Forging a Crypto-AI Powerhouse: The Merger of FET, AGIX, and OCEAN
In a bold move that has captivated the crypto-sphere, three prominent artificial intelligence-focused cryptocurrency initiatives have decided to join forces. FET, AGIX, and OCEAN, once distinct players, have now merged to create the Artificial Superintelligence (ASI) Alliance network.
This unprecedented collaboration, announced in November 2022, comes at a time when the crypto market has been abuzz with the meteoric rise of several AI-related tokens, coinciding with the widespread impact of ChatGPT. Recognizing the immense potential in this convergence of cutting-edge technologies, the founding communities of Fetchai and SingularityNET have approved the merger, paving the way for the launch of the ASI token.
The ASI token, slated for release in May, aims to establish a prominent position among the top 20 cryptocurrencies by market value. This ambitious goal reflects the collective strength and vision of the merging entities.
Under the terms of the merger, the existing tokens will undergo the following transformations:
– FET will convert into the ASI token, with a total supply of 2.63055 billion tokens.
– AGIX tokens will convert at a ratio of 0.433350 to 1.
– OCEAN tokens will convert at a ratio of 0.433226 to 1 into the ASI token.
This strategic alignment promises to unlock synergies, amplify resources, and propel the ASI Alliance network to the forefront of the crypto-AI landscape. Investors and enthusiasts alike eagerly await the unveiling of this innovative collaboration, which has the potential to redefine the boundaries of what is possible at the intersection of artificial intelligence and decentralized finance.
Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research before making any investment decisions.
