According to PANews, the final date for the merger of Fetch.AI, SingularityNET, and Ocean Protocol tokens has been postponed from June 13, 2024, to July 15, 2024. The official statement suggests that this adjustment in the timeline was necessary to accommodate the logistical needs and technical dependencies of exchanges, validators, and a broader ecosystem of collaborators. The preparatory phase of the token merger involves managing complex integrations, careful coordination, and attention to numerous active parts.
These third-party dependencies are crucial for the smooth execution of the token merger process, ensuring that all stakeholders' needs are fully met. The existing FET, AGIX, and OCEAN tokens will continue to trade independently on exchanges. Once the third-party integration is completed, the ASI token will be launched, and FET, AGIX, and OCEAN will cease independent trading and merge into the ASI token.