⚡ FET, AGIX, and OCEAN Tokens Might Soon Merge into One
posted 27 Mar 2024
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.
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