Latest insights on the ASI Alliance from the recent AMA:
â«ïž 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
â«ïž 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.
â«ïž 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 ?
â«ïžIt 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
â«ïž Significant increase in interest and proposals from companies potentially working with the alliance, with major partnerships already on the horizon
â«ïž Their has been a surge in developers actively building on the network
â«ïž Incentives are being worked on by SingularityNET
â«ïž $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
â«ïžA 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. Letâs look at why this decision not to proceed with the ticker change is a smart and bullish move:
1ïžâŁ Strong Brand Recognition: $FET has a massive following and is recognized as the top AI coin. Keeping the ticker retains this powerful brand.
2ïžâŁ Simplified Transition: Maintaining the $FET ticker makes the merger less complicated for traders, holders, and validators, ensuring a smooth transition without further issues.
3ïžâŁ Regulatory Relief: U.S. holders of $FET can breathe easy and stay on exchanges that were uncertain about supporting the ticker change to $ASI.
4ïžâŁ 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.
5ïžâŁ Market Stability: Avoiding a ticker change minimizes market disruption, maintaining stability and confidence among investors.
6ïžâŁ 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; itâs a strategic move that positions us for a powerful, unified future.
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