SingularityDAO Raises $2.7M in Private Sale Led by AlphaBit to Usher AI-Driven DeFi

SingularityDAO Raises $2.7M in Private Sale Led by AlphaBit to Usher AI-Driven DeFi


April 28, 2021 – Amsterdam, Netherlands

SingularityDAO, the independent DeFi-centric project incubated by SingularityNET, has raised $2.7 million in private sale funding from a number of prominent investors in the cryptocurrency space.

The funding round was led by AlphaBit, with participation from GBV (Genesis Block Ventures), SMO Capital, QCP Capital, AU21, Jun Capital, Magnus Capital and Moonwhale Ventures.

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SingularityDAO is the DeFi-centric project incubated by SingularityNET, a blockchain-based AI marketplace founded by Dr. Ben Goertzel, a well-known artificial intelligence researcher. SingularityDAO focuses on bringing the benefits of AI to the world of decentralized finance, which presents one of the most natural applications for AI-driven algorithms.

SingularityDAO is a layer-2, non-custodial DeFi solution for earning yield and receiving diversified exposure to cryptocurrencies through automated baskets of assets. Structured as a decentralized autonomous organization, SingularityDAO is a multi-layer

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