Is agix coin a public chain?

AGIX coin is not a public chain. It is a utility token used in the SingularityNET ecosystem for payment of transaction fees, staking and governance.

Is AGIX coin a public chain?

AGIX is not a public chain. It is a utility token used in the SingularityNET ecosystem.

Introduction to SingularityNET

SingularityNET is a decentralized artificial intelligence (AI) platform. It allows developers and users to create, share and consume AI services.

The Role of AGIX Coin

AGIX Coin plays the following roles in the SingularityNET ecosystem:

• Pay transaction fees: You need to pay AGIX coins to use SingularityNET services.
• Staking: Service providers must stake AGIX coins to provide services on the platform.
• Governance: AGIX holders can influence the future development of the platform by participating in governance voting.

Types of AGIX coins

AGIX coins are divided into two types:

• ERC-20 AGIX: AGIX token based on the Ethereum blockchain.
• NNS AGIX: The native AGIX token on SingularityNET’s own blockchain.

AGIX coin is not a public chain, but it is an essential part of the SingularityNET ecosystem, providing power and governance for its AI services.

The above is the detailed content of Is agix coin a public chain?. For more information, please follow other related articles on the PHP Chinese website!