$ETH $BTC Dates for the Artificial Superintelligence Alliance (ASI) token merger, an important step towards uniting the SingularityNET (AGIX), Fetch.ai (FET) and Ocean Protocol (OCEAN) communities, have been officially announced. The merger, which will begin on June 11, will begin with the renaming of the FET token as ASI and will be completed on June 13.

For FET, AGIX and OCEAN token holders, the merger will involve the conversion of these tokens into ASI tokens at certain conversion rates. FET tokens will be converted into ASI at a rate of 1:1, AGIX at a rate of 1:0.433350 and OCEAN at a rate of 1:0.433226.

ERC-20 tokens will be available on June 11 for users to convert FET to ASI tokens through a token migration agreement, followed by AGIX and OCEAN on June 13.

The ASI merger aims to create the largest open-source decentralized network in the AI ​​industry, hosting over 200,000 token holders. The ASI token will function across a unified decentralized AI network, providing unprecedented scale and power.

The migration process will take place on SingularityNET's decentralized AI platform, users will be able to securely exchange their tokens using an audited token migration contract provided by SingularityNET.