AI and Cryptocurrency Titans Unite to Form ASI Token Alliance

AI and Cryptocurrency Titans Unite to Form ASI Token Alliance

By
Hikaru Takahashi
1 min read

In a groundbreaking collaboration, SingularityNET (AGIX), Fetch ai (FET), and Ocean Protocol (OCEAN) have jointly unveiled the Artificial Superintelligence Alliance (ASI). The alliance aims to create the ASI token, an AI token valued at $7.5 billion, pegged to AGIX, FET, and OCEAN tokens, heralding a new era in the decentralized AI sector. The announcement is characterized by a commitment to interoperability, reflected in the decision to operate the ASI token across multiple blockchain platforms, such as Cardano, Ethereum, Fetch's Layer-1, and Hypercycle. Dr. Ben Goertzel, the founder of SingularityNET, has confirmed the ASI token's cross-chain functionality, addressing concerns about its compatibility with diverse blockchain infrastructures. The alliance will establish a governing council, comprising key figures from SingularityNET, Fetch ai, and Ocean Protocol, to oversee the common ecosystem. Notably, the ASI token marks a significant milestone in the convergence of AI and blockchain technology. While promoting the growth of decentralized artificial intelligence, the independent operations of the participant networks will continue. The ASI ecosystem signifies a shared commitment to advancing decentralized artificial intelligence, with a voting process scheduled from April 2 to April 7.

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