• 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

Sei Achieves Record High Daily Active Users

chest

Sei has achieved a record high in daily active users (DAUs), showcasing strong user engagement driven by its fast and cost-effective features.

user avatarLeo van der Veen

Sei Maintains Strong Daily DEX Volume Amid Market Downturns

chest

Sei has maintained a strong daily DEX volume of $15 million, indicating robust user demand despite market downturns.

user avatarLi Weicheng

South Korea Reauthorizes Corporate ICOs Under New Disclosure Rules

chest

South Korea is set to reauthorize Initial Coin Offerings (ICOs) for corporations in March 2025, reversing a nearly decade-long ban and introducing new regulatory frameworks.

user avatarAisha Farooq

SpotDraft's Valuation Surges Following Qualcomm Investment

chest

SpotDraft's valuation has surged from $190 million to $380 million following an $8 million investment from Qualcomm Ventures.

user avatarTenzin Dorje

SpotDraft Secures $8M Investment from Qualcomm Ventures

chest

SpotDraft, a legal AI startup, has secured an $8 million investment from Qualcomm Ventures, doubling its valuation to $380 million.

user avatarBayarjavkhlan Ganbaatar

Aave Continues to Anchor DeFi Despite Market Uncertainty

chest

Aave continues to be a significant DeFi protocol despite current price action reflecting uncertainty.

user avatarMohamed Farouk

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.