• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
ASI Alliance Plans to Include Cudos in the Consortium

ASI Alliance Plans to Include Cudos in the Consortium

user avatar

by Giorgi Kostiuk

a year ago

  1. Fourth Member Integration
  2. Centralized vs. Decentralized Computing
  3. Coinbase Opts Out of ASI Migration

    4. The ASI Alliance, formed by SingularityNET, Fetch.ai, and Ocean Protocol, has announced the potential inclusion of a new member, Cudos, a decentralized cloud computing provider.

    Fourth Member Integration

    According to the press release, the integration will be decided by a community vote scheduled for Sept. 19-24. If approved, the integration will feature a token merger between Cudos and FET.

    Centralized vs. Decentralized Computing

    Humayun Sheikh, chairman of the ASI Alliance and CEO of Fetch.ai, stated that decentralized computing is better than centralized computing. It offers greater scalability, resilience, and security.

    Coinbase Opts Out of ASI Migration

    Many cryptocurrency exchanges supported the automatic migration of Ocean Protocol tokens into FET, but Coinbase did not. On June 27, Coinbase stated that it would not facilitate the migration process.

    The integration of Cudos into the ASI Alliance promises to enhance decentralized cloud computing capabilities and accelerate the adoption of decentralized AI solutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Dominates Digital Asset Outflows Amid Negative Sentiment

chest

US dominates digital asset outflows with $16.5 billion in redemptions amid negative market sentiment.

user avatarKofi Adjeman

Institutional Caution Reflected in Digital Asset Flows

chest

The latest data highlights institutional caution, with iShares recording $1.19 billion in weekly outflows, while Grayscale and Fidelity saw $300 million and $197 million exit their products, respectively. In contrast, ProFunds Group saw $139 million in weekly inflows, indicating selective positioning toward defensive or volatility-linked products rather than directional exposure.

user avatarAyman Ben Youssef

Hype Products Show Limited Resilience Amid Market Weakness

chest

Hype investment products recorded $155 million in inflows, linked to heightened on-chain activity in tokenized precious metals.

user avatarTando Nkube

Analysts Predict Significant Price Increase for MUTM Token

chest

Analysts predict a significant price increase for the MUTM token as it approaches its mainnet launch, potentially reaching $0.25.

user avatarNguyen Van Long

Bearish Signals Emerge for World Liberty Financial

chest

Bearish signals emerge for World Liberty Financial, indicating a downtrend with significant selling pressure and weak demand.

user avatarSatoshi Nakamura

XRP Faces Significant Price Drop Amid Broader Crypto Market Decline

chest

XRP has experienced a drastic decline in value, dropping nearly 40% from its recent peak as the entire crypto market suffers losses.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.