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Three projects have merged: SDAO, Cogito Finance, and SelfKey have teamed up to create Singularity Finance, with the goal of developing an EVM Layer 2 network, primarily focused on bringing real-world assets (especially AI assets like GPUs) onto the blockchain for DeFi.
After integration, the original three coins SDAO, CGV, and KEY will be unified into one coin SFI, which will be launched on the mainnet in the first half of next year, and will currently be used on the Ethereum and BNB chains. Additionally, it will be paired with SelfKey's identity verification and Cogito's token framework, with the entire ecosystem utilizing AI-driven tools for investment analysis and risk management.
As soon as this news broke, SDAO surged by 17%, jumping from $0.25 to $0.33. The community governance voting will take place from October 21st to 31st, where everyone will vote to decide the direction of the ecosystem.