HomeAIMerging Minds: Fetch.ai, SingularityNET, and Ocean Protocol Combine Forces for Superintelligence Alliance

Merging Minds: Fetch.ai, SingularityNET, and Ocean Protocol Combine Forces for Superintelligence Alliance

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  • The goal of the Superintelligence Alliance is to prevent centralized control of artificial superintelligence by combining Fetch.ai, SingularityNET, and Ocean Protocol.
  • Combining resources and knowledge to expedite development towards Artificial General Intelligence and beyond, the combined company introduces a single token, ASI.

Fetch.ai, SingularityNET, and Ocean Protocol came together to form the Superintelligence Alliance, which will soon be the biggest independent organization in the field of AI research and development.

An important step has been taken in the quest for Artificial General Intelligence (AGI) and, eventually, Artificial Superintelligence (ASI) with the formation of this strategic partnership, in line with what ETHNews previously disclosed.

A Decentralized Superintelligence: A Vision

In order to reach ASI—a stage of AI where systems can do tasks with significantly greater skill than humans and encompass all of human knowledge—the recently created Superintelligence Alliance seeks to hasten the development of AGI.

The alliance argues that massive technology like superintelligence shouldn’t be monopolized by a select few but should instead be accessible to everyone, highlighting the significance of decentralization in its governance and development.

SingularityNET, Ocean Protocol, and Fetch.ai are all committed to democratizing AI technology and making sure it stays impartial, open, and helpful to society. With years of accumulated expertise and a commitment to promoting creativity unhindered by centralized IT behemoths, they are titans in the decentralized AI field.

Token Merger and Strategic Integration

The three businesses’ separate cryptocurrencies will be combined into one token, the Artificial Superintelligence token (ASI), as part of the merger. With approximately 225,000 wallet owners of FET, OCEAN, and AGIX tokens, this unified token seeks to improve collaboration and expedite operations.

The alliance’s astounding $7.5 billion combined value at the time of agreement puts it among the leading competitors in the global market.

Source: Fetch.ai blog

Fundamental Skills and Joint Ventures

Every member of the Superintelligence Alliance contributes distinct advantages to the group:

  • Fetch.ai provides strong blockchain infrastructure together with sophisticated autonomous AI agents.
  • SingularityNET contributes a comprehensive history of AI research and development.
  • Ocean Protocol is an expert in monetization strategies and safe data sharing.

By utilizing their combined resources, the alliance will be able to push the limits of artificial intelligence (AI) by creating comprehensive solutions that cover the whole technology stack, from data management to predictive modeling.

Source: Fetch.ai blog

Future Plans and Governance

A council made up of notable individuals from the founding firms will be in charge of Superintelligence Alliance governance. In addition to Trent McConaghy and Bruce Pon from Ocean Protocol, Dr. Ben Goertzel of SingularityNET will serve as CEO and Chairman, respectively, alongside Humayun Sheikh of Fetch.ai.

The community’s support is a must for the merger’s success, and voting is scheduled to begin on April 2. In the event that the community votes in support, the planned integration of tokens and strategic objectives will take place.

With the goal of developing a decentralized, democratic, and broadly useful artificial intelligence, the Superintelligence Alliance was formed through more than just a corporate merger.

By encouraging an egalitarian and transparent approach to superintelligence, this partnership is a major step forward in the struggle against centralized control over AI technologies.

In order to ensure that the change improves their products without interfering with continuing operations, the alliance also intends to honor its commitments to ongoing projects and community activities. [st]

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Syofri is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: info@ethnews.com Phone: +49 160 92211628