#Binance announced that it supports the combination of Fetch.ai ( $FET ) SingularityNET ( $AGIX ) and Ocean Protocol ( $OCEAN ) tokens into a new ASI token.
đThis combination aims to transform these three tokens based on artificial intelligence into a single token under the name âArtificial Super Intelligenceâ (ASI). According to the announcement, the merger process is expected to be completed by July 15 due to technical and logistical difficulties.#Binancewill suspend deposits and withdrawals of #Fetch.ai#AGIXand#OCEANtokens from July 1, 2024, end same-day spot trading and futures trading in June. 25. This will end in .
đDuring this period, users are recommended to make all deposits to avoid loss of their tokens. Binance will manage all technical transition processes required for the new ASI token and will notify users.
The new ASI token is targeting a market cap of around $7.5 billion with a supply of 2.63 billion tokens. FET tokens will be converted to ASI tokens at a one-to-one ratio, while AGIX and OCEAN tokens will be converted to ASI tokens at a certain ratio.