Alliance for Synthetic Superintelligence proposes merger with CUDOS

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  • The Alliance for Synthetic Superintelligence has revealed a proposed merger with CUDOS.
  • The native token of CUDOS, an AI computing platform, can be transformed into FET if the proposal is accepted in a group vote.

The Alliance for Synthetic Superintelligence has introduced a proposal to combine the alliance with the Decentralized Bodily Infrastructure Community (DePIN) platform CUDOS.

SingularityNET, Fetch.ai and Ocean Protocol will merge into one organisation underneath the ASI Alliance, and this new growth will see CUDOS becoming a member of as a non-founding member.

ASI proposes merger with CUDOS

Australia Introduced The merger proposal was introduced on September eleventh, and the CUDOS staff additionally posted it on their X account.

Particulars of the proposal embrace the assertion that decentralized AI computing suppliers could be a helpful addition to the ASI Alliance.

Notably, CUDOS, which leverages blockchain to supply scalable, cost-effective and versatile cloud AI providers, stated it can help the Synthetic Superintelligence Alliance’s efforts to develop into a frontrunner in synthetic common intelligence (AGI).

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“This partnership is about extra than simply combining sources. It's about making a seamless ecosystem the place AI and blockchain applied sciences can thrive collectively, pushing the boundaries of what decentralized AI can obtain. By leveraging CUDOS' highly effective computing community throughout the ASI framework, we’ll lay the groundwork for breakthrough developments in AI, redefining the way forward for know-how and paving 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 scheduled for September nineteenth to September twenty fourth, 2024, CUDOS tokens can be transformed into Synthetic Superintelligence Alliance Tokens (FETs).

As per the announcement particulars, the CUDOS to FET conversion ratio can be 112.427:1. With a 5% merge payment utilized, it is going to be roughly 118.344:1.

The worth of the CUDOS token surged following the information, hitting a excessive of $0.01 earlier than paring positive factors. CUDOS every day buying and selling quantity elevated 113% to over $1.2 million on the time of writing.

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