AI Powerhouses Fetch.ai, SingularityNET, & Ocean Protocol Tease Possible Token Merger

Watch out folks, there's a storm brewing in the cryptoverse, and this one's got a serious AI twist. Three big-wigs of the blockchain-based Artificial Intelligence world - Fetch.ai, SingularityNET, and Ocean Protocol, are mulling over a possible merger of their tokens. Yes, you heard it right!

Impressively christened as the "Artificial Superintelligence Alliance", this merger is expected to pop a new player, the Artificial Superintelligence (ASI) token, on the crypto chessboard. Since the news dropped, quick-buck enthusiasts will have noticed that Fetch.ai (FET) notched up by 15%, and SingularityNET (AGIX) spiked to 12%. It was however Ocean Protocol's token, OCEAN, that rode the steepest wave, cruising to a 36% rise in just 24 hours.

What's it all about? Simple - joining forces to dominate the AI scene, deliver a decentralized infrastructure, and speed up AI investments.

Bruce Pon, Co-founder & CEO of Ocean Protocol, offered some insight: "We're ramping up to compete globally. Our combined technologies take us a big step closer to achieving decentralized AI that doesn’t need banking or standard payment methods. It's basically creating a native currency for the robotic economy that allows for plenty of independence."

Wait for it, there's a timeline attached. Integration proposals are set to be put forth to their respective governance communities ASAP, with a 14-day consultation period. The vote is expected between April 2 and 16.

Should we hear 'yes' all-around, FET will morph into ASI, while AGIX and OCEAN will follow suit at calculated conversion rates, giving the ASI collective a potential value of a whopping $7.5 billion.

The potential merger emanates a radical winds of change. As Humayun Sheikh, CEO and Founder of Fetch.ai and early investor at DeepMind, puts it, "Decentralized AI permits direct interaction between developers and users, effectively bypassing the traditional gatekeepers and ensuring data privacy."

A “Superintelligence Collective” governance council would be established to oversee the operation of the merged token network. This collective is expected to act as a big-spoon, stirring a more democratic AI ecosystem that encourages worldwide participation.

Dr. Ben Goertzel, the brain behind SingularityNET, developed the idea of ensuring Artificial General Intelligence (AGI) and ASI remain available in an open, decentralized form. He effortlessly summed up the ultimate goal: "Take on Big Tech and shift the AI fueling station from Big Tech to the decentralized ecosystem."

The community meeting to discuss this potential game-changer is happening on X Spaces soon. Don’t miss it, this could be the beginning of an exciting future for AI in blockchain!

Our Opinion:

If this crypto combination comes to fruition, it could really rock the boat and shake up the global AI market. It offers a promising antidote to the dominance of big tech companies over AI, and is likely to play a major role in the future of decentralized AI.