Artificial Superintelligence Token (ASI)
Good day everyone,
I hope you are all having a good day, welcome to CryptoGod-1’s blog on all things crypto. In this post I will be looking at the collaboration between Fetch.ai, SingularityNET, and Ocean Protocol to merge their tokens and create a new, super-powerful AI token called Artificial Superintelligence (ASI).
Artificial Superintelligence
The announcement of the merger between the three giants of AI was made back in March 2024, although the merger will not be a simple straightforward swap. Currently each token holds a different value, and ensuring a fair and equal transition happens is of paramount when they are being exchanged at different rates.
The announcement has stated that 1 FET will be exchanged for 1 ASI, while 1 AGIX will convert to 0.433350 ASI and 1 OCEAN to 0.433226 ASI. After the merger, there will be a total of 2.63055 billion ASI tokens.
The merger will happen in two phases, with Phase 1 taking place on the 1st of July 2024 and focusing on consolidating SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens into Fetch.ai’s FET tokens. The second phase will begin in mid July and will engage the community and introduce the new ASI tokens. FET will continue to trade as rebranding takes place across various platforms. This process is…
