LIVEOcean Protocol, @Fetch_ai & @SingularityNET unite to create the Artificial Superintelligence Alliance, through a token merger into a single $ASI token with a combined value of USD$7.5 Billion, with a current ranking at ~#20 on #CoinMarketCap. ASI is the brainchild of @bengoertzel,@trentmc0 and @HMsheikh4,3 leading minds in decentralized #AI.
The main goals:
- to accelerate the race to Artificial General Intelligence (AGI) and
- to challenge Big Tech’s grip on AI development, use, & monetization.
The dawn of a new era in AI is here and this alliance is combining the forces of the 3 projects to accelerate:
Laying the groundwork for a scalable AI infrastructure →The commercialization of groundbreaking technology →The path to #AGI’s development on the blockchain
What does this represent for the OCEAN community? Read the alpha below:
1️⃣$FET & $AGIX communities need to vote on the token merger proposal
2️⃣No voting is necessary from the OCEAN ty - Ocean relinquished all control over the OCEAN max supply mint
3️⃣Once approved, $FET is rebranded $ASI, with a 2.63 Billion total tokens supply
4️⃣OCEAN , at a conversion rate of 0.433226:1
5️⃣$AGIX tokens migrate to $ASI, at a conversion rate of 0.433350:1
The Superintelligence Alliance takes form with a new governing council:
- Humayun Sheikh (http://Fetch.ai) - Chairman
- Ben Goertzel (SingularityNET) - CEO
- Trent McConaghy & Bruce Pon - representing Ocean Protocol
- Janet Adams - representing SingularityNET
“It is imperative that AGI and ASI are not owned and controlled by any particular party with their own biased interests. It makes total sense that our 3 projects come together to form a tokenomic network that has greater power to take on Big Tech”
“Our mission with this token merger is to combine our platforms to ensure ethical and transparent AI [...] This enhances data privacy and paves the way for a more democratic and trustworthy AI ecosystem”
