Cambridge, UK – June 2024 – The Artificial Superintelligence Alliance (ASI Alliance), a coalition of Fetch.ai, SingularityNET, and Ocean Protocol, has announced key updates on its upcoming ASI token merger. Slated for July 1, 2024, the merger will temporarily unify SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET, transitioning later to the ASI ticker.
This streamlined process ensures efficiency and transparency for token holders. Below are critical timelines, conversion rates, and migration steps.
ASI Token Merger: Key Phases & Timelines
Phase I: Transition to FET
- Rebranding: The project updates its identity to Artificial Superintelligence Alliance across exchanges (e.g., CoinMarketCap, CoinGecko).
- Token Consolidation: AGIX and OCEAN merge into FET under the ASI Alliance banner.
- FET Markets Remain Active: Trading continues uninterrupted under the FET ticker.
Key Dates (Phase I):
July 1, 2024
- Exchanges begin closing AGIX/OCEAN deposits/withdrawals.
- Migration platform opens via SingularityDAO dApp for AGIX/OCEAN → FET conversions.
- AGIX/OCEAN delisting initiates; FET trading remains live.
Conversion Rates:
- AGIX → FET: 1 AGIX = 0.433350 FET
- OCEAN → FET: 1 OCEAN = 0.433226 FET
Phase II: Transition to ASI
- ASI Token Deployment: Rolled out across multiple blockchains.
- Network Upgrade: FET transitions to ASI network.
- New Migration Contracts: FET/AGIX/OCEAN → ASI conversions open.
- EVM Bridges Activated: Enables cross-chain ASI transfers.
Final Conversion Rates (ASI):
- FET → ASI: 1:1
- AGIX → ASI: 1 AGIX = 0.433350 ASI
- OCEAN → ASI: 1 OCEAN = 0.433226 ASI
👉 Track real-time ASI merger updates
Why This Merger Matters
The ASI Alliance aims to accelerate decentralized Artificial Superintelligence (ASI) development, combining Fetch.ai’s agent-based AI, SingularityNET’s AGI research, and Ocean Protocol’s data infrastructure.
Key benefits:
- Streamlined Ecosystem: Unified token reduces fragmentation.
- Enhanced Liquidity: Stronger market presence for ASI.
- Decentralized AI Future: Aligns with open-source, democratic AGI principles.
FAQs
Q: How do I convert AGIX/OCEAN to FET?
A: Use the migration portal on SingularityDAO dApp post-July 1.
Q: Will FET trading halt during Phase II?
A: No. FET trades continue until exchanges migrate to ASI.
Q: What chains support ASI?
A: Ethereum, Binance Smart Chain, and more via EVM bridges.
👉 Learn about ASI’s multi-chain roadmap
About the ASI Alliance
The ASI Alliance (Fetch.ai, SingularityNET, Ocean Protocol) is the largest open-source AI R&D collective, advancing decentralized AGI.
- Fetch.ai: AI agent technology for smart ecosystems.
- SingularityNET: Democratizing AGI under Dr. Ben Goertzel.
- Ocean Protocol: Decentralized data marketplace for AI.
For details, visit: superintelligence.io
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