Merger Date for Artificial Intelligence Projects FET, AGIX and OCEAN Has Been Clarified!

The exact date has been announced for the Artificial Superintelligence token (ASI), which will be created by the merger of Fetch.ai, SingularityNet and Ocean Protocol.

The exact date for the highly anticipated ASI token was announced as June 13, 2024. In the statement made on Fetch.ai's official website, it was stated that they will complete the merger process on June 13, 2024.

This merger will aim to offer a decentralized alternative to the dominance of large technology companies.

FET will be positioned as the alliance's reserve token. However, it will later become the Artificial SuperIntelligence – ASI Token. FET holders will be able to convert their assets into ASI safely and at a 1:1 ratio.

The new token will be minted in a total of 1.48 billion units. Of this amount, 867 million will be distributed to ASI owners and 611 million to OCEAN owners. Thus, the total token supply will be 2.63 billion ASI.

You can find details about possible scenarios that may occur after the project is launched in our previous posts.

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