Why This AI Crypto Merger is a Smart Move
A good strategy coupled with perfect timing.
In March, Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) announced a new collaboration, the Artificial Superintelligence Alliance, and a token merger, which started earlier this month.
I have covered the first two protocols in previous pieces, with a dedicated article about SingularityNET (AGIX) that I will include towards the end of this.
Even though these consolidated assets still bear the FET ticker symbol, these will eventually convert to ASI following Fetch.AI’s mainnet upgrade.
I will refer to the new token as ASI throughout the rest of the piece to avoid confusion.
Playing the long game
To clarify, these will still operate as three standalone protocols but with a more unified focus and the benefit of having a mutual token.
It’s perfect timing for this major announcement as we’re gearing up for an expected post-halving bull run instead of making this change amid a bear market.
Furthermore, this is a wise move as it goes against the increasing number of competing projects and coins/tokens. This trend has led to much attention being directed away…
