Voting for holders of AGIX tokens begins on Cardano and Ethereum.
With their intentions for a token merger, SingularityNET, Fetch AI, and Ocean Protocol continue forward.
Price rallies in OCEAN, FET, and AGIX.
In a major wave of changes, SingularityNET has highlighted another development in its token-merger history. Following the announcement of intentions for a multibillion token merger, including Fetch AI, Ocean Protocol, and SingularityNET, SingularityNET’s community posted a post on X today stating that AGIX token holders on Cardano and Ethereum can now vote for this significant merger.
🗳️ Vote Now Open for SingularityNET, @Fetch_ai, and @oceanprotocol Multi-Billion Token Merger!
The time has come to make your voice heard! The voting window for our three-way token merger proposal with @Fetch_ai and @oceanprotocol is now OPEN to #AGIX token holders on Cardano… pic.twitter.com/mUtvi78C5Z
— SingularityNET (@SingularityNET) April 4, 2024
Fetch, in the meantime. According to a post on X, AI already started its voting sessions yesterday, signaling a wave of advancements in the global cryptocurrency market. However, Ocean Protocol has yet to begin holding any voting sessions, which emphasizes the amazing collaboration that intends to combine OCEAN, FET, and AGIX tokens into one ASI.
What’s the scoop on the ASI Token Merger?
SingularityNET, Fetch.ai, and Ocean Protocol recently announced an Artificial Superintelligence Alliance (ASI). These AI initiatives planned to combine the native tokens of their ecosystems—AGIX, FET, and OCEAN—into one ASI token, which caused a stir in the cryptocurrency community. With a fully diluted worth of approximately $7.5 billion, this merger caused a stir in the world of cryptocurrencies.
This action by the blockchain-based companies highlights an attempt to support a decentralized AI platform in the face of intensifying competition as the global race for AI picks pace every day. However, according to people who are familiar with the situation, the three will continue operating independently even after the merger.
In addition, SingularityNET CEO Ben Goertzel will lead the merger, with chairman Humayun Sheikh of Fetch.ai serving as his deputy. As previously reported by Coingape Media, Trent McConaghy of Ocean Protocol will also play a significant role in the Artificial Superintelligence Alliance.
AGIX, FET, and OCEAN all reported significant concurrent increases today.
Prices of AGIX, FET, and Ocean Jump
As of this writing, the price of AGIX has increased by 6.57% in the last day and is presently trading at $1.14. AGIX entered a bullish phase today with a rise in the 24-hour trading volume of 21.61% and a rise in the token’s market capitalization of 5.86%.
In a similar vein, Fetch.AI (FET) rose 7.62% to $2.85. Even FET solidified its position with a bullish 8.13% increase in market capitalization and a 4.47 increase in trading volume over 24 hours. In the meantime, the price of OCEAN increased by 4.78% and is now at rest at $1.17. Its market capitalization and 24-hour trading volume have increased by 4.83% and 55.27%, respectively.
