{"id":17789,"date":"2024-10-15T16:45:37","date_gmt":"2024-10-15T13:45:37","guid":{"rendered":"https:\/\/forklog.com\/en\/singularitydao-cogito-finance-and-selfkey-to-merge-into-ai-initiative\/"},"modified":"2024-10-15T16:45:37","modified_gmt":"2024-10-15T13:45:37","slug":"singularitydao-cogito-finance-and-selfkey-to-merge-into-ai-initiative","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/singularitydao-cogito-finance-and-selfkey-to-merge-into-ai-initiative\/","title":{"rendered":"SingularityDAO, Cogito Finance, and SelfKey to Merge into AI Initiative"},"content":{"rendered":"<p>Developers of the decentralized portfolio management protocol SingularityDAO plan to merge with Cogito Finance and SelfKey in a joint project aimed at tokenizing the AI economy, according to <a href=\"https:\/\/www.coindesk.com\/business\/2024\/10\/15\/singularitydao-plans-to-merge-with-cogito-finance-selfkey-to-form-ai-focused-layer-2\/\">CoinDesk<\/a>.\u00a0<\/p>\n<p>The new organization will introduce a layer-two solution for tokenizing assets like graphics processors and offer AI-based financial instruments.\u00a0<\/p>\n<p>Under the plan, the SelfKey (KEY) token will transform into a new asset \u2014 SFI. SDAO from SingularityDAO and CGV from Cogito will merge with SFI at a ratio of 1:80.353 and 1:10.89, respectively. The process may change following stakeholder discussions.\u00a0<\/p>\n<p>In March, three AI-focused blockchain projects \u2014 SingularityNet, Fetch.ai, and Ocean Protocol \u2014 <a href=\"https:\/\/forklog.com\/en\/news\/singularitynet-fetch-ai-and-ocean-protocol-to-merge-tokens\">agreed to merge tokens<\/a>. In April, the community <a href=\"https:\/\/forklog.com\/en\/news\/ai-blockchain-projects-unite-to-form-asi-token\">supported<\/a> the initiative to create a unified coin for the Artificial Superintelligence (ASI) alliance, leading to the formation of the SingularityDAO project.\u00a0<\/p>\n<p>In September, Cudos expressed interest in joining the organization.<\/p>\n<p>In July, developers of the AI platform SingularityNET and the data storage network Filecoin <a href=\"https:\/\/forklog.com\/en\/news\/the-convergence-of-ai-and-cryptocurrency-miners-transition-to-data-centers-and-filecoin-partners-with-singularitynet\">announced a partnership<\/a> to unite the fields of artificial intelligence and <a href=\"https:\/\/forklog.com\/en\/news\/tokens-for-noise-and-a-web3-alternative-to-google-maps-the-most-interesting-depin-projects\">DePIN<\/a>, while maintaining decentralization, ethical AI, and information integrity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers of the decentralized portfolio management protocol SingularityDAO plan to merge with Cogito Finance and SelfKey in a joint project aimed at tokenizing the AI economy, according to CoinDesk.\u00a0 The new organization will introduce a layer-two solution for tokenizing assets like graphics processors and offer AI-based financial instruments.\u00a0 Under the plan, the SelfKey (KEY) token [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1467],"class_list":["post-17789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-singularitynet"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=17789"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/17789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/17788"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=17789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=17789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=17789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}