The recent Artificial Superintelligence Alliance (ASI) merger involving Fetch.ai, Ocean Protocol, and SingularityNET. 🌐
The ASI merger, which was finalized on June 13, 2024, marks a significant milestone in the world of decentralized AI. Here are the key points:
Merger Details:
Fetch.ai, Ocean Protocol, and SingularityNET joined forces to create the Artificial Superintelligence Alliance.
The merger aims to establish a decentralized alternative to AI projects dominated by Big Tech.
Starting June 11, 2024, the $FET token has been renamed to $ASI.
On June 13, the merger was fully completed, integrating $AGIX and $OCEAN tokens into $ASI.
An audited token migration contract facilitated the smooth transition for over 200,000 token holders1.
Vision and Impact:
The ASI Alliance lays the groundwork for an open, scalable AI ecosystem.
By merging research, brands, technologies, and products, they challenge Big Tech’s dominance in AI development.
The goal is to expedite commercialization, monetization, and access to cutting-edge AI platforms and datasets.
The ASI Alliance becomes the world’s largest independent AI foundation2.
In summary, this historic union represents a step toward decentralized superintelligence, fostering collaboration and innovation in the AI space. 🚀
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