Artificial Superintelligence Alliance moves to add Cudos, community ready to vote

• The ASI Alliance proposed including Cudos as a fourth member, subject to community approval.
• The approval would mean that Cudos would be integrated through a merger with Fetch.ai, Singularity.Net and Ocean Protocol.
• The vote will take place on September 19.

The Artificial Superintelligence Alliance (ASI) revealed in a press release on Wednesday that it plans to include Cudos as the fourth member of its ecosystem.

ASI reveals plans to include Cudos as the group’s fourth member

The ASI alliance comprising Fetch.ai, Singularity.Net and Ocean Protocol has moved to include decentralized AI computing software company Cudos as a fourth member of the pact.

To integrate Cudos into the alliance, both communities – the Cudos community and the ASI community – will vote to approve the merger. Voting will start on September 19 and end on September 24.

If approved, integration of Cudos into ASI will begin. This will also include merging Cudos’ native token CUDOS with the token ASI FET at a conversion rate of 112.427 CUDOS to 1 FET. In addition, the tokens will be locked for a 3-month public rights period and a 10-month treasury period.

Fetch.ai, Singularity.Net and Ocean Protocol formed the Artificial Superintelligence Alliance earlier this year. The alliance aimed to accelerate innovation in artificial intelligence and blockchain technology.

The Cudos integration aims to increase computing power across the alliance by increasing efficiency and improving security.

“This partnership is not just about combining our resources; it’s about creating a seamless ecosystem where AI and blockchain technology can thrive together, pushing the boundaries of what decentralized AI can achieve,” said Matt Hawkins, founder of Cudos.

“By joining forces, we are taking a crucial step towards the Alliance’s mission to realize Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI), providing a viable alternative to centralized solutions and bringing us closer to realizing the full potential of a truly independent. and a profitable global ecosystem,” said Humayun Sheikh, CEO of Fetch.ai and Chairman of the Artificial Superintelligence Alliance.

With the addition of Cudos, ASI may look to combine forces with several AI projects in the crypto market to compete with the top players in the AI ​​industry.

Since the announcement of the partnership, Artificial Superintelligence Alliance (FET) and CUDOS are up over 2% and 4% respectively.