In Dubai, the Cardano Summit 2023 is set to bring together various crypto projects to discuss the future of the network and blockchain technology. SingularityNET, a project integrating blockchain, machine learning, and AI products, announced the launch of staking capabilities for its native token, AGIX, during the event. This allows users to earn a yield from holding the token and support the adoption of Cardano and SingularityNET. The staking feature will be available to everyone later this month. SingularityNET migrated from Ethereum to Cardano due to their shared vision for positive impact and Cardano’s mathematically robust blockchain. The company is working on projects such as Zarqa, Cogito Protocol, Rejuve, and Sophiaverse on Cardano. The future of AI running on the blockchain looks promising, with Cardano’s innovations in privacy-preserving data processing and SingularityNET’s focus on developing AI technologies. Together, they aim to reduce inequalities and achieve significant advancements in the coming years.
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