SingularityNET is a decentralized AI marketplace and protocol founded by Dr. Ben Goertzel in 2017 — the scientist who coined the term “Artificial General Intelligence” (AGI) and co-created Sophia the Robot with Hanson Robotics — with the goal of building a globally accessible, blockchain-based ecosystem where AI agents can collaborate, be monetized, and eventually form the foundation of benevolent AGI. AGIX is the network’s utility token: users pay AGIX to access AI services (image generation, NLP, predictive analytics, etc.) published by developers on the marketplace; developers earn AGIX for usage. SingularityNET operates across Ethereum and Cardano. The project is part of the broader “Superintelligence Alliance” alongside Fetch.ai and Ocean Protocol.
| Stat | Value |
|---|---|
| Ticker | AGIX |
| Price | $0.10 |
| Market Cap | $24.40M |
| 24h Change | +0.1% |
| Circulating Supply | 245.27M AGIX |
| Max Supply | 2.00B AGIX |
| All-Time High | $1.46 |
| Contract (Ethereum) | 0x5b75...b542 |
| Contract (Sora) | 0x005e...900d |
| Contract (Cardano) | f43a62...4958 |
How It Works
Decentralized AI marketplace:
Any developer or organization can publish an AI service to the SingularityNET registry — a smart contract listing that describes the service, its pricing (in AGIX), and API endpoint. Users pay AGIX metered against calls.
AI-to-AI economy:
SingularityNET’s long-term vision allows AI agents to autonomously hire other AI agents for sub-tasks using AGIX — a machine-driven service economy.
Cardano integration:
SingularityNET bridged to Cardano (2021) to reduce fees and leverage Cardano’s formal verification model for critical AI governance decisions.
Superintelligence Alliance (ASI):
In 2024, SingularityNET announced a merger with Fetch.ai and Ocean Protocol to create the Artificial Superintelligence Alliance token (ASI), combining their ecosystems.
Tokenomics
| Metric | Value |
|---|---|
| Max Supply | 2,000,000,000 AGIX |
| Usage | Pay for AI service calls |
| Staking | Age-weighted staking for governance |
| Multi-chain | Ethereum + Cardano bridge |
| ASI merger | Conversion to ASI token (2024) |
Use Cases
- AI service payments — AGIX is used to pay for AI service calls on-chain
- Developer earnings — AI developers earn AGIX for API usage
- Governance — Token holders vote on protocol upgrades and fund allocation
- Agent economy — AI agents pay agents for sub-tasks autonomously
History
- 2017 — Dr. Ben Goertzel founds SingularityNET; ICO raises $36M
- Jan 2018 — AGIX token launches on Ethereum
- 2019–2020 — Bear market; ecosystem development continues at reduced pace
- 2021 — Cardano bridge launches; AGIX reaches $0.86 ATH
- 2021 — Sophia the Robot NFT collection sold for ~$700,000
- 2022–2023 — AI narrative strengthens; ChatGPT boom benefits AGIX sentiment
- 2024 — Superintelligence Alliance announced: SingularityNET + Fetch.ai + Ocean Protocol plan ASI token merge
- 2024 — AGIX ATH revisited amid AI hype; migration discussions toward ASI token underway
Common Misconceptions
“AGIX is a governance token only.” AGIX has direct utility: it is the payment currency for every AI service call on the SingularityNET marketplace, making it a utility token with genuine on-chain demand.
“SingularityNET is just hype.” The project has a working marketplace with hundreds of published AI services and a long academic pedigree — but true AGI on-chain remains a distant research goal.