About SingularityDAO
SingularityDAO is a decentralised, blockchain-based organisation with the main goal of governing DynaSets, diversified baskets of cryptocurrency assets dynamically managed by AI. Voting power in SingularityDAO is granted by the SingularityDAO token (SDAO). SingularityDAO brings the sophisticated risk-management strategies of AI-managed funds to DeFi, using SingularityNET’s superior AI technology.
Trading Insights
Searched
10
Market Stats
Market Cap
£2.95M
4.48%
FDV
£3.57M
Circ. Supply
83M SDAO
Max Supply
100M SDAO
Total Supply
100M SDAO
Total Value Locked
£452.43K
Diluted Valuation
£3.32M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£2.47K
418.72%
Volume (7D)
£17.11K
Volume (30D)
£69.70K
All time high
£4.08
Price Change (1Y)
-87.12%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of SingularityDAO has decreased by 0.31% in the last hour and decreased by 2.26% in the past 24 hours. SingularityDAO’s price has also fallen by 0.16% in the past week. The current price is £0.0344 per SDAO with a 24-hour trading volume of £2.47K. Currently, SingularityDAO is valued at 99.16% below its all time high of £4.08. This all-time high was the highest price paid for SingularityDAO since its launch.
The current circulating supply of SingularityDAO is 82,733,203.76 SDAO which means that SingularityDAO has as total market cap of £2,950,246.95.
Market details
SDAO vs markets
↘ 92.32%
SDAO vs BTC
↘ 92.77%
SDAO vs ETH
↘ 87.5%
Tags
ai-big-data
defi
cross-chain-dex-aggregator
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x993864E43Caa7F7F12953AD6fEb1d1Ca635B875F | |
BNB Smart Chain | 0x90Ed8F1dc86388f14b64ba8fb4bbd23099f18240 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0344 | ↘ 2.26% |
1 Day | £0.0353 | ↘ 2.26% |
1 Week | £0.0342 | ↘ 0.16% |
1 Month | £0.0373 | ↘ 7.90% |
1 Year | £0.28 | ↘ 87.12% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Singularity DAO is a Defi protocol created to task with governing DynaSets. DynaSets are a varied basket of cryptocurrency assets managed by artificial intelligence and curated by protocol. SingularityDAO seeks to be a one-stop shop for everything in DeFi. SingularityDAO brings risk-management strategies of AI-managed funds to DeFI through SingularityNET’s superior AI technology. SingularityNET is a decentralized marketplace that utilizes blockchain to connect AIs in all specialties to create a synergetic AI team. Singularity, DAO implements these principles of synergetic AI and democratic governance to crypto trading.
SingularityDAO uses AI to manage portfolios and execute efficient asset allocations and market-making functions to offer liquidity for high-quality tokens on DEXs. Also, the investment model of SingularityDAO brings the power of DeFI to early-stage cryptocurrencies in which increased liquidity can unlock significant value. As per the governance whitepaper, SingularityDAO is governed as a decentralized autonomous organization (DAO) by the governance token SDAO. SDAO is an ERC-20 utility token that operates on the Ethereum blockchain. SDAO offers rights to participate in DAO governance voting events on the SingularityDAO protocol.
Users can participate in Singularity DAO by holding tokens or having an SDAO token holder delegate voting power. Delegates do not own SDAO tokens; they temporarily have their voting power. The voting function can be delegated to any wallet on the Ethereum blockchain, whether or not the wallet has an SDAO token.
As per the platform whitepaper, the DynaSet is a basic financial element managed by SingularityDAO. Users hold DynaSet shares in a noncustodial fashion, while Dynamic Asset Manager (DAM) manages the ratio of assets held by the DynaSet through trustless smart contracts. DAM could be a human, an automated system, or both. Noncustodial refers to a type of wallet wherein users own their private key and have full control over the funds.
DynaSet can also be staked or used to provide liquidity to farm governance tokens used to participate in the governance of SingularityDAO. Also, DynaSet holders can withdraw their funds at any time. However, there is a cooldown period under which the user can only withdraw 33% of the total funds to prevent sudden withdrawals from throwing the basket out of balance. This cool-down period gives the manager time to balance the assets by executing transactions on UniSwap.
SingularityDAO platform and its governance whitepapers were both released on April 28, 2021. Marcello Mari is the CEO and cofounder of SingularityDAO. He has been a TEDx speaker twice and is often invited to speak at the world’s leading tech conferences. Ben Goertzel is CEO and cofounder of SingularityNET.
We update our SingularityDAO to GBP currency in real-time. Get the live price of SingularityDAO on Coinbase.
The current market cap of SingularityDAO is £2.95M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SingularityDAO is £4.08. This all-time high is highest price paid for SingularityDAO since it was launched.
Over the last 24 hours, the trading volume of SingularityDAO is £2.47K.
Assets that have a similar market cap to SingularityDAO include Dingocoin, Echo Protocol, ParagonsDAO, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SingularityDAO is 83 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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