Three cryptocurrency AI platforms SingularityNET (SNET), Fetch.ai and Ocean Protocol have combined tokens within the Artificial Superintelligence Alliance. This is reported in the SNET press release.
The creation of the largest decentralized open source network by combining tokens is an important step towards the creation of general artificial intelligence (AGI).
As part of the formation of the Alliance, the $FET, $OCEAN and $AGIX tokens will be combined into a single $ASI token, worth about $7.6 billion, which will operate within a unified decentralized AI network, providing a wide scale of operations.
The agreement was signed amid significant investments by major technology companies, including Alphabet Inc. and Microsoft Corp. artificial intelligence, which can potentially change the way people interact with technology.
Novice AI platforms, including SingularityNET, Fetch.ai and Ocean Protocol, in turn, are striving to develop a decentralized artificial intelligence technology on the blockchain, which will not be controlled by large companies that depend on the interests of shareholders.
The three platforms will continue to operate as separate organizations, but after the completion of the token merger, they will form the governing board of the Artificial Superintelligence Alliance to monitor and manage the operations of the combined token network.
SingularityNET is the world's first decentralized AI network founded to create a decentralized, democratic general artificial intelligence (AGI), which should be independent of any central structure, open to everyone and not limited by the narrow goals of one corporation or even one country. The SNET team includes experienced engineers, scientists, researchers, entrepreneurs and marketers. The main platform and AI teams are complemented by specialized teams working in finance, robotics, media, etc.
Fetch.ai - The Web3 AI platform for exploring the possibilities of an interconnected world using AI-agent-based technology. The company's core product, DeltaV, combines language models (LLM) and artificial intelligence agents to create an open and dynamic marketplace that connects users to services and rethinks the current search experience.
Ocean is a decentralized platform for data protection and the creation of equal conditions for the use of AI. Ocean's tools allow companies and individuals to seamlessly trade tokenized information assets for data management throughout the life cycle of an AI model. Ocean-based applications include enterprise-level data exchange, data science competitions, and data DAO.
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