If you thought the piecemeal attempts we’ve witnessed to day astatine blending DeFi and AI were the pinnacle of onchain convergence, you ain’t seen thing yet. That’s the connection emanating from Singularity Finance aft successfully launching its $SFI token to kickstart a caller epoch – oregon perchance the precise archetypal existent epoch – for DeFAI.
While not everyone agrees connected the portmanteau utilized to picture the melding of decentralized concern and artificial quality (though DeFAI is the person for now) there’s little quality implicit the relation that $SFI volition play successful it. If you’re agelong DeFAI, you’re agelong $SFI, truthful the mentation goes. And there’s immoderate beardown grounds to backmost this assertion up.
For the uninitiated oregon those who’ve simply been overworked trying to support tabs connected each different onchain vertical that refuses to sleep, here’s what you should cognize astir $SFI and DeFAI successful arsenic fewer words arsenic possible.
$SFI Goes Live, DeFAI Levels Up
$SFI, the autochthonal token of the Singularity Finance ecosystem, is present officially unrecorded connected aggregate exchanges including MEXC arsenic good arsenic assorted DEXs. It’s the state token, staking token, and all-round inferior token of Singularity Finance’s EVM L2 which has been acceptable up arsenic a cosmopolitan model for hosting AI and RWAs successful each its forms.
Yep, there’s besides RWAs successful the mix, but not conscionable immoderate aged real-world assets – the absorption is connected those pertaining to the AI economy. Things similar compute, data, and different integer earthy materials that are indispensable successful keeping the AI juggernaut trucking. Singularity Finance believes it tin spot each of this innovation onchain – connected its ain concatenation to beryllium precise – and successful the process let web3 users to seizure the upside to the maturation successful artificial quality that’s poised to marque the internet’s dotcom roar look similar a whimper.
One Token, One Chain
There are galore chains retired determination purportedly dedicated to AI, ranging from decentralized operating systems to hosting agentic launchpads and provisioning marketplaces for LLM grooming data. While each of these chains and protocols are advancing the industry, they’re unwittingly fragmenting it successful the process, sending projects spinning disconnected successful other directions.
Singularity Finance isn’t trying to lick this challenge. It has nary tendency to big everything that’s happening successful AI connected its ain chain. That would beryllium an highly ambitious and so unworkable objective. What it is trying to bash is marque it casual for users to seizure the upside to maturation successful AI – crossed each the chains – successful the aforesaid mode that you tin presently speculate connected the maturation of the memecoin system by buying SOL. (Yes, determination are a batch of different ways to seizure the upside to memecoins, but let’s not overwork the analogy.)
Singularity Finance reckons that the web that tin summation a rep arsenic the location of DeFAI – the spot wherever AI-analogous tokens and RWAs are traded – tin turn its TVL into the billions and bash the aforesaid for $SFI. Will it work? It’s mode excessively aboriginal to archer – the token’s virtually conscionable launched – but there’s a batch of affirmative momentum already gathering.
The Singularity Finance testnet has proven a resounding success, some successful presumption of extremity users and projects gathering connected its tech stack. And with the motorboat of $SFI present completed, it’s got a trifecta of token-holder communities onboard, acknowledgment to the merger of SingularityDAO and Cogito and corresponding token mergers that led to this moment. Singularity Finance has conscionable tokenized itself. Now, it’s intent connected tokenizing the AI economy. If it succeeds successful this endeavor, 1 ticker successful peculiar volition beryllium everyplace this year. Its sanction is $SFI.