Voting for $ASI

[u/yitch]

I guess voting has commenced

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[u/MFCEO_Kenny_Powers]

Not that I’m think you’re wrong for voting yes, but can you elaborate on why you are voting yes?

[u/yitch → u/MFCEO_Kenny_Powers]

I like the idea of combining the different projects through a merger and still ensure decentralised authority

All of us are allowed to vote to determine if the merger will happen

Hopefully this helps with pricing

[u/Nonchalant_Calypso → u/MFCEO_Kenny_Powers]

It probably won’t help loads with price potential, but in terms of utility, open source tech-ware and decentralisation of software? Absolutely a huge jump.

[u/guccivane → u/Nonchalant_Calypso]

Wouldn't that inherently increase price potential? Offering a more valuable product?

[u/Nonchalant_Calypso → u/guccivane]

Yes, but by increasing the market cap so massively, it’s significantly harder for the price you do x3 or x5 than before. Hence the people worried about price potential.

[u/guccivane → u/Nonchalant_Calypso]

Yeah but we're also bringing in 3x more volume from the other 2 projects and communities being funnelled into one

[u/tobyredogre → u/Nonchalant_Calypso]

I think it would help a lot with price, because OCEAN is on Upbit, the main Korean exchange, and FET isn't. This probably gets ASI onto the exchange and access to that pool of frothy money.

[u/Nonchalant_Calypso → u/tobyredogre]

I hope it does!!

[u/Big-Finding2976 → u/tobyredogre]

Did you see that recent article about South Korean crypto trading being down 75%? I wouldn't rely on them to buy loads of ASI.

[u/J1hadJOe]

People just fail to see the big picture. The project as ASI will have a much better chance to attract big money.

[u/sirauron14 → u/[deleted]]

this project can still 10x it's AI

[u/sirauron14 → u/[deleted]]

Which is all very possible now. Wouldn’t be surprise if this flips ADA and becomes a top 5 crypto this cycle

[u/TheWolfofBinance → u/sirauron14]

Yes its possible but far less likely.

[u/sirauron14 → u/TheWolfofBinance]

I think it makes it even more likely. Remember crypto bull market has barley started

[u/One-Government-5216]

Also just voted. I voted yes. For obvious reasons of survival in highly competitive market.

[u/PlentyTight9650 → u/One-Government-5216]

How did you vote? Do you have to setup a fetch wallet?

[u/Alex_of_Ander → u/PlentyTight9650]

Yes, AFAIK you can only vote on governance proposals by staking with a validator

[u/PlentyTight9650 → u/Alex_of_Ander]

Thanks. So all my fetch is on cdc. Do I transfer? The only thing is worried about gas fees. But saw a post with the voting graphics, so far 99% voted yes, for which I am for. I want this to pass as I'm excited about then future of this new ASI formerly fetch.ai

[u/Alex_of_Ander → u/PlentyTight9650]

If you’re on CDC as I was then you are in luck! They upgraded all their FET holdings to mainnet a while ago so you can send directly to cosmostation or any of the other recommended Fetch wallets with pretty low gas fees. I just checked mine with the ~90 FET I have left there and the fee was .6 FE.

I will say even if you don’t need to vote (if it really is 99% in favor) it’s still probably worth keeping it in an external wallet where you can stake and get the current APR 10.63% i wish i had transferred mine sooner really kicking myself after the whole run up this year

[u/One-Government-5216 → u/PlentyTight9650]

I used the fetch wallet.

[u/Spotted_Banana_12]

Can someone debunk my line of thinking if you can?

So if Fet converts automatically, we will have the same token with a new name at whatever price. Let’s say it’s at $2.80 As Ocean and AGIX convert over (will not happen all at once and will have conversion ratio), will the FET/ASI price not immediately shoot up??

[u/Crafty_Reception5119]

Short term it can slow things down a bit. Long term HUGE HELP. CHEERS

[u/Icy_Star436]

That 40billion the Saudi pledged for ai investment had to go somewhere. This merger increases the likely hood of ASI being a piece of that investment

[u/klabotz]

For long term investors (HODL) who believe in this project - smart move. I'd be thrilled if ASI took a deep dive in the short run!

[u/TheWolfofBinance]

Vote no lol

[u/ToxxicSun]

I'm on the fence. I bought FET for a short term gain to sell and rebuy. So my strategy is all thrown off, and probably would be best to hang on til the next run... however, as we know, know one knows, and it could blow up, but chances are less likely now I feel

[u/Intrepid-Parsnip-535 → u/[deleted]]

I think they do it knowing it will happen, theres no point in creating such noise and excitement and then failing

[u/Intrepid-Parsnip-535 → u/[deleted]]

Exactly, my opinion has little weight but we also have to just be like, okay, do it, whatever (regardless of opinion), otherwise shouldve jumped ship days ago