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#When will be the long-waited altcoin season coming? Fetch.ai is exploring the possibility of consolidating tokens from SingularityNET and Ocean Protocol into an ASI token, which would boast a fully diluted value of around $7.5 billion.
According to reports from Bloomberg, three blockchain-based artificial intelligence firms are in discussions to merge their cryptocurrency tokens, aiming to facilitate the development of a decentralized artificial intelligence platform.
SingularityNET, Fetch.ai, and Ocean Protocol are in talks to merge their tokens into a single ASI token with a fully diluted value of about $7.5 billion, as per sources familiar with the discussions.
While the three platforms will maintain their separate identities, they plan to collaborate under the oversight of the Super Intelligence Collective, led by SingularityNET's founder and CEO, Ben Goertzel.
Following this news, the prices of FET, AGIX, and OCEAN tokens have started to climb.