On March 27, Ocean Protocol, Fetch.ai, and SingularityNET announced that the three companies have agreed to merge to form an artificial intelligence alliance that is not under the control of large technology companies. Furthermore, the three companies will combine their current tokens and offer one artificial intelligence token to both users and investors.
This development marks an important crossroads, as the AI revolution is taking place in the world of cryptocurrencies, and investors’ interest in investing in the best is also increasing. Types of AI coins. Hyunsoo Kim explains that AI cryptography is a relatively new concept that combines artificial intelligence and blockchain technology. Therefore, the merger of these three companies could not have come at a better time as AI continues to transform the cryptocurrency sector.
The AI revolution has brought many positive changes and many people are using AI tools like ChatGPT in their daily lives to simplify various tasks and solve simple problems. But some worry that big companies like Apple, Microsoft, Amazon, Alphabet, and Meta will have too much control over AI. This concern has given a boost to other companies working with blockchain. web 3We power and offer alternatives such as Fetch.ai, SingularityNET, and Ocean Protocol where data is open and shared by all parties.
The three giants have agreed to merge their companies. cryptocurrency Unify your tokens into one and form a partnership focused on improving AI without the need for a central authority. This landmark merger created the Artificial Superintelligence Alliance (ASA). This unique collaboration is the first of its kind and will form the largest open source decentralized network. Together, these platforms aim to create a fair and open AI system that cuts out intermediaries and enables direct communication between developers and users. This development is important as many people are concerned about the safety of the crypto world.
The three companies aim to create a decentralized network. Artificial general intelligence (AGI)) Empower the public. Instead of AI systems that benefit a few selected individuals with biased interests. By leveraging the strengths of each partner, we can accelerate progress in AI research and applications. The partnership will combine the companies’ expertise and reduce the dominance of big tech companies in the AI space. The result is practical and useful AI tools for business that can be used to benefit humanity. The Superintelligence Alliance exists to give people the freedom of choice to own and control their data and AI, and to respect their independence. This is more important than ever and guides the Alliance.
3 people Companies we work with merges the individual tokens into one token known as the “artificial intelligence” token with the token ticker $AS. FET, the native token fetch.ai, holds a total of 2.63 billion of these tokens, valued at a starting price of $2.82 each. Tokens from two other platforms, AI network SingularityNET (AGIX) and data platform Ocean Protocol (OCEAN), will also participate in ASI, with an exchange rate of approximately 0.433:1. So ASI is going to be a big deal in aggregate terms. Approximately 7.5 billion dollars. The exchange has a community of over 250,000 wallets and more, and the future looks promising.
Fetch, Ocean Protocol, and SingularityNET have also announced that they will soon create websites for the alliance, although each business will remain legally separate. The leaders, teams, communities, and funding for each project remain the same as before the merger. Whatever plans they have going forward, they will continue to do so and if there are any changes to either group, they will let everyone know through their official channels.