Fetch, Ocean, SingularityNET tokens merge into single ASI token with $7.6 billion market cap
Summary
Three AI protocols, SingularityNET, Fetch.ai, and Ocean Protocol, have merged to form the Artificial Superintelligence Alliance, aiming to advance Artificial General Intelligence (AGI) and challenge the dominance of major tech giants in AI. The merger will create a decentralized network and a unified ASI token with a combined value of $7.6 billion. The alliance seeks to uphold ethical standards and transparency within AI and will be overseen by a governing council. The formalization of the alliance depends on approval from the communities of the AI networks through a voting process.
