The Decentralized AI Alliance Was Established Through the Merger of Tokens Between Fetch.ai, Sing...
BlockBeats news on March 27th announced that Fetch.ai, SingularityNET, and Ocean Protocol have merged their tokens to create a decentralized artificial intelligence (AI) alliance. This alliance aims to provide a decentralized alternative to projects currently controlled by large technology companies. Fetch.ai's local token FET will be transformed into ASI (representing "Artificial Super Intelligence"), with a total supply of about 2.63 billion tokens and an initial price of $2.82. SingularityNET's AGIX and Ocean Protocol's OCEAN tokens will be merged into ASI at a ratio of approximately 0.433 to 1, and ASI's fully diluted market value is approximately $7.5 billion. (CoinDesk)