- The Synthetic Superintelligence Alliance submits a proposal to merge with CUDOS.
- If the proposal is handed by neighborhood voting then the native token of CUDOS, an AI compute platform, might be transformed to FET.
The Synthetic Superintelligence Alliance has introduced a proposal searching for to merge the alliance with decentralized bodily infrastructure community (Deepin) platform CUDOS.
SingularityNET, fetch.aiand Ocean Protocol merged into one entity beneath the ASI alliance, and the brand new improvement signifies that cUDOS will be a part of as a non-founding member.
ASI proposes CUDOS merger
Archaeological Survey of India announced the The merger proposal was posted on September 11, whereas the CUDOS staff additionally posted it on their X account.
📢 Listen! Large information is coming 📢
CUDOS and the Synthetic Superintelligence Alliance (@ASI_Alliance) proposes a game-changing strategic token merger to spice up AI analysis and improvement 🔎
CUDOS, the chief in distributed AI computing, is ready for a historic token merger with… https://t.co/C2V0h28urD
— Kudos (@CUDOS_) September 11, 2024
The main points of the proposal additionally embody the declare that the distributed AI computing supplier could be a big addition to the ASI Alliance.
Particularly, it added that CUDOS, which makes use of blockchain to supply scalable, cost-efficient, and versatile cloud AI companies, will assist the Synthetic Superintelligence Alliance in its effort to turn out to be a frontrunner in synthetic common intelligence (AGI).
“This partnership isn’t nearly combining our assets; it’s about making a seamless ecosystem the place AI and blockchain expertise can thrive collectively, pushing the boundaries of decentralized AI. By leveraging CUDOS’ highly effective computing community throughout the ASI framework, we’re setting the stage for unprecedented developments in AI that can redefine the way forward for expertise and pave the way in which to decentralized AGI and ASI,” mentioned Matt Hawkins, founding father of CUDOS.
CUDOS Token Migration
If each the CUDOS and ASI communities cross the proposal within the voting scheduled from September 19 to September 24, 2024, the CUDOS token might be transformed into the token of the Synthetic Superintelligence Alliance (FET,
As per the main points given within the announcement, the CUDOS to FET conversion ratio might be 112.427:1. A 5% merge price might be utilized to deliver it to round 118.344:1.
The CUDOS token worth surged sharply following this information, hitting a excessive of $0.01, however then corrected decrease. CUDOS day by day buying and selling quantity has risen by 113% to over $1.2 million on the time of writing.
