We want to address the recent decision to retract the PAAL token merger into the ASI Alliance.
We have heard the community’s feedback and appreciate your input.
Our immediate focus is on strengthening our core community, enhancing the existing alliance, and advancing the technology central to our shared vision. We are dedicated to building trust, supporting the utility of the FET token, and fostering meaningful progress for our stakeholders.
Moving forward, we are committed to a more inclusive process, ensuring the community is involved in discussions around any future mergers—though none are currently on the horizon. We value the community’s input deeply, and our efforts remain centred on reinforcing our core community and advancing our technology together.
We look forward to moving ahead together with a clear focus on creating meaningful progress within our ecosystem.
Our X Spaces session will proceed as scheduled tomorrow, where we’ll address community questions, discuss recent ASI Alliance decisions, and share the broader vision of the Alliance. We’ll also provide clarity on the rationale behind token mergers and why, in certain contexts, they align with strategic goals.
Paal will start burning the coins for compensation. FET will support their community ??
$FET The Artificial Superintelligence (ASI) Alliance, a coalition of leading AI and blockchain innovators including @SingularityNET, @Fetch_ai, @OceanProtocol, and @CUDOS_, has proposed the addition of @Paalmind (Paal), a trailblazer in AI-driven chatbots and personalized AI solutions, pending community approval. Paal's potential integration represents a leap forward in the Alliance’s mission to build a decentralized AI ecosystem and drive the development of Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI). Community voting is scheduled to begin on November 18, 2024, and will close on November 23, 2024. Renowned for its specialized AI agents and chatbots on popular platforms like Telegram and Discord, Paal has gained traction across thousands of active cryptocurrency and technology communities. With AI solutions designed to enhance community management, real-time analytics, autonomous research, and data aggregation, Paal aligns strongly with the ASI Alliance’s mission to make advanced, decentralized AI solutions accessible and impactful. The potential addition of Paal would amplify the ASI Alliance’s ability to connect with a broad, engaged user base. Through Paal’s platform-agnostic chatbot technology, ASI tools can become more accessible across diverse digital communities. By integrating with the ASI Alliance, Paal would significantly extend the reach of decentralized AI, providing users with intuitive, AI-powered tools that enhance engagement and simplify access to advanced AI capabilities.
Conversion Ratio: $PAAL 6.933333:1 FET calculated with a 10% adjusted rate (6.24 / 90%) -> if a user has 7 PAAL this would be converted into ~1 FET Average Price (30-Day Window): FET(ASI) $1.56, Paal $0.25 Supply Increase: 160,256,410.256410256410256411FET(ASI) (i.e. 1,000,000,000 / 6.24) Vesting Period: 180 days for converted tokens Post-merger total supply projections: 2,879,750,307 FET(ASI)
🌟New month is coming and the history says that September was Crypto's worst month ever but we don't need to worry too much because the market always goes against the retailers theory
🌟 We are safe until we trade within this range. Checkout the morning post
- 📉 Retail investors panic sold $1 billion in the last 48 hours. - 🏦 #JPMorgan reports institutions bought over $14 billion. - 📊 Retail sales: -2.5 standard deviations below the 12-month average. - 📈 Institutional buys: +2.9 standard deviations above the 12-month average. - 🤑 Michael Saylor owns more than $1 billion worth of Bitcoin. - 🐋 Whales are buying the dip. - 😟 Retailers risk missing out if they panic sell during dips. - 💡 This mindset disparity is why the rich get richer and the poor get poorer. - 👍 Advised friends to hold no matter what. - 🐢 Slow recovery, but steady progress. 💯