search
Homeweb3.0The Super Artificial Intelligence Alliance ASI will be launched in late May. The three currencies will be merged to save arbitrage space. The post-merger valuation will be as high as 7.5 billion US dollars.

Recently, the token merger proposal of SingularityNET, Fetch.ai and Ocean Protocol was voted by the community, and the Alliance for Super Artificial Intelligence (ASI) will be officially launched in May this year. So, how will the original tokens of these projects be exchanged for new coins? How will the business focus be different after the merger?

In March this year, SingularityNET, Fetch.ai and Ocean Protocol announced that they would merge their respective tokens into an artificial intelligence token called "ASI", which was approved by a community vote the following month.

According to the proposal, the total supply of $ASI tokens is 2.63 billion, and the fully diluted market value is US$7.5 billion. It will rank among the top 20 crypto market capitalizations. However, there is no official statement on the tokens. Economic models reveal more details. The token merger of $FET, $AGIX and $OCEAN is expected to be completed in early May. The number of wallet holding addresses for these tokens exceeds 250,000, of which $FET will be exchanged for $ASI at a 1:1 ratio, the total supply There are 2.63055 billion tokens; the exchange rate of $AGIX tokens is 0.43335:1; the exchange rate of $OCEAN is 0.433226:1. Since the exchange ratio remains unchanged, the official also pointed out that the price difference between the three tokens has certain room for arbitrage.

The Super Artificial Intelligence Alliance ASI will be launched in late May. The three currencies will be merged to save arbitrage space. The post-merger valuation will be as high as 7.5 billion US dollars.

For example, CoinGekco data shows that as of April 17, the price of $FET was $2.04, $AGIX was $0.84, and $OCEAN was $0.86. Based on the current price calculation, the price of $ASI is temporarily $2.04. If users purchase $AGIX and $OCEAN currently, they will have 2.7%-5% arbitrage space.

$ASI’s token exchange contract has been tested and audited and is open for a long time. Holders of centralized exchanges can automatically exchange without any operation; for holders of third-party platforms such as wallets, A token exchange mechanism will be launched in the coming weeks. Once 95% of the $OCEAN and $AGIX token supply has been exchanged for $ASI, Ocean Protocol and SingularityNET will remove all liquidity pools.

Prior to this, SingularityNET, Fetch.ai and Ocean Protocol were all artificial intelligence concept projects. Among them, SingularityNET was founded by Dr. Ben Goertzel, the "father of AGI"; Fetch.ai was acquired by Google's artificial intelligence company DeepMind. Founded by early investor Humayun Sheikh, Ocean Protocol was founded by Trent McConaghy, the architect of the artificial intelligence software that drove Moore’s Law.

Regarding the reasons for the merger of these three companies, Humayun Sheikh once explained that in the world of artificial intelligence with exponential innovation, ASI hopes to create ASI (super artificial intelligence) and AGI (general artificial intelligence) to establish the world's first open and decentralized A centralized network allows all stakeholders involved in network construction to freely choose to own and control their own data and artificial intelligence. Compared with the artificial intelligence solutions of existing giants, ASI will be more open source, fair and decentralized.

The Super Artificial Intelligence Alliance will launch on May 24. Fetch, Ocean Protocol and SingularityNET will still operate as independent entities and will work closely together in the shared $ASI token economic ecosystem and the operation of the alliance. . In terms of the governance of $ASI, the Super Artificial Intelligence Alliance Management Committee will be responsible for overseeing and guiding the operations of the token economic network. The committee is chaired by Humayun Sheikh, Ben Goertzel as CEO, and Trent McConaghy and Ocean Protocol. Another co-founder, Bruce Pon, also joined the leadership team.

Under the mainstream trend of encrypted AI, it remains to be verified whether ASI can further open up greater development space with the help of ASI and AGI narrative based on a market value of up to 7.5 billion US dollars and over 250,000 users.

The above is the detailed content of The Super Artificial Intelligence Alliance ASI will be launched in late May. The three currencies will be merged to save arbitrage space. The post-merger valuation will be as high as 7.5 billion US dollars.. For more information, please follow other related articles on the PHP Chinese website!

Statement
This article is reproduced at:PANews. If there is any infringement, please contact admin@php.cn delete
Gitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downGitcoin Labs, the primary software development unit of Ethereum public goods funding protocol Gitcoin is shutting downApr 26, 2025 am 11:22 AM

The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement.

RCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickRCO Finance (RCOF) Emerges as a Contender for the Next Top Crypto PickApr 26, 2025 am 11:20 AM

The XRP price has stabilized at $2.13, with a 24-hour trading volume of $2.33 billion. However, its momentum has slowed, leaving investors seeking the next top crypto pick.

Bitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsBitcoin (BTC) Could Reach $1.5 Million per Coin by 2030, ARK Invest ProjectsApr 26, 2025 am 11:18 AM

Investor and CEO Cathie Wood's ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility.Apr 26, 2025 am 11:16 AM

"For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question"

As Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksAs Trump Announces a 90-Day Delay for Tariffs on Cryptocurrency Imports, Speculators and Investors Begin to Outline Potential RisksApr 26, 2025 am 11:14 AM

As the US President Donald Trump announced a 90-day delay for the tariffs on cryptocurrency imports, speculators and investors began to outline potential risks to the broader cryptocurrency market.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Spotting 'one small detail' on 50p coin from 2011 could earn you £2,000Apr 26, 2025 am 11:12 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Brits are being urged to be on the lookout for a highly sought-after 50p coin that has the potential to be worth a staggering £2,000Apr 26, 2025 am 11:10 AM

This coin is highly prized by collectors if it features a specific design.

Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Spotting 'one small detail' on 50p coin from 2011 could earn you £2000Apr 26, 2025 am 11:08 AM

This Olympics-themed coin is highly sought after by collectors if it features a specific design.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

EditPlus Chinese cracked version

EditPlus Chinese cracked version

Small size, syntax highlighting, does not support code prompt function

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

WebStorm Mac version

WebStorm Mac version

Useful JavaScript development tools