Latest insights on the ASI Alliance from the recent AMA:
▫️ The ASI Alliance will keep the $FET ticker for the foreseeable future to minimize disruption that can occur with the deployment of a new ticker. Read more about this further below
▫️ 50% of $OCEAN and $AGIX have already been migrated to $FET . No need to rush or panic to migrate your $OCEAN and $AGIX as their is no set timeframe to do so.
▫️ New members are joining the alliance to further maximize the tech stack, which will only solidify the undeniable power house that is being built with the ASI Alliance - $INJ ?
▫️It was mentioned that Grayscale likely delayed adding $FET to the #AI fund pending merger clarity. With $FET now the official ticker, renewed interest is expected
▫️ Significant increase in interest and proposals from companies potentially working with the alliance, with major partnerships already on the horizon
▫️ Their has been a surge in developers actively building on the network
▫️ Incentives are being worked on by SingularityNET
▫️ $FET marketing campaign is in the works. This will help promote the ASI Alliance alliance and clarify to investors that the $FET ticker is here to stay
▫️A new roadmap is on the way: Tech developments, marketing ect
From the sounds of it their is about to be a tidal wave of bullish news set to release in the coming weeks and months.
Why keeping $FET as the ASI Alliance ticker is the best move and super bullish?
As of this moment, the ASI Alliance merge is completed except for one cosmetic part: changing the ticker name from $FET to $ASI. Let’s look at why this decision not to proceed with the ticker change is a smart and bullish move:
1️⃣ Strong Brand Recognition: $FET has a massive following and is recognized as the top AI coin. Keeping the ticker retains this powerful brand.
2️⃣ Simplified Transition: Maintaining the $FET ticker makes the merger less complicated for traders, holders, and validators, ensuring a smooth transition without further issues.
3️⃣ Regulatory Relief: U.S. holders of $FET can breathe easy and stay on exchanges that were uncertain about supporting the ticker change to $ASI.
4️⃣ Focus on Development: The ASI Alliance team can now concentrate on enhancing utility, marketing, updates, and community building instead of dealing with ticker change logistics.
5️⃣ Market Stability: Avoiding a ticker change minimizes market disruption, maintaining stability and confidence among investors.
6️⃣ Liquidity Preservation: Keeping $FET ensures existing liquidity pools remain intact, benefiting both traders and the ecosystem.
The decision to keep $FET as the ticker for the ASI Alliance is not just a practical one; it’s a strategic move that positions us for a powerful, unified future.
#BinanceTurns7 #MtGoxJulyRepayments #ASILAUNCH #ASI #Artificiallnteligence