Three long-standing AI projects—Fetch.ai, SingularityNET, and Ocean Protocol—announced on March 28 the creation of a Decentralized Artificial Intelligence Alliance. Their native tokens ($FET, $AGIX, and $OCEAN) will merge into a unified token: $ASI.
As established Binance-listed AI projects, these tokens are already key investment targets in the sector. The merger news triggered short-term price surges:
- SingularityNET ($AGIX) rose 12.56%
- Fetch.ai ($FET) gained 14.7% in 24 hours
- Ocean Protocol ($OCEAN) spiked 35% at peak
Token Conversion May Offer Arbitrage Opportunities
Investors are keenly watching the conversion mechanics:
- **$FET** converts 1:1 to $ASI
- $AGIX** and **$OCEAN convert at ~1:0.433 to $ASI
An additional 1.48 billion $ASI tokens will be minted:
- 867 million allocated to $AGIX holders
- 611 million to $OCEAN holders
Total $ASI supply will hit 2.63 billion tokens, with a projected FDV of $7.6 billion (based on March 26 prices).
Arbitrage potential exists due to price disparities:
👉 Calculate optimal conversion ratios by multiplying $FET’s price by 0.433—if $AGIX/$OCEAN trades below this value, buy; if above, sell.
CEX users need no action—exchanges will handle conversions automatically.
Post-Merger Expectations
The merged entity, Superintelligence Collective, will be led by SingularityNET founder Ben Goertzel. While the three projects retain independent operations, they’ll collaborate closely under the $ASI ecosystem.
Planned focus areas:
- AGI/ASI Development: Advancing artificial general intelligence (reflected in the token’s name).
Existing Strengths:
- Fetch.ai’s AI agent infrastructure (e.g., $100M "Fetch Compute" GPU network)
- Ocean Protocol’s decentralized data tools ($800M+ Predictoor sales in 6 months)
- SingularityNET’s AGI frameworks (OpenCog Hyperon)
Combined, their $7B+ market cap could position $ASI as a top-25 crypto asset—the largest in AI.
Historical Context & Challenges
Similar mergers (e.g., Yearn Finance’s 2020 DeFi empire) faced mixed outcomes. With AI narratives gaining traction in 2024, this alliance’s success hinges on execution against its ambitious AGI vision.
FAQ Section
Q: How does the $ASI conversion affect long-term holders?
A: It consolidates liquidity and resources, potentially boosting utility—but monitor adoption of new AGI-focused use cases.
Q: Which project brings the most tech to the merger?
A: Fetch.ai (infrastructure), Ocean (data), and SingularityNET (AGI research) each fill critical gaps.
Q: Are there risks to the token merge?
A: Yes—integration delays, community dissent, or failure to deliver shared roadmap could impact prices.
👉 Track $ASI’s real-time performance
Disclaimer: This content is for informational purposes only and does not constitute investment advice.