Jan 13, 2025: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly Highlight — Unexpectedly Strong U.S. Employment Rattles Market

In December, the U.S. economy added 256,000 jobs, the largest increase since March 2024, while the unemployment rate unexpectedly dropped to 4.1%. This robust performance suggests a pause in the Federal Reserve interest-rate cuts may be forthcoming. Despite high borrowing costs and inflation, the labor market added 2.2 million jobs in 2024, slightly below 2023's growth, and revisions have indicated a more resilient labor market than previously thought.

Job growth was led by sectors like healthcare and retail, though manufacturing experienced losses. Wage growth is slowing, with average hourly earnings up 3.9% year-over-year. Economists have noted surprising gains in the household survey, indicating potential market stabilization. However, concerns persist about layoffs and the impact of the incoming administration's economic policies, alongside scrutiny of declining response rates in job data.

Weekly Crypto Highlight — Decentralized Finance Has a New Category (DeFAI)

The number of AI agents is rapidly increasing, covering various areas such as trading bots and automation tools, and can be chaotic and overwhelming. However, focusing on a promising niche — DeFAI, which merges 

 (DeFi) with artificial intelligence (AI) — could be transformative.

DeFAI aims to simplify DeFi for everyday users through AI agents. While DeFi was intended to democratize financial tools, its complexity has limited its reach. The goal is to make using DeFi as straightforward as texting a tech-savvy friend. Users should be able to simply say, “Stake my ETH,” and let AI handle the details.

Although many DeFAI projects are still in their early stages and reliant upon technical advancements, the potential is substantial. Benefits include user profitability, as over 80% of users can achieve better profits with AI-driven trading and farming, minimizing costly human errors. Additionally, there’s significant revenue potential, with existing trading bot protocols like Photon and BananaGun successfully simplifying DeFi, offering a model for future DeFAI projects. Unlike many AI offerings, these agents provide genuine value to DeFi.

Daniele Sesta, founder of Frog Nation, a synergistic network of DeFi projects, has identified three key use cases for AI in DeFi: 

, a chat-based interface for Solana DeFi currently in invite-only access; 

, a forthcoming tool (led by Daniele Sesta) that simplifies DeFi activities; and 

, an ETH Layer 2 with 129 AI agents on the network that’s already facilitating over 1,600 transactions on a daily basis. These innovations have the potential to redefine DeFi user engagement.

Advanced

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Weekly Institutional Insights: Risk Assets Fall on Lower Rate Cut Expectations; Say Hi to DeFAI

ai16z (AI16Z) redefines venture capital with AI-driven investments on Solana. Powered by DAO governance, its AI agent leads innovation in blockchain VC.

 (AI) agents in the crypto industry has experienced unprecedented growth over the past couple of years, even by the standards of the already booming overall AI sector. Smart agents that automate a variety of complex tasks have been a major driver of growth for many innovative businesses, including in the blockchain niche. 

Now, one project is taking it all to a completely new level by pioneering AI-driven venture capital (VC) investment. Named ai16z (AI16Z), it’s a 

 (DAO) that uses community-driven governance and smart VC investing managed by a powerful 

 known as “Marc AIndreessen.” Anyone familiar with the world of technology investing and its behemoth, Andreessen Horowitz (also known as a16z), has probably guessed that the name of the DAO-based project is a tongue-in-cheek reference to this giant of the investment sector, and the Marc AIndreessen AI agent is an allusion to its maverick co-founder, 

Having started its operations in late October 2024, ai16z has already seen its native token, AI16Z, hit a 

 of $2 billion on New Year's Eve, Dec 31, 2024, the first Solana-based AI agent cryptocurrency to achieve this feat.

 blockchain that uses a DAO governance model and utilizes an AI agent to invest in technology-focused projects and crypto assets. 

The ai16z platform is a bold undertaking to completely redefine the way VC investment works. Community members 

 holders of the platform’s native token, AI16Z 

 participate in a democratized governance process and may propose projects for consideration by the AI agent, which ultimately manages ai16z’s investment activities. Token holders can provide their input into investment opportunities, but the process of investing is managed by “Marc AIndreessen” 

 an AI agent created using the popular Eliza development framework.

The platform's name, ai16z, is a humorous reference to Andreessen Horowitz, also known as a16z, a leading technology investment firm, while Marc AIndreessen is a pun referencing a16z's co-founder, Marc Andreessen.

The project was launched on Solana in late October 2024. By Dec 31, 2024, its native token, AI16Z, had reached a market cap of $2 billion, a level that no other AI agent crypto on Solana has so far managed to attain. As of the time of this writing on Jan 10, 2025, AI16Z has become the industry’s third-highest-capped cryptocurrency in the category of AI agents, with a market cap of around $1.7 billion.

The platform's investment management agent, the AI Marc, has been developed using ElizaOS, a popular framework for developing AI agents. ElizaOS allows you to build sophisticated AI agents for complex tasks ranging from social media personas to interactive characters. in the case of the ai16z platform, the Marc AIndreessen agent is certainly capable of highly sophisticated functionality, with the ability to make and execute investment decisions.

The Eliza project's origins date back decades before the birth of blockchain technology. In 1966, Joseph Weizenbaum, a computer scientist at the Massachusetts Institute of Technology (MIT), created the ELIZA program, a rule-based system with elements of early AI technology. ELIZA allowed users to have rudimentary text-based interaction with the computer, essentially acting as the first AI chatbot. Decades later, the program was adapted to the needs of the now booming 

 to form the basis of the Eliza AI agent development framework.

ai16z's Eliza-based Marc AIndreessen is among the most popular recent examples of this technology. The AI Marc acts as a multi-functional agent that can analyze on-chain data and transactions, execute orders and evaluate project proposals submitted by the platform's user community.

The term “virtual marketplace of trust” refers to the ai16z component that manages and maintains trust scores, assigned to the platform's users, to enhance investment decision-making. As we noted earlier, holders of the AI16Z token can propose projects and assets for AI Marc's consideration.

The marketplace of trust combines three main components to create and manage trust scores:

The platform’s AI investment manager, the Marc AIndreessen AI agent, is publicly represented on social media with the X handle of 

. This “AI Marc joined” the social media platform back in September 2022, and as of early January 2025 has over 30,000 followers.

Marc AIndreessen’s X account boldly predicts that the AI venture capitalist is going to outperform the real-world Marc Andreessen, something that is, of course, going to be a challenging task. At the time of this writing, Marc AIndreessen has around $25 million in assets under management (AUM) — not the worst result for a three-month-young project — although this is a fraction of the over $40 billion managed by the real-world Marc Andreessen.

 is another initiative related to the ai16z platform. It lets token creators, typically those launching 

, conduct fundraising activities to support their projects. Creators are given one week to conduct their fundraising, and can choose who to invite to their fundraising activities. If successful in raising funds, a creator receives 90% of the amount (in the form of Solana’s SOL tokens) to invest in their preferred protocols on the blockchain.

The funds and investors attracted by the creator are structured as a DAO, specific to that token and its investment activities.

daos.fun is one of the recent examples of meme coin launch platforms on which creators have the opportunity to crowdfund their projects. These platforms have grown popular in the aftermath of the successful market run of 

, a Solana-based meme coin launchpad introduced in early 2024. However, daos.fun maintains creator verification, potentially making it a safer environment for investors interested in meme coin projects.

Unlike pump.fun, with daos.fun, verified creators are issued special badges to signal their trustworthiness. This is potentially a key factor in reducing the risk of users investing in 

, a problem of gigantic proportions in the world of meme coins.

The AI16Z token was launched in late October 2024, initially trading at $0.02–$0.06. In mid-November, the token received its first major boost when a partner at Andreessen Horowitz mentioned the AI fund in their post on X. On Nov 19, 2024, the token rose to nearly $0.50 before losing some of these gains over the following days.

However, the real boost to the token’s fortunes came in late December. On Dec 23, 2024, AI16Z was trading at around $0.60. It started to rise sharply from then on, and by Jan 2, 2025, the token catapulted to its all-time high of $2.47. Although AI16Z has lost some of these spectacular gains as of Jan 10, 2025, it still flies high, trading at $1.51. The market has clearly shown an enthusiastic attitude to the idea of AI agent–based crypto investment.

As of Jan 10, 2025, AI16Z is trading at $1.54, 38.4% below its Jan 2, 2025 all-time high (ATH) of $2.47 and 14,809.5% higher than its ATL of $0.01019 on Nov 3, 2024.

Long-term forecasts for the token are largely bullish.DigitalCoinPrice 

 to trade at $5.30 in 2027 and $8.23 in 2030, whileCoinCodex 

AI16Z is available on Bybit's Spot market as a 

. To buy the token, first, navigate to the 

 section in the main menu on Bybit's homepage, then select the

option from the drop-down menu to find the Spot pair. Alternatively, enter the token's ticker in the search box at the upper right side of the homepage. You’ll see the 

 option appear. Click on that option, and it will take you to the pair's trading page. On the right side of the page, enter the options for the quantity to buy and order type. Having specified your options, press the prominently displayed 

 campaign to grab a share of a 50,000 AI16Z prize pool. Under the terms of the campaign, new users need to accumulate a deposit volume of at least 100 AI16Z, or deposit 100 USDT and trade 100 USDT worth of AI16Z via their first trade with Bybit, in order to share in a 35,000 AI16Z prize pool. Meanwhile, existing users can also earn rewards by simply trading at least 500 USDT worth of AI16Z on Bybit’s Spot market to earn their share of a 15,000 AI16Z prize pool. The campaign is valid through Jan 20, 2025, 8:59AM UTC, and rewards are on a first-come, first-served basis.

The ai16z platform is the ultimate AI/crypto synergy initiative. It's the first venture capital firm to employ AI agents in the core function of investment management. The project aims to become a real disruptor in the field. Currently, the $25 million in AUM handled by the AI Marc looks quite modest. However, the project is still in the early months of its market presence, and only time will tell if the AI-based VC model championed by ai16z becomes a viable alternative to traditional investment fund management.

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ai16z (AI16Z): The AI-Driven DAO Redefining Venture Capital

Seraph is an advanced AI agent built by BitMind, designed to operate autonomously or semi-autonomously across diverse applications. Find out more now!

 emerges as a new autonomous AI agent at the intersection of blockchain technology and AI, combining the decentralized intelligence of 

. Designed to serve as the ultimate digital guardian, Seraph operates as an authenticator and evaluator, distinguishing truth from deception in a world increasingly dominated by synthetic data.

This article delves into the ecosystem of Seraph by Virtuals and its unique features, market performance and benefits for Bybit users.

 is a blockchain-based platform built on the 

 network that enables its users to create AI agents — virtual characters that can engage and interact within their environments in ways that closely mimic human behavior. These AI agents are designed to operate autonomously — learning, making decisions and even performing on-chain transactions, making them versatile tools for various applications.

The platform addresses the untapped potential of the $100 billion AI market, particularly within the 

 industries. It introduces decentralized co-ownership of AI-powered tokens, giving users tangible value through their engagement with its ecosystem.

Virtuals Protocol offers two types of agents:

In brief, Virtuals Protocol’s AI agent platform ensures transparency, security and co-ownership, evolving the way AI agents are integrated into gaming, entertainment and beyond.

, is designed to operate autonomously or semi-autonomously across diverse applications. Its platform prioritizes transparency, security and decentralization in its operations, and embodies the concept of a self-reliant digital entity capable of learning, adapting and performing tasks with minimal human intervention. 

Whether in gaming, content creation or data analysis, Seraph’s integration with blockchain frameworks such as Virtuals Protocol enables it to interact smoothly within decentralized ecosystems. This innovative approach positions Seraph as a transformative tool, bridging AI advancements with web3’s decentralized principles.

Leveraging advanced AI algorithms, Seraph can execute tasks based on predefined instructions and learned behaviors. This adaptability allows it to make decisions and perform actions autonomously, enabling superb functionality across a variety of use cases, such as gaming, content creation and data analysis. 

Built on the Virtuals Protocol, Seraph boasts exceptional interoperability to support interaction across multiple blockchain platforms and 

 (DApps). This design ensures Seraph’s versatility, allowing it to function within diverse ecosystems while maintaining transparency and security. 

Ownership of Seraph is represented through tokenization, making it a co-owned AI agent. Each SERAPH token corresponds to one ownership stake, enabling contributors to share in the potential growth and value of Seraph’s performance.

Seraph generates revenue through various activities, such as facilitating transactions or performing specialized tasks. This revenue is distributed among its token holders, creating a passive income stream for co-owners. Ultimately, Seraph incentivizes participation and fosters a sustainable ecosystem in which users and developers can mutually benefit.

By integrating with Bittensor, Seraph accesses a decentralized intelligence network that enhances its AI inference capabilities. Bittensor’s infrastructure provides Seraph with enough processing power and specialized outputs to ensure accuracy, efficiency and reliability in its operations. Virtuals Protocol further strengthens Seraph’s foundation by offering a secure, scalable platform for deploying AI agents. 

Seraph’s design supports deployment in a wide range of scenarios:

Integration With Bittensor and Virtuals Protocol

Bittensor’s decentralized intelligence framework allows Seraph to learn and adapt continually, while its TAO emissions provide Seraph’s operations with efficiency and incentivize both developers and stakers with a reward-driven model. Meanwhile, Virtuals Protocol enabling co-ownership and transparent interaction within the blockchain ecosystem. Together, these technologies empower Seraph to function as a highly effective AI agent that embodies the principles of decentralization, security and utility.

 an innovative staking mechanism that benefits its participants as follows:

The staking model aligns user incentives with Seraph’s mission, fostering a collaborative ecosystem for all participants to thrive.

 of $21 million, with a drawdown of 42% over the past week amid a wider market sell-off. However, the token is up 35% in the past 14 days, and reached an all-time high of $0.03859 on Jan 2, 2025.

SERAPH has a maximum supply of 1 billion tokens and a circulating/total supply of 999,550,515 million as of Jan 9, 2025.

Seraph by Virtuals merges AI and blockchain to deliver autonomous, interoperable agents, positioning itself as a transformative force in the broader web3 and DeFi system. Its road map includes expanded applications and enhanced utility, paving the way for future innovations. 

 the current SERAPH Launchpool event and stake SERAPH, MNT or USDT to earn a share of 15,000,000 SERAPH. Sign up 

Intermediate

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Seraph by Virtuals: AI Agent Utilizing Bittensor and Virtuals Tech

As Donald Trump prepares for his inauguration as the 47th president of the United States, the cryptocurrency landscape stands at a significant crossroads. 

As Donald Trump prepares for his inauguration as the 47th president of the United States, the cryptocurrency landscape stands at a significant crossroads. His unexpected embrace of Bitcoin during the 2024 campaign has set the stage for a transformative period for the crypto industry. This report will delve into the potential impacts following his inauguration, focusing on regulatory shifts, market reactions, macroeconomic contexts and the challenges that may arise.

One of the most anticipated changes under Trump's administration is a regulatory environment that’s more favorable to cryptocurrencies. With a Republican majority in both the House and Senate, the likelihood of reduced legislative barriers is high. This political landscape could enable the passage of bills aimed at clarifying the regulatory framework for digital assets.

Financial Innovation and Technology for the 21st Century (FIT21) Act

 is positioned to gain traction. This legislation aims to delineate digital assets as either commodities or securities, potentially easing compliance burdens for crypto firms. Such clarity could foster an environment conducive to innovation, enabling startups and established companies to navigate the regulatory landscape with greater confidence.

Key appointments in Trump's administration will play a crucial role in shaping the future of cryptocurrency regulation.

Trump is expected to issue multiple executive orders on his first day in office, which may include the establishment of a crypto council and directives aimed at improving banking access to crypto services. These initiatives could signal a commitment to fostering a supportive environment for the cryptocurrency industry.

Moreover, the proposal for a U.S. Bitcoin reserve, while controversial, reflects a bold vision that could further legitimize cryptocurrency in the eyes of traditional finance. However, the legality and feasibility of such an initiative remain topics for debate.

The cryptocurrency market is likely to experience heightened volatility as traders react to the inauguration and subsequent policy announcements. Historical patterns indicate that major political events significantly influence cryptocurrency prices. With Trump's pro-crypto rhetoric, traders may position themselves for potential rallies, leading to a surge in speculative trading around key events tied to the new administration.

The inauguration may also trigger a wave of institutional investment. The launch of Bitcoin Spot ETFs has already opened the door to institutional players, and a Trump administration could further incentivize this trend by promoting a favorable environment for crypto investments. Increased institutional participation is expected to enhance market stability and liquidity, providing a solid foundation for the cryptocurrency ecosystem.

Trump's economic policies are anticipated to focus on fiscal spending and tax cuts, potentially leading to inflationary pressures. Historically, cryptocurrencies like Bitcoin have been viewed as a hedge against inflation, which might drive demand from investors seeking to protect their wealth. As inflation rises, the appeal of digital assets as a store of value could grow, drawing more participants into the market.

As Trump assumes office, the correlation between Bitcoin and traditional markets, particularly the S&P 500, may strengthen. If Trump's policies lead to a robust economic recovery, both crypto and equity markets could rally together, reflecting a broader "risk-on" sentiment among investors. This dynamic could create new investment opportunities, as traditional investors increasingly view cryptocurrencies as part of a diversified portfolio.

Despite a pro-crypto stance, the possibility of regulatory backlash looms large. As the government seeks to establish control over the rapidly evolving digital asset space, issues related to taxation, 

 and consumer protection could pose significant challenges for the industry. The crypto community has long been cautious of overregulation, and any missteps in implementing new policies could lead to pushback from stakeholders.

Public Sentiment and Legislative Pushback

Public sentiment toward cryptocurrencies can shift rapidly, influenced by market volatility and regulatory developments. As Trump’s administration navigates this landscape, any signs of regulatory overreach could provoke backlash from the crypto community. Advocacy groups and industry leaders may rally for more balanced policies, emphasizing the need for innovation-friendly regulations that protect investors without stifling growth.

Moreover, the political climate surrounding cryptocurrency is fraught with division. While Trump has garnered support from many in the crypto community, detractors exist who view cryptocurrencies with skepticism. This division could complicate legislative efforts, requiring careful navigation to achieve consensus on regulatory frameworks.

The inauguration of Donald Trump as U.S. president is poised to bring significant changes to the cryptocurrency landscape. With a focus on pro-crypto policies, potential regulatory clarity and a macroeconomic environment that could favor digital assets, the coming months will be pivotal for the industry.

Stakeholders, however, must remain vigilant, as challenges and uncertainties continue to loom in this dynamic and evolving sector. The interplay between regulatory initiatives, market reaction and public sentiment will shape the trajectory of cryptocurrencies in the United States and beyond. As the crypto community watches closely, the implications of Trump's presidency could redefine the future of digital assets, fostering innovation while navigating the complexities of regulation and public perception.

In this transformative era, the cryptocurrency industry stands ready to adapt, innovate and thrive, provided it can successfully manage the challenges that lie ahead. The next chapter in the saga of digital assets is unfolding, and its outcomes will resonate well beyond the confines of the market, influencing the broader economic landscape for years to come.

Beginner

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Donald Trump's Inauguration: What to Expect and Its Implications

Altcoins

Blockchain

SingularityNET is an AI blockchain project that provides a decentralized AI marketplace for developers and consumers with a long-term vision of open-sourcing Artificial General Intelligence (AGI). 

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Hanson Robotics caused a storm globally when they brought the world Sophia, a humanoid robot that claimed it wanted to destroy humans. Now, the scientists want to take their artificial intelligence (AI) development to the next level by integrating 

With a vision to bring superior AI functionality through ‘’technological singularity,” the project is building a platform where developers can share their AI work in a decentralized way.

SingularityNET is a project leading the way when it comes to merging AI and crypto. Its 

, AGIX, has been ranking well among the AI-based tokens in the market with its price surging recently.

So, what’s SingularityNET, and who’s its target market? Let’s find out.

SingularityNET is an AI-focused project looking to leverage blockchain technology to create a decentralized AI marketplace with a long-term vision of open-sourcing Artificial General Intelligence (AGI). 

AGI, the vision of how AI will become in the future, can be used to solve any problem. It is the improved version of the current narrow AI, which can solve only a single problem.

Co-founded in 2017 by chief scientist and visionary Dr. Ben Goertzel, and CEO and founder of Hanson Robotics Dr. David Hanson, SingularityNET aims to provide a commercial launchpad for AI-based 

SingularityNET has an ambitious team working on an open-source AI-powered infrastructure that allows the use of 

 for developers to build AI products for end users without the need for intermediaries. Its goal is to provide a decentralized option for consumers and developers to share the benefits and rewards of self-improving AGI.

The SingularityNET ecosystem’s growth is driven by the SingularityNET Foundation. To create utility for its AGIX token, the SingularityNET Foundation is facilitating an ecosystem of AI-spin offs building in 

, robotics, gaming, entertainment and biotech where they can access funding and guidance to advance their AGI initiatives.  

Think of the SingularityNET Foundation’s operations as those of a 

 (DAO), but with initial stewardship from the project’s team. As the network matures, there are plans to move toward a completely self-governed DAO.

Ultimately, SingularityNET aims to build a scalable and functional system that’s less reliant on its current host blockchain, 

, and also has a long-term vision of being chain-agnostic. 

To do so, SingularityNET has created tools that abstract from the blockchain architecture to offer fast and simple integration of AI services such as the daemon and 

. The most critical would be the daemon, a flexible tool that will aid the scalability of the platform.

 service that interacts with the Ethereum smart contracts and payments as well as many other blockchain tasks to allow developers to focus on AI-related tasks. Its main services are to facilitate payments and request translation. For payments, the daemon interacts with the Multi-Party Escrow smart contract to validate the signatures of users and ensure that sufficient funds are in place to successfully transact. Once the payment requests are processed, the daemon will then translate them into an AI-readable format.

SingularityNET uses Ethereum to host two smart contracts that are critical to the network’s operations. One is the 

, which is an ERC-165-compliant decentralized database where AI service providers sign up and provide essential details of their products such as pricing information and endpoint locations for users to call about their service.

 which is a smart-contract-powered payment system that holds payments from both end users and developers in escrow. It also facilitates faster and cheaper transactions for AI services through atomic unidirectional channels.

As a blockchain-based AI platform, SingularityNET offers the following AI services:

 is a DApp that lets developers list their AI services such as text generation and gene annotation. It provides an interface for users to interact with these services.

The marketplace is simple to use and takes away the complexities of interacting with AI. You’ll need to have a 

 or general wallet (PayPal) to make payments on the marketplace which are facilitated by the platform’s Multi-Party Escrow feature. You can make use of the call feature on the platform to request a demo of the service listed.

 is a portal where developers can easily publish and manage their AI services. All one needs to do is fill in simple forms and provide basic onboarding details about the service they intend to offer. Publishers on the portal can access advanced AI apps, beta testing tools and AI usage analytics.

 portal where AGIX tokens holders can lock their tokens to receive rewards. By 

, holders help secure the operations of the platform’s AI Marketplace.

AGIX tokens can be redeemed after 30 days to receive the earned rewards and those interested in continuing with staking can roll over their tokens into the next staking period. The staking portal operates on the Ethereum blockchain, but the network aims to release it on Cardano in the future.

AGIX token is the native utility token for the SingularityNET platform. It was created after a 

 of the AGI token which allowed it to become cross-chain compatible with Cardano. It’s tailored to support SingularityNET’s core functionality which includes:

AGIX has a max supply of 2 billion. As of the time of writing (Jan 19, 2023), its circulating supply sits at 1.18 billion, close to its total supply of 1.2 billion.

When the AGIX token started trading in January 2018, its price dropped drastically for many weeks from around $0.80 to find support at $0.04 in August 2018. From there, the price traded sideways for the rest of the year and stagnated for most of 2019 and 2020.

However, things began looking up for AGIX in January 2021 when its price gradually increased from $0.07 towards the end of that month to hit a high of $0.52 on Apr 14, 2021.

Immediately after, AGIX’s price corrected in the following weeks. However, the price began to rally towards the end of May 2021 as the hard fork drew near. The price spiked sharply on Jun 8, 2021 from $0.308 to hit a high of $0.804 on Jun 9.

Thereafter, AGIX’s price corrected sharply in the following months but ascended slightly between August and September 2021. Since then, the price has been on a gradual decline for most of 2022.

In the second week of January 2023, AGIX was among the AI-based tokens that pumped hard, surging by more than 50% within 24 hours.

AI is rapidly taking over the tech space. Combining it with blockchain technology is a strategic move by SingularityNET. The network’s shift to Phase Two of the project opens up further real decentralization of its AI services, starting from its shift from Ethereum to Cardano and the development of its Layer 2 networks. Its launch of the AGIX token further helped facilitate cross-chain interoperability between the two platforms via the 

SingularityNET also aims to advance toward complete decentralized governance. Its Phase Two plans outline that AGIX token holders and their elected Supervisory Council will have greater autonomy over the SingularityNET Foundation decisions. Additionally, there are plans to create SophiaDAO to bring together their most intelligent machine, the Sophia robot, and humans to facilitate a self-governing ecosystem.  

The project is also focusing on upgrading to 

 which will implement a highly scalable and open-source AGI that accommodates various facets such as Neuro Symbolic AI and Evolutionary Learning systems. The upgrade will add further utility to the AGIX token.

Additionally, SingularityNET has partnered with solid names in the industry that include Cardano, Hanson Robotics, Ocean and Cisco among others to build a strong AI network.

From all these advancements, it is clear that SingularityNET is pushing hard to be among the best in AI crypto and bring the AI future closer to us. This makes us believe that SingularityNET has the potential to grow in value over the long term as AI technology matures. That said, we highly recommend doing your own research before investing in any token since the crypto market is highly volatile.

You can sign up for Bybit via email or your mobile device. To sign up by email, simply enter your email address, a password and an optional referral code. Follow through with the necessary verification requirements, including entering a verification code sent to your email address. 

Signing up for an account via mobile is equally quick and simple. However, instead of entering an email address, you will need to enter your mobile number. 

Once you have successfully created your Bybit account, you can fund the account with USDT and trade it for AGIX. 

SingularityNET’s approach to merging AI with crypto is forward-thinking since many industries are turning to these two technologies to increase their efficiency in service delivery. By providing an infrastructure to help users smoothly access AI services in a decentralized way, SingularityNET is one project to watch since its vision puts together two trailblazing technologies that will propel us toward the future.

SingularityNET: Merging AI and Crypto

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards