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The Artificial Superintelligence Alliance (ASI) Announces the Merger of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) Tokens

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2024-07-02 06:09:301034browse

The ASI Token Merger Will Occur in Two Phases. In the first phase, currently underway, the migration of AGIX and OCEAN tokens to FET is taking place.

The Artificial Superintelligence Alliance (ASI) Announces the Merger of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) Tokens

The Artificial Superintelligence Alliance (ASI) has announced the آغاز Phase 1 of the merger of SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) tokens. A strategic initiative that combines them into a single unified token called ASI. A crucial advancement aimed at consolidating resources and capabilities in the field of decentralized artificial intelligence.

The project was recently introduced and seeks to redefine and transform the AI sector. This will be possible through the integration of specialized knowledge and technological assets from each of the involved companies. The goal is to facilitate more efficient and equitable access to advanced AI technologies, challenging the status quo of major technology corporations.

ASI Token Merger to Take Place in Two Phases

The token merger will occur in two phases. In the first phase, currently underway, the migration of AGIX and OCEAN tokens to FET is taking place. This includes the implementation of a migration platform in SingularityDAO and the gradual withdrawal of AGIX and OCEAN from exchanges. Additionally, a rebranding process for FET on various platforms is underway to facilitate the transition.

The second phase is scheduled for mid-July, when the ASI token will be deployed on multiple blockchain networks. New smart contracts and blockchain bridges will be introduced to enable seamless conversion of FET, AGIX, and OCEAN tokens to ASI. This process will span several years, ensuring orderly migration and providing detailed guidance for users and developers.

While the project is supported by major exchanges like Bitfinex, Binance, and KuCoin, Coinbase will not be directly participating in the automatic token migration. Coinbase users who wish to join the merger will need to manually convert their tokens.

According to ASI leaders Humayun Sheikh of Fetch.ai and Ben Goertzel of SingularityNET, this merger will foster collaboration and innovation in the AI industry, leading to the development of user-centric products and promoting the adoption of advanced artificial intelligence technologies within the decentralized ecosystem

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