According to Bloomberg, three companies focusing on blockchain and AI development are reportedly considering merging their cryptocurrencies to jointly develop a decentralized AI platform.
(Update: This news has been confirmed.)
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AGIX+FET+OCEAN = ASI?
Collaboration with Independent Operations
Token Surge after News
It is rumored that SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) are discussing the merger of their tokens into an ASI token, with a fully diluted valuation of $7.5 billion. The announcement of this transaction is expected as early as Wednesday, depending on the agreement of each community member.
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According to the reports, these three platforms will continue to operate as independent entities but collaborate under the guidance of the “Super Intelligence Collective,” led by Ben Goertzel, the founder of SingularityNET. It is said that Humayun Sheikh, CEO of Fetch.ai and an early investor in DeepMind, will serve as the chairman.
However, representatives from SingularityNET, Fetch.ai, and Ocean Protocol declined to comment.
At the time of writing, all three tokens have seen significant increases, particularly OCEAN, which has surged nearly 27%.
AGIX
ASI
FET
Fetch.ai
Ocean
SingularityNET
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