FET, AGIX, and OCEAN merged into ASI and will start on June 11
SingularityNET (AGIX) has announced the final date for the merger of the Artificial Super Intelligence (ASI) tokens with Fetch.ai and Ocean Protocol. The merger will begin on June 11th and will unify the tokens under a decentralized artificial intelligence (AI) network. FET will be renamed ASI and the process will be completed on June 13th. For FET, AGIX, and OCEAN token holders, the merger will involve converting these tokens to ASI tokens at specific exchange rates. FET tokens will be converted to ASI at a ratio of 1:1, to AGIX at a ratio of 1:0.433226, and to OCEAN at a ratio of 1:0.433226. The ERC-20 tokens will be launched on June 11th, and users can exchange FET for ASI tokens through a token migration contract, which will then open for the exchange of AGIX and OCEAN tokens on June 13th. The migration process will take place on SingularityNET's decentralized AI platform, and users can use the audited token migration contract provided by SingularityNET to exchange tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
House Republicans urge SEC to revoke crypto custody rule
Celestia Foundation secures $100M capital led by Bain Capital Crypto
Altcoin Market Soars With Major Gains as Trading Volume Surges by 166%
Ethereum Bullish Surge Faces Headwinds from Foundation Sell-Offs