Revolutionary developments are occurring in the realm of crypto-focused artificial intelligence initiatives. In a groundbreaking move, these initiatives have decided to merge, a decision that has now been officially approved. In November 2022, three prominent AI tokens experienced substantial price surges, capturing the attention of the market, particularly ChatGPT. Now, these tokens are undergoing a transformation, converging into a single token and collaborating to potentially generate a new wave of excitement.
FET, AGIX, and OCEAN, the three main players in this merger, will soon introduce the ASI Alliance network. These well-known crypto AI initiatives are joining forces to merge their capabilities. The Artificial Superintelligence Alliance (ASI) has announced that the ASI token, which is scheduled to launch in May, has received the green light for the merger. This strategic move, supported by the founding alliance communities of Fetchai and SingularityNET, aims to position the ASI token among the top 20 cryptocurrencies in terms of market value.
The distribution of the new token will be as follows: FET will be converted into ASI Token, with a total supply of 2.63055 billion tokens. AGIX tokens will be converted at a ratio of 0.433350 to 1, while OCEAN tokens will be converted at a ratio of 0.433226 to 1, both transitioning into ASI Token.
Disclaimer:
The information provided in this article is not intended as investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry inherent risks. Therefore, it is advisable for investors to conduct their own research and analysis.
