The tokens Ocean Protocol (OCEAN), AGIX and Fetch.ai (FET) have been combined into a new token called ASI (Alliance for Artificial Superintelligence). Here's why:
1. Consolidation of AI networks: The merger aims to create a unified, decentralized AI network. Each token brought unique features:
- Fetch.ai (FET): Known for its open network of AI clients.
- Ocean Protocol (OCEAN): Focuses on sharing and monetizing data.
- SingularityNET (AGIX): A decentralized marketplace for AI services.
2. Conversion rates:
- FET symbols are converted to ASI at a ratio of 1:1.
- AGIX tokens converted at a ratio of 1:0.433350.
- OCEAN tokens converted at a ratio of 1:0.433226¹.
3. Scale and Power: The ASI token operates via the built-in AI network, accommodating over 200,000 token holders. It aims to provide unprecedented scale and power to the AI industry¹.
$OCEAN $FET $AGIX
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