SingularityNET development and blockchain teams have partnered with MLabs, experts in Plutus development for Cardano, to create the AGIX-ADA staking contracts. The contracts are currently under evaluation in testnet and will soon be audited externally. The final stage of development will be creating the staking portal on the SingularityDAO v2 Dapp. The SingularityDAO v2 Dapp is gearing up for launch in Q3, and the staking portal will be launched shortly after that, approximately mid-Q3. The Loyalty Rewards wallet was created to demonstrate the gratitude of SingularityNET to the Phase One token holders for supporting the Phase Two initiative; as well as an opportunity to incentivize and reward community growth through new token holders on the Cardano blockchain. The technical backend portal has been designed and is under evaluation on testnet, and the team is also actively working to integrate more wallets. The portal is expected to be ready for community launch in Q3, and further details on the program will be coming shortly. We look forward to community feedback and discussion as we work with the community to design an optimal system.

When asked about wealth inequality, few can say they clearly understand how severe this gap is. For a more precise visual, consider that Elon Musk, reportedly the richest man on Earth, has a network that exceeds the gross domestic products (GDPs) of countries like Portugal, Pakistan and Finland. According to the UN, even a small fraction of his wealth, $6 billion, would save at the very least 42 million people who are on the brink of starvation. Although Musk is just one example, his wealth indicates one thing, a very extreme wealth gap that currently exists, leading many to wonder about the reasons for this. For one, the aphorism "the rich get richer, and the poor get poorer" often comes to mind.

For the highest returns lock your tokens for longer periods of time to receive the best rewards in our bonded staking program. Additionally, we also offer an unbonded staking program if you would like to withdraw at any time.

As we come to the end of 2021, it seems fitting to provide an update on our AI development over the past few months and also look forward to what is to come in the early stages of 2022. The majority of 2021 has been about building the platform to host DynaSets, as well as the Beta of DynaSets themselves. While all of this has been going on, our AI team has been working hard preparing data pipelines, scraping years worth of data from all over the internet, designing tools to clean that data. The data then prepared for consumption by AI Algorithms and the training of our first AI market predictors. While the Beta launching this week will use only offline signal generating algorithms which will be utilized by human traders, the data that is generated during these two months of testing will be invaluable in the training of the more advanced AI's set to be autonomously deployed as part of the public launch of DynaSets in early 2022.