Key Points
- Fetch.ai (FET) surged by 31% right now.
- SingularityNET, FetchAI, and Ocean Protocol not too long ago introduced July 15 because the date for the ASI token merger.
Fetch.ai (FET) surged by 31% right now. At the second of writing this text, FET’s market cap is nearly $1.4 billion.
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In a publish on X, the group at Fetch.ai revealed that The Artificial Superintelligence Alliance Launch occasion is on its approach to rejoice the ASI Token merger.
The group wrote that the occasion will rejoice the formation of the ASI token, and they are going to be holding an occasion on June 29, in Antalya, Turkey. The groups will meet there to debate the way forward for decentralized AI.
Also, on June 18, the group behind Fetch.ai revealed in a post on X that they help Outlier Ventures with their AI x Crypto Base Camp program.
Recently, the ASI Alliance introduced a delay within the ASI token merger of FET, AGIX, and OCEAN.
In an official message by way of X, the group famous that the Alliance is devoted to the profitable and seamless integration of the anticipated token supervisor.
According to the announcement, SingularityNET, FetchAI, and Ocean Protocol have introduced a revised date for the ASI token merger. They moved the date from June 13 to July 15, 2024.
Once third-party integrations are finalized, the ASI token can be launched and the three tokens will stop to commerce independently and merge into ASI.
What is Fetch.ai (FET)?
Fetch.ai was based again in 2017, and launched by way of an IEO on Binance again in March 2019.
This is an AI lab that’s constructing an open, permissionless, decentralized machine studying community with a crypto financial system.
According to their official notes, Fetch.ai democratizes entry to AI tech with a permissionless community that anybody can join and entry safe datasets through the use of autonomous AI to execute duties that leverage the worldwide community of knowledge.
They additionally observe that the Fetch.AI mannequin is rooted in use instances like optimizing DeFi buying and selling companies, transportation networks (parking, micromobility), sensible power grids, journey, and any advanced digital system that depends on large-scale datasets.
