Artificial Superintelligence Alliance (ASI) postpones token merge FET, OCEAN, AGIX: New date July 15, 2024
The Artificial Superintelligence Alliance, consisting of SingularityNET, Fetch.ai and Ocean Protocol, has announced that the planned token merge has been postponed from June 13, 2024 to July 15, 2024. This adjustment is necessary to meet the logistical requirements and technical dependencies of exchanges, validators and other ecosystem partners.
Complex integration requires careful coordination
Preparing the token merge is a complex process that requires precise coordination and attention to detail. The dependence on third parties plays a crucial role in this. While the postponement is disappointing, the Artificial Superintelligence Alliance emphasizes that this is a strategic decision to conduct the merge with the highest standards of accuracy and efficiency.
New timeline for token merge
Originally, FET was going to be renamed ASI on June 11, followed by the token merge on June 13. According to the new schedule, FET, AGIX and OCEAN will merge into the new ASI token on July 15. Until then, the existing tokens will continue to be traded independently of each other on exchanges.
Support and guidance
The official channels of FET, AGIX, Ocean and ASI will provide support during the process. Token contracts, migration contracts and possible audits will be shared in the coming week. Tokenholders do not need to take any action at this time.
Vision and commitment remain strong
Despite the postponement, the vision and commitment of the Artificial Superintelligence Alliance remain as strong as ever. Humayun Sheikh, CEO of Fetch.ai and chairman of the alliance, emphasizes that the temporary delay will not affect the significant progress made towards a decentralized super-intelligence network.
Conclusion
Although the token merge is now scheduled for July 15, the partners of the Artificial Superintelligence Alliance are hard at work completing the remaining steps with exchanges. The community and stakeholders are thanked for their patience and support during this process. With the completion of the triple token merge in sight, the alliance looks forward to a series of exciting milestones in the future, including the development of advanced AI systems and ultimately super intelligence.
What does this mean for you as a BLOX user?
Do you want your FET, AGIX and OCEAN credits to be exchanged for Artificial Superintelligence Alliance? Then you don’t have to do anything! BLOX does this automatically for you and the coins are therefore automatically adjusted in your safe. After this, Fetch.ai, SingularityNET and Ocean Protocol will no longer be available. When your FET, AGIX and/or OCEAN credits have been successfully converted, this will be shared with you by email or push message.
