Real question: does anybody think that with an extra hundred

million dollars… This ASI conglomeration is going to reach artificial general intelligence before… Microsoft, open AI, anthropic, google, Apple, China, North Korea, the US government, DARPA, Japan…

Serious?

No, I've been saying it's a start. $1B would be better

I think that would speed things up.

OK, so after they come back and steal the rest of the extra billion tokens… Then what? What is the number that we need to reach AGI before everyone else? Hint: it ain’t gonna happen

Maybe, maybe it would… Remember, this is the same team that’s been saying that transformer networks and large language models were stupid for the last five years… They missed it, these guys missed it by a mile

It is good to learn from mistakes if they are not fatal.

Honestly donnu if it’s enough but its a start, fetchai already secured 100mil for gpu already we never know in the future may get more funds for computing

My computer is worth 500 dollars 🤣.

Truth

This

But also fetchai didn’t print more tokens to get that funding tho so I understand the question about the 100mil$ in snet

That's a good argument. I think it's more about trust in the team than actual funding.

"Secured enough [money] for..." does not equal "purchased"

Did the only secure funding, or did they actually purchase what they said they were going to purchase?

Maybe not past the post first, but we will catch up, if more investments come with the merger

Again, I like your positivity, but that’s just a chain of fortuitous events that is impossible to predict… We’re playing catch-up and we’re trying to compete with teams that have literally hundreds of billions of dollars at their disposal, I don’t think $100 million or even $1 billion is at all significant

Its a hundred million $ now. It Can easly worth 4-5x more at some point.

Yes, but they’re not saving it to invest, they’re simply using it to buy old out of date, chips, and hardware… The companies were competing with have the latest technology and it’s already running, if you put in a chip order right now you’re not getting that fulfilled for months if you’re lucky and that’s with old chips… The new chips are 10 times as powerful as the chips that these guys are going to be ordering, so your hundred million now is only worth 10 million, and a year from now that 10 million is worth 1 million in power… They’re just fighting the wrong fight

Thats a good question, I can only tell there is an airdrop for cw20 token to use the gpu computing so I can just think it’s a done deal otherwise they wouldn’t airdrop a worthless tokens

Snapshot was taken last month for fet stakers and they’ll get those token but didn’t mention when

I'm not arguing with a biased stance like this

So they are requesting to release 100 million tokens to invest that money into what, bitcoin? I thought it was to purchase compute? Hopefully investing into compute, right?

Lol, yes but they Said they wernt gonna dump at once

Compute infrastructure, yes, at least that’s the way I understand it

They won’t dump. They will make a placing.

OK, well how do you go from asset A to asset B without getting rid of asset A… I guess I’m just confused on that mechanism

If you want to get more info better then me interpreting what they said lol https://fetch.ai/blog/fetch-ai-secures-advanced-gp-us-following-100-million-infrastructur-einvestment

you should know better than anyone the effects of OTC trades on market prices

Do you think the community is critical because of the GPU and CPU or because of the team with the resources?

In the stock market at least you would place the asset on or several bidders. Maybe some discount depending on the hype. Like an auction process.

Yes, but you can’t move that many tokens without hoovered up a bunch of other potential buyers… It’s not like there’s a pool of infinity to purchase this token, there is a fixed amount of buyers, those are buyers that would’ve been buying up the token at exchanges, so you take them off of the exchanges so now there’s not gonna be that same amount of exchange volume so you’re taking 100 million in exchange volume away… You tell me, is that good or bad for the individual holders of the assets? You’re also debasing the currency by 10%, which has an actual market effect of between 20 and 30%. If you look at historical debasement events… Is that good for the investors? Like come on people… Use your pen and paper on a napkin and just do some basic math.

There is big business and small business, I guess we will start small try and work our way to the top, like said before tech is important to scale no bugs, and decentralise investors should come and grow the company, in itself boost the price asi token is some consolation

Man, you’re on fire…😉 so if everything sucks why bother? Why own this? I mean if they only want money and they won’t be able to compete anyway.

Awesome, thanks for the info. At first glance, it looks like they've already started implemented something similar to what Singularitynet wants to do with hypercycle. Rewards for compute

I think part of it is that maybe after the last couple of times they have diluted the tokens… Maybe the community just doesn’t feel as confident in their ability… Because you know how this ends… This first hundred million won’t quite be enough to get to AGI, then they’re gonna come back and ask for more, then more, then more and then they’re simply out of tokens and that’s the end of it And they say well folks… We tried

Well, you have to wear two hats as an investor, you have the one hat that makes you look at it as a human as a participant in a system that you hope will achieve some greater good… And the other hat is strictly about the numbers… They have been pumping this token, they will continue to pump it, and I’m gonna be along for the ride and then when I see the executive starting to cash out, which I will, I’m gonna exit every single token.

Fetch foundation and ocean already have deals with supranational European foundations. So ASI can profit from projects here and work towards your goal with that finance, no?

Well, fetch has a lot of partnerships, but they don’t seem to produce results, but maybe this will be different, maybe this time is different… I keep hearing that

Dubai and the middle east can't invest in big tech AI companies. So they're looking for alternatives

Man you keep painting scenarios, can you be positive for once, but I know where you coming from lol

but the community and value of the token have increased... who's to say this merger doesn't bring the extra man power needed to really push back. people are worth more than money, the more people rallied behind helping humanity the less hold greed will have... I am a hopeless optimist though....

You’re already too rich to bother man! 😉 Anyway, if and when you see insider trading please be a good sport and share this info. 😅

Bosch have said since the beginning ‘millions of agents in 2025’. So let’s see? Let’s be positive. Let’s believe that the three founders have the right intentions and goals.

Well… I have to tell our Digital Investor community first … but maybe I’ll air the replays :)