Plain English
SingularityNET is one of the oldest crypto AI projects, launched in 2017 by Ben Goertzel. Focused on a decentralized marketplace for AI services. AGIX was the original token, migrated to FET via the 2024 ASI Alliance merger. Sophia the Robot (Hanson Robotics) is associated with the project.
How it actually works
Marketplace where AI service providers list their models; users pay to access them. Ranges from simple ML services to AGI research initiatives. Post-merger, infrastructure consolidates with Fetch.ai and Ocean Protocol under the ASI banner.
What it means for you
SingularityNET’s practical relevance has shifted post-merger — AGIX tokens convert to FET; the broader thesis is captured via ASI Alliance exposure. For HNW positioning, this is now indirect exposure via FET. SingularityNET as a brand continues but as part of a consolidated ecosystem.
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