What is SingularityNET?
Launched in 2017 by Dr Ben Goertzel, SingularityNET is a decentralized marketplace for artificial intelligence that is in its third stage of beta testing after several years in development. It is a blockchain-powered platform that is designed to let anybody easily create, share, and monetize AI services, thanks to its globally-accessible AI marketplace.
Through the SingularityNET marketplace, users can browse, test and purchase a huge variety of AI services using the platform’s native utility token AGI. The marketplace also represents an outlet AI developers can use to publish and sell their AI tools, and easily track their performance.
SingularityNET makes AIs cooperate and coordinate at a scale, removing the lack of interoperability, which makes it possible for the network to interact with multiple blockchains, this solves one of the problems of AI.