$7.5B AI crypto token merger scheduled for community vote on April 2

“We are extremely excited to move forward as an Alliance and bring our combined knowledge and expertise to bear,” the projects said in a statement.

A token merger to the tune of $7.5 billion consisting of artificial intelligence (AI) protocols SingularityNet, Fetch.ai and Ocean Protocol is scheduled for a community vote of approval on April 2.

According to the March 27 announcement, there will be three separate community votes for each individual protocol, with completion of all voting scheduled for April 16. If the union is approved, SingularityNet’s AGIX token, Fetch.ai’s FET (FET) token and Ocean Protocol’s OCEAN token will be replaced with the new Artificial Superintelligence Alliance’s ASI token.

As of March 26, the merged token would have a fully diluted market capitalization of $7.6 billion across 2.631 billion tokens. The three tokens’ current combined market cap is around $5.3 billion. 

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