SingularityNET (AGIX) has officially announced the final date for its Artificial Super Intelligence (ASI) token merger with Fetch.ai and Ocean Protocol, marking a significant milestone in the development of a unified decentralized artificial intelligence (AI) network. The merger is set to commence on June 11, with the FET token being renamed to ASI and the process expected to be completed by June 13.

For holders of FET, AGIX, and OCEAN tokens, the merger will involve converting these tokens into ASI tokens at specific exchange rates. FET tokens will be converted to ASI at a 1:1 ratio, while AGIX and OCEAN tokens will be converted at a 1:0.433226 ratio. The ERC-20 token will be launched on June 11, and users can convert their FET tokens to ASI tokens through a token migration contract.

The exchange for AGIX and OCEAN tokens will begin on June 13, with the migration process taking place on the decentralized AI platform under SingularityNET. Users can use the audited token migration contract provided by SingularityNET to exchange tokens.

The merger is expected to create a unified AI network, allowing for the seamless integration of AI models and data from various sources. This will enable the development of more sophisticated AI applications and further accelerate the growth of the AI ecosystem.

The ASI token will serve as the primary token for the unified AI network, providing a common currency for AI developers and users to interact with the platform. The merger is a significant step forward for SingularityNET, Fetch.ai, and Ocean Protocol, and is expected to have a profound impact on the development of AI technology.