News

Artificial Superintelligence Alliance Proposal Approved By AGIX Holders

Key Points:

  • AGIX token holders approve the Artificial Superintelligence Alliance, marking a significant step towards decentralized AGI and ASI development.
  • SingularityNET, Fetch.ai, and Ocean Protocol discuss merging tokens into ASI, aiming for a $7.6 billion market value to boost AGI progress.
  • The merger preserves autonomy for SingularityNET, Fetch AI, and Ocean Protocol while fostering collaboration under SingularityNET CEO Ben Goertzel’s leadership in the Superintelligence Collective.
In a landmark move, SingularityNET has announced that an overwhelming majority of AGIX token holders have given their nod to the proposed Artificial Superintelligence Alliance. This significant decision signals the inception of what could become the largest open-source decentralized network.

Read more: SingularityNET Review: Detailed About The Project, Will It Explode With AI Trend?

AGIX Token Holders Back Artificial Superintelligence Alliance for AGI Advancement

Artificial Superintelligence Alliance is a testament to AGIX holders’ forward-thinking approach, marking the first steps toward fostering a robust ecosystem dedicated to advancing decentralized Artificial General Intelligence (AGI) and, subsequently, Artificial Superintelligence (ASI).

SingularityNET expressed gratitude to its community for actively participating in the voting process, emphasizing their crucial support for this ambitious endeavor.

Previously reported discussions between SingularityNET, Fetch.ai, and Ocean Protocol regarding the amalgamation of their tokens into the ASI token have garnered attention. This proposed merger, set to propel the fully diluted market value of ASI tokens to an estimated $7.6 billion, reflects the collective vision of these projects to leverage synergies and expedite progress in AGI development.

SingularityNET, Fetch AI, and Ocean Protocol Unite Under Superintelligence Collective

Driven by the exponential growth of AI and the notable achievements of each project independently, the alliance seeks to establish a resilient decentralized AI infrastructure globally. Moreover, it aims to challenge the dominance of Big Tech in AI development, utilization, and commercialization.

Importantly, the merger agreement ensures that individual operations of SingularityNET, Fetch AI, and Ocean Protocol remain unaffected. They will operate independently, collaborating under the leadership of SingularityNET CEO Ben Goertzel within the Superintelligence Collective.

Executives from Fetch AI and Ocean Protocol will assume supporting roles, fostering a collaborative environment conducive to innovation and progress.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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