In a world increasingly dominated by Artificial Intelligence (AI), a new alliance promises to shake up the status quo, challenging the monopoly of technology giants. The Artificial Superintelligence Alliance, formed by the merger of SingularityNet, Fetch.AI and Ocean Protocol, emerges as a force poised to democratize access to AI, with a merger valued at a staggering $7,6 billion.
This alliance is not just another initiative in the world of cryptocurrencies; it signals a giant step towards the decentralization and democratization of AI. By combining their respective tokens into a single ASI, the alliance aims to create the world's largest open-source decentralized network focused on accelerating the development of Artificial General Intelligence (AGI).
SingularityNet, Fetch.AI and Ocean Protocol, leaders in the blockchain of AI, bring their unique strengths to this partnership. SingularityNet is known for its blockchain-based AI marketplace, while Fetch.AI stands out for its decentralized multi-agent AI platform. Ocean Protocol brings its expertise as a data exchange platform. Together, they promise to not only advance the advancement of AI but also ensure that power and control over this transformative technology is distributed more equitably.
The leadership of this new alliance is in experienced hands, with Ben Goertzel of SingularityNet, Humayun Sheikh of Fetch.AI, Bruce Pon and Trent McConaghy of Ocean Protocol at the helm. They guarantee that, despite the merger, the entities will continue to operate independently, however, collaborating closely within the ASI ecosystem.
The impact of this merger on the AI and cryptocurrency market is immeasurable. With the introduction of the ASI token, not only a new era of AI innovation is expected but also a direct challenge to the control exercised by Big Techs. Bruce Pon, co-founder of Ocean Protocol, expressed excitement about the alliance, highlighting it as a promise of an open and decentralized AI infrastructure capable of competing globally.
Furthermore, the recent increase in value of the OCEAN token, which has risen by more than 30% in the last 48 hours, shows the economic potential of this merger. With the support of Tether Operations Limited and the introduction of the ASI token, the Artificial Superintelligence Alliance not only promises to revolutionize the AI industry but also reaffirm the value and importance of cryptocurrencies on the global stage.
