ASI Alliance aims to dominate Big Tech AI with a decentralized network

Fetch.ai, SingularityNET, and Ocean Protocol, collectively known as the “Artificial Superintelligence Alliance (ASI),” announced the completion of their merger in June. It aims to create the largest decentralized network for AI with the new ASI token.

Effective June 11, 2024, FET will be renamed ASI and the merger will be completed on June 13. The ASI token will work across the entire network, offering great scalability and power.

Alliance of Artificial Superintelligence

According to the official press release shared with CryptoPotato, users can start exchanging FET for ASI tokens via a secure token migration contract on June 11, with AGIX and OCEAN tokens on June 13. This contract will securely migrate tokens for over 200,000 holders previously. set exchange rates.

Ben Goertzel, CEO of ASI Alliance, said:

“This merger paves the way for a new era in AI, combining our strengths to achieve unprecedented advances. This is just the beginning of a larger movement to join forces working toward beneficial decentralized AGI and super intelligence

The ASI token is a symbol and a practical tool for our shared quest to leverage advanced AI, blockchain, and decentralized governance to move quickly and effectively toward an amazing future for all.

The merger aims to bring decentralized AI infrastructure closer to reality. The collective research, brands, technologies and products of SNET, Fetch.ai and Ocean Protocol will be used to set the stage for an open and scalable AI system using blockchain to ensure development and ethical and reliable use of AI.

Challenging Big Tech’s dominance in AI

The partnership formed by the trip also aims to challenge Big Tech’s dominance of AI development amid the sector’s rapid expansion.

Longtime AI advocates and early adopters Ben Goertzel, Humayun Sheikh and Trent McConaghy have established the ASI Alliance to accelerate the commercialization and monetization of their technologies, making advanced AI platforms and large ensembles of data are widely accessible. Its ultimate goal is to elevate the development of Artificial General Intelligence (AGI) as a precursor to achieving superintelligence.

Sheikh, who is the CEO and founder of Fetch.ai and chairman of ASI, said:

“With our new economies of scale, the Alliance can make real inroads in changing the way Big Tech controls the narrative and direction of AI. We have a long way to go, but this first step provides a foundation for others with a similar mission to make a difference.”

SPECIAL OFFER (Sponsored) Binance Free $600 (Exclusive to CryptoPotato): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

2024 LIMITED OFFER on BYDFi Exchange – Up to $2888 Welcome Reward, Use this link to register and open a 100 USDT-M position for free!