Fetch.ai news today, FET crypto latest news of token ticker

12 Jun 2024, 09:53

Folks I understand the delay in the merger date is frustrating but I would encourage you to take a step back and look at this in perspective. SingularityNET team is working hard on a number of important initiatives like * scaling up OpenCog Hyperon AGI architecture * integrating SNet, HypC, NuNet, Fetch, Ocean protocols to make an awesome comprehensive decentralized infrastructure for AGI * creating easy-to-use services for devs to use to put LLM ensembles and "LLM + knowledge graph + reasoning" ensembles on SNet platform * building a compute infrastructure combining SNet + Fetch supercomputers with global decentralized compute (the latter leveraging again SNet, Fetch, Ocean, HypC, Nunet) Fetch and Ocean teams are working on their own important projects and we're looking at various integrations, I just had a chat w/ Trent & a few others this morning e.g. on * using Predictoor for electricity price, suppy and demand prediction * using SNet and Fetch AI agents within Predictoor Each of the 3 merging projects has a token whose main purposes include payment, incentivization, reputation rating etc. on their respective platforms... We are engaged in a huge effort to beat Big Tech / Gov't to create advanced AGI first, because we believe this is most likely to result in a beneficial outcome for humanity and its successors. We are merging our tokens because we believe this will give us the highest odds of suceeding in this effort over the next few years. Ray Kurzweil predicted human level AGI by 2029 and to me this seems quite plausible, we might even beat his estimate by a couple years... and I suspect that once you get human-level AGI you're only a few years from radical superintelligence. The merging of the tokens is valuable largely because it provides a shared incentive mechanism across teams and communities ... yet by merging tokens WITHOUT fully merging organizations as in a typical corporate merger, we will retain the creative diversity that comes from having smaller groups with their own perspectives and foci... The practicalities of merging the AGIX, FET and OCEAN tokens are complicated mostly because not everyone uses hardware wallets and DEXs like I tend to ... so there are various third parties involved and, in order to do the token merge in a way that gives most token holders a good user experience, one needs to coordinate with these third parties. This coordination has resulted in some schedule slippage on the token merger. Corporate mergers commonly have schedule slippage too, for different particular reasons -- but there is a commonality with the present situation, in that the slippage is due to "a lot of moving parts, involving different people in different organizations" .... The slippage of the token merger date is certainly not what we wanted but -- while I do regret and the consternation it is causing some community members -- I cannot help but view it as a pretty small blip on our path to building actual AGI and ASI. I also must observe there are likely to emerge significantly larger hiccups before we get to actual beneficial superintelligence. So now would be a good time for us all to practice a bit of calm and tenacity in the presence of inevitable bumps in the road...

Folks I understand the delay in the merger date is frustrating but I would encourage you to take a step back and look at this in

Folks I understand the delay in the merger date is frustrating but I would encourage you to take a step back and look at this in perspective. SingularityNET team is working hard on a number of important initiatives like * scaling up OpenCog Hyperon AGI architecture * integrating SNet, HypC, NuNet, Fetch, Ocean protocols to make an awesome comprehensive decentralized infrastructure for AGI * creating easy-to-use services for devs to use to put LLM ensembles and "LLM + knowledge graph + reasoning" ensembles on SNet platform * building a compute infrastructure combining SNet + Fetch supercomputers with global decentralized compute (the latter leveraging again SNet, Fetch, Ocean, HypC, Nunet) Fetch and Ocean teams are working on their own important projects and we're looking at various integrations, I just had a chat w/ Trent & a few others this morning e.g. on * using Predictoor for electricity price, suppy and demand prediction * using SNet and Fetch AI agents within Predictoor Each of the 3 merging projects has a token whose main purposes include payment, incentivization, reputation rating etc. on their respective platforms... We are engaged in a huge effort to beat Big Tech / Gov't to create advanced AGI first, because we believe this is most likely to result in a beneficial outcome for humanity and its successors. We are merging our tokens because we believe this will give us the highest odds of suceeding in this effort over the next few years. Ray Kurzweil predicted human level AGI by 2029 and to me this seems quite plausible, we might even beat his estimate by a couple years... and I suspect that once you get human-level AGI you're only a few years from radical superintelligence. The merging of the tokens is valuable largely because it provides a shared incentive mechanism across teams and communities ... yet by merging tokens WITHOUT fully merging organizations as in a typical corporate merger, we will retain the creative diversity that comes from having smaller groups with their own perspectives and foci... The practicalities of merging the AGIX, FET and OCEAN tokens are complicated mostly because not everyone uses hardware wallets and DEXs like I tend to ... so there are various third parties involved and, in order to do the token merge in a way that gives most token holders a good user experience, one needs to coordinate with these third parties. This coordination has resulted in some schedule slippage on the token merger. Corporate mergers commonly have schedule slippage too, for different particular reasons -- but there is a commonality with the present situation, in that the slippage is due to "a lot of moving parts, involving different people in different organizations" .... The slippage of the token merger date is certainly not what we wanted but -- while I do regret and the consternation it is causing some community members -- I cannot help but view it as a pretty small blip on our path to building actual AGI and ASI. I also must observe there are likely to emerge significantly larger hiccups before we get to actual beneficial superintelligence. So now would be a good time for us all to practice a bit of calm and tenacity in the presence of inevitable bumps in the road...

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