AGIX, FET, and OCEAN Propose Merger with Kudos

IconCryptoNewsTerminal Staff11 Sep, 2024

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AGIX, FET, and OCEAN Propose Merger with Kudos

The ASI Alliance, a collaboration between Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), has suggested a community vote on merging with Cudos (CUDOS). The proposal, if approved, would incorporate the CUDOS token into the Alliance's integrated cryptocurrency system alongside FET. This move aims to strengthen the Alliance's position in the decentralized storage and infrastructure sectors. Cudos provides a decentralized computing network and storage solutions, complementing the existing services offered by the Alliance members. The community vote will determine the fate of the merger. If approved, it could create a formidable alliance in the decentralized technology landscape. The combined expertise and resources of the merged entities would position them as a major player in the industry.