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58169179 No.58169179 [Reply] [Original]

SingularityNET, Fetch ai, and Ocean Protocol, three AI blockchain firms, plan to merge their tokens into a new $7.6B token called ASI, aiming for a decentralized AI platform. Aiming to counter big tech's control, they seek community approval.

>> No.58169216

>>58169179
no one cares faggot, tg nextbigbaselaunch is where its at

>> No.58169244
File: 65 KB, 995x560, ASI Tech Stack.jpg [View same] [iqdb] [saucenao] [google]
58169244

It's happening. It's really happening. Imagine sleeping on AI because you thought it was a trend, a bubble or "vaporware" lol. Get wrecked.

>> No.58169294
File: 57 KB, 1063x491, RNDR Advisor.jpg [View same] [iqdb] [saucenao] [google]
58169294

RNDRqueers get wrecked.

>> No.58169545

>>58169179
Well I own a bit of all three so, neat.

>> No.58169645

>>58169179
Combining to make some vaporware Voltron coin isn't going to save you

>> No.58169680

>>58169645
You are truly brain dead if you don't recognize that FET (or rather ASI) just won the AI coin race. This is 100% be the largest cap AI coin by the end of the bull run.

>> No.58169682

>>58169645
Yes it is. They should call this shit ASI.ai.
Hope on the new new narrative or lose.

>> No.58169764
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58169764

>>58169645
>vaporware

Midwit disregarded.

>> No.58170770
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58170770

So what is the timeline on this? When is the new token arriving?

>> No.58171064

>>58170770

https://www.coindesk.com/business/2024/03/27/three-decentralized-platforms-to-merge-ai-tokens-create-ai-alliance

>> No.58171096

>>58170770
>So what is the timeline on this?

https://fetch.ai/blog/superintelligence-alliance-token-merge-asi

Fetch.ai, SingularityNET and Ocean Protocol will shortly be submitting governance proposals to their respective communities and voting is expected to open on 2nd April. Fetch.ai will complete voting on 7th April with all proposals scheduled to complete voting by 16th April.

If approved, it will then be possible to swap $FET for Artificial Superintelligence token at a rate of 1:1. For example, if you hold 100 $FET then you will be able to swap it for 100 $ASI.

As part of the new initiative, Ocean Protocol will convert $OCEAN tokens into $ASI and SingularityNET will convert $AGIX tokens into $ASI at a fixed exchange rate, detailed further down.

The $ASI token (the renamed $FET token) will have a new market capitalization based on the token merge. The combined value of the Superintelligence Alliance is expected to be around $7.5 Billion with 2.631 Billion tokens, and with $FET as the benchmark currency, valued at $2.82 per $FET at the time of writing.

Token holders will receive 0.433226 $ASI per $OCEAN and 0.433350 $ASI per $AGIX. This exchange rate is fixed and will not change. We expect that smart arbitrageurs will notice if a price differential between the tokens arises, and then arb it out to maintain a balance and equilibrium in the exchange rate.

>> No.58171113

For those of you holding your tokens in hard wallets or offline, a token swap mechanism will be available in the coming weeks to allow holders to exchange their $OCEAN and $AGIX for $ASI.

Once made available, this swap mechanism will be available indefinitely to allow long-term stakers to exchange their $OCEAN and $AGIX for $ASI tokens when their tokens unlock, without any FX or exchange risk.

>> No.58171209

>>58169179
>into a new $7.6B token
so.. already pumped to heavens. No one cares

>> No.58171223

>>58169179
>$FET becomes ASI$ASI with a total supply of 2.63055 billion tokens and a starting price of $2.82
So anything higher than $2.82 is sell territory?

>> No.58171238

>>58169764
>”Who can make the best chat bot?”
I remember doing this in college too.

>> No.58171272

>>58171223
no FET was valued that at the time of writing the article lol, its now 3$

>> No.58171298

>>58169179
>THE NEW ERA : AS. I I TOKEN $$B.
Ai is retarded

>> No.58171331

>>58171209
the right answer

>> No.58171482

>>58169645
kek this

>> No.58171661

Wait so yoyre telling me im holding ocean at 600mill market cap. Amd this shit will soon be 10x the market cap without giving me any gains? Reeeeeeeee

>> No.58171701

>>58171661
your not holding ocean, you are holding $ASI, the new god of AI coins.

>> No.58172022

>>58171096
Thanks, appreciate it. Day after halving then.

>> No.58172703

>>58169179
who cares. these fake shill treads are easily spot-able now scammers. all the retards are already broke.

>> No.58172731

>>58169179
you should kill yourself.

>> No.58172780

>>58169645
/thread
Dumped my AGIX at the top since now it's just a vaporware scam pegged to .43 FET which is now a high cap. May buy in again later we will see.

>> No.58172984

This is actually bearish, short term gains ppl.

This is a sign that they by themselves are DOA against the competition building up steam at this point due to recent news by certain crypto - eco systems that they are not a part of, aka there dead projects that'll be trying to get the scraps from the big players that'll emerge after the rally and this partnership is there one and only moment to try and gain some momentum or will likely dump into 2025-26.

>> No.58173140
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58173140

>>58172780
>vaporware!!!

>> No.58173831

guys what happens to the staked fetch, will it also be swappable or what?

>> No.58173851

>>58172984
agreed on the bearish short term, like it's psychologically different to buy into a a 1-2B mc token than on a 10B...

but on the competition stuff I caan't seem to see which project you referring to

>> No.58173917

So if I own FET on an exchange, do I need to do anything?

>> No.58175344

What does this mean for TAO?