In a sea of blockchains popping up every other day, this project stands out. It is blockchain for decentralized AI microservices enabling new types of applications to be built. The project just launched it's token. Singularity Net (Ben Goertzel) and Toda (Toufi Saliba) collaborated to combine their techs to build it.

HyperCycle is a new blockchain(layer 0++) that is designed to be faster, more... More

HyperCycle Multi-Tokenomics ( Utility View )

In an effort to try and cover tokenomics from a different perspective, I will discuss the utility aspect of tokenomics as described in the whitepaper.

This is a bit of a long read, but what they have done here is very interesting.

👇 If you want to read a more conventional tokenomics review, I highly recommend a review by Adrian, who did a... More

After careful consideration, I have decided not to invest in the $HYPE project due to several reasons

• The first and most important, the tokenomic locked term for the team and investors is too short, which suggests that the project is geared towards selling tokens to users. The selling pressure is very high, which is reminiscent of the Ripple project, where the former CTO Jed sold his XRP... More

While looking through socials, I managed to find out about the tokenomics of HyperCycle (https://medium.com/hypercycle/introducing-hypercycle-a-layer-0-blockchain-architecture-optimised-for-scalable-ai-microservices-15c2d16b2fef#:~:text=HyperCycle%20Tokenomics)

The breakdown for the token allocations are as follows:

• 28.73% for Ecosystem Network Adoption Fund
• 22% Network Incentive Fund
• 20%... More

I have known Toufi and Ben Goertzel since 2017. It's a serious team with large network and reputation in AI/crypto. For that alone I'd say the project has a high chance of success.

I have seen similar projects popping from time to time since 2017, none of them accomplished much, maybe this one will. Training AI models consume lots of computation cycle, and training a model on a blockchain was... More

HyperCycle: Accelerating AI towards Artificial General Intelligence (AGI)

I absolutely love the concept of HyperCycle and what they hope to accomplish.

HyperCycle is developing a small yet crucial component to aid in the development of Artificial General Intelligence (AGI).

This component is a NODE designed to facilitate transactions between AI machines, allowing them to interact with each... More

With the allocation of 20% of the tokens going to team members, advisors and partners, combined with the short time it will take for the vesting to start for early stages investors and the project team, and the ability for these early investors to claim their vesting daily, I fear these tokenomics will create significant selling pressure in the near future for the HyperCycle Token ($HYPC) and... More

[Edit] @Adrian was able to find the tokenomic information and based on his arguments, I'm lowering my tokenomic rating to 2 stars from 3 stars, but instead of re-explaining everything, I'll just link to Adrian's post.

At the moment of this review, there is no information regarding token allocation. That can mean two things: 1) it will come... More

Toufi Saliba (CEO) in short is a computer scientist, entrepreneur, and blockchain technology expert. He is known for his work in developing decentralized computing systems and protocols. Alongside his work in the crypto space, Saliba has also been involved in various other tech startups, and has worked on projects in advanced fields such as artificial intelligence, machine learning, and... More

HyperCycle currently has 40.6k Followers on Twitter, way up from only about 17.1k followers back in 4th of May. The project seems to be gaining massive traction, for obvious reasons as from 4th to 8th May, $HYPC was going on IDOs on SingularityDAO, PoolzFinance, Vent Finance and Seedify, and had their latest TGE on 9th May.

The successful TGE with Round 2 being closed in just ~96 seconds speaks... More

We're finally seeing a potential active and live AI Crypto product that doesnt involve just adding in buzzwords as a marketing gimmick to gain hype for the project.

HyperCycle looks to provide a ledgerless blockchain architecture (essentially Layer 0++) that is able to scale and whilst allowing each agent to own their own transaction history (vastly different from a traditional blockchain... More

One of the founders of HyperCycle is Dr. Ben Goertzel. This is the man who helped popularise the term 'artificial general intelligence'. He is also a cognitive scientist and founder of SingularityNET as well as leader of the OpenCog Foundation, and the AGI Society, and chair of Humanity+.

Ben, along with Toufi Saliba, Benn Tolover and seven other core team members (some of whom are math and... More

In my previous review, I highlighted a red flag in the tokenomics of HyperCycle. However, there are other red flags in the team that are worth exploring.

Firstly, the team claims that "fig 1" is members of their team, but upon checking LinkedIn, only three people have added HyperCycle to their roles, namely Toufi Saliba - CEO, Mario Casiraghi - Tokenomic Lead, and Evan Rodenberg - CRO. It is... More

I like the idea that the core team of HyperCycle is doxxed, and it is always great to see that the team is willing to provide credentials and provide credibility on such an enormous project that they are undertaking.

The team is extremely established in the field, with the CEO having over 20 years of experience in AI and cybersecurity as well as being the protocol author and co-chair of... More

Whilst HyperCycle is a relatively new and novel project, it would've been great if the project was able to provide a high level overview of their planned roadmap, which I was unable to find while scouring through their website, twitter, as well as whitepaper.

On their website, while wanting to understand their roadmap, under "Development" that I tried clicking on, I was unable to see anything (as there is no link for that button yet), and links me back to their main website instead.

Hopefully they'd manage to publish a full roadmap as I am extremely curious on how they plan to push forth their launch, building of ecosystem as well as future plans post TGE.

It can be difficult to obtain information about a project's tokenomics. In my personal experience, I joined the project's Telegram group and reviewed the pinned message to gather information. The token allocation is as follows:

• First, allocation, 15% for the team and advisors, 4.3 % for private investors, 2.95% for seed investors, and 70.3% for the incentive pool. This allocation ratio is... More

HyperCycle is aiming very high with their technology, with their ultimate goal being to create the Internet of AI by spearheading the evolution towards Artificial General Intelligence (AGI). The current AI model is considered 'weak AI' (or narrow AI), meaning it is is able to solve one specific problem, but lacks general cognitive abilities. Strong AI, which AGI falls under, moves us closer to... More

After conducting some research, I discovered that HyperCycle had a successful token sale, raising $7.5 million, well above their fundraising goal of $1.2 million. However, their website's SEO could be improved. Despite searching for 'HyperCycle HYPC', the website only appeared on the 20th page of Google's search results.

In short, HyperCycle is developing new technology to enhance peer-to-peer... More