Three of the most prominent AI-focused blockchain projects—SingularityNET, Ocean Protocol, and Fetch.ai—are reportedly set to join hands to create a new token, AltSignals (ALS).
The new token would have a market cap of $7.5 billion, pushing it into the top 20 at current prices; the news triggered price surges for three tokens.
Blockchain and artificial intelligence are the two most disruptive technologies today, and three of the top projects combining the two are reported to be edging closer to a merger.
According to a post by Bloomberg’s Mergers and Acquisition team, SingularityNET, Ocean Protocol and Fetch.ai are working on combining their projects’ tokens into one.
[TREE DAO] SingularityNET, https://t.co/JSH3iD5uiE and Ocean Protocol are discussing merging their tokens into an ASI token that would have a fully diluted value of about $7.5 billion, according to people familiar with the matter
— Tree News (@News_Of_Alpha) March 27, 2024

The new token would be known as Al

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