Fetch.ai, SingularityNET and Ocean Protocol Join Forces to Form the Superintelligence Alliance

Three leading decentralized AI (artificial intelligence) companies are merging to create a new powerhouse: The Superintelligence Alliance. This alliance aims to be the biggest independent player in AI research and development.

What is the Superintelligence Alliance?

This alliance combines Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). The alliance aims to develop decentralized Artificial Superintelligence (ASI) that benefits humanity. They believe that ASI should be open, ethical, and not controlled by big tech companies.

What is $ASI?

$ASI is the new token created by the alliance. It replaces the previous tokens: $FET, $OCEAN, and $AGIX.

The total supply of $ASI tokens will be 2.63 Billion. Holders of $FET, $OCEAN, and $AGIX tokens can swap their tokens for $ASI at a fixed exchange rate.

What does this mean for holders of $FET, $OCEAN, and $AGIX tokens?

• $FET holders: Your tokens will automatically be converted to $ASI on exchanges. If you hold them offline, a swap mechanism will be available soon.
• $OCEAN and $AGIX holders: No immediate action is required. Your tokens will be converted to $ASI on exchanges. You can also swap them later using the swap mechanism.

What are the next steps?

The alliance will need community approval to proceed with the token merge. Voting will open on April 2nd.

If successful, the token merge will begin and $FET, $AGIX, and $OCEAN will be converted to $ASI.

Overall, this merger is a significant development in the field of decentralized AI. The Superintelligence Alliance has the potential to accelerate the development of ethical and beneficial AI.

ABOUT THE AUTHOR See More

Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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