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Fetch AI Offers Perception into Merger with AGIX and OCEAN

Welcome to the interesting entire world of the ASI token merger showcasing Fetch AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) – a transformative occasion for AI tokens. Get completely ready for the action as Fetch AI shares important facts about the merger, scheduled to start on July 1, 2024.

Prepare for a groundbreaking alter with the ASI token merger that aims to unite these three tokens into just one strong token, marking the dawn of a new era for the Artificial Superintelligence Alliance.

Get the Within Scoop on the ASI Token Merger

This significant transformation will unfold in two essential phases. In the beginning, SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens will merge into Fetch AI (FET), foremost the way for the changeover to ASI. During this first phase, FET investing will continue devoid of interruption, guaranteeing a easy rebranding approach throughout big platforms like CoinMarketCap and CoinGecko.

On July 1, 2024, the rebranding will officially kick off, updating project names, logos, and closing AGIX and OCEAN deposits. FET deposits and buying and selling will proceed as regular, although a migration system will be readily available on the SingularityDAO decentralized software (dApp).

This stage will emphasis on engaging exchanges and data aggregators to facilitate a seamless transition. Bear in mind, there is no rush the priority is to set up a reliable foundation for the rebranding approach.

The 2nd stage will middle on neighborhood involvement and the distribution of ASI tokens. This step will prioritize token holders running their have property, deploying ASI tokens on several chains, and introducing new migration contracts for Fetch AI updates to ASI.

Important dates to mark on your calendar consist of July 1 for the conversion and roll-out of ASI branding. Conversion premiums are set at 1 AGIX = .433350 ASI, 1 OCEAN = .433226 ASI, and 1 FET = 1 ASI.

ASI Token Merger
Supply: Fetch AI, X

Keep Inform for Ripoffs During the Transition

The changeover from FET to ASI will introduce new migration contracts for AGIX and OCEAN tokens nonetheless to change to FET, as very well as for Ethereum Digital Machine (EVM)-dependent FET. All FET Mainnet tokens will immediately convert to ASI in the course of Fetch AI’s mainnet update.

Fetch AI reassures that “the migration contracts will continue to be open up for many years,” supplying sufficient time for all holders to transform their tokens, even these locked in staking or other courses.

In addition, caution is key all through this changeover. Be cautious of impersonation scams, faux one-way links, and fraudulent social media accounts. Verify info by means of official channels for a protected changeover.

The ASI token merger signifies a sizeable milestone for AI cryptocurrencies, likely location a new benchmark for token integration and rebranding in the crypto sphere. The emphasis now is on ensuring a sleek changeover and leveraging the renewed enthusiasm surrounding the ASI token.

FET Token PriceFET Token Price
FET Token Selling price

As the merger approaches, the selling prices of all three cryptocurrencies knowledgeable a downward pattern these days. FET’s selling price diminished by 4.18% to $1.61, with a 33% rise in buying and selling volume to $281.78 million. In addition, AGIX’s price tag dropped by 4.24% to $.6636.

AGIX Token PriceAGIX Token Price
AGIX Token Rate

Likewise, OCEAN’s selling price observed a virtually 4% drop in the past 24 several hours, with a 8% fall in its one particular-working day buying and selling volume to $76.73 million.

OCEANToken PriceOCEANToken Price
OCEAN Token Price

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