• 34ºc, Sunny

AGIX and OCEAN will first convert to FET and then transition to ASI tokens on July 1

The Alliance for Artificial Superintelligence has announced significant progress and updates regarding the ASI token merger, scheduled to begin on July 1, 2024, which will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai FET, and then transition to later ASI tokens. AGIX and OCEAN tokens will be migrated to FET, with conversion rates of 1 AGIX equal to 0.433350 FET and 1 OCEAN equal to 0.433226 FET, respectively. Previously, Binance announced that it will support the merger of FET, OCEAN, and AGIX into ASI on July 1.