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Empowering Innovation: A Comprehensive Review of DeepFunding AI Grants by Singularity.net

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The Deep Funding AI Grant Program, initiated by SingularityNET, serves as a crucial initiative to seed the decentralized AI platform with innovative AI services. This program, driven by SingularityNET's mission, strategy, and values, aims to foster the growth of a democratic, decentralized, and beneficial Artificial General Intelligence (AGI). By supporting AI developers through funding and community engagement, the program contributes to the realization of SingularityNET's overarching vision. 

Purpose of the Deep Funding AI Grant Program:

Deep Funding, powered by SingularityNET, is spearheading an essential initiative to cultivate the SingularityNET platform with innovative AI services. Its primary objective is to expedite the platform's progression towards benevolent AI by providing support to AI developers in crafting services that align with SingularityNET's mission and values. Through Deep Funding, creators have the opportunity to receive funding to develop their AI services and showcase them on the SingularityNET Platform while retaining ownership of their models, monetizing their intellectual property, and actively contributing to the establishment of a global ecosystem of decentralized AI.

Financial and In-kind Benefits:
  • Grants for AI Projects: Successful applicants receive funding to develop AI services, enabling them to contribute to the growth of the SingularityNET platform.
  • Monetization and Ownership: Participants retain ownership of their AI models and have the opportunity to monetize their services on the decentralized AI platform.
  • Community Engagement: The program encourages active engagement with the community, fostering collaboration and feedback to enhance project success.

How to Apply:

  • Create Your Proposal: Applicants submit proposals outlining their AI projects, ensuring alignment with SingularityNET's mission and values.
  • Engage: Engage with the community to receive feedback and refine project ideas, fostering collaboration and support.
  • Get Funded: Successful proposals receive grants to develop AI services, contributing to the growth of the SingularityNET platform.

Phase 2 Proposal and Allocation of Funds:

The Deep Funding program operates within the framework established in SingularityNET's Phase 2 Proposal. This proposal outlines the allocation of tokens for ecosystem funding, with 30% allocated to Deep Funding. Additionally, 25% of tokens provided to projects are locked in a Deep Utilization contract, ensuring their use for purchasing AI services from SingularityNET agents.

Summary:

The Deep Funding AI Grant Program by SingularityNET represents a pivotal opportunity for AI developers to contribute to the growth of the decentralized AI platform while receiving support and funding for their projects. Through community engagement and adherence to SingularityNET's mission and values, participants can play a significant role in advancing the development of benevolent Artificial General Intelligence.

For more information visit https://deepfunding.ai/register/?page_permalink=https%3A%2F%2Fdeepfunding.ai%2Fdashboard%3Fcontext%3Dproposal_submission
 

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Posted March 16, 2024

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