SingularityNET (AGI) aims to create a very specific sort of ecosystem in the sphere of artificial intelligence. The project boasts an international team from such countries as Russia, Brazil, India and Ethiopia, led by the experienced professional, Doctor Ben Goertzel. The team drew attention that there is an immense unbridged gap between the technological side of artificial intelligence and its commercial, business and day-to-day application. While in theory artificial intelligence could have already made its way into almost any part of our daily lives, there are still very few companies that have the ability to contact the right projects and invent artificial intelligence into their operations. So the basic concept is to create a marketplace that would allow businesses to find AI projects they could employ as a service. The AI developers will be able to communicate easily with other developers or clients sharing tools and schemes (paying each other in AGI token) improving each other’s work and the network in general.