The three firms will merge their crypto tokens under the auspices of AI-focused Web3 platform Fetch.ai's FET, which will be renamed ASI.
AI has captured the attention of the technology world for the last year and a half, with concerns aired that tech giants like Microsoft, Alphabet and Meta will establish a hegemony over the sector., which will be renamed ASI. As of June 11, users will be able to swap FET for ASI, with the native tokens of SingularityNET
AI has captured the attention of the technology world for the last year and a half, with concerns aired that tech giants like Microsoft , Alphabet and Meta will establish a hegemony over the sector. That's partly what spurred the Web3 companies to try to build a decentralized AI infrastructure, where data is transparent and shared openly between contributors.
The three individual tokens are all up over 2% in the last 24 hours, according to CoinMarketCap data. The broader digital asset market, as measured by the CoinDesk 20 Index {{CD20}} has dropped around 0.55%.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
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