Ocean Protocol cites partner breaches as key reasons for leaving the ASI Alliance, amid a sharp 93% plunge in merged FET token value driven by partner sell-offs and failed trades.
On October 23, Ocean Protocol explained its withdrawal from the Artificial Superintelligence Alliance, attributing the decision to SingularityNET and Fetch.ai violating asset control commitments. The disputes included partner-driven token sell-offs and failed Fetch.ai TRNR trades, which contributed to a 93% drop in the merged FET token value. The project emphasized that this decline was primarily due to partner activity rather than Ocean’s departure.