The AI Super Intelligence Alliance has revealed that the ASI token merger plan will begin on July 1, marking a significant milestone in the project's development. The first phase of the plan involves the temporary merger of AGIX and OCEAN into FET, which will later be converted into ASI.

As part of the merger process, deposits and withdrawals of AGIX and OCEAN have started to close on various exchanges, while FET deposits, withdrawals, and trading will continue uninterrupted. The SingularityDAO dApp has opened a migration platform, enabling holders to convert their AGIX and OCEAN tokens into FET at a fixed exchange rate.

The conversion rates have been set at 1 AGIX equaling 0.433350 FET and 1 OCEAN equaling 0.433226 FET, with the final conversion rate being 1 FET equaling 1 ASI. The second phase of the merger plan will involve the cross-chain deployment of ASI tokens and the upgrade of the FET network to support the migration of FET, AGIX, and OCEAN to ASI.

Once the upgrade is complete, exchanges will begin to migrate the spot market from FET to ASI. Although the timetable for the second phase has not been confirmed, the successful execution of the merger plan is expected to have a significant impact on the project's future development.

The ASI token merger plan is a crucial step towards creating a unified and robust token ecosystem, and its successful implementation is eagerly anticipated by the community. With the merger plan set to commence on July 1, holders of AGIX and OCEAN tokens are advised to migrate their tokens to FET to ensure a seamless transition to ASI.