SingularityNET's founding mission of creating beneficial decentralized AGI is a large one and has a number of different aspects, all of which need to work together tightly. There's the decentralized-platform software layer, which is needed to make it feasible to run AI systems across large numbers of computers without any central owner or controller. The SingularityNET protocol and platform provide one portion of this layer, the NuNet decentralized compute resource network provides another, and the HyperCycle AI-customized ledgerless blockchain provides another. Decentralized-AI-platform tools are mainly agnostic in regards to how AGI is achieved -- be it neural nets, artificial life systems, brain simulations, logical reasoning engines, emergent combinations of different AI agents and paradigms, or something new and yet unforeseen. However, our team at SingularityNET has been putting significant effort into one particular approach to AGI, which is the OpenCog Hyperon framework, bringing together neural nets, logical reasoning, evolutionary learning, and other methods in the context of a distributed self-modifying knowledge metagraph.

This marks a new phase in the SingularityNET ecosystem, where we will foster the growth of the platform by supporting projects with AGIX tokens, knowledge and experience. We are very happy to present the projects that have been selected by our engaged community to be awarded with their requested amounts. While the portal was open, a total of 47 proposals were submitted for the $1million worth of AGIX token treasury funds, which made this round a fair success! After reviewing the proposals on their formal compliance to the Deep Funding rules, only 28 made it to the voting round. All of these 28 had more than the required 1% of cast votes, but only a minority of 12 proposals received an average grade of 6,5 or higher.

This month has been packed with excitement and progress for the SingularityNET organization and ecosystem. We're happy to share some brief highlights from around our ecosystem. Don't miss it -- the DynaSets open beta is about to start; see this blogpost for all information. SingularityDAO also released their 2022 Roadmap. You can read all five parts of it on their Medium blog page. They shared their plans to launch a wide variety of new DynaSets -- some entirely AI-driven, while others implement advanced shorting & leveraged features and even one community-chosen set.

In the first round alone, we will be offering $1,000,000 of funding in AGIX to AI services and projects that help us grow our decentralized AI platform. All awards are made in Dollar value at the time of disbursement. This will happen in small steps on the completion of each deliverable that is defined by the teams themselves in their milestone planning. This article on Deep Funding is targeted to all AI developers out there, with or without knowledge of blockchain and cryptocurrencies. With these financial facts laid out, let's focus on the true value of Deep Funding and introduce you to our decentralized AI platform!