The merger of three leading artificial intelligence (AI) projects – Fetch.ai, SingularityNET and Ocean Protocol is about to launch on July 1. This makes investors extremely excited and looking forward to it.
The merger of these 3 tokens will create a single token – ASI (Artificial Superintelligence), causing a great buzz throughout the entire cryptocurrency market incorporating AI.
With the event date approaching, investors are still wondering whether this three-token merger will spark a broader bullish wave in other AI-related tokens such as WienerAI or not
ASI Token Merger Forms a Super Intelligence Alliance
The merger of ASI tokens is likened to three technological “superheroes” combining their powers, together confronting and conquering the AI-integrated cryptocurrency market.
And none other than Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) are combining forces to form one of the world’s first decentralized artificial intelligence networks.
Scheduled to begin on July 1, the merger will take place in two phases.
Phase 1 is the integration of AGIX and OCEAN tokens into FET on the Ethereum blockchain.
These tokens will then be converted into new ASI tokens in mid-July.
But what is the real purpose?
ASI will be a unified ecosystem worth around $7.5 billion, potentially making ASI one of the top 20 cryptocurrencies in the world.
For token holders, the conversion rate is as follows: 1 FET = 1 ASI, whereas AGIX and OCEAN are converted at a lower rate (1 OCEAN = 0.433226 ASI and 1 AGIX = 0.433350 ASI).
Most centralized exchanges (CEXs) will automatically handle token conversions. However, wallet users will have to convert their tokens manually.
ASI – The Master Key of the AI-Integrated Cryptocurrency World
More than just a regular cryptocurrency, ASI aims to become a universal key that opens the doors of the AI-integrated blockchain world.
This token will fuel a decentralized AI network, allowing users to use AI services and contribute without relying on large tech companies.
Think of it as a public library of AI tools, where anyone can borrow or contribute.
This exciting merger could change things in many ways.
First, it could become a top destination for businesses looking for artificial intelligence solutions without being tied to the enterprise ecosystem.
At the same time, ASI could also operate a marketplace where developers, researchers, and data providers work together and receive rewards commensurate with their efforts.
Governance is another important aspect – ASI holders will have power over the future of the project.
This thinking-of-others approach could lead to more ethical adoption of artificial intelligence.
However, any new project comes with challenges, big or small.
It is possible that strict regulatory scrutiny and implementation of technical commitments will become important barriers.
Only time will tell whether ASI will actually live up to the hype, but one thing is for sure, the crypto market is watching and excited about this project.
Can New Projects Like WienerAI Token Benefit From ASI?
The ASI merger could benefit new projects such as WienerAI (WAI).
With its AI trading bot and its humorous AI-related name, WienerAI has attracted most of the attention from investors.
Not only that, with the current attraction of AI-related tokens, this could be good news for WienerAI.
For example, as a series of news about the ASI merger spreads, cryptocurrency investors will begin to explore AI applications on its blockchain platform.
They may then stumble across the WienerAI token and its AI trading bot, with the ability to identify promising trading opportunities.
Investors can start trying out our bot WienerAIso more and more people are using it.
And if the trading bot really works, word about it will spread quickly.
This can lead to a positive feedback loop, as more users will create greater demand for WAI, thereby increasing the value of the token.
While this is just a hypothesis, it demonstrates how the ASI merger could have positive impacts for a new project like WienerAI.
It is therefore not surprising that WienerAI’s Telegram channel has doubled its followers in recent weeks.
Currently, WienerAI’s trading bot is in development, but interested investors can get their hands on WAI tokens early through the presale phase.
The token price is currently only traded at $0.000724 per token.
Along with attractive staking rewards for those who own WAI tokens, WienerAI is definitely a project to watch in the coming weeks.
Visit the WienerAI presale here
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