{"id":1373,"date":"2021-02-10T20:58:55","date_gmt":"2021-02-10T20:58:55","guid":{"rendered":"https:\/\/adavault.com\/?p=1373"},"modified":"2021-02-11T07:03:36","modified_gmt":"2021-02-11T07:03:36","slug":"singularitynet-phase-2","status":"publish","type":"post","link":"https:\/\/dev.adavault.com\/index.php\/2021\/02\/10\/singularitynet-phase-2\/","title":{"rendered":"SingularityNET phase 2"},"content":{"rendered":"\n

Those of you who have been following this blog for a while will know that we are big fans<\/a> of Dr Ben Goertzel who is the founder of SingularityNET, a decentralized platform for AI apps.<\/p>\n\n\n\n

So you can imagine that we were pleased to see that the recent vote on the SingularityNET phase 2 proposal has concluded with 90% voting in favour for:<\/p>\n\n\n\n

  1. A shift from Ethereum to Cardano in order to achieve new network functionalities<\/li>
  2. SingularityNET Layer 2 networks with the aim of driving massive token utilization<\/li>
  3. Launching a stream of New AGI-ADA tokens to drive trillions of AI API Calls<\/li>
  4. Moving further toward decentralized governance<\/li><\/ol>\n\n\n\n

    Dr Goertzel noted:<\/p>\n\n\n\n

    SingularityNET will now focus on expanding to the Cardano<\/a> platform in full force and the release of the AGI \u2013 ADA tokens in line with the distribution model underlined by the Phase 2 whitepaper. Once the porting work is done, users will be able to swap back and forth between AGI ERC-20 and AGI-ADA<\/p>https:\/\/ambcrypto.com\/singularitynet-initiates-phase-2-of-migration-to-cardano\/<\/a><\/cite><\/blockquote>\n\n\n\n

    We also tend to agree with Ben on this as well:<\/p>\n\n\n\n

    It\u2019s just a technically superior blockchain platform. We really felt this was the best way to work toward our mission of beneficial decentralized general intelligence<\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

    Those of you who have been following this blog for a while will know that we are big fans of Dr Ben Goertzel who is the founder of SingularityNET, a decentralized platform for AI apps. So you can imagine that we were pleased to see that the recent vote on the SingularityNET phase 2 proposal…<\/p>\n","protected":false},"author":1,"featured_media":1374,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[75],"tags":[152,153,151,150,148],"class_list":["post-1373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano-community","tag-agi-ada","tag-ben-goertzel","tag-cardano-migration","tag-phase-2","tag-singularitynet"],"yoast_head":"\nSingularityNET phase 2 - ADAvault<\/title>\n<meta name=\"description\" content=\"The ADAvault blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.adavault.com\/index.php\/2021\/02\/10\/singularitynet-phase-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SingularityNET phase 2 - 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