Here’s How You Can Protect Your SingularityNET (AGI)With the Ledger Nano S/X wallet

Rumpakhan
2 min readDec 18, 2020

A global marketplace for anyone — this is the vision that built SingularityNET.

SingularityNET is the world’s first decentralized AI network that allows anyone to create, share, and monetize AI services in a scalable manner. The services offered by SingularityNET — individual algorithms, standalone AI applications to machine learning, or model training are powered by the blockchain’s native token AGI.

AGI can be used to access all of the platform’s services, users can buy/sell AGI on exchange platforms, as well as store it offline in cold wallets.

Being built and run on the Ethereum blockchain means that SingularityNET’s token, AGIlike many ERC-20 tokens can be stored securely using compatible wallets. The Ledger Nano S/X wallets are ERC-20 compatible and can be used to store AGI safely. Here’s how you can secure your AGI within minutes using either one of these cold wallets.

Before you begin: You will need to have the Ledger Nano X/S hardware wallet, and the Ledger Live app installed on your computer or mobile device.

Before you begin: Make sure your Ledger Live application is up to date:

Note: to secure any ERC-20 tokens you first need to have the Ethereum app installed on your Ledger Nano X/S. This is because all ERC-20 tokens are based on the Ethereum network. Once Ethereum is installed you can then add any ERC-20 tokens, including SingularityNET to your account and manage your funds from there.

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