$FET Fetch.ai (FET) is currently undergoing significant developments. The project recently announced a merger with SingularityNET, creating a new token called ASI (Artificial Superintelligence Alliance). This transition is part of a two-phase process aimed at integrating various decentralized applications and expanding their ecosystem. Users holding FET tokens will eventually migrate to ASI, with exchanges like Coinbase opting out of facilitating this process, requiring users to manage the migration independently.
Additionally, Fetch.ai has upgraded its mainnet to "Capricorn," enabling inter-blockchain communication and supporting advanced smart contracts. This upgrade allows FET tokens to interact with various decentralized exchanges within the Cosmos ecosystem.
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