FET, AGIX, and OCEAN Tokens Might Soon Merge into One

posted  27 Mar 2024
Photo - FET, AGIX, and OCEAN Tokens Might Soon Merge into One
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