The crypto world is abuzz with the impending merger of three prominent tokens - Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX). This strategic alliance, dubbed the Artificial Superintelligence (ASI) merger, is set to reshape the landscape of AI-focused cryptocurrencies.

The merger will unfold in two distinct phases, kicking off on July 1, 2024. In the first phase, AGIX and OCEAN tokens will be integrated into FET, with the latter transitioning to the new ASI token. This process will involve the delisting of AGIX and OCEAN, as well as the rebranding of project names and logos across major crypto exchanges and data aggregators.

During this initial phase, FET trading will remain uninterrupted, ensuring a seamless transition for investors. The conversion rates have been set at 1 FET = 1 ASI, 1 OCEAN = 0.433226 ASI, and 1 AGIX = 0.433350 ASI.

The second phase will focus on community engagement and the deployment of ASI tokens across multiple blockchain networks. This phase will also introduce new migration contracts to facilitate the conversion of any remaining AGIX, OCEAN, or locked FET tokens to the new ASI standard.

Fetch.ai has emphasized the importance of caution during this transition, warning against potential scams and urging users to verify information through official channels. The merger represents a significant milestone for the AI-focused crypto sector, as it aims to consolidate these three tokens into a unified, powerful platform.

As the countdown begins, the crypto community eagerly anticipates the successful integration of FET, OCEAN, and AGIX into the ASI token, which could potentially drive renewed enthusiasm and investment in the AI-driven cryptocurrency space.