The Artificial Superintelligence Alliance (ASI), comprising Fetch.ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May.
In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20 cryptocurrencies, boasting an estimated $7.5 billion market capitalization.
ASI token
According to the merger terms, FET will be rebranded as ASI, with a token supply of 2.63 billion. The native tokens of SingularityNET and Ocean Protocol would also be migrated to ASI, with conversion rates of 0.433350:1 and 0.433226:1, respectively.
This development arrived nearly a month after the initial proposal was unveiled. The merger was proposed to bolster artificial intelligence growth and expedite investments in Artificial General Intelligence (AGI). Additionally, the merger aims to disrupt the dominance of big techno
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