🤖🌐 Three leaders in web3 and artificial intelligence are teaming up to advance artificial super intelligence (ASI) by combining their cryptocurrencies into one. Fetch.AI, SingularityNET (SNET) and Ocean Protocol will merge their FET, AGIX and OCEAN tokens into ASI owned by the Superintelligence Collective, creating one of the largest players in AI research and development.

The three companies' joint efforts are aimed at promoting decentralized AGI and finding the next step in ASI. They plan to create an alternative to Big Tech's control over the development, use and monetization of AI.

The token merger proposal will be presented to each company's management team on March 27 for a 14-day review period. Once the proposals are approved, FET will become an ASI with a total supply of 2.63 billion tokens and a starting price of $2.82. AGIX and OCEAN will also switch to ASI at exchange rates of 0.433350 to 1 and 0.433226 to 1, respectively. As a result, ASI will be valued at $7.5 billion.