In an article socialized by Nickolas Plaza for the CryptoNews portal, he indicated that “In a scenario where artificial intelligence and cryptocurrencies are increasingly converging, the Artificial Superintelligence Alliance (FET) token surprises the market with an outstanding performance in the last seven days, achieving a 40% increase in its value”.
According to Plaza, “This token results from the merger of three digital assets: Fetch.ai (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN). The union, which took place on July 1, is aimed at leveraging resources and accelerating the development of AI solutions.”
On the other hand, “The companies responsible for Fetch.ai, SingularityNET and Ocean Protocol emphasize that this merger seeks to strengthen a decentralized AI platform. However, they stress that this agreement still depends on the approval of the members of each community.”
Now, “As for the future of this project, the second phase will focus on community onboarding and ASI token implementation, with a special priority for self-custody holders and the distribution of these tokens on multiple chains.”
Meanwhile, “on the cryptoasset trading front, the trader known as Crypto Rover notes that while there is currently little interest in AI-related cryptoassets, he has been actively buying FET”
SOURCES CONSULTED
CryptoNews. Artificial intelligence cryptocurrency FET soars. Link
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The cover image does not belong to the author: @lupafilotaxia, the image was taken from: CryptoNews