The ASI Alliance, composed of Fetch.ai, SingularityNET (SNET), and Ocean Protocol, has rescheduled their token merger from June 13 to July 15, as announced in a press release. This collaboration aims to create an ethical and decentralized AI ecosystem by merging their respective tokens, FET, AGIX, and OCEAN, into a single token called the Artificial Superintelligence token (ASI).

The delay is due to the need for extensive integrations and coordination with third-party entities to ensure a seamless transition. The alliance emphasized that the postponement will allow for smooth technical and logistical handling involving exchanges, validators, and ecosystem partners.

Humayun Sheikh, CEO of Fetch.ai and chairman of the Artificial Superintelligence Alliance, reassured stakeholders that the delay does not affect their progress towards building a decentralized superintelligence network. The teams are actively working with centralized exchanges to finalize the necessary steps.

FET, AGIX, and OCEAN will continue to trade independently until the ASI token is launched, at which point they will merge into ASI. Token holders do not need to take any immediate action, and further details about token contracts, migration procedures, and audits will be provided soon.

Bruce Pon, founder and CEO of Ocean Protocol and a board director of the Artificial Superintelligence Alliance Council, thanked the community for their patience and looked forward to the unified ASI token supported by all partners, exchanges, and token holders.