The planned merger of Fetch.ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN) into Artificial Superintelligence Alliance (ASI) has been postponed to July 15.
In March, the three networks announced intentions to unify their tokens into the ASI token, with a total supply of 2.63055 billion tokens. The move aims to establish ASI as the AI industry’s largest open-source, decentralized network and challenge major tech companies’ dominance in AI development and commercialization.
Cause of delay
In a June 11 statement to CryptoSlate, the projects said the delay was caused by a need to meet their ecosystem partners’ technical requirements.
They further explained that the rescheduling would ensure a seamless transition to the new ASI network and token, as the preparation for the token merger involves managing complex integrations and coordinating numerous elements.
Originally, FET token holders were set to migrate to ASI through a token migration contract on June 11, with AGIX
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