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ASI Token Merger: What You Need to Know Before July 1st

Published 06/27/2024, 08:00 PM
Updated 06/27/2024, 08:45 PM
ASI Token Merger: What You Need to Know Before July 1st

  • The ASI token merger will consolidate AGIX, OCEAN, and FET tokens into a unified ASI token starting on July 1, 2024.
  • Fetch.ai warns the community to be cautious of scams and only trust official sources during the ASI token migration.
  • Holders on centralized exchanges like Binance need not take action; their tokens will automatically convert to FET.

Fetch.ai, a participant in the upcoming Artificial Superintelligence Alliance (ASI) token merger, has issued a scam warning to users as the July 1st launch date approaches.

The merger aims to consolidate three existing tokens—SingularityNET’s AGIX, Ocean Protocol’s OCEAN, and Fetch.ai’s own FET—into a single new token called ASI.

The first phase of the ASI migration focuses on merging the three tokens on the Ethereum blockchain. Holders on other chains must bridge their tokens from their respective chains to partici…

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