๐๐ช๐ฏ๐จ๐ถ๐ญ๐ข๐ณ๐ช๐ต๐บ๐๐๐, ๐๐ฆ๐ต๐ค๐ฉ.๐ข๐ช ๐ข๐ฏ๐ฅ ๐๐ค๐ฆ๐ข๐ฏ ๐๐ณ๐ฐ๐ต๐ฐ๐ค๐ฐ๐ญ ๐ซ๐ฐ๐ช๐ฏ ๐ง๐ฐ๐ณ๐ค๐ฆ๐ด ๐ต๐ฐ ๐ค๐ณ๐ฆ๐ข๐ต๐ฆ ๐ต๐ฉ๐ฆ ๐๐๐ ๐ต๐ฐ๐ฌ๐ฆ๐ฏ, ๐ฑ๐ณ๐ฐ๐ฎ๐ฐ๐ต๐ช๐ฏ๐จ ๐ข๐ฏ ๐ช๐ฏ๐ต๐ฆ๐จ๐ณ๐ข๐ต๐ฆ๐ฅ ๐๐ ๐ค๐ณ๐บ๐ฑ๐ต๐ฐ. ๐๐ฏ๐ฏ๐ฐ๐ถ๐ฏ๐ค๐ฆ๐ฅ ๐ง๐ฐ๐ณ ๐๐ถ๐ฏ๐ฆ 11, ๐ต๐ฉ๐ฆ ๐ฎ๐ฆ๐ณ๐จ๐ฆ๐ณ ๐ฎ๐ข๐ณ๐ฌ๐ด ๐ข ๐ฌ๐ฆ๐บ ๐ด๐ต๐ฆ๐ฑ ๐ต๐ฐ๐ธ๐ข๐ณ๐ฅ๐ด ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ฆ๐ฅ ๐๐ ๐ช๐ฏ๐ฏ๐ฐ๐ท๐ข๐ต๐ช๐ฐ๐ฏ.
Strategic unification for a decentralized AI crypto
The world of cryptocurrencies and artificial intelligence is about to take a historic step with the merge of the FET, AGIX and OCEAN tokens into a single token named Artificial Superintelligence Alliance (ASI).
SingularityNET announced that this process will begin on June 11 with the renaming of FET to ASI, followed by the conversion of AGIX and OCEAN tokens on June 13. This strategic operation aims to consolidate the strengths of these three major players in the AI crypto sector.
According to SingularityNETโs report, this unification will create the largest decentralized open-source network in the AI field, bringing together more than 200,000 token holders. The conversion process, which will take place via SingularityNETโs decentralized AI platform, will use audited migration contracts to ensure transaction security.
The specific conversion rates have been established: 1:1 for FET, 1:0.433350 for AGIX, and 1:0.433226 for OCEAN. The vision behind this merger is to offer unprecedented scale and power in the AI industry while facilitating collaboration among various actors.
A unique collaboration against tech giants
The token merger within the Superintelligence Collective, led by Ben Goertzel of SingularityNET and Humayun Sheikh of Fetch.ai, comes at a time when tech giants like Alphabet and Microsoft are investing heavily in AI, or even thinking about monopolizing the sector.
This alliance represents an ambitious response aimed at developing decentralized AI technology, escaping the control of large companies to be more accountable to shareholders.
The collectiveโs mission is to promote collaborative innovation and create a more equitable technological ecosystem.
The distinct activities of SingularityNET, Fetch.ai, and Ocean Protocol will be maintained but will operate under the supervision of a common entity, allowing for increased synergy.
This initiative reflects the growing importance of AI cryptos, which have already reached a market capitalization of over $38.7 billion ($25 billion in early March) according to CoinMarketCap. In addition to strengthening these companiesโ market position, this merger offers exciting prospects for the future of AI and cryptocurrency technologies, with ASI playing a central role in this new ecosystem.
In conclusion, the merger of SingularityNET, Fetch.ai, and Ocean Protocol tokens into ASI marks the beginning of a new era for AI cryptos, promoting decentralized and collaborative innovation.
