Ocean explains the reason for exiting ASI: Partners violated the core commitment of "each party retaining control over their assets."

According to Mars Finance, on October 23, Ocean Protocol published a statement explaining the reasons for leaving the Artificial Superintelligence Alliance (ASI), accusing its partners SingularityNET (AGIX) and Fetch.ai (FET) of violating the alliance's core commitment of “retaining asset control for all parties.” The price of the merged FET Token plummeted 93% from its peak, primarily due to significant dumping by SingularityNET and Fetch.ai, as well as the failure of Fetch.ai's own high-risk “TRNR” trading, rather than Ocean Protocol's withdrawal. Throughout the process, Ocean has adhered to the principle of Decentralization, which asserts the indisputable sovereignty of individuals over their assets. This exit is to prevent further harm to the interests of the Ocean community, and in the future, Ocean will continue to focus on the independent development of its technology and products. In 2024, SingularityNET (AGIX) will merge with Fetch.ai and Ocean Protocol for the Artificial Superintelligence Alliance (ASI) Token merger, with the final name being ASI, completed on June 13, 2024.