Fri, March 29

SingularityDAO Partners With Ocean Protocol

SingularityDAO Partners With Ocean Protocol Altcoin News
  • SingularityDAO accomplices with Ocean Protocol.
  • The architecture of SingularityDAO’s technology is designed with AI.
  • Its incorporation with Ocean Protocol follows the successful completion of $5.2 million.

SingularityDAO is the first major DeFi offshoot of SinguralityNET, announces its partnership with Ocean protocol to access the latter’s market-leading Ocean data-sets. As these two entities collide, the Ocean token will be integrated into SingularityDAO’s fund/investment portfolio.

Moreover, SingularityDAO’s technology is designed with AI at multiple levels. Thus, AI manages dynamic token-sets, implements predictive market-making strategies to provide liquidity for these token-sets on DEX predictively.

Additionally, use of AI sounds convincing as mentioned earlier, it requires a large amount of data to learn and develop. This makes SingularityDAO a natural user of Ocean data sets where data-sets are published in Ocean ecosystem via Ocean market.

Marcello Mari, CEO of SingularityDAO says:

“I’m very excited about the opportunity to collaborate with Ocean Protocol, one of the most reputable crypto projects that has consistently delivered community-driven, decentralized data solutions. SingularityDAO will constantly use data to train our machine learning, and there is no better partner than Ocean Protocol.”

Partnership After a Successful Completion

The alliance between these two entities follows the successful completion of $5.2 million raised in three different rounds for the much-awaited Governance Generation Event on MANTRADAO, which reached its limit in less than 2.5 hours.

More so, Governance Generation Event comes in the wake of a recent private sale where SingularityDAO raised about $2.7 million funding. This funding includes leading technology investors like AlphaBit, Marshland Capita, GBV, and SMO Capital.

Recommended for You

Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.