Welcome to Deep Funding!
Deep Funding is SingularityNET’s decentralized AI innovation fund – our funding program supports AI builders who build innovative solutions that grow and advance the world’s largest decentralized AI marketplace.
At Deep Funding, we believe in the transformative power of artificial intelligence. AI is no longer just a buzzword or a distant promise, it is now a reality – shaping and disrupting industries, solving complex problems, and redefining what’s possible. Thousands of groundbreaking ideas and projects are coming out of the AI boom – but for every breakthrough project, there are countless ideas that never get the chance to grow due to a lack of resources, mentorship, or visibility. That’s where we come in.
Empowering Innovators, One Idea at a Time
Deep Funding was initiated with a simple yet ambitious goal in mind: to empower AI developers to turn their ideas into impactful services that can benefit and transform the world.
We understand that innovation requires more than just inspiration; it demands access to resources, funding, and a supportive community that believes in your vision. We are here to provide that support, offering grants, guidance and an empowered community to developers who dare to push the boundaries of what AI can do.
Whether you’re an independent developer with a groundbreaking concept or a team of innovators working on the next big thing, Deep Funding is committed to helping you bring your project to life. Our decentralized funding program is designed to provide you with financial support through regular funding rounds and RFP grants to help you develop, test, and launch AI services that can make a real difference.
The SingularityNET Marketplace: Where Vision Meets Opportunity
We don’t just stop at funding. At Deep Funding, we’re building a dynamic marketplace that connects developers with businesses and consumers looking for cutting-edge AI solutions. When you develop your project with our support, you gain access to a platform that showcases your work to a global audience. Our marketplace is more than just a place to sell your AI services – it’s a community where innovation is celebrated, and collaboration thrives.
By bringing together the brightest minds in AI development and the businesses that need their solutions, we create a space where vision meets opportunity. We’re here to help you navigate the journey from concept to market, ensuring that your AI services don’t just exist – they excel.
Why Choose Deep Funding?
Choosing Deep Funding means choosing more than just financial backing. It means joining a network of like-minded innovators who care about building real solutions to our current world problems and are extremely passionate about AI and the development of AGI with the advancement of humanity in mind. Here’s what you can expect when you partner with us:
1. Funding That Fuels Innovation: We provide grants that give you the financial freedom to focus on what matters most – building and refining your AI projects. Our funding is designed to cover various stages of development, from initial concept to final launch.
2. Support and Guidance: At Deep Funding, we believe in the power of collaboration. When you receive a grant from us, you also gain access to our network of industry experts, brilliant builders, and advisors who can provide the guidance you need to navigate the complexities of AI development.
3. SingularityNET Platform Exposure: Our decentralized AI marketplace is your gateway to a global audience. We’re dedicated to helping you showcase your AI services to businesses and consumers who are eager for innovative solutions. SingularityNET has a large network and international attention that can help with your project exposure.
4. Engaged Community and Collaboration Opportunities:
Innovation thrives in a collaborative environment. By joining Deep Funding, you become part of a community of developers, entrepreneurs, and thought leaders who are committed to advancing AGI. Diversity is our strength and through collaborating together we can achieve more impact than any of us could achieve alone.
5. Ethical AI Development: We are committed to promoting AI that is not only innovative but also ethical. We encourage projects that prioritize transparency, fairness, and inclusivity, ensuring that the AI solutions we support contribute positively to society.
Your Vision, Our Mission
At Deep Funding, your vision is our mission. We are passionate about helping you bring your visions come to life no matter how big or small. We know that the path to innovation is filled with challenges, but with the right support, those challenges can become opportunities. We’re here to provide that support, offering you the resources, guidance, and platform you need to succeed.
We believe that the future of AI is in the hands of developers like you – creators who are not just dreaming about changing the world, but building real-life solutions to actually change it. We’re excited to see what you’ll create with the help of our grants, and we can’t wait to bring your AI solutions to the world.
If you’re ready to turn your AI related ideas into reality, we invite you to apply to our next funding round. Together, we can build a future where AI serves everyone, solving the problems of today, and shaping the possibilities of tomorrow. Let’s build a better world together. Join us on this journey of innovation and impact today.
Check for upcoming funding rounds
Want to dive deeper into Deep Funding?
Our Story
Deep Funding was initiated in our ‘Phase 2 proposal’ which was voted for and accepted with an overwhelming majority in February 2021 by our engaged community. This proposal provides for the minting of 1 Billion new tokens in monthly batches of slowly decreasing amounts. The minting algorithm is configured in such a way that the last token will be minted in 91 years after the first batch. 30% of the monthly minted tokens are allocated to Deep funding.
The Phase 2 proposal states:
“30% or 300 million AGI-ADA from this overall pool, will be allocated to an ecosystem fund called Decentralized Ecosystem Project Funding (Deep Funding) to be distributed to AI developers under a liquid-democracy framework implemented on Cardano Catalyst platform;
25% of the tokens provided to any project by Deep Funding are locked in a Deep Utilization contract that specifies they can only be used to purchase AI services from SingularityNET agents. If these tokens are not unlocked within one year of issuance, they will automatically return to the Deep Funding Wallet.”
We are operating in the spirit of this document by allocating the full 30% of the tokens but with some additions:
We grant AI publishers the option to use the reserved 25% of tokens for hosting costs, at least until connecting to other services by AI-DSL is a realistic possibility.
We have decided to start with our funding platform instead of Cardano Catalyst. While this may bring some limitations at the start, it also enables us to have more meaningful conversations with our community on the processes and tooling of the platform and roll out functionalities that we think are beneficial to our goals. We will keep a warm relationship with the people from Catalyst and believe that this approach will be beneficial for all due to the broader area of learning and experimentation. We will continue to exchange insights, learnings, and perhaps even functionality and will stay open-minded about the best course of action to follow in the future.
For more information on phase 2 read: SingularityNET Phase 2 Proposal (including the link to the paper itself)
Our Core Mission and Values
Our core mission is the creation of democratic, decentralized, beneficial AGI. We want to achieve that by supporting, empowering and collaborating with as many AI builders who are aligned with our values of openness, creativity, honest collaboration and kindness.
Our strategy to execute our mission to beneficial AGI is:
Step 1: Seed the decentralized platform with AI services
Step 2: Enable communication between AI services through our APIs and AI-DSL (AI-Domain Specific Language)
Step 3: Launch OpenCog Hyperon as a core service that can be connected to other services
This way complex structures are able to emerge, ultimately leading to decentralized Artificial General Intelligence.
We are proud that our community of builders and innovators is dedicated to the mission of accelerating the journey to benevolent AGI and constantly advance SingularityNET’s decentralized AI platform and marketplace. Our community truly is the engine of Deep Funding. Therefore we will drive this initiative forward with the ultimate goal of organizing it as an autonomous, future-proof, community-governed DAO.
You can read more about the current structure of the Deep Funding here.