Blockchain AI platform ChainGPT is set to launch its AI-powered crypto adviser, Wisdomise AI, with an initial dex offering (IDO) on May 13. The tool uses advanced AI algorithms to help users navigate digital asset trades. Wisdomise AI is targeting a fully diluted valuation of $20 million. In related news, web3 base layer KIP Protocol is partnering with Aethir to accelerate AI development on both networks. Meanwhile, the crypto AI industry's three biggest players, SingularityNet, Fetch.ai, and Ocean Protocol, have approved a $7.5 billion token merger, creating the Artificial Superintelligence Alliance (ASI) project. However, the crypto AI frenzy has also attracted scammers, with blockchain security firm CertiK reporting a $1.27 million exploit of the Genius Crypto Token GNUS.ai.