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The Cardano ERC-20 Converter will be live on Mainnet on April 18, 2022. This will be only for Only for AGIX & NXT, @singularity_net, @nunet_global.
SingularityNET: Exciting news! The security audit is in for the ERC-20 Converter for Cardano (@InputOutputHK) and no critical or major issues have been detected. We are good to go live on mainnet on April 18!
Those who have ETH to convert were like: This means I can convert my ETH NFTs into CNFTs right.
For those who do not know, SingularityNet is an ambitious blockchain-driven AI marketplace that started running on Ethereum. SingularityNet enables developers to publish and monetize their AI algorithms easily with its public API and decentralized marketplace.
AGIX provides for Decentralized AI Marketplace Transactions, to enable global access to AI services, and for future autonomous AI interaction.
The AGIX token makes network transactions possible through: Interoperability: The network will be able to interface with multiple blockchains and network infrastructures. The AGIX token allows AI agents and customers to transact in a streamlined manner regardless of what underlying technology they use.
By staking AGIX tokens, users can support the operations of the Singularity blockchain network and in doing so users will be rewarded with more AGIX tokens for contributions.
For those who do not know, NuNet provides globally distributed computing power and storage for decentralized networks and intelligent global computing.
Nunet: Tomorrow, April 18th, the ERC-20 Converter will go live, NTX holders will be able to convert their NTX-ETH to NTX-ADA and back.
On April 18th NTX will be on Cardano. NTX will be supported by the SingularityNET Converter Bridge right from the beginning.
While Cardano is growing faster than most people can realize, the coming of Cardano ERC-20 converter is going to make things far better than ever before.
With the coming of ERC-20 convertor, ERC-20 tokens from Ethereum can be easily migrated to the Cardano Blockchain. The coming of the ERC-20 convertor is going to inspire more development in the community. And, DeFi services on Cardano is expected to boom.
