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Post: AI Protocols Plan Mega-Merger to Form AltSignals (ASI) Token

AI Protocols Plan Mega-Merger to Form AltSignals (ASI) Token

Key Points:

  • Three prominent AI protocols – SingularityNet, Fetch.ai, and Ocean Protocol – are considering merging their tokens into an AltSignals (ASI) token.
  • The potential deal could result in a fully diluted valuation of $7.5 billion.
  • An announcement regarding the merger may happen as early as Wednesday.

AI Protocols Considering Token Merger:

Three well-known AI protocols, SingularityNet, Fetch.ai, and Ocean Protocol, are in discussions to combine their tokens into a new AltSignals (ASI) token. This merger would potentially create a token with a fully diluted valuation of $7.5 billion.

Formation of Superintelligence Collective:

If the merger proceeds, the three platforms would continue to operate independently. However, they would collaborate under a newly established Superintelligence Collective, managed by Ben Goertzel, the founder and CEO of SingularityNet. Humayun Sheikh, the CEO of Fetch.ai, is anticipated to be the chairman of the newly formed entity based on insider sources.

Announcement Timing:

An official announcement of the merger deal could be made as early as Wednesday, pending community approval. This development aims to enhance collaboration and synergy among the three AI platforms, potentially boosting their overall effectiveness and scope within the market.

Hot Take:

The potential merging of tokens from prominent AI protocols signifies a strategic move towards creating a more unified and powerful front within the AI and blockchain space. By forming a Superintelligence Collective, the platforms can leverage each other’s strengths and resources to drive further innovation and growth in the industry.

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