SingularityNET Launches Cardano Ecosystem MPE System Development Grant Program to Drive Innovation in AI Payments

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Decentralized AI platform SingularityNET has announced a major ecosystem development initiative, offering $40,000 in development grants. The program aims to build a Multi-Party Escrow (MPE) system on the Cardano blockchain to enable secure payments and flexible settlement for AI service transactions.This innovative system will provide robust on-chain payment infrastructure for the decentralized AI services marketplace, facilitating seamless interaction between AI service providers and users. Developers interested in participating should note that the application window closes promptly at 8:00 PM on December 8. The project exemplifies the convergence of Web3 and AI technologies, paving the way for the growth of the decentralized artificial intelligence ecosystem.

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