The launch allows AGIX holders to generate rewards for participating in the Cardano network. On SingularityNET, staking provides liquidity to pay for AI services in fiat instead of crypto.
SingularityNET applies AI across sectors like longevity research and robotics. The long-running AGIX token facilitates its pioneering work. Staking on Cardano coincides with the platform’s 2023 summit.
CEO Dr. Ben Goertzel said the collaboration with Cardano will drive blockchain and AI integration. Enabling staking aligns with decentralizing the economy.
The move underscores SingularityNET’s growing adoption of Cardano for core functions. Allowing AGIX staking creates new utility and could attract holder interest. It expands SingularityNET’s footprint in the blockchain AI landscape.
