2024-07-03
Three AI tokens:
1. Fetch.ai (FET)
2. SingularityNET (AGIX)
3. Ocean Protocol (OCEAN) have agreed to merge into a single AI token called ASI.
www.singularitydao.ai/migrate-asi
Migration tool for ASI token is now
live.
Fetch.ai, SingularityNet, and Ocean
Protocol have collaborated and to establish the Superintelligence Alliance.
Migration dApp tools now live starting
from July 1.
The Artificial Superintelligence
Alliance (ASI) has made significant strides in its token merger process.
Here are the key points:
Token Merger Agreement
On March 27, 2024, Fetch.ai,
SingularityNET, and Ocean Protocol entered into a definitive agreement to merge
their utility tokens.
This collaboration aims to create the
largest open-source, independent player in AI research and development.
Unified Token
The tokens from these organizations
will merge to form a single unified token called Artificial Superintelligence
($ASI).
Migration Tools
Migration tools for the dApp are now live, simplifying the transition for token holders.
The phase-out of $AGIX and
$OCEAN from exchanges has begun, with a focus on ensuring a smooth onboarding
process for both exchanges and data aggregators.
Conversion Process
Holders can convert their tokens to $FET using the migration platform on the SingularityDAO dApp.
AGIX and OCEAN
tokens are being delisted from exchanges, while spot and perpetual trading
continues uninterrupted under the FET ticker.
Ample Time for Conversions
The migration contracts will remain open for years, allowing ample time for all conversions.
Additionally, all FET
Mainnet Tokens will automatically convert to ASI during Fetch.ai’s mainnet
upgrade.
The Artificial Superintelligence
Alliance token (ASI) is an important development in AI token that crypto
investors should have an eye on.
