In the current cryptocurrency scenario, a new collaboration stands out: SingularityNET, a platform focused on artificial intelligence, and Minswap Labs, a decentralized exchange on the Cardano blockchain, announced a strategic partnership.
The main objective of this union is to integrate AI solutions into Minswap’s decentralized finance (DeFi) sector, thus expanding the functionalities and utility of SingularityNET’s AGIX token.
Announced on April 17, the partnership aims to enhance the user experience in DeFi through advanced AI technologies that can improve user interfaces, transactions and liquidity management. The collaboration is not just limited to operational improvements, but also includes expanding the functionalities of SingularityNET’s native token within the Cardano ecosystem.
We are thrilled to announce a strategic partnership with Minswap Labs, the company behind the premier decentralized exchange on Cardano @MinswapDEX. Learn more: https://t.co/vh0L3qlZx3
— SingularityNET (@SingularityNET) April 17, 2024
Ben Goertzel, CEO of SingularityNET, highlighted the importance of this integration, stating: “Using modern AI can improve what a top-notch DEX like MinSwap already does, from providing intelligent interactive user interface to helping end users enjoy enhance MinSwap’s capabilities, through to the use of AI predictive and causal analytics within agents transacting on the exchange and assistance with liquidity provision.”
This partnership also aims to generate new products and approaches for the joint use of AI and DeFi, aiming for continuous improvements in the Web3 ecosystem. At the time of publication, the price of AGIX was quoted at US$0.7864 with a drop of 5% in the last 24 hours.
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Source: https://portalcripto.com.br/singularitynet-e-minswap-unem-forcas-para-inovacao-em-defi-com-ia-na-cardano/
