In 2024 a major swap will happen: three leading decentralized entities will merge into one token. Fetch.ai (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) will become a single token, Artificial Superintelligence Alliance (ASI). This means that all holders of one of these tokens will have their tokens converted automatically.

This means the following:
- FET will be automatically be converted to ASI on the 11th of June at a conversion rate of 1:1;- On the 12th of June all trading, deposits and withdraws of AGIX and OCEAN will be halted. converted on the 13th of June to ASI at a conversion rate of ;
- AGIX and OCEAN will be converted on the 13th of June to ASI at a conversion rate of 1:0.433350 for AGIX and 1:0.433226 for OCEAN.

What do I have to do?

If you own any FET, AGIX and/or OCEAN tokens, you don't have to do anything. The swap will happen automatically. After the swap, Fetch.ai, SingularityNET, and Ocean Protocol are no longer available on our platform. 

What is Artificial Superintelligence Alliance (ASI)?

Artificial Superintelligence Alliance (ASI) has been announced end of March 2024 as a merge of Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) to create the largest open-source, independent player in AI research and development. The alliance addresses the rapid growth of AI projects and aims to challenge Big Tech's dominance in AI development, usage, and monetization.