Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) have revealed discussions about merging to form the Artificial Superintelligence Alliance (ASI), a decentralized AI platform.
This move signals a significant step toward creating a unified open source AI infrastructure. The proposed ASI alliance, led by SingularityNET CEO Ben Goertzel, aims to leverage the unique capabilities of each protocol.
Fetch.ai brings advanced autonomous AI agents; Ocean Protocol offers data sharing and monetization solutions; and SingularityNET brings research and development expertise in AI integration.
The ASI token, initially set at $2.82 with a supply of 2.63 billion tokens, is set to become a benchmark for the value of the new platform. The voting dates for FET are between April 2 and 13, while for AGIX, they are between April 3 and 16. Of the 2,630 million dollars in supply, 1,152,997,575 will go to FET, 866,700,367 to AGIX and 610,849,199 to OCEAN.
The ASI token will be compatible with Cosmos (ATOM), Ethereum (ETH), Cardano (ADA), BNB (BNB), and Polygon (MATIC). Additionally, the token swap ratios have also been outlined: FET tokens will be swapped at a 1:1 ratio, while AGIX and OCEAN tokens will be swapped at a 1:0.43 ratio. This merger also involves the minting of an additional 1.48 billion tokens for AGIX and OCEAN holders based on the exchange ratio.
