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REGULATION
by
1 year ago

SingularityNet, Fetch.ai and Ocean Protocol have received approval from each community to create Artificial Superintelligence Alliance token (ASI). ASI will start trading next month

2024-04-17

REGULATION
by
1 year ago

 

Fetch.ai (FET), is a blockchain platform that integrates artificial intelligence to automate tasks such as booking flights or parking spaces.

 

It operates on a decentralized network where autonomous agents, using AI and machine learning, can perform transactions and negotiate deals on behalf of users.

 

These agents can learn from interactions and optimize their operations over time, offering a range of services from decentralized finance to travel planning. Fetch.ai aims to democratize access to AI, allowing users without technical expertise to benefit from the technology.

 

Humayun Sheikh is chairman of the Artificial Superintelligence Alliance and he is the CEO of Fetch.ai.

 

SingularityNET is a decentralized platform that aims to democratize access to artificial intelligence (AI) technology.

 

It operates as a marketplace for AI services, where developers can publish and monetize their AI algorithms, and users can access a variety of AI capabilities.

 

The platform uses its own cryptocurrency, AGIX, to facilitate transactions and governance within its ecosystem. Founded by Dr. Ben Goertzel, SingularityNET is designed to support the development of Artificial General Intelligence (AGI) with the goal of creating a beneficial technological singularity.

 

Ocean Protocol represents a groundbreaking approach to handling data and AI services, leveraging blockchain technology to enable secure and transparent sharing and monetization of data.

 

It utilizes a unique system of data NFTs and datatokens, allowing users to maintain privacy while participating in the data economy.

 

With its innovative compute-to-data feature, Ocean Protocol facilitates the use of AI and machine learning algorithms without compromising the security of the data involved, thus offering a new paradigm for data markets and AI-driven services.

 

ASI Token Merger Approved! (fetch.ai)


On April 16, 2024, SingularityNet, Fetch.ai and Ocean Protocol have announced the approval to create Artificial Superintelligence Alliance token (ASI). 

 

The merger will combine FET, AGIX, and OCEAN into one single token called ASI. ASI expects to have $7.5 billion valuation.

 

SingularityNet, Fetch.ai and Ocean Protocol have received majority approval from each community, the token merger will proceed as follows:

 

1. FET becomes ASI with a total supply of 2.63055 billion tokens

2. AGIX migrate to ASI, at a conversion rate of 0.433350 to 1

3. OCEAN tokens migrate to ASI, at a conversion rate of 0.433226 to 1

 

ASI will make SingularityNet, Fetch.ai and Ocean Protocol to form the Artificial Superintelligence Alliance.

 

ASI token will start trading next month.

 

 

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