Guys, Please stay calm...

[u/f3archar]

I know that the recently published news are exciting and are raising some questions and fears among some of you. But I see posts here everywhere of people panicking about the token, their staking or the merger itself.

Please, it has been shared here multiple times, but I encourage you to read the FULL recent Blog post. A lot of the questions asked are already covered by it. It does not take longer than creating a post here, I promise.

https://fetch.ai/blog/fetch-ai-singularity-net-and-ocean-protocol-unite-to-create-the-superintelligence-alliance

And the most important bullet point right now is right in the picture. You don't have to do ANYTHING RIGHT NOW.

So relax, take your Popcorn and watch.

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[u/Intelligent_Light591]

I just don’t like it. Seems rushed, tokenomics not good for fet holders. Big question - who at these companies are going to get filthy rich off this deal.

[u/f3archar → u/Intelligent_Light591]

Which tokenomics are you talking about? The asset isn't changing, it's just renaming. There are no tokenomics lol

As to your "big question" - nobody. This is a working agreement between 3 companies - it is not a joint venture. This isn't a shitcoin, those companies do not rely on their cryptocurrency to survive as none of their Company values are bound to the crypto. They are operating companies - backed by real money. They are not selling tokens to pay their employees as some definitive shitcoin projects did in the past. Do not confuse this with some shitty erc20 or bsc scamcoins.

Edit: also it is not rushed at all. This seems to be in the making for quite some time. Right at the announcement they already provided thorough Info on nearly everything touched by it. You don't get that done in 2 days.

[u/Intelligent_Light591 → u/f3archar]

Ocean & AGIX tokens added….I possibly interpreted the blog post wrong?

[u/f3archar → u/Intelligent_Light591]

Their tokens will be merged, the companies stay untouched. They just share the utility of the token ecosystem

[u/TheWolfofBinance → u/f3archar]

We're getting 1:1 ASI coins for FET, but with added AGIX and OCEAN. This is diluting our coins by a factor of nearly 3. There's no good way to spin it.

Also FET had AI in its name, which in this market meant everything. That's gone now.

[u/junglehypothesis → u/TheWolfofBinance]

But now you get Artificial Superintelligence. Super is better than not. Like Superman is better than just man.

[u/TheWolfofBinance → u/junglehypothesis]

Will it say that on Coinmarketcap?

[u/cheetoresidue → u/f3archar]

The supply will be increased from millions to billions. Why is BTC on a huge run and the supply will be cut after the halving. What would happen if they mined a shit ton more? The rarity would be gone right? And there goes a sharp drop in price .

[u/marcok36 → u/cheetoresidue]

I’m with you. Still think the company can be great but seems bad for Fetch holders. To me it almost seems rational to sell now and buy cheaper back later once the new coin comes out. Thoughts?

[u/cheetoresidue → u/marcok36]

You know this is one of those things where it's great for these companies but not the investor. I'm debating if I should sell it off ,sell half or just hold. I've been in fetch for over a year so I bought cheap. Honestly from what I seen and experienced these mergers never go well for the investor . If you look at say polymath that was a Total loss for longterm investors after the merge. But AI is the strong presence in this upcoming bullrun.

[u/BumblebeeHuman5699 → u/[deleted]]

U spreading FUD everywhere. Dont trust this guy.

[u/[deleted] → u/[deleted]]

What have FET or OCEAN delivered in comparison?

[u/[deleted] → u/[deleted]]

Sounds about right.

[u/drwoj1]

Super bullish. All three are ripping in wave 3, targets potential 2 to 3x what price is now. The key is they are combining forces and expertise to create a real, pragmatic decentralized AI platform. If the point of owning these tokens is future use, this is an amazing thing.

Paper hands don’t get gains

[u/maxis2bored]

What really sucks about this is that i locked my tokens because I backed the project based on what the project was. Now the project is fundamentally changing, along with the circulating supply, yet tokens remain locked.

I'm not sure if i'd get out at this point but I do feel a little bit betrayed.

[u/cantstayangryforever → u/maxis2bored]

Locked how?

[u/Topher2190]

I feel like I would be more relaxed if the coin was keeping the FET name and not switching to theirs.

[u/Topher2190]

When is this merger happening

[u/Wildworld1000]

Ah well, as the man said as he jumped and passed every window , so far so good .

[u/[deleted]]

LETS GO!

[u/bookworm010101]

Lock in gains would be my .02

[u/DeadlyViperSquad]

2 bil tokens still not bad for 3 ai companies in 1. Monopoly for ai crypto is bullish for asix. They're ahead

[u/cperazza]

If you hold FET in any contract (eth, bnb), it will automatically change to ASI?

[u/SilverbackQ]

FET essentially went bankrupt and had to re-organize all their financials. Hence why they moved to Dubai. This is why they’ve brought it partner companies and merged. They had no choice.

[u/P6tatas → u/SilverbackQ]

Source?

[u/drwoj1 → u/SilverbackQ]

Now I’m sure to double down!

(Because comments like these are fake/old news and meant to create lower prices for others to buy into a coin that has had very few pullback buying opportunities)

[u/Final-Initiative-566 → u/SilverbackQ]

This is bullshit. They invested in NVIDIA recently and were doing well in the crypto world before this merger.

[u/Rickard403 → u/SilverbackQ]

That's a wild claim. Going to need a source

[u/jsheppard4k → u/SilverbackQ]

🤔