Assets, Ethereum

Is SingularityNET on Ethereum?

Since its inception, the SingularityNET team has been hard at work building the world’s first decentralized artificial intelligence (AI) network. And they’ve done so with the help of the Ethereum blockchain.

The aim of SingularityNET is to provide a way for anyone in the world to access AI services in a decentralized manner. In other words, they want to make AI available to everyone, not just big corporations.

NOTE: Warning: SingularityNET is not currently built on Ethereum, but rather on its own proprietary blockchain. While the developers have considered building on Ethereum in the future, there is no guarantee that this will happen and no timeline has been set. As such, any investing in SingularityNET based on the assumption that it will be built on Ethereum may be premature and could lead to unexpected losses.

To do this, they’ve built a platform that allows anyone to create, use, and monetize AI services. And all of this is made possible by Ethereum smart contracts.

So, yes, you could say that SingularityNET is on Ethereum. But it’s also much more than that.

The team is constantly working on new ways to use blockchain technology to make their platform more accessible and user-friendly. So, while Ethereum is certainly a big part of what they do, it’s definitely not the only thing they’re focused on.

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