SingularityDAO, SelfKey, and Cogito Finance have joined forces to create a new ecosystem optimized for AI tokenization.
Merger Approved by Community
Both SingularityDAO and SelfKey conducted a token holder vote, which showed overwhelming support for the merger. More than 15 million SDAO tokens voted with 95% support, and SelfKey's community approved the merger with a 99.9% positive vote.
Creation of Singularity Finance
SingularityDAO, SelfKey, and Cogito Finance plan to combine their technologies to create an L2 ecosystem optimized for AI tokenization. As part of the merger, a token swap will occur to form a single asset, SFI, which will serve as the network token.
Future at the Intersection of AI and DeFi
Dr. Ben Goertzel will oversee Singularity Finance operations along with representatives from Cogito Finance and SingularityDAO. The new platform will reduce entry barriers, offering access to AI-based assets.
The merging technologies of SingularityDAO, SelfKey, and Cogito Finance are poised to create a pioneering ecosystem aimed at accelerating the development of AI and DeFi sectors.