AI alliance cracks: conflict between Fetch.ai, Ocean, and SingularityNET over migration to a single ASI token
The AI alliance, which was supposed to unite three major AI projects into a single force under the ASI brand (token $FET ) and merge their tokens into one economy, officially cracked. The plan was simple: synchronize the resources of Fetch.ai, Ocean, and SingularityNET, pool liquidity, strengthen positions in the AI market, and demonstrate that decentralized intelligence could become an independent asset class. For this, the conversion of existing tokens into a common asset was envisioned, so that the market would see not three competing ecosystems, but one scalable player. In practice, everything broke down at the moment when the parties did not trust each other with treasury management and access to treasury pools.