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Voting For SingularityNET, Fetch AI, & Ocean Protocol Token Merger Goes Live – Crypto News

Published

1 year ago

April 4, 2024

Dripp

In a significant gust of developments, following SingularityNET, Fetch AI, and Ocean Protocol’s plans for a multi-billion token merger, SingularityNET recently spotlighted another advancement orbiting its token-merger chronicle. According to a post shared by SingularityNET’s community on X today, voting for this noteworthy merger is now live for AGIX token holders on Cardano and Ethereum.

🗳️ 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

Meanwhile, Fetch.AI already commenced its voting sessions yesterday, per a post on X, marking a storm of strides across the global crypto space. However, Ocean Protocol has not yet commenced any voting sessions that further underscore the phenomenal partnership that aims to merge AGIX, FET, & OCEAN tokens into an ASI.

ASI Token Merger: What’s The Scoop?

SingularityNET, Fetch.ai, and Ocean Protocol recently announced the launch of an Artificial Superintelligence Alliance. Planning to merge their ecosystems’ native tokens AGIX, FET, and OCEAN into an ASI token, these AI projects echoed a frenzy across the cryptocurrency landscape. Eyeing a fully diluted value of about $7.5 billion, this merger curated ripples across the cryptocurrency realm.

As the global race for AI paces daily, this step by the blockchain-based entities further underscores an effort to foster a decentralized AI platform amid rising competition. However, despite the merger, the three will continue to function as separate entities, sources familiar with the matter stated.

Besides, the merger will be spearheaded by SingularityNET CEO Ben Goertzel, who will be accompanied by Fetch.ai CEO Humayun Sheikh as chairman. Meanwhile, Ocean Protocol’s Trent McConaghy will also be a key part of the Artificial Superintelligence Alliance, Coingape Media earlier reported.

Concurrently, AGIX, FET, & OCEAN noted substantial jumps today.

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AGIX, FET, & OCEAN Prices Jump

As of writing, the AGIX price noted a 6.57% increase in the past 24 hours and is currently resting at $1.14. With a 5.86% increase in the token’s market cap and a 21.61% jump in the 24-hour trading volume, AGIX took a bullish stage today.

Similarly, Fetch.AI (FET) climbed 7.62% higher, reaching $2.85. Even FET bullishly anchored its foothold with an 8.13% surge in market cap, accompanied by a 4.47 jump in 24-hour trading volume. Meanwhile, the OCEAN price surged 4.78% and is currently resting at $1.17, with a 4.83% and 55.27% jump in its market cap and 24-hour trading volume, respectively.

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