What is the issue volume of AGIX coins? An article introduces the application scenarios of AGIX coins

The total issuance volume of AGIX coins, the native tokens of the SingularityNET AI ecosystem, is 2,000,000,000 AGIX.

Oct 01, 2024 at 12:48 am

What is the Issuance Volume of AGIX Coins?

1. General Information

AGIX coins are the native tokens of the SingularityNET ecosystem, a decentralized platform that aims to create an AI marketplace where developers can share and monetize AI algorithms.

2. Issuance Volume

The total issuance volume of AGIX coins is 2,000,000,000 AGIX.

3. Distribution

The initial distribution of AGIX coins was as follows:

• Private sale: 50%
• Public sale: 20%
• Team: 15%
• Ecosystem development: 10%
• Liquidity: 5%

4. Use Cases for AGIX Coins

AGIX coins have several use cases within the SingularityNET ecosystem, including:

• Algorithm creation and sharing: Developers use AGIX to create and upload AI algorithms to the SingularityNET marketplace.
• Algorithm consumption: Developers and businesses use AGIX to purchase and use AI algorithms from the marketplace.
• Transaction fees: AGIX is used to pay for transaction fees on the SingularityNET platform.
• Staking: AGIX holders can stake their coins to earn rewards and support the network.
• Community governance: AGIX holders can participate in community governance and vote on proposals to shape the future of the platform.

5. Conclusion

The issuance volume of AGIX coins is 2,000,000,000 AGIX. The coins have multiple use cases within the SingularityNET ecosystem, including algorithm creation, algorithm consumption, transaction fees, staking, and community governance.