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- 🔥 Big Brain Breakdown: Artificial Superintelligence Alliance
🔥 Big Brain Breakdown: Artificial Superintelligence Alliance
Bullish or Bearish: Unpacking the three-way AI token merger
🌵 The Intersection of Crypto & AI 🌵
Big Brain Breakdown
Market Metrics
Total Crypto Market Cap: up 0.4% to $2.78T
Total AI Sector Market Cap: up 3.7% to $29.4B
Top Movers (24hrs):
📈 Commune AI (COMAI): up 22.5% to $1.87
📈 DeepFakeAI (FAKEAI): up 19.3% to $0.01711
📈 Carbon Browser (CSIX): up 19% to $0.09325
Big Brain Breakdown
We are back this Thursday with another Big Brain Breakdown, and we are excited to dig into the proposed three-way AI token merger between Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN).
These projects, ranked 4th, 5th & 8th largest AI tokens by market cap, make up almost 20% of the value of the entire AI sector. It’s safe to say this is a pretty big deal.
The merger, being dubbed the “Artificial Superintelligence Alliance” (sounds bullish, right?), is set to shake up the AI sector by rocketing up the list to be in the top 3 largest AI projects by market cap and fully diluted value (FDV). Depending on the exact token price at the time of the merge, it could also enter the top 20 of all cryptocurrencies, which would be significant in terms of visibility from investors.
The aim of the merger is to accelerate Artificial General Intelligence (AGI) and decrease Big Tech’s grip on AI development, use, and monetization. It will create one of the largest unified and vertically integrated AI projects, combining the brains of each project under one roof (and token).
Here’s what each project will contribute to the merge and what it means for FET, AGIX, and OCEAN token holders, other than “price go up” (more on that later).
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