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SingularityNET Sets Dates for ASI Token Merger with FET, AGIX, and OCEAN

SingularityNET (AGIX) has confirmed the official dates for the Artificial Superintelligence Alliance (ASI) token merger, a crucial step in bringing together the fetch.ai (FET), AGIX, and Ocean Protocol (OCEAN) communities.

 The merger, scheduled to commence on June 11 and conclude on June 13, will see FET tokens renamed ASI at a 1:1 ratio, while AGIX and OCEAN tokens will be converted at ratios of 1:0.433350 and 1:0.433226, respectively. ERC-20 tokens will be available for swapping FET to ASI on June 11, with AGIX and OCEAN following on June 13. SingularityNET will provide detailed instructions for token migration, ensuring a secure process on their decentralized AI platform. 

This merger aims to establish the largest open-sourced decentralized AI network, serving over 200,000 tokenholders. Concurrently, OpenAI’s ChatGPT Edu initiative seeks to enhance AI integration in education, with several prominent universities already utilizing its services.

June 2024, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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