Odaily Planet Daily News SingularityDAO posted on X that at 23:00 today, FET will start the first phase of the ASI token merger plan with AGIX & ​​OCEAN. Earlier news, the Artificial Superintelligence Alliance announced major progress and updates on the ASI token merger. The first phase is scheduled to be implemented on July 1, 2024. Deposits and withdrawals of AGIX and Ocean will begin to be closed across exchanges to prepare for the migration process. Deposits, withdrawals and transactions of FET will proceed as usual. The migration platform from AGIX and OCEAN to FET is open on the SingularityDAO DApp, allowing holders to convert their tokens to FET. The conversion rate is 1 AGIX for 0.433350 FET and 1 OCEAN for 0.433226 FET. The second stage is the cross-chain deployment of ASI tokens. The FET network is upgraded to the ASI network. The migration contract from FET, AGIX, OCEAN to ASI is opened, EVM and other bridges are opened, and trading platforms begin to migrate from FET to ASI's spot market.