News

Artificial Superintelligence Alliance Will Launch on July 15

Key Points:

  • Due to logistical challenges, the merger of FET, AGIX, and OCEAN tokens, scheduled for June, was rescheduled for July 15, 2024.
  • The Artificial Superintelligence Alliance says the delay aims to ensure smooth integration and accommodate exchanges, validators, and ecosystem partners for optimal execution.
  • Until the merger, FET, AGIX, and OCEAN tokens will continue to trade independently.
There has been a delay in this long-awaited token merger between FET, AGIX, and OCEAN under the AI projects of Fetch.ai, SingularityNET, and Ocean Protocol, respectively, that has been the talk of many. This ardent integration, first scheduled for June, had gone as far as not happening.
Artificial Superintelligence Alliance Will Launch on July 15 2

Artificial Superintelligence Alliance Delays Merger

However, instead, a new date for the Artificial Superintelligence Alliance (ASI) token merger was announced: July 15, 2024. The rescheduling is due to the logistical and technical complexity required to align several exchanges, validators, and other collaborating members.

The Artificial Superintelligence Alliance, however, stressed the importance of conducting the token merger smoothly. Managing complex integrations and third-party dependencies is essential to delivering what stakeholders have asked for.

Impact on Trading and Community Experience

In the meantime, trading of FET, AGIX, and OCEAN tokens will continue independently on existing exchanges as previously. This break will provide the much-needed space for exchanges, validators, and ecosystem partners to take care of logistics requirements.

This does confirm an ASI update, a guarantee of a seamless experience for the community. This time around, the delay was strategic to maintain the highest level of accuracy and efficiency with the token merger process.

The overarching goal of the Artificial Superintelligence Alliance remains the advancement of decentralized AI through its ongoing collaborations.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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