SingularityNET Announces ASI Token Merger; OpenAI Expands Services to Education Sector
Summary:
SingularityNET (AGIX) has outlined the process for the token merger under the Artificial Superintelligence Alliance (ASI), uniting fetch.ai (FET), AGIX and Ocean Protocol (OCEAN) communities into one AI network. Beginning on June 11, FET, AGIX, and OCEAN tokens will be exchanged into ASI tokens at different conversion rates through a secure token migration contract. OpenAI has introduced ChatGPT Edu, an AI model for universities, promoting the safer integration of AI.
SingularityNET (AGIX) has officially released the schedule for the consolidation of tokens under the Artificial Superintelligence Alliance (ASI). This move draws together the communities of fetch.ai (FET), AGIX and Ocean Protocol (OCEAN) into one unified decentralized artificial intelligence (AI) network. The rebranding of the FET token to ASI commences on June 11 and finalizes by June 13.
Insights for token holders regarding the merger state that FET, AGIX, and OCEAN tokens will be exchanged into ASI tokens at distinct exchange rates. The ratios for FET, AGIX, and OCEAN tokens are 1:1, 1:0.433350, and 1:0.433226 respectively. Token holders can swap their FET for ASI via an ERC-20 token migration contract, effective from June 11, followed by AGIX and OCEAN on June 13.
For guidance, comprehensive instructions on ERC-20 token migration and further information on the exchange process for AGIX holders on Cardano will be made available shortly.
As per the merger guidelines, the conversion will occur on SingularityNET’s AI platform, utilizing an audited token migration contract, thus introducing a robust level of security to the process. With the merger, ASI aims to establish the largest open-source, decentralized network within the AI industry, catering to over 200,000 token holders. The result will be an immense and powerful decentralized AI system operating under the ASI token.
Simultaneously, to drive the safe incorporation of AI into ordinary life, OpenAI, the developer of ChatGPT, has initiated an expansion of its services into the educational sector. Named ChatGPT Edu, this AI language model is designed to serve universities and provides students, faculties, researchers, and campus operations with 'enterprise-level security and controls.' Notably, institutions such as Oxford, Wharton, the University of Texas at Austin, Arizona State University, and Columbia University are employing this educational tool and service.
Published At
6/3/2024 1:16:41 PM
Disclaimer: Algoine does not endorse any content or product on this page. Readers should conduct their own research before taking any actions related to the asset, company, or any information in this article and assume full responsibility for their decisions. This article should not be considered as investment advice. Our news is prepared with AI support.
Do you suspect this content may be misleading, incomplete, or inappropriate in any way, requiring modification or removal?
We appreciate your report.