The Artificial Superintelligence Alliance, encompassing SingularityNET, Fetch.ai, and Ocean Protocol, unveiled its unified token strategy today. This strategic merger combines AGIX, OCEAN, and FET tokens, marking a pivotal shift toward a decentralized AI ecosystem. The initiative promises to streamline operations and foster collaboration within the AI sector.
Token Merger and Industry Impact
The alliance’s newly merged token now trades under $FET, with trading continuing seamlessly despite the rebranding efforts across platforms like CoinMarketCap and CoinGecko.
The merger aims to enhance the efficiency of operations and integrate decentralized AI systems more effectively. This transition supports the alliance’s vision to democratize AI technology access and innovation.
Migration Tools and Future Plans
Migration tools for the dApp are now live, simplifying the transition for token holders. The phase-out of $AGIX and $OCEAN from exchanges has commenced, with a focus on ensuring a smooth onboarding process for both exchanges and data aggregators.Â
A mainnet upgrade planned for Fetch.ai will automatically convert all FET Mainnet Tokens to ASI, underscoring the alliance’s commitment to a transparent and user-friendly conversion process.
Leaders of the alliance, including Humayun Sheikh, Ben Goertzel, and Bruce Pon, have expressed their enthusiasm for this development. They highlight the merger as a step forward in achieving a decentralized and efficient AI future.
Moreover, they commend the collaborative spirit of the alliance, which is set to drive forward the development of ethical and transparent AI solutions.
This move signifies a major leap in AI collaboration and sets a new standard in the integration of blockchain technology with AI development. The Artificial Superintelligence Alliance continues to invite other players in the field to join in fostering an inclusive environment that encourages innovation and responsible AI practices.
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