What is AGIX coin? Learn what AGIX coin is in one minute

AGIX, the native token of SingularityNET, plays crucial roles as a utility token for AI services, staking, governance, payments, and community engagement within the platform's ecosystem.

Oct 08, 2024 at 12:06 am

What is AGIX coin?

SingularityNET is an AI marketplace and platform provider that provides decentralized AI services for businesses and individuals. The native token of SingularityNET, AGIX, is an ERC-20 token that plays a key role in the SingularityNET ecosystem.

Utility of AGIX coin:

AGIX token holders can stake their tokens to participate in the network and earn rewards. Staking AGIX gives voting rights to holders, allowing them to participate in the governance of the SingularityNET protocol.

Use cases of AGIX coin:

AI services: Purchase AI services from the SingularityNET marketplace using AGIX tokens.
Staking: Stake AGIX tokens to earn rewards and participate in governance.
Rewards: Developers and service providers can earn AGIX tokens as rewards for contributing to the SingularityNET ecosystem.
Payments: Use AGIX tokens to pay for AI services and transactions within the SingularityNET platform.
Community: Engage with the SingularityNET community through token-gated channels and events.

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