Track market-moving stories before they get noisy

Analysts Warn OKX Might Face Challenges Listing Pi Network

Ethereum Pectra Upgrade Confirmed for April 2025 with Fusaka Next in Line

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bybit is now moving its options and future contracts to Tether (USDT) and will not issue new USDC contracts from February 26 in an effort to increase liquidity on the platform.

In times when the crypto landscape is gradually moving towards USDC, Bybit seems to be doing the opposite. This is because most of the traffic on Bybit comes from the Russian Federation.

USDT is still the most liquid stablecoin with a supply of $145.2B. USDC is second on the list with a supply of $54.9B.

It’s worth mentioning that Bybit posted good numbers ($22.2B in daily trading volume) on the back of the 2024 bull run. Unsurprisingly, $BTC and $ETH are the most active pairs of derivatives on the platform.

The current shift will affect SOLUSC and ETHUSDC futures. Bybit will ensure that the expiry of USDC and UDST contracts are on different dates so as not to fragment liquidity.

Bybit’s European Dream May Soon Become a Reality Despite being restricted in countries like Canada, France, China, the USA, and the UK due to regulatory reasons, Bybit has not given up hope on becoming a force to reckon with in Europe.

Recently, the exchange was removed from the French AMF blacklist after more than 2 years of working with the regulators. The platform is now working towards getting a MiCA license, as confirmed by CEO Ben Zhou himself.

As the crypto landscape becomes more inclusive with pro-crypto regulations, a large number of new investors will join in to benefit from the upcoming bull run.

If you’re looking for the best crypto to invest in, consider rallying behind the success of the most popular crypto wallet, Best Wallet, by purchasing Best Wallet Token ($BEST).

What Is the Best Wallet Token ($BEST)? $BEST is the in-house altcoin of the Best Wallet App, which is hands down the best crypto wallet available right now.

Best Wallet gives you access to more than 60 crypto chains, allowing you to manage your entire crypto portfolio from a single place.

The wallet is also non-custodial and decentralized and does not require you to complete any lengthy KYC process to get started. This makes it very beginner-friendly and easy to use.

Since its launch in November 2024, the wallet has amassed more than 500K total users, including 250K daily active users. That’s further proof of its utility and user-friendliness.

Check out our detailed Best Wallet review for more info.

Holding $BEST, though, will put the Best Wallet App on steroids, unlocking cool exclusive perks. For starters, you get access to the best crypto presales much before they go out on sale for the general public.

This allows you to identify potential 100x meme coins and altcoins before they skyrocket. Plus, as a $BEST token holder, you’ll be able to buy these cryptos directly on the Best Wallet App and at a lower fee than on any other crypto wallet.

More good news comes in the form of security. All the tokens will be vetted by the in-house $BEST team, meaning you won’t have to worry about falling prey to hoax or scam crypto projects.

Why Should You Invest in $BEST? To understand $BEST’s growth potential, it’s important to dig into the goals of Best Wallet.

Firstly, the non-custodial wallet market sits at a massive $11B, and Best Wallet aims to capture 40% of it all by the end of 2026. Secondly, the developers also have plans to launch a Best card and Best DEX (a native decentralized exchange). As the Best Wallet App gains more traction and becomes the go-to for crypto investors worldwide, it’ll be the $BEST token that will benefit big time.

Moreover, $BEST aims to build a strong community of crypto investors with rich learning resources. Token holders can complete daily or weekly quests to get free airdrops.

During the last 5 months, the community has seen a 7,000+ strong airdrop user base with over 75,000 quests. You can join its 48.8K-strong X community or stay updated through its Discord and Telegram channels.

Analysts expect a 13,000% surge in $BEST’s value by the end of 2025, which would drive up its price to $3.25. This bullish momentum is expected to continue in 2026, where $BEST can hit highs of $6.47.

The Best Wallet presale is currently live ($10M+ already raised), and you can get 1 $BEST for just $0.024 if you get in now.

The next price increase is set to take place in less than 12 hours, so this might be your last chance to buy $BEST for such a low price.

However, it’s best to do your own research before putting your hard-earned money in crypto, as the markets can be notoriously volatile.

Also, this article isn’t a substitute for financial advice, so consider consulting a professional before making any decisions.

Amidst the chaos and uncertainty of $LIBRA and the revelation of Kelsier’s serial scam launches, DefiTuna’s Moty Povolotsky reached out to Meteora’s Ben Chow to discuss the harmful allegations made against the protocol.

After blowing the whistle on a series of extractive memecoin launches orchestrated by Kelsier Ventures via Meteora’s M3M3 launchpad, Povolotsky has made this conversation public.

Chow Denies Involvement One of the conversation’s recurring themes surrounds how much, or how little, Meteora co-founder Ben Chow knew about Kelsier Ventures’ series of extractive launches. 

According to Povolotsky, Ben Chow frequently gave Kelsier Ventures’ Hayden David “a lot of the instructions” ahead of both M3M3 launches and higher profile launches, like $MELANIA.

“I believe, Ben, you knew this, because you actually gave a lot of the instructions. From Hayden's point of view, he many times would get on a call with you, or text you, and he'd say, ‘oh, Ben said this, Ben said that, Ben said it's launching this, Ben said he's gonna tweak.’ So this is a little bit foreign, like, this is a bit weird on my side, that you sound surprised.” - Moty Povolotsky, DefiTuna Co-Founder

Chow has confirmed on 𝕏 that he worked closely with his ‘friend’ Davis and Kelsier Ventures on the M3M3 launchpad. The platform’s first launch, $M3M3, was plagued by snipers and manipulation, leading to widespread controversy and claims of manipulation.

Despite these concerns, Chow asserted that he has continually referred memecoin project teams to Hayden Davis and Kelsier Ventures. These referrals ultimately resulted in hundreds of millions of dollars being extracted through $AIAI, $MATES, $ENRON, $MELANIA, and $LIBRA launches.

Responding to Povolotsky’s concern, Chow acknowledged that he “was involved in the $MELANIA one” but only on a technical level.

“Well, look, I don't know what happens underneath Hayden. I was involved in the Melania one. I'm not involved in everything, to all degrees, right, but Melania was… people tend to not know what they're doing, and then that one was so high profile and sort of rushed… I didn't want them to f*ck it up, you know, so I was trying to help them because there were issues on things… Actually, I wasn't aware of any of this stuff.” - Ben Chow, Meteora Co-Founder

While it has been made public that Chow was aware of token addresses, like $LIBRA and $MELANIA, pre-launch, the Meteora co-founder claims that no other Meteora or Jupiter team members were involved in any sniping. This claim is consistent with Jupiter’s statement yesterday, wherein the DeFi powerhouse assured users “We have conducted our own investigation and cannot find any evidence of sniping by team members.“

The conversation also includes allegations of market manipulation and mass token sniping among key players throughout the Solana ecosystem. According to Povolotsky, extended Kelsier Ventures team members like Gideon and Dr. Tom also sniped the launch with impunity. 

It is theorized that KOLs and influencers across Solana were also given token addresses pre-launch. Feigning sarcasm, influencers like Frank have potentially put themselves into a legal gray area. In a now-deleted X post, Frank remarked: “if you’ve been in crypto for more than 4 years and you’re not somewhat of an insider you need to rethink your strategy.”

“If there's a rug, this was a rug. Like 101,and everyone was in it from the insiders to what's-his-name DeGods, to Jakey. I'm sure everyone and their mother, everybody knew about it and everybody sniped it and some people were early, other people were late and a lot of people lost money and the worst thing of all is it's the President that gets a bad image.” - Moty Povolotsky, DefiTuna Co-Founder

Despite Chow’s shocked reaction to the allegations, the Meteora co-founder admits there were “red flags”. Chow was aware that snipers were targeting Meteora launches, but “always thought they were external snipers”, rather than his trusted friends at Kelsier Ventures.

Povolotsky claims that Davis made a threatening comment regarding Chow’s involvement, with the Kelsier Ventures CEO stating “if Ben ever turns against us we have enough to pin on him”.

Jupiter Cat Herder (Head of Communications) Kash Dhanda issued a statement in support of Chow. Dhanda asserts that Chow may have made a “strategic mistake”, but assures the Solana community that Chow is “not responsible for the insider trading or the failures of tokens launched on Meteora.”

Meanwhile, protocols from across the Solana ecosystem have come out to defend Ben Chow and the wider Meteora/Jupiter organization. Representatives from long-standing Solana projects like Save Finance, Helium, and Squads Labs have vouched for Jupiter and its associated apps.

Chow to Step Down Towards the end of the conversation, Chow acknowledges that he is in a precarious position. Whether guilty of the accusations made against him or not, Chow stated that he will step down from his current position.

“I f*cked up because I enabled a guy I should not have enabled. I'm gonna have to step down. I'm gonna have to quit”

While no communication has come from Ben Chow’s account, Jupiter and Meteora co-founder Meow has issued a statement on the matter.

Meow supports Chow and stands by his statement, assuring the Solana community that no one at either Jupiter or Meteora was involved in market manipulation, or received tokens related to the Kelsier launches.

However, Meow acknowledges that Chow made an unacceptable error judgment by continually referring project leads to Hayden Davis and the Kelsier team. Chow has chosen to officially step down from his position, and Meteora will begin its search for new leadership.

Read More on SolanaFloor: Meteora faces backlash over extractive M3M3 launches

Meteora Under Fire For Ties to Kelsier Pump-and-Dumps

Key NotesBen Chow, co-founder of Meteora, has resigned following backlash over the Libra meme coin controversy.Despite maintaining his innocence, Chow admitted to poor judgment in associating with key figures involved.Meow, co-founder of Meteora, assured the public that no financial misconduct occurred within the company.Meteora and Jupiter will enlist an independent third-party investigator to ensure transparency. Ben Chow, co-founder of Meteora, has stepped down from his position in response to mounting criticism over the Libra meme coin scandal. His resignation follows allegations of insider trading and liquidity pool involvement, which have cast a shadow over the project’s integrity.

While he maintains that neither he nor Meteora engaged in financial misconduct, the backlash ultimately led to his decision to exit the company.

Libra Meme Coin Controversy Unfolds Sharing the news of his departure on X (formerly Twitter), Meow, the pseudonymous founder of Solana-based decentralized exchange Jupiter, who also co-founded Meteora said that Chow’s poor judgment in handling key aspects of the controversy was the reason for his resignation.

Although, according to Meow, Chow has an untainted character, and he truly believed he did not engage in any “financial inappropriateness” when dealing with third-party partners, referring to the Libra meme coin.

“While I am 100% confident about Ben’s character, as a project lead he has also shown a lack of judgement and care about some of the core aspects of the project (given its current size and reputation) over the past couple of months,” Meow wrote.

The Libra meme coin gained widespread attention after Argentina’s President Javier Milei unexpectedly endorsed it last Friday as part of an economic initiative. The token’s value surged following his remarks, only to crash shortly after Milei withdrew his support, leading to accusations of market manipulation.

The situation escalated when Hayden Davis, CEO of Kelsier Ventures, claimed in an interview that the Libra development team engaged in pre-launch insider trading, commonly referred to as sniping. Given that Meteora provided liquidity pools for the project, Chow and his company became embroiled in the controversy.

Denying any direct involvement, Chow stated that neither he nor Meteora received Libra tokens or participated in any insider activities. However, he admitted to introducing Davis and Kelsier Ventures to other projects, believing them to be credible.

There have been questions regarding Meteora and my involvement in $LIBRA, so I want to explain our role and share why we work with 3rd parties.

Meteora and I personally, have never received or managed any tokens on the side, do not receive knowledge or get involved with any…

— benchow.sol (@hellochow) February 17, 2025

Fallout and Industry Reaction The controversy took another turn when a video surfaced showing Dhirk, founder of DeFiTuna, confronting Chow about Kelsier Ventures’ alleged misconduct. Chow appeared stunned by the revelations, insisting he had no prior knowledge of any wrongdoing. He expressed deep regret over his association with Davis and his role in introducing him to other projects.

“I feel responsible for enabling someone who should not have been trusted. This is a serious misjudgment on my part, and I believe stepping down is the right course of action,” Chow said in the footage.

Despite the resignation, Meow reaffirmed that neither Meteora nor Jupiter were involved in any unethical practices. To address community concerns, the team announced plans to enlist an independent third-party investigator to thoroughly review the situation and provide transparency.

Meow described the ongoing controversy in the industry as a “watershed moment” for the crypto economy, adding that he plans to create products with no central authority.

“One of my main goals will be to create permissionless products, operating systems, and ethical standards that I believe can form the new foundation of crypto moving forward,” Meow wrote.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Altcoin News, Cryptocurrency News, News

Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.

Chimamanda U. Martha on X

SingularityNET and Mind Network bring encryption to AI agents

Chow’s departure follows the spectacular rise and fall of the LIBRA token that caused millions in investor losses.

Meteora, a Solana-based decentralized finance (DeFi) project, is facing insider trading allegations following the dramatic rise and collapse of the LIBRA token, culminating in CEO Ben Chow's resignation.

Chow stepped down earlier this week, according to Meow, the pseudonymous founder of decentralized exchange (DEX) Jupiter and a co-founder of Meteora.

Meteora, known for its lending protocol aggregation and automated market maker (AMM), saw its Total Value Locked (TVL) drop to approximately $1.02 billion on Tuesday, down from $1.52 billion in January, according to DeFiLlama.

Meanwhile, Jupiter’s token, JUP, also dropped amid a widespread selloff of Solana ecosystem tokens, falling 15% in the past 24 hours to $0.68 and a market capitalization of $1.7 billion, according to CoinGecko data.

The controversy stems from the Libra team’s dealings with Meteora to launch the token, sparking concerns over Chow’s alleged ties to the project.

LIBRA, which was promoted by Argentine President Javier Milei, skyrocketed to a valuation of over $4 billion before collapsing just as quickly. Early buyers cashed out millions, while the majority of traders suffered heavy losses.

The sudden crash fueled speculation about a potential "rug pull" and Meteora’s possible involvement. It has also led to a federal investigation in Argentina.

Chow Denies WrongdoingIn a lengthy statement shared on X on Feb. 16, Chow asserted neither he nor Meteora “received or managed any tokens on the side.” He emphasized that Meteora operates with strict confidentiality and does not engage in off-chain dealings related to token launches.

Chow explained that Meteora’s AMM and Dynamic Liquidity Market Maker (DLMM) are complex, permissionless systems with numerous configuration options for projects launching on the platform. “There are various ways to lock liquidity, assign custody, design liquidity curves, and different ways to combat snipers, including using our Alpha Vault,” he said.

One of the biggest concerns surrounding the Libra situation is sniping – where project insiders purchase large amounts of newly-launched tokens intending to dump them on unsuspecting retail traders.

Many traders speculated on social media that sniping contributed to the rapid rise and fall of the Libra token. Moreover, intelligence platform Arkham linked a wallet that bought $5 million of LIBRA extremely early to the entity that sniped $1 million of the Trump token in the first block of its launch.

Chow noted that he often provides technical support to teams to ensure proper setup, as misconfigurations can severely impact a launch. “Mistakes can seriously impact a launch, and it’s important to Meteora to help teams by configuring the product correctly,” he added.

He acknowledged that Meteora’s DLMM presents challenges for both the team and the projects utilizing it. “One mistake was not prioritizing a launch product so that teams would not need to rely on hand-holding to be successful,” he admitted.

‘Lack of Judgment’In his post, Meow denied any wrongdoing by Meteora and affirmed that neither the project nor Chow engaged in insider trading or financial misconduct related to LIBRA. He also announced that Fenwick & West, a globally recognized law firm, has been hired to conduct an independent investigation.

“I stand by Ben and his statement. I believe him when he says there was no financial inappropriateness in dealing with partners,” Meow writes. “While I am 100% confident about Ben’s character, as a project lead, he has also shown a lack of judgment and care about some of the core aspects of the project…and this is unfortunately unacceptable.”

Chow’s resignation marks a turning point for Meteora as the platform seeks new leadership amid the fallout. Meow urged the community to be fair to Chow and allow him a chance to clear his name while acknowledging his past contributions.

Libra ControversyThe LIBRA token recorded an explosive rise after Argentine President Javier Milei endorsed it in a Valentine’s Day tweet to his 3.8 million followers. He described it as a “private project” aimed at boosting the Argentine economy.

He shared a link to its website, a token cash tag, and a Solana contract address, pushing the token’s valuation to as high as $4.5 billion within just 30 minutes. But the hype collapsed just as quickly when Milei decided to distance himself from the project a few hours later.

The Argentine president tweeted that he had “obviously no connection” to LIBRA and was unaware of its details when he initially shared it. He ended his post with a jab at the “political caste,” accusing them of trying to exploit the situation for their own gain.

According to BlockWorks data scientist Fernando Molina, nearly 74% of the roughly 44,000 wallets that bought LIBRA on launch day lost money, with losses ranging from $1 to $100,000. Meanwhile, 21% made modest gains of up to $1,000.

The Defiant has reached out to Jupiter founder Meow for comment but has not received a response at the time of publishing.

Meteora Exec Resigns Amid Financial Misconduct Claims

LIBRA, Solana drama: Meteora co-founder resigns, Jupiter begins probe

DePIN Day Bangkok: Powered by Fluence, the Premier Curated DePIN Event  Connecting Global DePIN Founders & Builders

The name Artificial Superintelligence Alliance sounds admittedly like a group of comic-book polymaths attempting to solve world problems. While this isn’t quite the case, ASI is nonetheless altruistic in its goals. Artificial Superintelligence Alliance (FET) is a group of crypto projects that have joined forces to advance and democratize AI. Here is what you need to know in 2026.

KEY TAKEAWAYS
➤ The Artificial Superintelligence Alliance (ASI) is a collaborative effort formed by merging three major blockchain and AI-based projects.
➤ ASI aims to democratize AI technology, offering an alternative to AI development dominated by large tech companies.
➤ The alliance has expanded to include CUDOS for decentralized cloud computing.
➤ ASI has introduced a new unified token, merging existing tokens from member projects to simplify governance with the alliance.

In This Guide:

What is the Artificial Superintelligence Alliance (ASI)?ASI origins and formationHow does Artificial Superintelligence Alliance crypto work?Artificial Superintelligence Alliance (FET) tokenASI embodies a collaborative philosophyFrequently asked questionsWhat is the Artificial Superintelligence Alliance (ASI)?The Artificial Superintelligence Alliance (ASI) is a collaboration formed by the merging of three blockchain and AI-based projects: Fetch.ai, SingularityNET, and Ocean Protocol. This union, which took place in 2024, is an effort to advance decentralized AI development.

Challenging the Titans: ASI's Potential to Agitate Centralized Tech Giants

The ASI merge is more than a technological feat; it's a statement. It embodies the potential of decentralized networks to compete with and surpass the capabilities of established tech giants, offering a… pic.twitter.com/KKY6QJ89KU

— Artificial Superintelligence Alliance (@ASI_Alliance) July 15, 2024 ASI origins and formationThe ASI alliance came to fruition from a desire to push the boundaries of AI and blockchain technology. The aim is to create a platform that can accelerate the development of superintelligent systems.

By combining their platforms in autonomous agents, AI marketplaces, and secure data sharing, the alliance hopes to lead in the development and deployment of the next-generation AI solutions. With the addition of CUDOS in October 2024, the alliance has expanded to a decentralized cloud computing platform focused on scalable cloud services.

CUDOS Joins the Artificial Superintelligence Alliance@CUDOS_ joins the Alliance, marking a significant step in developing decentralized AI infrastructure

As the Alliance grows stronger, paving the way for advancements toward AGI/ASI — Who would you like to see join next..? pic.twitter.com/aOKWe2ckvC

— Artificial Superintelligence Alliance (@ASI_Alliance) September 25, 2024 Did you know? In November 2024, there was a proposal for Paal.AI to join the ASI Alliance. The integration plan aimed to merge 90% of the Paal token supply into the ASI ecosystem. However, on Nov. 13, 2024, Paal AI withdrew its merger proposal with the ASI Alliance following community feedback.

Key objectivesThe ASI will attempt to address a number of key problems and objectives. These include:

Decentralization of AI: The ASI Alliance aims to create a decentralized AI ecosystem — an alternative to AI development dominated by big tech companies. This objective attemps to distribute power and control over AI technologies.
Advancing AGI and ASI: The alliance focuses on accelerating the development of artificial general intelligence (AGI) and artificial superintelligence (ASI).
Ethical and responsible AI: The ASI Alliance aims to create AI systems that are powerful but also ethical and responsible.
Open-source development: Unlike most AI models, barring DeepSeek, the ASI Alliance will promote transparency and collaboration in AI advancement. Structure and governanceThe ASI Alliance operates with a unique governance structure resembling a joint venture:

The alliance will operate as its own distinct entity, incorporated in Singapore with its own website, marketing team, and key objectives.
Each member organization (Fetch.ai, SingularityNET, and Ocean Protocol) maintains its independence, with unchanged leadership, teams, and token treasuries (except for the tokens exchanged for ASI).
The alliance is guided by a governing council, initially proposed to consist of Humayun Sheikh (Fetch.ai founder) as chairman, Dr. Ben Goertzel (SingularityNET founder) as CEO, and Trent McConaghy and Bruce Pon (Ocean Protocol co-founders) as members.
A new token, ASI, was created to merge the utility tokens of the member projects. A joint venture in business is a partnership between two or more companies where they combine their resources, expertise, and efforts to achieve a specific business goal, usually for a limited time, by sharing the risks and rewards of a project.

How does Artificial Superintelligence Alliance crypto work?The Artificial Superintelligence Alliance functions as a group, although each project has its own autonomy and ecosystem. Here is how each project works and how it adds to the initiative to progress decentralized AI.

Fetch.ai (FET)Fetch.AI is a project that combines blockchain, machine learning, and multi-agent systems to create a decentralized digital economy. It allows users to deploy autonomous AI agents that can perform economic tasks on behalf of individuals, businesses, and organizations.

Founded in 2017, the Cambridge-based artificial intelligence lab Fetch.ai made its debut on Binance through IEO in March 2019. In January 2020, the Fetch.AI mainnet went online.

How does it work?Fetch.AI uses a consensus mechanism based on directed acyclic graph (DAG) technology and a version of proof-of-stake (PoS) based on Cosmos’ Tendermint. The Fetch.ai network develops tools and infrastructure for smart AI using three primary components: Autonomous Economic Agents, the Open Economic Framework, and the Fetch Smart Ledger.

ComponentPurposeAutonomous Economic AgentsSoftware programs that can act independently and make decisions on behalf of individuals, businesses, or even devices with limited input. Agents can come together to establish multi-agent workflows.Open Economic FrameworkA dynamic environment within the Fetch.ai network that enables agents to interact and conduct economic transactions. It is built on the Fetch Smart Ledger.Fetch Smart LedgerThe Fetch Smart Ledger is a distributed ledger that serves as the foundation of the Fetch.ai platform.FET The total supply of FET before the merge is 1,152,997,575 FET. The distribution is:

Foundation: 20% Founders: 20% Token sale: 17.6% Future releases: 17.4% Mining: 15% Advisors: 10% Ocean Protocol (OCEAN)Ocean Protocol is an open-source platform designed to monetize the exchange of data and data-related services — essentially a data marketplace. Ocean Protocol uses blockchain technology to ensure transparent data sharing, especially for AI applications.

How does it work?Ocean Protocol marketplace: oceanprotocol.comOcean Protocol uses “data tokens” to regulate access to datasets, which allows data owners to monetize their information while maintaining control. These data tokens are ERC-20 standard tokens that gatekeep the right to access data or data services.

Providers publish, deploy, and mint data tokens and create data services. Consumers, on the other hand, acquire and spend data tokens to access those services. The consumer sends data tokens to a data provider to access a dataset — which remains off-chain.

Providers deploy data tokens on the Ocean Market, where they can specify a fixed price or use the AMM for automated price discovery. Balancer supports the AMM pools, which include both the data token and OCEAN as a trading pair.

OCEAN holders can stake their OCEAN tokens in a liquidity pool and earn fees. Because they are ERC-20 tokens, data users can store them in crypto wallets, trade them on crypto exchanges, transfer them to a decentralized autonomous organization (DAO), and perform other DeFi operations.

OCEAN The total supply of the OCEAN token before the merge with ASI is 1,410,000,000 OCEAN. The distribution is:

Foundation: 20% Founders: 20% Token Sale: 17.6% Future releases: 17.4% Mining rewards: 15% Advisors: 10% SingularityNet (AGIX)SingularityNET is a decentralized marketplace that democratizes access to AI. It allows developers to publish and monetize their AI services, which can be used by anyone on the network. Dr. Ben Goertzel, a prominent AI industry figure, leads the project.

SingularityNET supports various AI domains, including image processing, speech recognition, and natural language processing (NLP).

How does it work?SingularityNET creates a platform for developers to create, publish, and manage AI services that may be incorporated into a variety of applications. Developers can sell their AI models using the AI Publisher.

The linchpin of SingularityNET’s AI marketplace is AGIX, the platform’s native utility token. It serves several purposes:

Payment for AI Services Governance Staking and liquidity Token bridge AI Publisher The AGIX token is used to pay for marketplace-based transactions, providing access to AI services and future autonomous AI interactions. The SingularityNET Bridge allows users to transfer AGIX tokens to supported blockchains.

To guarantee community participation in the platform’s evolution, AGIX holders take part in governance decision-making within the SingularityNET organization. Users can also contribute to the stability and security of the network by staking AGIX tokens to earn incentives and supply liquidity to the platform.

AGIXThe total supply of AGIX tokens before the merge with ASI is 2,000,000,000 AGIX tokens. The distribution is:

Token sale: 50% Incentivizes for early users, developers, and partners: 20% Core team members and early contributors: 18% SingularityNET Foundation: 8% Bounty programs: 4% Cudos (CUDOS)Cudos is a blockchain network that bridges cloud and blockchain technology to provide decentralized cloud computing resources. It is a layer-1 blockchain that uses a delegated proof-of-stake (DPoS) mechanism. The project aims to make computing more sustainable and cost-effective by utilizing spare computational resources.

How does it work?Cudos network: cudos.orgCudos brings its global network of distributed computing to the alliance, providing access to its network of GPUs. This significantly enhances the Alliance’s capacity to scale AI innovations. Cudos’ cloud infrastructure enables access to premium AI hardware at allegedly 50% of the cost of centralized providers like Amazon AWS.

The integration of Cudos into ASI is expected to accelerate progress towards decentralized AGI and ASI while ensuring these technologies are governed by a global community rather than centralized entities.

CUDOSThe total supply of CUDOS before the merge with ASI is 10,000,000,000 CUDOS. The distribution is:

Ecosystem and community development: 34% Reserve: 33.78% Team (2-year vesting): 20% Artificial Superintelligence Alliance (FET) tokenArtificial Superintelligence Alliance (FET) price: coingecko.comThe FET, AGIX, and OCEAN tokens will merge to form the ASI token; however, FET will serve as the foundation of ASI. There will be a total of 2.63 billion ASI tokens. 1.48 billion tokens will be generated to achieve this supply, with 867 million handed to AGIX holders and 611 million to OCEAN token holders.

The exchange rate between FET and ASI is 1 to 1. Therefore, if the user has 500 FET, they can convert them into 500 ASI (i.e. FET) tokens. The CUDOS token will be merged into the Alliance’s unified token (FET) at a conversion rate of 112.427 CUDOS to 1 FET.

Ocean Protocol (OCEAN) token holders will receive 0.433226 ASI tokens for each OCEAN token, while SingularityNET (AGIX) token holders will receive 0.433350 ASI tokens each AGIX token.

If your coins are listed on a centralized exchange, you do not have to do anything. ASI will arrange conversions with each exchange, and your holdings will automatically convert into ASI tokens.

The ticker will be withdrawn once an exchange has converted all of its previous tokens.

If someone inadvertently sends the old tokens to an exchange following the conversion event, there is no assurance that they will be available or converted to ASI.

A token migration option is available if your tokens are offline or in a hardware wallet. The token bridge can be used to convert tokens.

If you’re interested in investing in the Artificial Superintelligence Alliance, check our step-by-step guide detailing how to buy FET in 2026.

ASI embodies a collaborative philosophyThe Artificial Superintelligence Alliance represents a unique venture within crypto and AI. Unlike typical projects in these fields, which often view each other as competition, ASI embodies a different philosophy.

There is a saying, “When two bulls fight, the grass suffers,” ASI stands in stark contrast, advocating for collaboration over competition. This approach hopes to pave the way toward a better decentralized future, leveraging the open-source nature of crypto and the transformative potential of AI collaboration.

Disclaimer: This guide is for informational purposes only and should not be considered financial advice. Always do your own research (DYOR). Investing in any token, including AI-powered assets, carries risk, and profits are never guaranteed.

Frequently asked questions The Artificial Superintelligence Alliance is a group of primarily three blockchain-based AI projects, Fetch.AI, SingularityNet, and Ocean Protocol. Cudos was included later as a decentralized physical infrastructure network for compute. The alliance is an attempt to progress and democratize artificial generalized intelligence and artificial super intelligence.

The Artificial Superintelligence Alliance (FET) crypto token merges the SingularityNet (AGIX), Fetch.AI (FET), Ocean Protocol (OCEAN), and Cudos (CUDOS) tokens. Holders of the member tokens can convert their crypto into the new Artificial Superintelligence Alliance (FET) token. Eventually, the FET ticker will be replaced by ASI after all conversions are final.

The ASI alliance has several goals. It aims to democratize AI, create artificial super (ASI) and generalized (AGI) intelligence, and to create ethical and responsible AI. All of the goals of the alliance are an attempt to create the next-generation of AI.