FET, AGIX, and OCEAN will merge into ASI and will launch on June 11

2024-06-03 18:36:44
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ChainCatcher news, SingularityNET (AGIX) officially announces the final date for the artificial superintelligence (ASI) token merger with Fetch.ai and Ocean Protocol. The merger will begin on June 11, unifying under a decentralized artificial intelligence (AI) network, with FET being renamed to ASI and completing on June 13.

For holders of FET, AGIX, and OCEAN tokens, the merger will involve converting these tokens into ASI tokens at specific exchange rates.

FET tokens will be converted to ASI at a 1:1 ratio, to AGIX at a 1:0.433226 ratio, and to OCEAN at a 1:0.433226 ratio.

ERC-20 tokens will be launched on June 11, and users can exchange FET for ASI tokens through the token migration contract, with the exchange for AGIX and OCEAN tokens starting on June 13.

The migration process will take place on the decentralized artificial intelligence platform under SingularityNET, where users can exchange tokens using the audited token migration contract provided by SingularityNET.

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