Vitalik Buterin, Sandeep Nailwal Lead Decentralized AGI Summit, Address Centralized AI Risks at ETHDenver

FinanceFeeds Editorial Team

Sentient and Symbolic Capital’s Decentralized AGI Summit will feature leading Decentralized AI authorities like Vitalik Buterin and Sandeep Nailwal.

Amidst the rapid advancement of artificial general intelligence (AGI) systems, concerns escalate over the dominance of centralized AI by a limited group, posing significant risks. The first-ever Decentralized AGI Summit aims to gather prominent AI and blockchain professionals to deliberate on decentralized governance models through blockchain for safer, transparent AGI development aligned with public interest.

Sandeep Nailwal, Co-Founder of Polygon Labs, articulates the critical junction humanity faces with centralized AI, advocating for an Open World enabled by blockchain for transparency and fairness over a Closed World dominated by mega-corporations: “The rapid acceleration of centralized AI and its integration into everyday life has led humanity to a crossroads between two future world. On the one hand, we have the choice of a Closed World. This world is controlled by few, closed-source models run by massive mega-corporations. On the other hand, we have the choice of an Open World. In this world, models are default open-source, inference is verifiable, and value flows back to the stakeholders. The Open World is the world we want to live in, but it is only possible by leveraging blockchain to make AI more transparent and just.”

Scheduled for February 26th, 3-9 pm MST, the summit is accessible to the public via https://decentralizedagi.org/.

Kenzi Wang, Co-Founder and General Partner at Symbolic Capital, highlights the significance of the event in uniting AI and web3 luminaries to advance on this pivotal technological area: “We are excited to help facilitate this important discussion around the development of safe and ethical AGI systems that leverage decentralization and multi-stakeholder governance. Bringing luminaries across both the AI and web3 domains together will help push forward thinking on this critical technological frontier.”

Sentient is developing a decentralized AGI platform with a team of web3 pioneers, aiming for trustless, open AI models. Symbolic Capital, backing top web3 initiatives globally, brings its founders’ blockchain expertise to support its portfolio companies.

Read this next

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

<