Ocean Protocol

SingularityNET

Artificial Intelligence

Fetch.ai

<p><strong>Three big names in AI technology, Fetch.ai, Ocean Protocol, and SingularityNET, have come together in a huge move.</strong> They’re combining their powers to create one big team, called the Artificial Superintelligence Alliance, with a total value of $7.6 billion. This big step is about making Artificial Intelligence smarter and getting it out from under the control of the few big companies that currently lead the way.</p>
<img src="https://cryptoticker-strapi-media.s3.eu-central-1.amazonaws.com/ai_cyberspace_smart_bot_with_processor_3d_illustration_concept_1_c2c77b142e.jpg" alt="AI">
<h2 id="h-ai-gets-a-big-boost-from-new-alliance"><span id="AI_Gets_a_Big_Boost_from_New_Alliance">AI Gets a Big Boost from New Alliance</span></h2>
<p>The reason behind this big merge is simple: <a href="https://cryptoticker.io/en/top-6-best-ai-tokens-bull-run/" target="_blank" rel="noreferrer noopener">Artificial Intelligence</a> is growing fast, and these three companies have done a lot on their own. Now, they’re joining forces to speed up the work on making Artificial Intelligence even smarter, in a way that everyone can benefit from, not just the big tech companies. Ben Goertzel from <a href="https://cryptoticker.io/en/singularitynet-agix-shocks-the-market/" target="_blank" rel="noreferrer noopener">SingularityNET</a> and Humayun Sheikh from <a href="https://cryptoticker.io/en/fet-price-prediction-fetch-ai-price/" target="_blank" rel="noreferrer noopener">Fetch.ai</a> are leading the charge. They believe that Artificial Intelligence should be developed in a way that’s open and fair for everyone.</p>
<h2 id="h-how-the-ai-token-merger-works"><span id="How_the_AI_Token_Merger_Works">How the AI Token Merger Works</span></h2>
<p>In practical terms, this means the tokens (or digital coins) from Fetch.ai, Ocean Protocol, and SingularityNET will all come together into one new token, called the <strong>ASI token</strong>. This new token is expected to be worth $7.6 billion in total. Bruce Pon of Ocean Protocol explains that the ASI token will help keep the network safe and make it easier to access and use Artificial Intelligence without needing traditional money systems. Even though they’re joining forces, each company will keep doing its own projects. They’ll just be working together under this new alliance to make Artificial Intelligence better for everyone.</p>
<h2 id="h-the-impact-on-the-market"><span id="The_Impact_on_the_Market">The Impact on the Market</span></h2>
<p>When the news came out, people got excited and the value of their tokens went up. However, the crypto market can be a bit like a rollercoaster, and things have gone up and down since then. Here’s a quick look at where things stood recently:</p>
<ul>
 <li>Fetch.ai (FET) was up a little, at $3.33.</li>
 <li>SingularityNET (AGIX) had a tiny drop, at $1.35.</li>
 <li>Ocean Protocol (OCEAN) saw a bigger drop, at $1.45.</li>
</ul>
<p>These changes show how news can shake things up, but also how the overall mood in the crypto world can affect prices.</p>
<h2 id="h-a-step-towards-fairer-ai"><span id="A_Step_Towards_Fairer_AI">A Step Towards Fairer AI</span></h2>
<p>This big move is about more than just creating a new token; it’s about setting a new direction for AI. The goal is to make sure AI development isn’t just in the hands of a few big companies but is something that everyone can be a part of and benefit from. With this alliance, Fetch.ai, Ocean Protocol, and SingularityNET are working to make AI more accessible and fair for everyone. This could change the game in how AI is developed and used in the future.</p>

Three Most Popular AI Tokens Plans to Merge

Table of Contents

CryptoTicker ENG

Other articles published on Apr 8, 2024

Fantom (FTM) Founder Andre Cronje Shows Support for Solana Amid Network Congestion Issues

Frax Finance dives into DeFi liquidity with $250M USDe allocation

Michael Saylor Issues Bullish BTC Call as Bitcoin Price Hits $72,000

Pepecoin (PEPE) Vs O2T – Why This Pepecoin (PEPE) Nemesis Has Showed 500% Better Results for Hold...

Blockchain-Focused Polychain Capital Fuels AI Firm Ritual's $25M Funding Round With Significant I...

Ripple Partner Tranglo’s Game Changing Cross-Border Payment Solution Goes Live

Join our free newsletter for daily crypto updates!