ASI Token Merger: Key Details Before July 1st🤯

Starting July 1, 2024, the ASI token will unify the AGIX, OCEAN, and FET tokens into a single entity. This merger is part of the Artificial Superintelligence Alliance's (ASI) initiative to streamline their token ecosystem.

Fetch.ai, a key player in this merger, has issued a warning to be wary of scams during the migration process. They urge users to verify information only from official sources to avoid falling prey to fraudulent activities.

What You Need to Know:

1. Automatic Conversion on Exchanges: If you hold AGIX or OCEAN tokens on centralized exchanges like Binance, your tokens will automatically convert to FET. No action is required on your part.

2. Migration Phases:

- Phase 1: This phase will merge AGIX, OCEAN, and FET on the Ethereum blockchain. Holders on other blockchains need to bridge their tokens to Ethereum to participate.

- Phase 2: For those on other chains like Cardano or Polygon, support will come later. This phase also focuses on onboarding community members who self-custody their funds.

3. Rebranding and Trading:

As of July 1, the ASI branding will take over across platforms. AGIX and OCEAN will merge under the FET ticker, and trading will continue uninterrupted. - Deposits and withdrawals for AGIX and OCEAN will halt, while FET transactions will remain unaffected.

4. New Token Rollout: Mid-July will see the transition from FET to the new ASI token. Self-custodied token holders on Ethereum will receive detailed guidance for a smooth migration.

5. Security Caution:

During this transition, be vigilant against scams. Official sources will never ask for private information like seed phrases.

Always confirm updates from Fetch.ai or the Artificial Superintelligence Alliance's verified channels.For a comprehensive guide on the token migration, visit the official resources provided by Fetch.ai and the Artificial Superintelligence Alliance.

Stay informed and secure during this pivotal shift in the ASI token landscape.