What kind of currency is AGIX coin? Introduction to the official website, circulation and trading platform of AGIX coins

SingularityNET, a decentralized platform connecting users with AI services, utilizes its native token, AGIX, for utility, governance, and staking incentives.

Oct 07, 2024 at 04:59 am

1. Overview of AGIX Coin

AGIX coin (Artificial General Intelligence) is the native token of the SingularityNET platform, a decentralized network that provides access to artificial intelligence (AI) services. AGIX serves as a utility and governance token, enabling users to pay for AI services, participate in decision-making, and stake tokens to earn rewards.

2. SingularityNET Platform

SingularityNET is a blockchain-based platform that connects users with AI providers and allows them to access AI models, data, and algorithms in a decentralized manner. The platform aims to create a global AI ecosystem where users can share, collaborate, and monetize AI technology.

3. Token Distribution and Supply

AGIX coins were originally distributed through a token sale in December 2017. The total supply of AGIX is 1 billion coins, with the following distribution:

• 50% (500 million) for public distribution
• 20% (200 million) for the SingularityNET Foundation
• 15% (150 million) for team members and advisors
• 10% (100 million) for future development and partnerships
• 5% (50 million) for liquidity and ecosystem growth

4. Trading Platforms

AGIX coins are traded on various cryptocurrency exchanges, including:

• Binance
• Coinbase
• Kraken
• OKX
• Gate.io

5. Conclusion

AGIX coin is an integral part of the SingularityNET platform, providing users with access to a wide range of AI services. As the adoption of AI technology continues to grow, AGIX coin is expected to play a vital role in the development of the global AI ecosystem.