UPDATE Fetch, AGIX and Ocean Merger: EVERYTHING You Need to Know About ASI
Рет қаралды 8,426
Күн бұрынThe artificial superintelligence alliance is about to become a reality with the merger of the 3 biggest crypto AI projects Fetch AI, SingularityNet, and Ocean Protocol. Let's go over everything you need to know
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/ @wiesetechnology
0:00 intro
0:52 Compatability FET+AGIX+Ocean
3:03 Tokens- What do you have to do?
3:46 Centralized Exchange
4:21 Wallet - Self Custody
5:20 Decentralized Exchange
5:46 Token Conversion to ASI
6:25 Fetch
7:14 AGIX
9:06 Ocean
10:38 Ecosystem Transformations
11:16 Token Prices and Exchange Rates
12:05 Exchange Rate Example
15:09 Market Cap ASI
15:46 Vision
19:14 Which Blockchain?
19:53 Former Partnerships
20:25 Old Tokens on Exchanges
21:15 Taxes
22:42 Timeline
SingularityNet X Account
/ singularitynet
Fetch AI X Account
/ fetch_ai
Ocean Protocol X Account
/ oceanprotocol
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@WieseTechnology Ай бұрын
Let me know any other questions that you have (please no "what should I do with my tokens" questions. I won't take responsibility for your monetary decisions :)) If you don't know how to navigate the bullmarket and how to estimate what a potential price of a token might be, be sure to check out this video where I talk about how you can do these things: kzfaq.info/get/bejne/b9mqnriaqrG1o2g.html
@kahuna414 Ай бұрын
So current AGIX stakers lose the option to stake in the future?
@WieseTechnology Ай бұрын
@@kahuna414 If you are refering to staking AGIX, then yes. Because AGIX as a token will be basically retired. Of course it still exists but won't be supported by anyone because all merge into ASI. Which you then will be able to stake
@musicguerreiro6202 Ай бұрын
I have a question, the Ocean and AGIX that we have, when the merge happens, will the ocean and AGIX be automatically switched to ASI?
@WieseTechnology Ай бұрын
@@musicguerreiro6202 Hey, unfortunately, I don't know how to answer that question because it depends on where you hold your tokens. I explain that in detail in the video, maybe you want to rewatch the parts? It's timestamped, so shouldn't be hard to find
@abdullatifabdi8612 Ай бұрын
ASI to Top 5 in few months
@WieseTechnology Ай бұрын
If they bring out Hyperon and it's good I could see that happening
@nani3209 Ай бұрын
I am really excited 😀
@WieseTechnology Ай бұрын
Yes! Me too🙌
@montyada2524 Ай бұрын
TY for the info, it really helped!
@WieseTechnology Ай бұрын
Great to hear that, most welcome!
@JesusTorres-xw4fx Ай бұрын
Well explained buddy! Awesome work, thank you!
@WieseTechnology Ай бұрын
Most welcome! Thank you for the comment!
@jamesdean7780 Ай бұрын
Thank's bro. Great vdeo!
@WieseTechnology Ай бұрын
Most welcome and thank you for the comment!
@Irelandunited2012 Ай бұрын
Been holding fetch since november this is exciting
@WieseTechnology Ай бұрын
It really is exciting!
@alfredmai7873 Ай бұрын
When the ocean tokens on the ledger hard wallet, will they also swap automatically?
@WieseTechnology Ай бұрын
No they won't. I explicitly explain that and even mention ledger when I talk about wallets. Can you please tell me what you didn't understand about that so I can explain it better the next time?
@alfredmai7873 Ай бұрын
Ok perfekt, meine Ocean tokens sind in 6 Monaten Steuerfrei. Evtl. Ist es eine Lösung wenn ich in 7 Monaten die Coins erst in ASI swap um Sie steuerfrei verkaufen zu können.
@rsm7106 Ай бұрын
Hi what about having Agix in coinbase wallet? Do I follow the same process as other wallets?
@WieseTechnology Ай бұрын
Yes
@corbyyoung7307 Ай бұрын
Do you know how the tax situation in Germany changes? Since you get a new coin does the holding period (Haltefrist) from the former coins still counts?
@WieseTechnology Ай бұрын
At this point I'm really wondering if people just click on the video and write a comment without watching it. For the answer to your question I'd suggest you watch the time-stamped part called "taxes" again :)
@impermanenthuman8427 Ай бұрын
So if you hold all 3 on an exchange you would get the total value of all tokens condensed into a single ASI token?
@WieseTechnology Ай бұрын
Based on the small exchange rate fluctuation, yes that's exactly right
@ouraniac Ай бұрын
Great insight….thank you
@WieseTechnology Ай бұрын
Most welcome
@the-alien-network 13 күн бұрын
need to know how to cash out of agix with no kyc. having trouble finding an exchange. minswap is not working with ledger wallet and not sure of workaround. please help
@WieseTechnology 13 күн бұрын
Don't know I mainly use cryptocom and phemex
@the-alien-network 13 күн бұрын
@@WieseTechnology are either of those no kyc? (and if so, what country are you in for vee pee n)
@alfredmai7873 Ай бұрын
Can you make an example for the Arbitrage when you are a ocean token holder. At what fetch/Asi price is the best possible arbitrage for a ocean swap??? Because the chance rate is fixed🎉🎉🎉🎉🎉
@WieseTechnology Ай бұрын
Ocean is basically the same as AGIX with only a minor, marginal difference (both basically 0.433). If you are looking to really make money off of this swap I'd recommend you calculate through a few scenarios for yourself. I just see this as a minor fluctuation that's to small to really properly use that as a way to make a surplus (or to experience any downside).
@jyrkilindroos1991 Ай бұрын
I have my AGI on metamask, any idea how that goes. Should I do something?
@WieseTechnology Ай бұрын
Yes, I explicitly mention metamask and what to do in the video. You will have to swap when the merger contract is live. Can you please tell me what you didn't understand about that in the video so I can explain it better next time?
@MrMaciasH Ай бұрын
So whit this new merge and new market cap do you see the price hit 100 dolars with in 10 years?
@WieseTechnology Ай бұрын
It all depends. No financing advice but 100 dollars would be roughly a 35x with a marketcap of round about 250 bio. Which is still much less than Ethereum has right now. I think if they put out Hyperon and it gets used, we have the potential to get there and likely higher. If this doesn't happen within 10 years, imo the project is doomed because putting out a working AI/AGI model is their fundamental value proposition
@ElioFreedomConsulting Ай бұрын
Is revolut considered an exchange or do I then have to migrate?
@WieseTechnology Ай бұрын
I don't know revolut. Do you have a seed phrase? I am saying this to many people here so please don't feel called out or interpret this as me being rude. This is actually me caring about you and not wanting you to lose your money: If you don't know what the difference between an exchange or a private wallet is, you should do a lot more foundational research. I know there is a lot of greed but crypto isn't even a baby yet. Not even the wild west yet. It has a lot of upside but it's also highly risky. And many people don't appreciate that risk properly. You can seriously get burned because of that. So pleased familiarise yourself with these things and really internalise the phrase "not your keys not your crypto" I'll probably make a Lifestream where I go into these things next week
@vanesatotalfitness Ай бұрын
In revolut will be automatic! Don't worry!
@ElioFreedomConsulting Ай бұрын
thanks vanessa, i sai your KZfaq channels. i work me to'o in fitness. You are Great. Common!! ☺@@vanesatotalfitness
@arslanmughal2024 8 күн бұрын
What If merger happens and there are future contracts opened for Agix will they keep working?
@WieseTechnology 8 күн бұрын
I can't give you any different answers on a different video
@ahmedelshahawi Ай бұрын
I see now I understand, would you say fetch is a good buy for the current prices now?
@WieseTechnology Ай бұрын
I can't give any form of advice on that but it depends on how much conviction you have in the projects. Especially at the moment the price could go any way depending if the hype is stronger or the fud because of the increased market cap etc. In saying that, DCAing has always been proven to be a good strategy long term
@ahmedelshahawi Ай бұрын
@@WieseTechnology yes i will probably dca being my first payment a very small payment and see how the price reacts, thank you
@WieseTechnology Ай бұрын
@@ahmedelshahawi Most welcome! Just always keep in mind that crypto is much riskier than other assets and that the bullrun will end at one point (my guess is in about a year but could be any day, no one really knows). If you don't feel comfortable with navigating a crypto bullmarket you might also want to check out the video in the pinned comment
@user-qn1rh7cp9u Ай бұрын
Is it a good idea to invest in ocean and the other 2 now? I won't lose money if I invest now right?? Pls get back to me
@WieseTechnology Ай бұрын
@@user-qn1rh7cp9u Look at the calculation example I gave. There will be a slight fluctuation from ocean/agix to ASI. Fet will be converted 1:1. I can't tell you what to do with your money and also would not feel comfortable doing so. But based on fundamentals I don't think there are many project in the crypto space that are stronger
@karikuru9003 Ай бұрын
i can see that ICP will be the future network for ASI.
@WieseTechnology Ай бұрын
Would you mind telling me a bit more about ICP, the advantages and what that would mean? I didn't dive into ICP yet
@johnnytang1 23 күн бұрын
Are they merging into Alt Signals ASI ??
@WieseTechnology 23 күн бұрын
The ASI coin is not out yet, don't fall for scams or cash grabs
@anastariq9821 Ай бұрын
Can AGI touch 14$in the end of the month July or august
@WieseTechnology Ай бұрын
My crystal ball says maybe and that you should be aware to hit 14 it probably would need a marketcap of about 40 billion. How likely that is... Well that's for you to decide
@CryptoFeeders Ай бұрын
So which of these tokens buying now is better bet?
@WieseTechnology Ай бұрын
I hope you can make a responsible decision for yourself with your own money. I can't do that for you
@CryptoFeeders Ай бұрын
@@WieseTechnology can u analyze Recently 10 added coins in Kucoin.
@Eddie-ey7rf Ай бұрын
All 3
@IzzyJ-pm7hj Ай бұрын
Does that mean that if for example someone has 1000 agix and after conversion only 433 asi that if asi goes to 50$ it will be 433×50=21,650$ but at the same time if i had my original 1000agix 1000×50=50,000$. Why would this deal be good for agix holders if we are losing massive profits in a bull run? Phase 2 with cordano already diluted the profit margin by adding a billion more coins and they haven't achieved anything yet and now this? How does it make sense for us to gain less than half of the coins and much less of roi?
@WieseTechnology Ай бұрын
AGIX won't really exist anymore or only as a retired coin, that you can't really get anywhere. So it is very unlikely that it will go to $50
@IzzyJ-pm7hj Ай бұрын
I know it won't exist and so won't the profits I thought I would have which are now cut by more than half
@IzzyJ-pm7hj Ай бұрын
The second time around already
@WieseTechnology Ай бұрын
@@IzzyJ-pm7hj You realise that you are talking about theoretical profits that have never existed? No one can tell how far AGIX would've run and no one can tell how far ASI will run and what the difference would've been
@DavidJones-kt7ku Ай бұрын
Did you watch the video? He explained this concern
@chaitanyana7700 Ай бұрын
Bro what about safepal wallet erc20?
@WieseTechnology Ай бұрын
I'm sorry but if you don't know the answer to that question you really should watch my recent lifestreams (foundations) where I go through necessities you have to know when you hold crypto.
@alfredmai7873 Ай бұрын
Meine Ocean tokens sind in 6 Monaten Steuerfrei. Evtl. Ist es eine Lösung wenn ich in 7 Monaten die Coins erst in ASI swap um Sie steuerfrei verkaufen zu können.
@WieseTechnology Ай бұрын
Eventuell
@user-wwall Ай бұрын
Bro, I am holding 1000 nos of Fet ,Agix & Ocean token in crypto exchanges. Is conversion take place automatically and no work done by me ?
@WieseTechnology Ай бұрын
I'm sorry but I very explicitly and clearly answer that question in the video. You can even go to the timestamp that says "centralised exchange" to watch what I say about this exact question. Would you please tell me what you didn't understand about this so I can make it better next time? The answer is: Yes, you won't have to do anything but wait
@anni4464 Ай бұрын
😂@@WieseTechnology😂😂😂😂😂 u aregoat
@WieseTechnology Ай бұрын
@@anni4464 😅 This or similar questions come up quite a bit so either I didn't explain it well or the people are just too lazy to watch the video (or look at the timestamps)😆
@anni4464 Ай бұрын
U make a great effort to inform us and some people are even bored to read the headline🤯 yes indeed just want to know how much it will pump.and the only thing is pumping is their minds that ada lets say will be btc not care even for market cap
@WieseTechnology Ай бұрын
@@anni4464 Yeah that's really ridiculous sometimes. And asking me how many X's they will get and when/what they should buy. Wth do I know, take responsibility for your own money 😅
@SMILE-jp8zs Ай бұрын
Price by dec 24 ?
@WieseTechnology Ай бұрын
594.56 Trillion USD
@INeedsMoneys Ай бұрын
@@WieseTechnologyi approve
@WieseTechnology Ай бұрын
@@INeedsMoneys 😄🚀
@jencrypto-ql8hv Ай бұрын
what happens to your profit
@WieseTechnology Ай бұрын
Not sure what you mean exactly with that question, did you see the calculations example I gave?
@jencrypto-ql8hv Ай бұрын
@@WieseTechnology I did thanks for video ,If I bought fet for 0.17ct, I now have to pay 2.82 for it. What is the differnce between someone who bought for 0.17 an someon who bought it for 2.82 Will my profit also be converted into ASI, will the price change or is it fixed? ty
@WieseTechnology Ай бұрын
@@jencrypto-ql8hv Of course you have to pay 2.82 for it now because that's the current price of FET. But the FET you've bought for 0.17 ct has also grown to a worth of 2.82. I'm sorry I thought I made very clear that price of FET = price of ASI. It's exchange rate is 1:1 and will always be
@jencrypto-ql8hv Ай бұрын
@@WieseTechnology ty for info
@realtalk6573 Ай бұрын
What do you think will be the marketcap at the end of the bullrun?
@WieseTechnology Ай бұрын
I have no clue, it depends on way to many factors. For example: what will be the entire marketcap of crypto? Will Hyperon be out? Will Hyperon be a great product that people actually use? Can they stay relevant/in the news? Etc. My guess would be that ASI will be a top 20, possible top 10 project but who knows. Some people calling top 5 or even 1 already. I think it would be smart to not get carried away by your emotions, hype and greed. But it might happen, especially if Hyperon should come out and if it is better than ChatGPT. But there are many ifs here
@solomonedwards2480 Ай бұрын
ASI can b bought on uniswap the biggest merge trade financial artificial intelligence coin of this generation don’t b last to the party shark frenzy coming 🎉
@WieseTechnology Ай бұрын
Once ASI exists it for sure will be available on Uniswap, yes
@jaycrypto2024 Ай бұрын
ICP does everything all these 3 projects do and better
@WieseTechnology Ай бұрын
Oh so ICP has built an AGI model already? How cool, what is it called and where can I use it?
@jaycrypto2024 Ай бұрын
@@WieseTechnology I believe both ICP and AGIX are in collaboration in building an AGI model. And I believe it is being used on the dfinity blockchain which is ICP
@paskomadcap7013 Ай бұрын
I notice big mistake in pronounce of word That 😅 u keep saying Zed...
@WieseTechnology Ай бұрын
Thanks for noticing, I really like my German accent as well :)
@paskomadcap7013 Ай бұрын
German accent had nothing to do with pronouncing words wrong...I guess if u speak English u using words correctly on whatever accent u talking haha....U can say That using German accent but saying Zed has nothing to do with accent it's just word that not exist....Arnold Schwarzenegger has German accent but he never say Zed instead That 😅
@WieseTechnology Ай бұрын
@@paskomadcap7013 I hope you are aware that there are different dialects in different languages that lead to different accents. But hey, this is a free website so you are very free to just not listen to me my friend :)
@paskomadcap7013 Ай бұрын
U are very passionate and acknowledged guy thats why i watched your video,but because u are on platform that native English speakers are talking about same topic I just correct u and give you advice to correct wrong pronouncing word that your future videos will sounds better....If I have chanel and speak German and I use one word over 30 times and each time pronounced wrong I would be so happy that someone correct me that I'm not making mistakes in future instead of arguing how I speaking German with whatever foreign accent....It was advice with good attention not trying laugh to you or whatever and u shouldn't feel atacct or think someone troll you because that is not true and not my attention. ...Everyone who watched your video probably notice same thing,I'm just someone who tried to give u advice to correct this litle thing for future video because it will be more enjoyable to listen you that's all....
@WieseTechnology Ай бұрын
@@paskomadcap7013 @paskomadcap7013 Oh I'm not feeling attacked at all. It would be very emotionally immature to give someone on the internet that much control over my feelings. But aside from that I just now after reading your comment another time I'm actually getting what word you are referring to. To also give you a bit of feedback, it would've been better understandable to write "I notice a big mistake in the pronunciation of the word "That"". But anyway, when it comes to the pronunciation of the "th" sound, that's infact due to a speech impairment I have since childhood
@IzzyJ-pm7hj Ай бұрын
AGI wasn't achieved yet and we are already jumping onto ASI 🤔
@WieseTechnology Ай бұрын
No one is jumping into anything, the coin name represents the goal and vision :)
@MA-ln3ui Ай бұрын
Ben Goertzel is really not who you want as a CEO for serious project for SingularityNET. I'm an AI researcher and basically anyone talking about AGI or the Singularity in any serious sense isn't worth their salt. Ben Goertzel is fun to listen to jumping around lots of different high level ideas but he never pins anything down and he isn't really a meaningful player in succesful AI projects. Especially not decentralised computing and deep learning. The fact that he called it SingularityNet is by itself a huge red flag or that he uses the term AGI. He did invent the term AGI and some of the work on it is intellectually intersting, but none of it is actually practical from a business perspective.
@WieseTechnology Ай бұрын
I appreciate your input and I might see glimpses of what you are saying but I'm not convinced of that yet. Especially when it comes to a merger of these 3 very reputative people in the AI space, ASI seems like it has a very good shot. However they were talking about a Hyperon alpha in March. Projects take time and it's hard to estimate timelines but there as to come sometime at one point. If they don't follow through with providing an alpha in a few months (yes again, timelines can be unpredictable so there definitely is wiggle room) I might steer more into your direction. But for now it seems good to me. For now. But yes, thanks for your comment it's very important to always see everything critical- especially the things you stand for the most
@MA-ln3ui Ай бұрын
@@WieseTechnology Thanks for your response. I guess Goertzel might be good for the hype train. In a way his whole career is about that and so he could be useful as a spokeseman in the general snake oil world of crypto. He just won't be good at actually directing the implementation of systems. Then again I don't know his team and perhaps they will do the actual technical work.
@WieseTechnology Ай бұрын
@@MA-ln3ui Welcome, nothing better than constructive critical input! You also just got me the idea to do a deep dive video on all the "leaders" and the team behind it. Because nothing is more important in any project than the people behind it. And as you said it might be a good combination with Ben Goertzel as a good front/hype person and the right, dedicated, good team behind it. Who knows. I'll definitely get into that
@slowedmusic432 Ай бұрын
ihave ocean toen on binance should it convert automatically to #asi with 0.43 per ocean token .?
@WieseTechnology Ай бұрын
Hey, yes if you hold the tokens on the binance exchange. Please can you tell me: I explicitly mentioned binance as an example for a centralised exchange in the video and say explicitly that you don't have to do anything. Can you tell me what you didn't understand about this, so I can make these things clearer in the future?
@slowedmusic432 Ай бұрын
its clear it just iwant a confirmation from thank u for ur reply @@WieseTechnology
@petebals5 Ай бұрын
@@WieseTechnologyquestion. If I have agix worth $100 does this mean i will receive 43 dollar? I dont understand.please help?
@WieseTechnology Ай бұрын
@@petebals5 Please watch the calculation example again I gave in the video.
@jontuckermustdie 23 күн бұрын
ASI can do 200 this cycle.
@WieseTechnology 23 күн бұрын
That would probably be a marketcap of 600 billion, a bit less than twice as much as the current market cap of Eth, the number 2 crypto project. What do you base your number on?
@jontuckermustdie 23 күн бұрын
@@WieseTechnology how i feel lol. Seriously though i think that we could get to 50 dollars.
@WieseTechnology 23 күн бұрын
@@jontuckermustdie I mean if ASI puts out an AI model better than ChatGPT there are really no limits where it can go haha
@jontuckermustdie 22 күн бұрын
@@WieseTechnology oh it will. It will have more than enough funding after this bull run.
@WieseTechnology 21 күн бұрын
@@jontuckermustdie I would be careful with absolutes, reaching AGI is not only about funding. I certainly hope they can build it but always stay critical, especially toward the things you want/believe the most. Cause that's where your blindspots are
@jihadjoe4957 Ай бұрын
It doesn't matter it has Super in it's name so the noobs will love it.
@WieseTechnology Ай бұрын
What are you referring to with "it doesn't matter"?
@jihadjoe4957 Ай бұрын
@@WieseTechnology I meant all the technical details. It doesn't matter, I learned not to underestimate human stupidity. It has Super in it's name so it has to fly!
@WieseTechnology Ай бұрын
@@jihadjoe4957 Crypto is almost completely narrative based anyway and the AI narrative is huge. So it has a pretty good chance
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