SingularityNET AGI to AppCoins APPC Exchange

Crypto Pair Details: AGI to APPC

SingularityNET AGI

SingularityNET is a decentralized marketplace for Artificial Intelligence (AI). The business value of AI is becoming clearer each day; however, there’s a significant gap between the people developing AI tools (researchers and academics) and the businesses that want to use them. Most organizations need a more customized solution than what a single AI project can offer, and research projects oftentimes have trouble accessing a large enough data set to build effective machine learning. SingularityNET closes these gaps. The long-term vision of the SingulairtyNET team is to build a network of complex AI Agent interactions primarily using resources from the OpenCog Foundation. To look at this further, let’s check out their in-house built humanoid robot, Sophia. Sophia uses a combination of AI Agents that range from natural language processing to physical motor controls to operate. You tell Sophia to summarize a video that’s embedded in a webpage. To do this, Sophia sends a request to Agent A. Through its AI, Agent A knows that Agent B specializes in analyzing and transcribing video while Agent C specializes in summarizing text. Agent A pays Agent B and Agent C to perform these tasks while Sophia pays Agent A to coordinate. All the while, each Agent has updated their own AI with the network information gained from these tasks and combines it with their previous experiences and knowledge. Therefore, the collective AI of the system grows at a faster rate than any individual Agent. SingularityNET wants to build a decentralized protocol for creators and users of AI to interact with each other, to not only help individual projects benefit by leveraging the strengths of other AI systems that might handle certain tasks better, but ultimately to develop SingularityNET into a functioning AI system itself, with nodes on the network making their own decisions about how to connect services and proactively provide solutions to academic and business problems. Tokenizing the network creates an AI marketplace where AI developers and sellers can not only link with others who might assist in building more robust AI solutions, but also allow AI services and products to be bought and sold, creating revenue and establishing price points where none have existed before. The SingularityNET team boasts 50+ AI developers and 10+ PhDs. Dr. Ben Goertzel leads the group as CEO and Chief Scientist. He’s also the Chairman of the OpenCog Foundation and the Artificial General Intelligence Society, as well as the Chief Scientist at Hanson Robotics, the partner company helping bring SingularityNET to life. Dr. David Hanson, founder of Hanson Robotics, serves as the Robotics Lead. Most famously, Hanson Robotics built Sophia, the most expressive humanoid robot to date. Sophia is also a proud member of the SingularityNET team. The team recently released the alpha version of the platform and is planning on launching a public beta sometime in the middle of 2018.

AppCoins APPC

AppCoins is a protocol for the App Economy created by the Aptoide App Store, and the first ICO serving 200 million users with the goal of creating a trustworthy economy without intermediaries. The AppCoins project was designed to foster innovation in technology. To create a universal digital advertising protocol for mobile devices, the developers at Aptoide designed AppCoins. AppCoins is an application-specific token which was designed to create a universal digital advertising protocol for mobile devices. It can be used to incentivize behavior which can then be used to raise money for the development of an app. Aptoide is the 3rd biggest app store with a with over 4 billion downloads and 1 million Apps. WIth over 230,000,000 users, apps and support in 40 languages, more than 2.8 billion downloads, the cryptocoin can revolutionize how people use mobile technology and applications. AppCoins will bring in a range of standard protocols to be followed by all developers to advertise their games or apps in the app store.The “AppCoin” ERC20 token will bridge the gap between the advertisers and the users. A user earns 85% from every advertising investment that goes inside the app store. The user has to then use those coins to buy items (in-app purchases) inside the apps and games, thus, generating the return of the investment to the developers. Most industry enthusiasts believe that the immediate forecast of AppCoins price trends leans towards the downward slope. It is expected to be priced at an average price of ~$0.191 for a long while, with a few minor fluctuations.The trend is however, expected to stabilize at this point until Aptoide as a platform gains traction within the mobile usage industry. Once the ROI of the Aptoide platform starts multiplying significantly due to an increase in the number of users and developers on the network, the price will increase significantly and will correspond to good returns for investors. AppCoins is an innovative concept with a tidy site that conveys the underlying ideas well. As described above, investment in APPC is a favorable option for both developers and users. However, it is evident that the returns of the AppCoins’ solution are directly proportional to the development of the relationship of the App-store and the OEMs in the ecosystem. Thus, the amount of profit or returns gained by a trader will be a function of the ROI which the platform develops and its reputation in the crypto space.With almost 50% of the APPC coins in circulation as of July 2018, users have a good opportunity to buy them. However, it should be noted that it does not form a good investment option for a short period of time.

SOURCE: COINGECKO

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