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Cryptocurrency News Articles
Fetch.ai, Ocean Protocol, and SingularityNET Merge to Create ASI, a New Crypto for the Decentralized AI Ecosystem
Jun 28, 2024 at 07:00 am
The long-awaited merger of Fetch.ai, Ocean Protocol, and SingularityNET finally has a date. This revolutionary alliance in blockchain and AI will give birth to ASI, a promising new crypto for the decentralized AI ecosystem.

The much-anticipated merger of Fetch.ai, Ocean Protocol, and SingularityNET now has a set date. This groundbreaking alliance in blockchain and AI will introduce ASI, a promising new crypto for the decentralized AI ecosystem.
The merger will unfold in two phases.
During the first stage, OCEAN and AGIX will be integrated into FET. This initial step aims to ensure a smooth transition on major listing platforms like CoinMarketCap and CoinGecko, while maintaining uninterrupted FET trading.
The teams are proceeding cautiously, emphasizing the importance of building a strong foundation for the entire process.
July 1st will mark the concrete beginning of this transformation, with the update of project names and logos, as well as the delisting of AGIX and OCEAN from exchanges.
Meanwhile, Singularity DAO will launch a migration platform on its decentralized applications, offering users an easy way to participate in this evolution.
The second phase will focus on the successful deployment of ASI and the integration of the community. The teams will prioritize self-custody holders, offering them priority access.
ASI will be launched gradually on different blockchains, with the introduction of new migration contracts. The project managers have set the following conversion rates:
This merger is a critical step towards a more robust and interconnected decentralized AI ecosystem. By combining their efforts, these projects aim to accelerate the innovation and adoption of advanced AI technologies within a decentralized framework.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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