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SingularityNET AGI token to be hard-forked to Cardano

News just in that the SingularityNET Phase II Launch sequence has been activated, and the AGI token is to be hard-forked to a Cardano-compatible AGIX token.

In a SingularityNet post on Medium Abby Benali writes:

We are proud to announce that the SingularityNET AGI token is ready for the biggest milestone since it was first generated: becoming cross-chain compatible! This is a first and crucial step in the rollout of SingularityNET Phase 2 plan that was supported by and voted for by an overwhelming majority of our community in February of this year.

She continues:

An important part of the Phase 2 plan is to make our token interoperable with Cardano, and to mint 1 billion tokens on Cardano in addition to the 1 billion on Ethereum along with the ability to seamlessly swap between one token and the other at a 1:1 ratio.

Great news for AGI holders and for the Cardano ecosystem.

For readers of this blog you will know we are long time fans and this development is the result of a close partnership between Charles and Ben that goes back some way.

We see a very bright future for this project.