SingularityNET Enhances FET Token Utility with Staking Feature

• Leading AI decentralized protocol SingularityNET announces support for FET (ASI) staking on the SingularityDAO dApp.
• SingularityNET revealed that it is working on specifications for a staking pool designed to support CNT-FET (ASI) on Cardano. 
• FET (ASI) struggles to stay afloat as the crypto market sustains massive losses.

Decentralized AI platform SingularityNET has announced FET token staking on their SingularityDAO dApp.

They also mentioned the ongoing efforts for a new staking pool to support CNT-FET (ASI) on the Cardano network.

This move makes the FET token more accessible to investors who want to stake the asset. It also further shows SingularityNET’s commitment to supporting the AI ecosystem through its range of AI services.

Of late, FET suffered major price decline alongside the broader crypto market being hit. This comes a little over a month after the Artificial Superintelligence Alliance (ASI), which is made up of SingularityNET, Ocean Protocol, and Fetch.ai, deployed the FET token on the Cardano blockchain.

Ben Goertzel, the CEO of SingularityNET and longtime Cardano supporter, said that Cardano was the most efficient network for the d…

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