- The Synthetic Superintelligence Alliance has revealed a proposal to merge with CUDOS.
- The native token of CUDOS, an AI computing platform, shall be transformed to FET if the proposal passes the group vote.
The Synthetic Superintelligence Alliance has introduced a proposal to merge the Alliance with the CUDOS Decentralized Bodily Infrastructure (DePIN) platform.
SingularityNET, Fetch.ai and Ocean Protocol have merged into one entity underneath the ASI alliance, and the brand new growth signifies that CUDOS will be part of as a non-founding member.
ASI suggests merging CUDOS
ABOUT he introduced merge proposal on 9/11, with the CUDOS crew additionally posting it on their X account.
📢 ATTENTION! BIG NEWS IS COMING 📢
CUDOS and the Synthetic Superintelligence Alliance (@ASI_Alliance) to suggest a game-changing strategic token merger to energy AI R&D 🔎
CUDOS, the chief in AI distributed computing, is poised for a groundbreaking token merger with… https://t.co/C2V0h28urD
— CUDOS (@CUDOS_) September 11, 2024
Particulars of the proposal embrace claims that the AI distributed computing supplier shall be a vital addition to the ASI Alliance.
In accordance with him, CUDOS, which makes use of blockchain and provides scalable, cost-effective and versatile AI cloud companies, will assist the Alliance for Synthetic Superintelligence grow to be a pacesetter in Synthetic Basic Intelligence (AGI).
“This partnership isn’t just about pooling our assets; it's about making a seamless ecosystem the place AI and blockchain can thrive collectively, pushing the boundaries of what decentralized AI can obtain. By leveraging the highly effective CUDOS computing community inside ASI, we’re setting the stage for disruptive advances in AI that may redefine the way forward for know-how and pave the best way for decentralized AGI and ASI,” stated Matt Hawkins, founding father of CUDOS.
CUDOS token migration
If each the CUDOS and ASI communities cross the proposal in a vote set for September 19 to September 24, 2024, then the CUDOS token shall be transformed to the Synthetic Superintelligence Alliance Token (FET).
As detailed within the announcement, the CUDOS to FET conversion ratio shall be 112.427:1. A 5% merge payment shall be charged to make the ratio roughly 118.344:1.
The worth of the CUDOS token surged after the information, reaching a excessive of $0.01 earlier than paring positive factors. CUDOS's every day commerce quantity has elevated by 113% to over $1.2 million on the time of writing.
