Three prominent decentralized AI platforms.
Fetch.ai, SingularityNET, and Ocean Protocol, have joined forces to establish the Superintelligence Alliance. This merger aims to consolidate their efforts in decentralized AI, creating a unified front to tackle the challenges posed by centralized control in the tech industry.
Key points of this alliance include:
Purpose: The Superintelligence Alliance seeks to advance decentralized AI and provide an alternative to centralized tech giants' dominance.
Token Merger: Fetch.ai's native token (FET), SingularityNET's token (AGIX), and Ocean Protocol's token (OCEAN) will merge into a single token known as ASI (Artificial Superintelligence).
Market Cap: ASI will have a fully diluted market cap of around $7.5 billion, indicating significant potential in the decentralized AI space.
Transparency: The alliance aims to create an open decentralized AI infrastructure, promoting transparency and collaboration among contributors.
Industry Impact: The merger reflects a broader trend in the blockchain and Web3 space, where companies are striving to offer transparent and collaborative alternatives to centralized systems, particularly in AI.