FET, AGIX, and OCEAN Tokens Might Soon Merge into One
Three AI-focused crypto projects, specifically SingularityNET, Fetch․ai, and Ocean Protocol, are considering the merger of their tokens into a single ASI token, Bloomberg reports, without revealing its source.
On this page
Three AI-focused crypto projects, specifically SingularityNET, Fetch․ai, and Ocean Protocol, are considering the merger of their tokens into a single ASI token, Bloomberg reports, without revealing its source.
While these projects will continue to operate independently, they will share leadership under a so-called Superintelligence Collective, headed by Fetch․ai CEO Humayun Sheikh.
The deal is currently pending approval from the community members of each project and might be officially announced later. It's also noted that the FDV of the new ASI token would be $7.5 billion.
Following the news, the mentioned tokens saw a significant surge in value, with OCEAN notably increasing by over 35% within a day, and AGIX and FET both appreciating by over 10%. If you're interested in AI-focused projects' tokens, feel free to check out our recent article.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
