All three communities have given the green light to the ASI token merger, with a significant majority backing the decision. A clear roadmap outlines the distribution of the token supply in the coming days. The merger brings together Fetch.ai, SingularityNFT, and Ocean Protocol under the umbrella of the Artificial Superintelligence Alliance (ASI). Upon approval, the native tokens of these projects will convert to ASI tokens at varying ratios.

The objective is to expedite AI development and challenge the dominance of major players in AI project utilization, development, and monetization. ASI operates based on research and development principles and champions decentralization. The token merger marks a significant milestone in the field, as FET, OCEAN, and AGIX combine forces to form ASI.

ASI is poised to attain a total value of $7.5 billion, placing it among the top 20 cryptocurrencies globally in terms of market capitalization. Despite the approval of the merger, individual tokens have yet to see significant appreciation since the announcement. For example, FET has dipped by 2.705% in the past 24 hours, AGIX has seen a decrease of almost 0.34%, and OCEAN has experienced a modest increase of 0.52%.

However, the Alliance remains optimistic about the merger, as indicated by statements from key representatives. Fetch.ai CEO Humayun Sheikh expressed excitement about the conclusion of the merger and emphasized the mission of creating decentralized AI infrastructure while ensuring trust and ethics within the community. SingularityNET CEO Ben Goertzel echoed this sentiment, emphasizing their collective mission to challenge Big Tech's control over AI. Ocean Protocol CEO Bruce Pon expressed enthusiasm about moving forward with the merger.

The merger follows the announcement of the launch of the ASI token by SingularNFT, Fetch.ai, and Ocean Protocol, aiming to protect partners from centralized monopolies in the AI sector. The Superintelligence Alliance will implement projects for practical and beneficial use by users and businesses.

The ASI token merger will proceed according to a predefined plan, with FET transitioning to ASI with a total supply of 2.63 billion. The conversion rate for AGIX/ASI will be 0.43 to 1, and Ocean token holders will receive ASI tokens based on a predetermined ratio. Further developments are expected in the coming weeks, with an official announcement likely from any partner in the alliance.