The Alliance for Artificial Superintelligence announced major progress and updates on the ASI token merger, which is scheduled to be implemented on July 1, 2024. The token merger will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, and then transition to the ASI token in the future.

AGIX and OCEAN tokens will migrate to FET, with a conversion rate of 1 AGIX equal to 0.433350 FET and 1 OCEAN equal to 0.433226 FET.

Previously, Binance will support the merger of FET, OCEAN and AGIX into ASI on July 1.