The AI ​​monster in the cryptocurrency world is born: FET, AGIX, and OCEAN combine to create a new token ASI to challenge the hegemony of technology giants!

In the world of cryptocurrency and blockchain, three cutting-edge artificial intelligence projects—FET, AGIX, and OCEAN—are gearing up for a landmark fusion to create a brand new token called ASI. This bold move aims to bring together the strengths of the three parties to jointly create a decentralized giant in the field of artificial intelligence. By making full use of the natural advantages of blockchain technology in AI development, this emerging alliance aims to stand on the same competitive starting line as traditional technology giants such as OpenAI, Google, Microsoft and Apple.

Fetch.AI + AGIX + OCEAN = ASI

In a notable development in the cryptocurrency world, three leading AI blockchain projects—Fetch.AI, SingularityNET, and Ocean Protocol—are planning to merge into a brand new token called ASI, sparking market excitement. extensive attention. In the 24 hours following the news, Fetch.AI's price surged 12%, SingularityNET gained 10%, and Ocean Protocol posted a staggering 23% gain, reflecting investors' enthusiasm for the merger news. enthusiastic response.

As first reported by Bloomberg, the proposed merger aims to merge the tokens of the three projects into the ASI token, which would have an expected market capitalization of $7.5 billion. The implementation of the merger plan requires the support and approval of community members from all participating projects.

The merger is intended to capitalize on the growth of artificial intelligence and accelerate investment in AI technology.

Although official negotiations are still ongoing, representatives from SingularityNET, Fetch.ai and Ocean Protocol remained cautious and did not make any comments. However, if all goes well, the merger could be announced as soon as Wednesday, subject to approval from relevant community members, according to people familiar with the matter.

The combined entity will be overseen by a collective of superintelligence, with Ben Goertzel, founder of SingularityNET, responsible for guiding the strategic direction of the new organization, to lead the initiative, and Humayun Sheikh, CEO of Fetch.ai, known for his early investment in DeepMind. The company was later acquired by Google) and will serve as chairman.

The purpose of this cooperation is to integrate the unique technologies and concepts of each platform and create an environment to support the development of decentralized AI and move it away from the shareholder-centered operating model of traditional enterprises.

Behind this major step are heavyweight technology companies that are continuously increasing their investment in AI technology, as well as the enthusiasm for the development of decentralized AI solutions in the cryptocurrency field. The goal of these solutions is to democratize the advancement of AI and ensure that a wider group of people, not just a few tech giants, can enjoy the benefits of AI technology.

Among the three projects, Fetch.AI continues to lead in terms of market capitalization after reaching an all-time high in mid-February. As of now, Fetch.AI is trading at a stable price of $3.12.

We are at the forefront of a technological and scientific revolution as we explore the exciting field of artificial intelligence (AI). AI, which stands for artificial intelligence, is committed to imitating, enhancing or even surpassing human intelligence through a series of theories, methods, technologies and application systems. It has become a core force in promoting scientific and technological progress and industrial innovation. Under the leadership of OpenAI, the AI ​​field has experienced explosive growth, and top investment institutions are investing huge amounts of capital in this blue ocean. In addition, giants such as Nvidia have soared in value due to AI and have become the darling of the market.

The cryptocurrency space has not been left out, especially Binance, whose enthusiasm and support for AI technology is obvious. As the concept of AI continues to heat up, AI is viewed as an investment opportunity that cannot be ignored, both in the short term and in the long term.

Of particular note is the upcoming merger of Fetch.AI (FET) with ASI, which will create a total of 2.63 billion ASI tokens with an initial price set at $2.82. At the same time, SingularityNET (AGIX) and Ocean Protocol (OCEAN) will also be converted into ASI tokens at specific exchange rates. This integration is expected to bring ASI’s market valuation to $7.5 billion, marking the important position and value of AI in the cryptocurrency field.