Artificial Superintelligence Alliance revealed a proposal for a merger with CUDOS. The native token of CUDOS, an AI compute platform, will convert to FET if proposal passes a community vote.

The Artificial Superintelligence Alliance has announced a proposal seeking to merge the alliance with decentralized physical infrastructure network (DePIN) platform CUDOS. SingularityNET, Fetch.ai, and Ocean Protocol merged into one entity under the ASI alliance, and the new development means CUDOS will join as a non-founding member. ASI proposes CUDOS merger ASI announced the merger proposal on Sept. 11, while the CUDOS team also posted this on their X account.

Details of the proposal include the assertion that the distributed AI computing provider will be a crucial addition to the ASI Alliance. Notably, its says CUDOS, which taps into blockchain to offer scalable, cost-efficient and flexible cloud AI services, will help the Artificial Superintelligence Alliance’s quest to become a leader in artificial general intelligence (AGI). “This partnership is not just about combining our resources; it’s about creating a seamless ecosystem where AI and blockchain technology can thrive together, pushing the boundaries of what decentralized AI can achieve. By leveraging CUDOS’ powerful computing network within the ASI framework, we’re setting the stage for groundbreaking advancements in AI that will redefine the future of technology and pave the way for decentralized AGI and ASI,” said Matt Hawkins, founder of CUDOS. CUDOS token migration If both CUDOS and ASI communities pass the proposal in a vote set for September 19 to September 24, 2024, then the CUDOS token will convert to Artificial Superintelligence Alliance’s token (FET). According to details in the announcement, the CUDOS to FET conversion ratio will be 112.427:1. A 5% merge fee will be applied to bring it to roughly 118.344:1. The price of CUDOS token rose sharply after the news, reaching highs of $0.01 before paring gains. CUDOS’ daily trading volume was up 113% to over $1.2 million at the time of writing.

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In an increasingly crowded cryptocurrency landscape, a few projects are rising to the top, capturing the imagination and capital of investors. One such project is Rexas Finance (RXS), whose presale has seen an incredible surge in interest and investment, making waves across the crypto community. While big names like Toncoin (TON) and Tron (TRX) have long enjoyed their moments in the spotlight, it seems Rexas Finance is now stealing the hype. Thanks to its unique approach to real-world asset (RWA) tokenization, Rexas Finance is quickly becoming a favorite among investors looking for a project with real-world utility and long-term growth potential. The Rise of Rexas Finance Rexas Finance has differentiated itself from many of the other projects in the crypto space by addressing real-world problems rather than focusing solely on speculative gains. Its platform allows users to tokenize real-world assets such as real estate, commodities, art, and intellectual property, making these typically illiquid assets more accessible and tradable. Tokenization breaks down large, valuable assets into smaller digital units, or tokens, which can be bought, sold, or traded on the blockchain. This opens up previously inaccessible investment opportunities to a much broader audience. Traditionally, only institutional investors or wealthy individuals could afford to invest in high-value assets like commercial real estate or fine art. With Rexas Finance, investors can now own fractional shares of these assets, giving them a chance to participate in markets that were previously out of reach. Why Rexas Finance is Gaining Traction The concept of real-world asset (RWA) tokenization is not entirely new, but Rexas Finance stands out due to its seamless, user-friendly platform and the security that blockchain technology offers. Investors are drawn to the project because of its practical applications in the real world. Unlike many projects that are built purely on speculation, Rexas Finance is focused on solving real-world problems, which gives it staying power in the volatile crypto market. Here are some key factors contributing to Rexas Finance’s skyrocketing success in its presale phase:

Real-World Utility

At the heart of Rexas Finance’s appeal is its ability to tokenize real-world assets, making it possible for people to own fractional shares of valuable assets. Whether it’s real estate, gold, or fine art, Rexas Finance is opening the doors to a broader pool of investors, providing liquidity to traditionally illiquid markets. This ability to solve tangible problems in asset accessibility and liquidity is something many other cryptocurrencies, including Toncoin and Tron, simply don’t offer.

Investor Confidence in RWA Tokenization

The global market for real-world assets is enormous, with real estate alone valued at over $379 trillion. Even tokenizing a fraction of this market could unlock trillions of dollars in value. Investors see this as a major opportunity, and Rexas Finance is positioning itself as a leader in this space. With blockchain technology providing security and transparency, investors are confident that Rexas Finance’s platform will deliver on its promises.

Presale Momentum

The momentum of Rexas Finance’s presale has been nothing short of remarkable. Raising over $200,000 on its first day, the presale has already caught the attention of both retail and institutional investors. With RXS tokens priced at $0.03 in the initial phase, early investors have the potential to see significant returns, with the token price set to rise in subsequent stages of the presale. The projected price of $0.20 by the end of the presale represents a 566% increase, creating a sense of urgency among those looking to get in on the ground floor.

Strong Tokenomics

Rexas Finance has developed a robust tokenomics model that incentivizes early participation while ensuring long-term growth. With a total supply of 1 billion RXS tokens, 42.5% is allocated for the presale, giving investors a significant opportunity to enter at a favorable price. Additionally, 22.5% of tokens are reserved for staking, encouraging long-term holding and contributing to the stability and sustainability of the project.

Focus on Security and Transparency

Rexas Finance is not just about accessibility; it’s also about security. By leveraging blockchain technology, the platform ensures that all transactions are transparent and secure. The use of smart contracts adds an additional layer of trust, as all trades and transactions are executed automatically, reducing the risk of human error or fraud. This focus on security gives investors peace of mind, something that’s often missing in more speculative crypto projects.

Rexas Finance Steals the Hype from Toncoin and Tron While Toncoin (TON) and Tron (TRX) have long been popular among crypto investors, their focus has been primarily on decentralized applications (dApps) and blockchain infrastructure. Toncoin, initially developed by the Telegram team, focuses on enabling decentralized communications and services. Meanwhile, Tron has positioned itself as a competitor to Ethereum by building a high-performance blockchain for dApps and smart contracts. However, both of these projects lack the real-world applicability that Rexas Finance brings to the table. While Toncoin and Tron are respected for their technological innovations, they do not provide the same tangible benefits to everyday investors that Rexas Finance does through real-world asset tokenization. This distinction has allowed Rexas Finance to capture a significant portion of the crypto market’s attention, stealing the hype from these well-known projects. The Future of Rexas Finance With the crypto market evolving and investors looking for projects with real-world applications, Rexas Finance is well-positioned for sustained growth. The platform’s ability to tokenize real-world assets not only democratizes investment but also brings much-needed liquidity to traditionally illiquid markets. As more people recognize the potential of RWA tokenization, Rexas Finance could become a dominant player in this emerging sector. As the presale progresses and Rexas Finance continues to hit new milestones, the project is set to rise even further in prominence. For investors looking for the next big opportunity, RXS offers both short-term gains through the presale and long-term growth potential as it disrupts the world of asset management. Conclusion Rexas Finance (RXS) is rapidly gaining momentum, appealing to investors with its unique approach to real-world asset tokenization. While well-established projects like Toncoin (TON) and Tron (TRX) have their strengths, Rexas Finance is stealing the spotlight by offering tangible solutions that appeal to both retail and institutional investors. With a strong presale performance, real-world utility, and a well-thought-out tokenomics model, Rexas Finance is set to become a major player in the crypto space, offering investors the chance to be part of something truly revolutionary. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance

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