Joining Forces: SingularityNET, Fetch.ai, and Ocean Protocol Unite to Create ASI Token Worth 7.5 Billion Dollars
Imagine a world where SingularityNET, the decentralized AI network, Fetch.ai, a prominent web3 platform, and Ocean Protocol, a cryptographic data exchange infrastructure, come together to form a powerhouse worth 7.5 billion dollars. This collaboration involves merging their tokens (AGIX, FET, and OCEAN) to create a single cryptocurrency named ASI, combining their market capitalizations. The goal of this new AI collective is to advance technologies towards decentralized AGI and eventually ASI, marking a significant milestone in the evolution of artificial intelligence.
The Proposal and Voting Process
Today, the three projects will present the integration proposal to their respective communities, inviting token holders and elected representatives to vote on the token merger.
- $FET will transition to $ASI with 2.63055 billion tokens and an initial price of $2.82.
- $AGIX tokens will convert to $ASI at a rate of 0.433350 to 1.
- $OCEAN tokens will migrate to $ASI at a conversion rate of 0.433226 to 1.
If approved, the Superintelligence Collective will oversee ASIโs governance, ensuring the tokenโs success and guiding the merge. The board, led by prominent figures like Ben Goertzel and Humayun Sheikh, will supervise the currency while maintaining the independence of the original foundations.
The Vision of the Superintelligence Collective
The merger of SingularityNET, Fetch.ai, and Ocean Protocol aims to challenge the dominance of Big Tech in the AI sector while fostering innovation and collaboration within a competitive landscape. By pooling resources, the collective seeks to establish a decentralized infrastructure for AI that upholds ethical practices and shared goals.
Experts like Goertzel, Sheikh, and McConaghy bring valuable insights and experience to the table, paving the way for commercial success and increased access to cutting-edge AI technologies.
Foundersโ Perspectives
โIn a world where Big Tech reigns supreme, our mission is to decentralize AI, fostering transparency and ethical practices. This partnership represents a crucial step towards democratizing artificial intelligence and creating a more inclusive ecosystem.โ
โThe rapid evolution of AI demands collaboration to ensure a decentralized future. This token merger accelerates our goal of making AI accessible to all and advancing towards AGI and ASI.โ
As the cryptographic communities prepare to vote on the merger on April 16th, the future of artificial intelligence within the blockchain sector looks promising. Stay tuned for updates and witness the transformation of AI through the unity of SingularityNET, Fetch.ai, and Ocean Protocol.
Hot Take: The Future of AI in Cryptocurrency
Are you ready to witness the birth of a new AI powerhouse in the world of cryptocurrency? SingularityNET, Fetch.ai, and Ocean Protocol are set to merge their tokens, creating the ASI currency with a market capitalization of 7.5 billion dollars. Stay informed and be a part of this revolutionary step towards decentralized AI and the future of artificial intelligence. The possibilities are endless when innovative minds unite!
Leo Nomist emerges as a maestro harmonizing the roles of crypto analyst, tenacious researcher, and editorial virtuoso, creating an unparalleled symphony of insight. Amidst the intricate world of digital currencies, Leo’s perspectives resonate like finely tuned chords, capturing the attention of curious minds from diverse horizons. His talent for deciphering complex threads of crypto intricacies blends seamlessly with his editorial finesse, translating intricacy into a captivating composition of understanding.