Here is a concise summary of the key points regarding the merger of Fetch.ai, SingularityNET, and Ocean Protocol into the Artificial Superintelligence (ASI) Alliance:

The merger will be completed on June 13, 2024, uniting the three AI-focused protocols into a single decentralized AI network under the $ASI token.

The $FET token will be renamed to $ASI on June 11, and users will be able to swap their $FET, $AGIX, and $OCEAN tokens for $ASI at specified conversion rates through a secure token migration contract.

The combined $ASI token will have a fully diluted market capitalization of $6 billion as of May 28, 2024, positioning it to challenge Big Tech's dominance in the AI market.

The merger aims to create a decentralized, open, and scalable AI infrastructure that leverages the strengths of the three founding protocols to drive advancements in AI technology and its ethical deployment.

The ASI Alliance is led by industry pioneers Humayun Sheikh, Ben Goertzel, and Trent McConaghy, who believe this merger represents a pivotal step towards a new era of beneficial decentralized AGI and superintelligence.