BlocksInform
The developers behind singularitynet ($agix) have recently announced that the cardano staking portal of the project is scheduled to launch a beta test next month, as the team moves forward with their plan to launch the Mainline Staking Portal in Q1 of the year.
According to a singularitynet tweet of the team shared with their more than 100,000 subscribers on the microblogging twitter platform. The portal will be put into operation "at the beginning of next month" in a beta test phase, with a successful test, which means that it will be published in the first trimester on the main network.
We are delighted to announce that our #Cardano staking portal will go LIVE for beta testing early next month.
If the testing and verification programs are successful, we are still on time for a T1 release on the Mainline!#SingularityNET #BuildingOnSingularityNET pic.twitter.com/tfJm9zn2dk
— SingularityNET (@SingularityNET) February 23, 2023
The staking portal will enable AGIX token holders to put their tokens on the Cardano network, rather than simply on the Ethereum network. As CryptoGlobe reported, the project launched an ERC-20 token converter last year. Letting users move their ethereum agix towards cardano.
The cryptocurrency saw its price explode earlier this month. At a time when tech giants are investing money in AI projects, with Microsoft investing up to 10 billion dollars on chatgpt-maker openai and getting ready to embed it in its bing search engine, and Google announces the launch of a rival chatgpt called barde.
The market capitalization of the cryptocurrency now amounts to 680 million dollars. Singularitynet, according to , is a blockchain-powered platform that makes it possible for anyone to "build, share, and monetize" services across their markets, that allows users to browse and purchase these services with their native agix token.
The singularitynet team is a pioneer in the field of AI and is responsible for the creation of sophia, which is recognized as the most expensive robot in the world. Their purpose is to allow sophia to understand the human language and to fully develop opencog, a varied framework of algorithms representing their innovation. Singularitynet offers companies a simplified process to integrate artificial intelligence tools and tailor solutions to meet their specific needs while ensuring accessibility.
The SingularityNET white paper was first published in February 2019, while the platform was first announced in 2017 by Ben Goertzel, the organization's Chief Executive Officer and Chief Scientist.
