Logo
Cardano Ecosystem

BitcoinEthereumNews

02/25/2023

·

606 views


Cardano (ADA) Staking by SingularityNET (AGIX) to Go Live in March, Here's Why It Might Be Gamechanger - BitcoinEthereumNews.com

Gamza KhanzadaevMost hyped crypto AI platform officially launches ADA staking in MarchCardano-centric decentralised AI platform SingularityNET (AGIX) has officially announced the launch of ADA staking....

Cardano (ADA) Staking by SingularityNET (AGIX) to Go Live in March, Here's Why It Might Be Gamechanger - BitcoinEthereumNews.com


article image

Gamza Khanzadaev

Most hyped crypto AI platform officially launches ADA staking in March

Cardano-centric decentralised AI platform SingularityNET (AGIX) has officially announced the launch of ADA staking. According to the project, beta testing of the portal will start in early March. If testing and auditing is successful, the SingularityNET team hopes to launch ADA staking on the core network by the end of the first quarter of 2023.

As previously reported, staking ADA will be paired with SingularityNET’s native token, AGIX. Since early 2023, the token has grown in price by more than 420% on the wave of hype around artificial intelligence, where SingularityNET as a blockchain-built marketplace for AI services has generated the most interest among crypto enthusiasts.

In addition to Cardano, SingularityNET operates on Ethereum, and therein lies the gamechanging aspect of the upcoming innovation. As part of improving its cross-chain interoperability, SingularityNET has already launched an AGIX ETH-ADA converter bridge based on Cardano. Thus, together with AGIX-ADA staking, users will be able to convert both assets between Ethereum and Cardano networks, using a ready-made bridge.

In addition, ADA stakers on SingularityNET will probably be able to earn AGIX itself, which in addition to its crazy price action is a means of paying for services on the AI marketplace. According to the project’s whitepaper, the token will also represent voting rights in the network management system in the future.

Source: https://u.today/cardano-ada-staking-by-singularitynet-agix-to-go-live-in-march-heres-why-it-might-be-gamechanger

Post navigation

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


Read Original Article on BitcoinEthereumNews

ORIGINAL SOURCE

https://bitcoinethereumnews.com/technolo...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from BitcoinEthereumNews

See more
Cardano (ADA), Solana (SOL), and TMS Network (TMSN) Offer Exciting Opportunities for Crypto Investors in Q3 2023 – Cryptopolitan - BitcoinEthereumNews.com
BitcoinEthereumNews
Cardano (ADA), Solana (SOL), and TMS Network (TMSN) Offer Exciting Opportunities for Crypto Investors in Q3 2023 – Cryptopolitan - BitcoinEthereumNews.com

03/15/2023

·

1.7K views

Related News

See more
Voting for Us - Catalyst Fund 14

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)