✨Big News in AI: Fetch.ai, Ocean Protocol, and SingularityNET Merge into Artificial Superintelligence (ASI)!💵💰
This $7.6 billion ground-breaking AI alliance launches a new #ASI token to challenge Big Tech centralised control.🤑
In a pioneering move, three AI powerhouses—SingularityNET, Fetch.ai, and Ocean Protocol—have teamed up to create the Artificial Superintelligence Alliance. This alliance, valued at a staggering $7.6 billion as of March 26, 2024, marks a significant shift towards decentralized AI, challenging the dominance of Big Tech.
The brains behind this alliance are none other than Dr. Ben Goertzel of SNET, Humayun Sheikh of Fetch.ai, and Trent McConaghy of Ocean Protocol. Their vision? To democratize AI and shift control away from centralized authorities, ensuring a more transparent & ethical AI ecosystem.
If approved by the respective communities, the merger of $FET , $OCEAN , & $AGIX tokens into a single ASI token will occur at specified conversion rates and fuel a massive decentralized AI network, paving the way for advancements in Artificial General Intelligence (AGI).
This alliance so compelling for 3 reasons? Firstly, it comes at a time of unprecedented growth for AI projects. Secondly, it creates a scalable infrastructure for ethical and trustworthy AI practices, leveraging blockchain technology to open up AI systems. Lastly, it accelerates investment into AGI, bringing cutting-edge AI platforms and large databases to the forefront.
Bruce Pon, CEO of Ocean Protocol, believes this merger will deliver on the promise of decentralized technologies on a global scale. The unified $ASI token will serve as the backbone of the machine economy, securing the public network and facilitating data access and computation without traditional banking rails.
In terms of governance, a council comprising leaders from SNET, Fetch.ai, and Ocean Protocol will oversee operations. However, the three organizations will continue to operate independently, collaborating closely within the $ASI tokenomic ecosystem.
