According to Odaily Planet Daily, decentralized AI entities Fetch.ai, SingularityNET, and Ocean Protocol plan to complete the merger of the Artificial Super Intelligence Alliance (ASI) by June 2024. The merger will unify the native tokens of these AI-centric protocols into ASI tokens with a total supply of 2.63055 billion. The market value of the new token was $5.8 billion as of May 28.

FET token holders can migrate to ASI through the token migration contract until June 11. Similarly, holders of SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens can swap their tokens until June 13. The merger is expected to be completed within three months of the initial proposal.