$ASI (Artificial Superintelligence Alliance) token merger delayed until July 15 – DiarioBitcoin

The token merger of Fetch.ai, SingularityNET and Ocean Protocol is postponed to July 15 to ensure a smooth transition.***

• Fetch.ai, SingularityNET and Ocean Protocol formed an alliance to create a unified ASI token.
• The merger date was postponed from June 13 to July 15.
• FET, AGIX and OCEAN tokens will continue to trade independently until the merger.

London, United Kingdom – June 2024. The Artificial Superintelligence Alliance (ASI), formed by Fetch.ai, SingularityNET and Ocean Protocolhas announced a change in the date for its long-awaited token merger.

Initially scheduled for June 13, the merger will now take place on July 15, according to a press release shared by the team.

An Ethical and Decentralized Ecosystem

In March, Fetch.ai, SingularityNET and Ocean Protocol They came together to create an ethical and decentralized artificial intelligence ecosystem. As part of this initiative, their respective tokens, FET, AGIX and OCEAN, will be merged into a single token called Artificial Superintelligence (ASI). This merger aims to enhance collaboration and efficiency in the development of artificial intelligence technologies.

The preparation process for this merger involves complex integrations and coordination with various external entities. According to the team, the postponement seeks to ensure a smooth transition, ensuring that technical and logistical requirements involving exchanges, validators, and ecosystem partners are properly handled.

Commitment and Vision

Humayun Sheikh, CEO of Fetch.ai and President of the Artificial Super Intelligence Alliance, stated: “Although the completion of the ASI token merger is now scheduled for July due to necessary adjustments by our partners, the commitment and vision driving this alliance remains stronger than ever. never”.

Sheikh also stressed that this temporary delay does not affect the substantial progress made towards the creation of a decentralized superintelligence network. “Our teams are actively working with centralized exchanges to finalize the remaining steps. “We appreciate the continued support and patience of our community and stakeholders as we complete these final logistical steps,” he added.

Technical Details and Procedures

Until technical integrations with third-party platforms are finalized, FET, AGIX and OCEAN tokens will continue to be traded independently. Once the ASI token is launched, the current tokens will no longer be traded individually and will be merged into ASI.

Token holders have been assured that no immediate action is required on their part, and the merger is expected to proceed without further delays. According to the team, more information regarding token contracts, migration procedures, and audits will be shared this week.

Gratitude and Expectations

Bruce Pon, founder and CEO of Ocean Protocol and board director at the Artificial Superintelligence Alliance, expressed gratitude for the community’s patience and anticipation for the unified ASI token. “We appreciate the community’s patience and look forward to a combined $ASI token that is supported by all partners, exchanges and token holders,” Pon said.

The Artificial Superintelligence Alliance promises to share additional details as the new merger date approaches, assuring the community that they are committed to a transparent and efficient process.

The token merger represents a significant step towards creating a decentralized AI ecosystem. The collaboration between Fetch.ai, SingularityNET and Ocean Protocol seeks to combine resources and technology to promote the development of advanced and ethical solutions in AI. These types of initiatives are crucial in a context where artificial intelligence technology is constantly evolving and becomes an increasingly powerful and omnipresent tool in various sectors.

This alliance not only focuses on technological innovation but also on ethics, ensuring that the development of AI benefits society as a whole. The creation of the ASI token is a manifestation of this commitment, providing a unified and efficient means for collaboration and value exchange within the AI ​​ecosystem.

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Sources: Fetch.ai, SingularityNET, Ocean Protocol, DiarioBitcoin
Original image from DiarioBitcoin, free to use, licensed under Public Domain

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