SingularityNET (AGIX) Holders Approve ASI Alliance

SingularityNET’s token holders have overwhelmingly supported the formation of the Artificial Superintelligence (ASI) Alliance.

The company announced that a significant majority of SingularityNET’s token holders have voted in favor of the proposed Artificial Superintelligence (ASI) Alliance plan.

ASI Alliance Moving Forward On SingularityNET Endorsement

The new development is a step that demonstrates forward-thinking on the part of AGIX holders, as it symbolizes the beginning of the establishment of the largest open-source, decentralized network.

With the goal of advancing the development of decentralized artificial general intelligence (AGI) and subsequently artificial intelligence (ASI), this potential network has been established.

We extend our gratitude to the holders of SingularityNET for their participation in the vote process and their support of the quest. SingularityNET, together with Fetch AI and Ocean Protocol, is participating in this effort, which is noteworthy.

After a number of fruitful discussions, the three individuals came to the conclusion that they should combine their tokens into a single token under the name of ASI.

All of this is a component of the overarching objective, which is to create a centralized artificial intelligence platform that will be known as the ASI Alliance.

Consequently, the combination of the AGIX, FET, and OCEAN tokens will fully dilute the ASI token, resulting in its value being around $7.5 billion.

According to the provisions of the agreement, the merger would not in any way have an effect on the individual operations of each of the entities involved.

There will be no change to the fact that SingularityNET, Fetch AI and Ocean Protocol will continue to operate independently. Ben Goertzel, CEO of SingularityNET, would only require them to collaborate under the Superintelligence Collective.

Executives from Fetch AI and Ocean Protocol would provide support in different capacities.The admirable achievement required the consent of the individuals who were members of each AI company’s community. Consequently, the ASI token merger went live a few days after its announcement.

SingularityNET released a post on X, announcing that AGIX token holders on Cardano and Ethereum can now vote for the significant merger. This information was included in the post.

ASI Alliance Promoting AI and Blockchain Integration

At the same time, Fetch AI had also begun voting but they had excluded Ocean Protocol from consideration. It appears that the ASI Alliance platform is now getting closer to becoming a reality, as it has garnered support from individuals from the many communities that are participating in the merger.

“The moment has come!” As was recently observed on the X account of the ASI Alliance, the ASI Alliance is initiating the deployment of the world’s largest decentralized network for speeding artificial general intelligence and artificial intelligence.

Another significant step forward in the integration of artificial intelligence with blockchain technology is the establishment of the ASI Alliance, a move that is rapidly becoming a trend among projects involving digital assets.

As a result of the marriage of blockchain technology and artificial intelligence, AI tokens are now performing exceptionally well in the cryptocurrency market.

Since the start of February, the value of Sam Altman’s Worldcoin (WLD) has increased by as much as 200%. The choice of SingularityNET voters to endorse the merger may have been influenced by the positive momentum that has been gaining momentum.