AI-Crypto Firms Merge Tokens to Form ASI with $7.6 Billion Value

AI-Crypto Firms Merge Tokens to Form ASI with $7.6 Billion Value

By
Takashi Suzuki
1 min read

Three leading artificial intelligence companies operating on blockchain, namely SingularityNET, Fetch.ai, and Ocean Protocol, have announced an agreement to merge their respective crypto tokens into a single token known as ASI. This move is geared towards fostering the development of a decentralized AI platform. The potential fully diluted value of the ASI token is estimated to be approximately $7.6 billion. The merger is dependent on approval from the members of each community involved. It represents a significant collaboration in the AI and cryptocurrency sectors and has the potential to reshape the landscape of decentralized AI technology.

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