AI tokens fetch,OCEAN, AI, AGIX Merge Rise Double Digits
Three top artificial intelligence blockchain projects—Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN)—are considering merging into a new token called Artificial Superintelligence (ASI) to create a decentralized AI giant. By using blockchain technology for AI development, this program aims to make them a threat to OpenAI, Google, Microsoft, and Apple.
ASI = Fetch.AI+AGIX+OCEAN
Markets welcomed this surprising news. In the previous 24 hours, Fetch.AI, SingularityNET, and Ocean Protocol have all risen 12%, 10%, and 23%, respectively, indicating market enthusiasm for the merger discussions.
First reported by Bloomberg, this consolidation would combine the three tokens into one ASI token with a fully diluted worth of $7.5 billion. Community members on each platform must approve the merger.
SingularityNET, Fetch.ai, and Ocean Protocol have stood silent throughout discussions. If each project's community members agree, the arrangement might be announced on Wednesday, according to sources who requested anonymity owing to the sensitive nature of the material.
This partnership relies on the Superintelligence Collective to guide the combined entity's strategy. SingularityNET founder and CEO Ben Goertzel will manage this endeavor, while Fetch.ai CEO Humayun Sheikh, who invested in DeepMind (eventually bought by Google), will serve as chairman.
This leadership structure combines each platform's technology and philosophical approaches to create an atmosphere where decentralized AI may flourish outside of the shareholder-driven corporate paradigm.
This daring move comes as major tech companies spend more in AI technology, demonstrating industry agreement on AI's revolutionary potential. In response to these organizations' growing interest in AI, crypto initiatives like SingularityNET, Fetch.ai, and Ocean Protocol are developing decentralized AI solutions.
These solutions strive to democratize AI developments so that more people may profit from them.
