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SingularityDAO, Cogito Finance, and SelfKey plan to merge to form an AI-centric Layer 2.

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ForesightNews
350Words
Oct 15, 2024

SingularityDAO, Cogito Finance, and SelfKey plan to merge to form a new entity called Singularity Finance, which will focus on the tokenization of the AI economy and provide AI-driven financial tools. The new entity, Singularity Finance, will offer a Layer 2 network for the tokenization of assets like GPUs. After the merger, SelfKey's existing token, $KEY, will become the new token SFI for Singularity Finance. The tokens of SingularityDAO ($SDAO) and Cogito (CGV) will merge into SFI at ratios of 1:80.353 and 1:10.89, respectively. This process may be adjusted based on discussions among stakeholders.

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