$ASI token merger approved!

The Artificial Superintelligence Alliance announced the approval of the new project name: Artificial Superintelligence with new token ticker: $ASI token fusion, scheduled to begin in the coming weeks. After voting by the Alliance's constituent communities (Fetch.ai and SingularityNET), this merger is set to position the ASI token in the ranking of the 20 largest cryptocurrencies by market capitalization. With a total anticipated value of US$ 7.5 billion, the merger will combine $FET, $AGIX and $OCEAN into $ASI.

The merger of Fetch.ai, SingularityNET and Ocean Protocol marks a pivotal moment in the AI ​​landscape, uniting three influential decentralized leaders. Together, they form the project's new name: Artificial Superintelligence Alliance, a key player in AI research and development. This alliance not only marks a milestone in responding to the rapid growth of AI projects, but also aims to challenge Big Tech's dominance in the development, use and monetization of AI.

The merger is expected to accelerate investment in AGI, facilitating the commercialization of cutting-edge AI technologies and enabling large-scale access to AI platforms and large databases.

Ben Goertzel, founder and CEO of SingularityNET, emphasized the importance of democratizing AI development, stating:

Since receiving majority approval from each community, the token merger will occur as follows:

$FET will migrate to $ASI, at a conversion rate of 1 $FET to 1 $ASI

$AGIX tokens migrate to $ASI, at a conversion rate of 1 $AGIX to 0.433350 $ASI

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