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Artificial Superintelligence Alliance Delays Token Merger to July

Published 06/13/2024, 03:00 AM
Updated 06/13/2024, 03:45 AM
Artificial Superintelligence Alliance Delays Token Merger to July

  • The anticipated token merger of FET, AGIX, and OCEAN has been postponed.
  • The delay is due to the logistical and technical needs of exchanges, validators, and other ecosystem partners.
  • While FET, AGIX, and OCEAN are in red, Santiment sees a profound buying opportunity for investors.

The highly anticipated merger of tokens by Fetch.AI, SingularityNET, and Ocean Protocol under the Artificial Superintelligence Alliance has been postponed.

The team disclosed this development in an official press statement dated June 11. Per the report, the new date for the ASI token merger is now set for July 15, 2024, a month later than the original schedule.

The delay stems from the need to ensure a smooth transition by accommodating the logistical and technical needs of exchanges, validators, and other ecosystem partners. The complexity of the integration process and the need for third-party collaborations have necessitated this strategic rescheduling.

Originally, Fetch.AI’s FET token was slated to be renamed to ASI on June 11, with the merger occurring on June 13. However, under the revised plan, FET, AGIX (SingularityNET’s token), and OCEAN (Ocean Protocol’s token) will…

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