SingularityNET has announced dates for token swaps amid its merger with Fetch.ai and Ocean Protocol. Over 200,000 ERC-20 token holders will have the chance to swap AGIX, FET, and OCEAN tokens for the new ASI token.
The swap begins on June 11 for FET holders and June 13 for AGIX and OCEAN holders. Conversion rates are set at 1:1 for FET, 1:0.433350 for AGIX, and 1:0.433226 for OCEAN. SingularityNET will provide step-by-step guides to assist in the swap process.
This merger, valued at approximately $7.5 billion, forms the Artificial Superintelligence Alliance, governed by a Superintelligence Collective led by Ben Goertzel and chaired by Fetch.ai CEO Humayun Sheikh. This marks a significant step in the blockchain and AI sectors, combining strengths for enhanced innovation.
The strategic merger aims to unify efforts in AI and blockchain, potentially leading to groundbreaking advancements and streamlined operations within these fields.
