Regardless of SingularityNET (AGIX) being among the many oldest AI initiatives in cryptocurrency — it launched in 2018 — impersonators are positive that it nonetheless wants yet another airdrop to get person consideration. This is why it’s harmful.

Alert: Scammers launched pretend AGIX airdrop

On Feb. 9, 2023, an airdrop marketing campaign was being promoted on Twitter. Malefactors introduced that SingularityNET organized a token airdrop for its AGI asset. In actual fact, AGI was rebranded as AGIX over a 12 months in the past.

The scammers created a Linktree touchdown web page that intently mimics the unique SingularityNET’s one. They use actual movies by the founders of SingularityNET and Cardano’s (ADA) Enter Output World, however the web page is linked to a phishing website.

It asks guests to bind their wallets on each Cardano (ADA) and Ethereum (ETH) blockchains, which, in fact, can’t be achieved via a single good contract.

The Twitter account concerned within the promotion of this token has additionally nothing to do with actual representatives of SingularityNET (AGIX) on social media.

AGIX rallied by 10x in lower than month

The platform has no publicly identified officers with the identify the scammers selected for the account. Sadly, apart from bots and malefactors, some actual Cardano (ADA) lovers have fallen to this rip-off and retweeted the announcement.

As lined by U.At this time beforehand, SingularityNET (AGIX) is among the many core beneficiaries of the continuing AI hype wave. Its token is likely one of the finest performers within the phase.

Since Nov. 30, 2022 (the discharge of ChatGPT and the beginning date of the AI/ML euphoria in crypto), the token added over 900%. Its native peak was registered every week in the past over $0.6.