Jamie Crawley is a CoinDesk news reporter based in London.
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.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FET suffers 2% decline as whales deposit Fetch.AI tokens to exchangesFetch.AI (FET) token will be the reserve currency of the Superintelligence Alliance (ASI), a merge of three Artificial Intelligence (AI) projects: Fetch.AI, Ocean protocol and SingularityNET.
Read more »
Fetch.ai, SingularityNET and Ocean Protocol see nearly 2% gains in their prices, await ASI launch updateCrypto Artificial Intelligence (AI) tokens category has a market capitalization of $34.3 billion, down nearly 4% in the past 24 hours.
Read more »
SingularityNET price could bounce 30% if AGIX can hold this levelSingularityNET (AGIX) price shows signs of stabilizing around a key support level.
Read more »
Weaker ocean currents lead to decline in nutrients for North Atlantic ocean life during prehistoric climate changeResearchers at Georgia Institute of Technology have finished investigating how the prehistoric weakening of a major ocean current led to a decline in ocean nutrients and negative impacts on North Atlantic ocean life. The results support predictions about how our oceans might react to a changing climate—and what that means for ocean life.
Read more »
Optimism-based DeFi Protocol Loses $20 Million in Major AttackSonne Finance vows transparency and recovery efforts amid fallout
Read more »
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSyncMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »