The ASI token was launched in May by Fetch.ai, SingularityNET and Ocean Protocol.
Merger of native digital assets to create the ASI token with an estimated capitalization of $7.5 billion.
The goal of democratizing the development of artificial intelligence and challenging the dominance of big tech companies.
The Artificial Super Intelligence Alliance (ASI), comprised of Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), has announced that its highly anticipated ASI token will be launched in May.
The merger will combine the native digital assets of all three platforms and is expected to have a market value of $7.5 billion.
Under the terms of the merger, FET will be rebranded as ASI with a token supply of 2.63 billion.
SingularityNET and Ocean Protocol tokens will also be migrated to ASI with certain conversion rates.
The move represents a collective effort to democratize the development of artificial intelligence (AI) and challenge the dominance of big tech companies in the field.
The merger also aims to accelerate investments in Artificial General Intelligence (AGI).
Dr. Ben Goertzel, Founder and CEO of SingularityNET, brings an important perspective by emphasizing the importance of democratizing the development of artificial intelligence (AI).
Its focus on democratization highlights the need to expand and ensure more equitable access to AI tools and resources across all stakeholders in the sector.
The Artificial Super Intelligence Alliance (ASI), consisting of Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), announced that the highly anticipated ASI token will be launched in May.
On the other hand, Humayun Sheikh, Chairman of the Artificial Super Intelligence Alliance and CEO of Fetch.ai, adds a strategic perspective by pointing out that this event marks a new stage in the development of artificial intelligence.
Their approach highlights how the convergence of technologies to launch the ASI token represents a significant milestone in the evolution towards decentralized and accessible AI.
CoinGecko highlighted that artificial intelligence is a major narrative in the crypto industry during the first quarter of this year, with notable growth in AI tokens like Fetch.ai.
This trend reflects the growing interest and recognition of the potential of artificial intelligence in the field of cryptocurrencies and blockchain technology$FET $AGIX $OCEAN #Halving! #btc #Binance #ASI
