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Token merger of SingularityNET, Fetch.ai, and Ocean Protocol goes live
The post Token merger of SingularityNET, Fetch.ai, and Ocean Protocol goes live appeared on BitcoinEthereumNews.com. Key Takeaways The ASI token merger integrates FET, AGIX, and OCEAN into a unified platform to advance decentralized AI technologies. Major crypto exchanges support the new ASI token, though Coinbase opts to continue trading FET and OCEAN separately. The Artificial Superintelligence Alliance, including SingularityNET, Fetch.ai, and Ocean Protocol, announced today the launch of a multi-coin merger. Their respective tokens, including FET, AGIX, and OCEAN, will start being merged into a single unified token called ASI. Introduced in March, the merger is part of the alliance’s goal to build an ethical, decentralized AI ecosystem using resources and expertise from member companies. The team also expects to build a robust AI alternative that could challenge Big Tech’s control over AI development. As previously reported by Crypto Briefing, the token merger has two phases. Phase 1 starts with AGIX and OCEAN tokens being merged into FET. Meanwhile, FET trading continues while rebranding occurs across platforms. The migration platform is also open on the SingularityDAO dApp to facilitate the conversion of AGIX and OCEAN tokens to FET tokens. AGIX and OCEAN tokens will start being removed from various exchanges as part of the migration process. This phase focuses on onboarding exchanges and data aggregators for a smooth transition. Following phase 1, phase 2 is expected to take place in mid-July. This phase focuses on community onboarding and ASI token deployment. The ASI token merger timeline – Source: @ASI_Alliance The Fetch.ai network will undergo an upgrade to become the ASI network. The new ASI token will be introduced and deployed across multiple blockchain networks. As noted, holders of self-custodial assets will be able to convert their tokens to ASI. In addition, new smart contracts will be available to facilitate the conversion of FET, AGIX, and OCEAN tokens to ASI tokens. Ethereum Virtual Machine (EVM) and…
The post Token merger of SingularityNET, Fetch.ai, and Ocean Protocol goes live appeared on BitcoinEthereumNews.com.
Key Takeaways The ASI token merger integrates FET, AGIX, and OCEAN into a unified platform to advance decentralized AI technologies. Major crypto exchanges support the new ASI token, though Coinbase opts to continue trading FET and OCEAN separately. The Artificial Superintelligence Alliance, including SingularityNET, Fetch.ai, and Ocean Protocol, announced today the launch of a multi-coin merger. Their respective tokens, including FET, AGIX, and OCEAN, will start being merged into a single unified token called ASI. Introduced in March, the merger is part of the alliance’s goal to build an ethical, decentralized AI ecosystem using resources and expertise from member companies. The team also expects to build a robust AI alternative that could challenge Big Tech’s control over AI development. As previously reported by Crypto Briefing, the token merger has two phases. Phase 1 starts with AGIX and OCEAN tokens being merged into FET. Meanwhile, FET trading continues while rebranding occurs across platforms. The migration platform is also open on the SingularityDAO dApp to facilitate the conversion of AGIX and OCEAN tokens to FET tokens. AGIX and OCEAN tokens will start being removed from various exchanges as part of the migration process. This phase focuses on onboarding exchanges and data aggregators for a smooth transition. Following phase 1, phase 2 is expected to take place in mid-July. This phase focuses on community onboarding and ASI token deployment. The ASI token merger timeline – Source: @ASI_Alliance The Fetch.ai network will undergo an upgrade to become the ASI network. The new ASI token will be introduced and deployed across multiple blockchain networks. As noted, holders of self-custodial assets will be able to convert their tokens to ASI. In addition, new smart contracts will be available to facilitate the conversion of FET, AGIX, and OCEAN tokens to ASI tokens. Ethereum Virtual Machine (EVM) and…
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