In this video, the presenter introduces SingularityNET, a decentralized AI services marketplace founded by Ben Goertzel (noted for creating the Sophia robot with Hanson Robotics), and its native AGI token. He frames the discussion as part of a new series that seeks out cryptocurrencies with genuine, world‑changing utility rather than simple payment functions. The video explains SingularityNET’s mission to democratize access to advanced AI, arguing that a blockchain‑based platform can prevent any single nation or entity from monopolizing powerful AI capabilities—a concern echoed by figures like Elon Musk. The presenter highlights the projected $15 trillion AI market by 2030 and speculates that the AGI token could capture a $3 trillion slice of that value. He also describes how the token incentivizes AI developers by rewarding contributions on a decentralized marketplace. Throughout, he expresses strong personal support for the token, adds it to his portfolio, and calls for viewers to suggest other high‑impact coins while avoiding those that merely serve as payment processors.
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Hey you, welcome back to the channel. And guys, today I want to talk about SingularityNET, a great project, a great token under the symbol of AGI, started by Ben Gersel. Ben Gersel, pretty much at the top of the artificial intelligence and robotics industry at this time. He is responsible along with Hanson Robotics for creating the Sophia robot. And what I'd like to do, guys, is kind of start this little series where we try to identify coins that not only have great use cases, but are significantly going to change the world and just are in a class of their own. And I think SingularityNET is one of those type projects. We're going to try to stay away from tokens that just act as payment processors and things like that as a payment system, because fundamentally every cryptocurrency out there can do that. It's just a matter of who wants to accept it or not. But this is something far different. So in this series, and I don't think it'll be a very long series because I I think that there are very few coins that are on this level, but SingularityNET is certainly one of them. So we're gonna talk about that a little bit today and the importance of projects like this. So if you're not familiar with SingularityNET and the AGI token, let's read here from the website what exactly it is. So SingularityNET, Lets anyone create, share, and monetize AI services at scale. The world's decentralized AI network has arrived. And so this is saying a lot. It's open for all. SingularityNET is a full-stack AI solution powered by a decentralized protocol. We got the leading minds in machine learning and blockchain to democratize access to AI technology. Now anyone can take advantage of a global network of AI algorithm services and agents. So this is very interesting, guys, and I'm just gonna talk a little bit about why this is so important. So, uh, there have been several interviews, um, that have went out, uh, about from, from very important people in the tech industry, people from Elon Musk, um, that talk about the dangers of artificial intelligence, super AIs, and who controls them. Um, it's a super artificial intelligence. Um, it's hard to fathom what would happen with a breakthrough in technology like that. And it doesn't even have to be super AI. It can just be really sophisticated artificial intelligence that emerges. The problem with this is that you could potentially have an imbalance in the global situation as far as certain nation states getting access to artificial intelligence before others, right? If China were to get access to a super artificial intelligence before the United States and vice versa. We're not sure what that would mean to the rest of the world. And so what this does is this democratizes it. It takes it outta hand of being controlled by one entity that could potentially enslave the world or destroy the world, take your pick. And it almost sounds like something outta science fiction, but that's the world we live in today. where technology, uh, on this scale could give an advantage to other people. But that's just, you know, that's just one, I think, of the most important, you know, um, things to look at with technology like this and why, uh, we should be concerned about it. Uh, you know, in addition to that, um, it offers, uh, a ways for these developers to— and all this talent and all these talent and all these brilliant minds to be, uh, to use this token to pay for their work. They could be rewarded for on a type of marketplace, um, you know, for creating this, uh, and testing out various artificial intelligence and various things like that. So very, very interesting token. I think that probably, uh, what hits home or, or, or, or what pretty much goes to the idea of a lot of this too, as many have probably seen the Sophia robot, that, and that's that beautiful robot that basically does a lot of television shows, was granted citizenship in Saudi Arabia, and does a variety of talks at the United Nations. And it's probably one of the most sophisticated humanoid robots at this time, and it's very sophisticated. Even with this technology really, really just starting. So it's scary to look at what will happen in the next 10 years with this technology, how advanced it could possibly be. In addition to that, when it comes to the economics of the field of AI, it's estimated that about, I believe, $15 trillion will go into this type of AI technology by 2030. And interesting enough, it has led some in the cryptocurrency space to speculate that this particular token AGI, which I believe is a term or is coined by Ben Gertzel to mean artificial general intelligence. Don't quote me on that, but I think AGI stands for Artificial General Intelligence, not artificial intelligence, right? And, um, but it has led some to believe that this token AGI could possibly encapsulate about $3 trillion of the, uh, of that $15 trillion. $3 trillion is a lot of great deal of money, great deal of money. We've also seen a recent bumping the price of the AGI token. And that's all very interesting, guys. Very interesting stuff. I'm definitely on board with this token, and I think that's what's going to be the idea of this series, to seek out really valuable, significant tokens. You know, we cover on some of our last videos that, you know, many of these tokens that are out there Trace, interview with Trace Mayer. Trace Mayer spoke about it, that, you know, it is pretty— these are pretty much just speculative devices for the most part. And, uh, right, you know, there's nothing wrong with having fun, it's nothing wrong with gambling, there's nothing wrong with going to Las Vegas, but we don't want to focus on those type of things. There are other channels and there are other people who are going to do that, and it's going to be a lot of that. And in some cases, some people just want to have fun and make a little bit of money. Nothing wrong with that. But then there are members of the cryptocurrency community that really wanna look for serious uses and significant uses to this technology that are valuable to the world on a fundamental scale, right? And if that's not going to happen, then some of us, you know, would shy away from, you know, will pull away from that because it's not something that we believe will be sustainable for, you know, for a long duration of time. You know, in fact, you know, if it's based on just speculation and these aren't real significant uses and people are just creating this stuff to make some money and, or it's a gimmick, you know, to make a few dollars for maybe the people at top, then, you know, obviously that's not gonna be anything that really impacts the world, right? But this token, AGI, that I had always been following a while now, and I like the token, but, um, you know, for some reason, I think I, like many of you all, I got caught up in the hype of the bull market. And sometimes I think when every coin's performing pretty well, it kind of takes your eye off the ball of the important projects. But, um, AGI token, to me, it is Definitely looks like a great token. You know, again, uh, people in the tech area have expressed the dangers of not democratizing artificial intelligence, and the blockchain is the best way to do that. Uh, so very interesting. I definitely give this token a thumbs up. We'll be adding it to my portfolio. And, uh, guys, if you know of any great coins that can really impact the world And we're trying to stay away from payment type coins, right? If it's anything to just do with sending a payment here or there, we wanna try just in this segment to focus on, because there's so many coins that can already do that. But try to find coins that significantly can change the world and deal with real life problems and situations. But guys, that's all I want to say in this video. If you like content like this, don't forget to like and subscribe. And until next time, take care.
