There is an update about the ERC20 Convertor from Cardano (ADA)

IOHK expressed: “A public Testnet is available for you to try out the migration of AGIX tokens to the Cardano ecosystem.”

Dr. Ben Goertzel, CEO and Chief Scientist at SingularityNET expressed: “’m extremely excited by the emergence of the AGIX-ADA/AGIX-ETH converter onto Cardano testnet, and soon after that onto mainnet. Every revolution is carried out one step at a time, and this is the first in a series of steps whose result will be the porting of the full SingularityNET decentralized AI platform onto Cardano. The importance of this port for SingularityNET and the whole blockchain and AI ecosystems cannot be overestimated – it will yield not only a far faster and more economical AI network, but also a massively superior foundation for adding advanced new functions to SingularityNET and moving toward realizing our vision of decentralized AGI.”

Using the testnet version users will be able to move SingularityNET’s AGIX tokens to Cardano and then it can be converted back to Ethereum using the permissioned bridge.

This contributes to a significant step moving ahead in terms of providing for interoperability between blockchains to create a functional environment for decentralized finance (DeFi).

Thus, users will be able to assess the capabilities of the testnet to eventually pilot the transfer of AGIX tokens to ultimately benefit from Cardano’s higher transaction capacity, lower fees, and proven security benefits.

Mixed Community Reaction:  How I would love to see every project on Ethereum migrate to Cardano so I wouldn’t have to pay the INSANE ETH fees.  Hope not wishful thinking.

A lot of innovation and my good processes and very nice everything, but Solana terra polygon are having more reception and more price than Cardano investors of Cardano we are disappointed the value of ADA is worth less and less has been devalued.

Charles is not concerned with the price of your tokens. Sell out and go buy the latest meme coin if all you are looking for is a get rich scheme.

Charles should be concerned, no benefit no investors, easy. Even if he wants to create a better world, it need money to support his project. Easy.

If you want, let’s do a survey, how many investors trust Cardano and you, the number of people who do not believe you will increase as long as nothing concrete happens on your words, Cardano investors now believe that you should do something.

Don’t you think it’s Kind of funny that IOHK just released ERC20 converters then Vitalik tweeted “endgame.”

I still can’t understand. You talk every day, you talk about projects, but you are always red in the market Please look at the market, the coins that have no projects are back to their old level. Is it a mistake to invest in Cardano.