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Binance has finalized the token merge of Ocean Protocol and SingularityNET into Fetch.ai, now under the Artificial Superintelligence Alliance name. (Read More)
The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ais FET with limited exchange support.
The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout. Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence [...]
The post FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5? appeared first on Crypto Breaking News.
In a notable move, the multisignature wallet 0x1f9, associated with SingularityNET, transferred 4 million AGIX tokens, worth $3.63 million, to Binance within the past 24 hours. These tokens were funneled through multiple intermediary wallets before reaching the exchange. Interestingly, this multisignature wallet had received these AGIX tokens from SingularityNET’s Treasury […]
SingularityNET announces the merger dates for FET, AGIX and OCEAN into the new ASI token, aiming to create a unified decentralized AI network.
Several AI tokens, including Fetch.ai, Ocean Protocol, and SingularityNET, gain ground despite market challenges.
The post AI tokens FET, AGIX, OCEAN, and ARKM surge despite market sell-off appeared first on Crypto Briefing.
Both AI tokens Fetch and SingularityNET staged a strong price recovery after a three-month downtrend.
Binance announces support for Fetch.ai, Ocean Protocol, and SingularityNET token merge into ASI. (Read More)
The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced a 4% drop in the last 24 hours. Related Reading: Crypto Expert Reveals Top 7 AI Tokens For Massive 100x Growth Dont Miss Out! ASI Token Merger Postponed To July In March, Fetch.AI, SingularityNET, and Ocean Protocol, three leading AI blockchain projects, revealed their plan to merge into the ASI token. This move aims to develop a decentralized AI platform to foster technology advancements accessible to a wider audience. On Tuesday, the ASI alliance announced the delay of the token merger from June 13 to July 15, 2024. Per the announcement, the primary reasons for the rescheduling are logistical requirements and technical independencies. It was further explained that the ASI token merger involves managing complex integrations and attention to numerous moving parts. As a result, the delay was a strategic decision to ensure a smooth execution during the process and ensure all stakeholders needs are adequately met. Humayun Sheikh, Fetch.AIs CEO, and ASIs Chairman, reassured the community that the alliances vision remained unchanged despite the delay. This temporary delay does not impact the substantial progress we have made towards creating a decentralized superintelligence network. Our teams are actively working with centralized exchanges to finalize the remaining steps. We appreciate the continued support and patience of our community and stakeholders as we work through these final logistical steps. SingularityNET Foundations CEO, Ben Goertzel, explained that they are working on integrating the three companies’ AI and blockchain technology. Additionally, he stated his excitement for the upcoming milestone: The finalization of the 3-way tokenomic merger on July 15 will be a major milestone, and we anticipate a series of progressively more exciting milestones after that as we leverage our $ASI token-based network to move toward increasingly capable AI systems and in time actual superintelligence. FET, AGIX, And OCEAN Face 8% Drop After the announcement, the three AI tokens saw a negative price impact in the following hours. SingularutyNETs AGIX token saw an 8.9% decline, from trading at $0.7035 to $0.6404 throughout Tuesday. In the early hours of Wednesday, the token recovered some ground from the retrace. AGIX traded at $0.6819, a 3.8% decrease from the day before. Similarly, Ocean Protocols OCEAN had an 8% drop after the news. The tokens price went from trading at $0.7156 to $0.6576 before recovering the $0.68 support level on Wednesday morning. At the time, AGIX faced a 4.4% decline in its price before the announcement of the delay. Meanwhile, FET saw the largest retrace of the three, with a 10.8% drop. The token fell from the $1.66 price range to $1.48. Later, the token recovered above the $1.62 level, a 3.1% decrease from Tuesday morning. Crypto analyst Altcoin Sherpa commented on FETs performance. The price drop was a good reminder that everything comes back down eventually; you just have to be patient. Moreover, Sherpa said the price range may be a good buy, but it was yet TBD if it’s ‘the bottom.’ Related Reading: Dogwifhat To Tumble? Analyst Sets $1 Target For WIF However, the tokens have now recovered from the drop. As of this writing, FET is trading above the $1.7 price range. The surge represents a 6.7% increase in the last hour and a 4.4% recovery from its price 24 hours ago. Similarly, AGIX and OCEAN have seen a 5.7% and 5.5% surge in the last hour. This represents a 3.4% and 3% increase since the ASI token merger delay announcement. Featured Image from Unsplash.com, Chart from TradingView.com
The planned merger of Fetch.ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN) into Artificial Superintelligence Alliance (ASI) has been postponed to July 15. In March, the three networks announced intentions to unify their tokens into the ASI token, with a total supply of 2.63055 billion tokens. The move aims to establish ASI as the AI industry’s […]
The post Fetch.ai, SingularityNET, and Ocean Protocol token merger delayed to July 15 appeared first on CryptoSlate.
VeChain partners with 4ocean to leverage blockchain technology in combating ocean plastic pollution, aiming to remove 300,000 pounds of debris in 2025. (Read More)
The blockchain technology networks Fetch.ai,SingularityNET, and Ocean Protocol recently merged their projects to create adecentralized form of artificial intelligence (AI). According to a statement by Fetch.ai, thiscollaboration aims to democratize access to AI technology while ensuring its benefits are equitably distributed.
Embracing Decentralization in AI
Named Superintelligence Alliance, the partnership isdriven by a shared vision of harnessing the potential of AI for thebenefit of humanity. Fetch.ai, SingularityNET, and Ocean Protocol plan tomerge their tokens into a single currency dubbed Artificial Superintelligence($ASI). The trio has highlighted the need for decentralized control to preventAI from being monopolized by a few entities.
We are excited to announce a multi-billion token merger with @Fetch_ai and @oceanprotocol to create the Artificial Superintelligence Alliance, the largest open-sourced, decentralized network, and accelerate the race to AGI. Learn more: https://t.co/zT8Q1HbkEv pic.twitter.com/2U3VbeFfW5
SingularityNET (@SingularityNET) March 27, 2024$ASI will be a universal AI token that aims to streamlinetransactions within the alliance's ecosystem and facilitate collaboration amongdevelopers, researchers, and users. With a combined value of $7.5 billion, thealliance aims to position itself as a formidable player in the AI industry.
Fetch.ai,SingularityNET, and Ocean Protocol seek to create a decentralized ecosystemwhere the development of AI is open, transparent, and inclusive by merging their resources and expertise. Dr. Ben Goertzel leads SingularityNET, while Humayun Sheikh and Trent McConaghyspearhead Fetch.ai and Ocean Protocol, respectively.
Artificial Superintelligence
To ensure effective governance, the alliance willestablish a governing council comprising leaders from Fetch.ai, SingularityNET,and Ocean Protocol. Community input will be solicited, with governanceproposals subject to approval by a majority of the leaders of the new project.
Last year, blockchain technology and the AI sectorexperienced unprecedented growth. According to a report by Finance Magnates,the convergence of AI and blockchain technology promises to revolutionize userexperiences and reshape the landscape of crypto and Web 3. The fusion of AI and blockchain enhances the personalization and optimization of crypto and Web 3.
User-centric design is crucial for bridging the gap betweenusers and technology in this sector. Platforms like Audius prioritize userexperience, allowing interaction with crypto technology for musicand art enthusiasts. By focusing on users' needs and behaviors, user-centricdesign enhances accessibility and adoption of this technology.
This article was written by Jared Kirui at www.financemagnates.com.
The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named artificial superintelligence (ASI). 3 Top AI Tokens to Combine Into a Single Coin Called ‘ASI’ In a communication dispatched to Bitcoin.com News, the [...]
The post Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into Artificial Superintelligence Coin appeared first on Crypto Breaking News.
Three Artificial Intelligence (AI) protocols have confirmed a monumental $7.6 billion merger to establish the Artificial Superintelligence Alliance, with the primary goal of advancing the development of Artificial General Intelligence (AGI), according to a March 27 statement shared with CryptoSlate. SingluarityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) said they joined forces to create an […]
The post Fetch, Ocean, SingularityNET tokens merge into single ASI token with $7.6 billion market cap appeared first on CryptoSlate.
The three leading artificial intelligence blockchain projects Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN)are on the verge of a potential merger into a new token named Artificial Superintelligence (ASI), with the collective aim of establishing a decentralized AI behemoth. This initiative seeks to position them as formidable contenders against established tech giants such as OpenAI, Google, Microsoft, and Apple, by leveraging the intrinsic benefits of blockchain technology for AI development. Fetch.AI + AGIX + OCEAN = ASI This breaking news was positively received by the market. In the last 24 hours, Fetch.AI has seen a 12% increase, SingularityNET a 10% rise, and Ocean Protocol a significant 23% surge in their values, underscoring the market’s enthusiastic reception to the merger talks. This proposed consolidation, first reported by Bloomberg, aims to amalgamate the three tokens into an ASI token, which is projected to have a fully diluted value of approximately $7.5 billion. The merger’s completion is subject to approval from the community members of each participating platform. Related Reading: Fetch AI Fetches Fire 110% Price Surge Ignites All-Time High Despite the ongoing negotiations, representatives from SingularityNET, Fetch.ai, and Ocean Protocol have maintained a neutral stance, opting not to comment on the matter. According to sources who wished to remain anonymous due to the private nature of the information, the announcement of the deal could come as early as Wednesday, contingent upon the consent of the community members of each involved project. Central to this collaboration is the establishment of the Superintelligence Collective, which would oversee the merged entity’s strategic direction. Ben Goertzel, the visionary founder and CEO of SingularityNET, is set to lead this initiative, with Fetch.ai CEO Humayun Sheikh, notable for his early investment in DeepMind (later acquired by Google), poised to serve as chairman. This leadership structure is designed to synergize the distinct technological and philosophical approaches of each platform, fostering an environment where decentralized AI can thrive away from the conventional corporate model dominated by shareholder interests. Related Reading: Fetch.AI (FET) Price Gains Another 15% Following This Big News The backdrop of this bold move is the escalating investment by heavyweight tech corporations in AI technologies, signaling a broad industry consensus on AI’s transformative potential. The burgeoning interest in AI from these corporations has sparked a parallel movement within the crypto sector, where projects like SingularityNET, Fetch.ai, and Ocean Protocol are pioneering the development of decentralized AI solutions. These solutions aim to democratize AI advancements, ensuring that the benefits of AI technologies are accessible to a wider audience and not just a consortium of tech oligarchs. The largest of all three AI crypto projects by market cap, Fetch.AI (FET) is continuing its price discovery mode after breaking its all-time high in mid-February. At press time, FET traded at $3.24. Featured image from Shutterstock, chart from TradingView.com
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver, Canada, back in 2013, there [...]
The post Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump appeared first on Crypto Breaking News.
Discover the best AI tokens for 2023 and seize the opportunity to invest in the transformative field of artificial intelligence. Find out how these tokens can provide access to cutting-edge AI projects and platforms, and potentially yield lucrative returns on your investment.
OCEAN is the ERC-20 utility token native to the Ocean Protocol, which it powers by allowing users to stake on data, partake in the governance of the protocol, and buy & sell data, all while allowing near-term growth and long-term sustainability. What is Ocean Protocol? Bruce Pon and Trent McConaghy... Read More
Bitcoin Struggles but Risks Decline below $23K – February 27, 2023 Bitcoin (BTC) price is regaining momentum as it moves above the 21-day simple moving [...]
GRT has turned technically overbought, but its long-term potential remains skewed to the upside, thanks to healthy network fundamentals.
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