According to Odaily, SingularityNET (AGIX) has officially announced the final date for its Artificial Super Intelligence (ASI) token merger with Fetch.ai and Ocean Protocol. The merger is set to commence on June 11, under a unified decentralized artificial intelligence (AI) network. The FET token will be renamed to ASI and the process is expected to be completed by June 13.
For holders of FET, AGIX, and OCEAN tokens, the merger will involve converting these tokens into ASI tokens at specific exchange rates. FET tokens will be converted to ASI at a 1:1 ratio, to AGIX at a 1:0.433226 ratio, and to OCEAN at a 1:0.433226 ratio. The ERC-20 token will be launched on June 11, and users can convert their FET tokens to ASI tokens through a token migration contract. The exchange for AGIX and OCEAN tokens will begin on June 13.
The migration process will take place on the decentralized AI platform under SingularityNET. Users can use the audited token migration contract provided by SingularityNET to exchange tokens.
