1. What is the merger of the Artificial Super Intelligence Alliance (ASI)?
It is a major collaboration initiated by FET, OCEAN and AGIX.
· Goal: Create a decentralized AI infrastructure (to put it bluntly, one coin is always better than three coins)
· Details: After the merger, these tokens will stop trading independently and will be converted to ASI tokens. Each token will have its own exchange ratio to ensure a fair conversion.
FET: 1:1 direct conversion to ASI tokens.
AGIX and OCEAN: have specific exchange ratios (for example, 0.433350:1 and 0.433226:1).
Merger date: Expected to close on July 15, 2024
2. What are the impacts of the merger?
After the merger, the unified ASI token will eliminate the need for users and developers to manage multiple tokens, simplifying operations and participation. This will not only attract more users, but is also expected to promote the development of more applications. The combined market value is expected to reach approximately US$7.5 billion, becoming a top 20 cryptocurrency, attracting more investors and liquidity, and stabilizing the market. Coupled with the technical integration of the three, the entire ecosystem will be stronger, providing a more unified and efficient AI platform.
3. What is the connection between the token and the subsequent rise?
After the merger, ASI tokens will have a higher market value and liquidity, which can stabilize prices and attract more institutional investors. The unified ASI token system simplifies operations for users and developers, which may inspire more people to participate, drive market demand and price increases. Combining the technical advantages of the three, ASI tokens are expected to make great progress in the field of decentralized AI and support its long-term value growth.
4. Profitable space:
Price difference arbitrage:
Since the exchange ratio of FET, AGIX and OCEAN tokens is fixed, arbitrage can be performed by taking advantage of the price differences between different exchanges. For example, if the price of AGIX on one exchange is lower than the expected price of ASI tokens after exchange, traders can buy AGIX and convert it to ASI tokens after consolidation to obtain the difference profit.
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