AGIX and OCEAN will first convert to FET on July 1, and then transition to ASI tokens.

ChainCatcher news, the Artificial Superintelligence Alliance announces significant progress and updates regarding the ASI token merger, scheduled to be implemented on July 1, 2024. The token merger will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, and then transition to the future ASI token.

AGIX and OCEAN tokens will migrate to FET, with conversion rates of 1 AGIX equal to 0.433350 FET and 1 OCEAN equal to 0.433226 FET.

Previous news, Binance will support the merger of FET, OCEAN, and AGIX into ASI on July 1.