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 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.

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.

$OCEAN $FET $AGIX