingularityNET (AGIX) UNIQUE USE CASES?

            AI marketplace: The crux of SingularityNET is the AI marketplace. The platform is one of its kind where users can browse through innovative AI solutions and choose any AI service they like by paying a fee in AGIX. Users can also opt to pay AGIX through Cardano by simply transferring their tokens from Ethereum blockchain to Cardano with SingularityNET’s bridge. 

            AGIX staking and SingularityNETDAO: Token holders can also stake their AGIX tokens as well as use it as a governance token by holding AGIX. The DAO allows participants to vote for SingularityNet Improvement Proposals.  

            AI publisher and Developer Portal: AI developers can simply visit the AI publisher to upload their AI tool for publishing on the AI marketplace. The developer portal on SingularityNET offers a range of documents, guides and tools to get started with publishing and managing their tool (s) and fees collected through the marketplace. 

            SingularityNET (AGIX)PRICE ANALYSIS

            AGIX  was trading at ₹33.98 at the time of writing. The Relative Strength Index of AGIX stood at 52 indicating a bullish trendline. The token has surged since the beginning of 2023. The 50 day Simple Moving Average of AGIX stands at INR 20.68. Currently all indicators point to a strong buy pressure for AGIX. 

            Source: TradingView 

            SingularityNET (AGIX) Price Today ₹33.98
            Price Change <Yearly> NA
            Market Dominance 0.05%
            Market Rank (as per CMC) 90
            Market Cap ₹40,920,651,893
            Fully Diluted Market Cap ₹67,967,625,778
            ATH ₹153.84
            ATL ₹0.6204

            HOW TO BUY SingularityNET (AGIX)TOKEN IN INDIA?

            If you are looking to buy a crypto asset that includes AI into its realm, SingularityNET (AGIX) could be a good fit. You can invest in CTCX through CoinDCX – India’s leading crypto exchange. To begin with, all you have to do is,

            • Download the CoinDCX App on your smartphone 
            • Enter the details required for registration 
            • Complete KYC 
            • Once your profile is verified, fund your CoinDCX wallet and buy  SingularityNET (AGIX) 

            Read more: Latest Crypto News

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            Crypto products & NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations.

            *Data sourced from Looker app as on 01st May,2023
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            *Quarterly trading volume for Q2 FY'23. Currency conversion rate applied as in data capturing period
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