The artificial intelligence landscape is undergoing a transformative shift with the launch of the Artificial Superintelligence Alliance (ASI)—a groundbreaking convergence of three pioneering blockchain-based AI platforms: Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX). This strategic merger marks a pivotal moment in the evolution of decentralized AI, aiming to consolidate resources, expand technological capabilities, and position the newly unified ecosystem as a global leader in open, autonomous intelligence.
Set to unfold in two well-defined phases starting July 1, 2024, the ASI token merger is more than a technical upgrade—it’s a bold step toward democratizing access to advanced AI systems, free from centralized control.
Phase I: Consolidation Under FET on Ethereum
The first phase of the ASI token merger focuses on unifying AGIX and OCEAN tokens into Fetch.ai’s FET on the Ethereum blockchain. This foundational step ensures a seamless integration of communities, liquidity, and infrastructure ahead of the broader rollout.
Key Actions in Phase I
- Token Conversion: AGIX (SingularityNET) and OCEAN (Ocean Protocol) will be merged into FET using predefined conversion ratios.
- Blockchain Requirement: All token holders must have their assets on the Ethereum network to participate. Users holding tokens on other chains—such as Cardano or Polygon—are advised to bridge their assets to Ethereum before July 1.
- Rebranding Initiative: The combined project will officially adopt the Artificial Superintelligence Alliance brand across websites, social platforms, and developer tools.
- Exchange Listings: While AGIX and OCEAN begin delisting from major exchanges, FET will continue trading normally across spot and perpetual markets.
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What Token Holders Need to Know
For users with tokens stored on centralized exchanges like Binance, the process is fully automated. No action is required—your AGIX and OCEAN holdings will be converted to FET at the correct ratio on July 1, with a smooth transition to ASI expected by mid-July.
However, if you're using self-custody wallets (e.g., MetaMask, Ledger), you’ll need to manually initiate the migration via the official SingularityDAO dApp. Detailed guides and step-by-step tutorials will be provided to ensure a user-friendly experience.
Note: Staked FET tokens will not require immediate action. They will be automatically migrated during Phase II, with staking rewards continuing uninterrupted.
Phase II: Launch of the ASI Token and Multi-Chain Expansion
Phase II ushers in the full realization of the ASI vision: a scalable, interoperable, and community-driven superintelligence network.
Core Upgrades in Phase II
- Multi-Chain Deployment: The new ASI token will be deployed across multiple blockchains, including Ethereum, Polygon, and Cardano, ensuring broad accessibility and reduced transaction costs.
- Network Rebranding: The Fetch.ai network will be upgraded and rebranded as the ASI network, reflecting its expanded mission and capabilities.
- New Migration Contracts: Smart contracts will allow direct conversion of FET, AGIX, and OCEAN into ASI.
- Exchange Market Migration: Spot markets will gradually shift from FET to ASI, aligning trading pairs with the new ecosystem standard.
ASI Conversion Ratios
- 1 FET = 1 ASI (1:1 conversion)
- 1 AGIX = 0.43350 ASI
- 1 OCEAN = 0.433226 ASI
These ratios reflect the relative valuations and circulating supplies of each token, ensuring a fair and transparent consolidation.
How to Convert Your Tokens: Step-by-Step Guide
The migration process is designed for simplicity and security. Whether you're a long-time AGIX holder or a recent FET investor, here's how to participate:
- Visit the official SingularityDAO dApp (note: only use verified URLs).
- Connect your wallet (MetaMask, Trust Wallet, Ledger, etc.).
- Navigate to “MORE” → “MIGRATE”.
- Select the token you wish to convert (AGIX or OCEAN).
- Approve the migration amount and click “MIGRATE”.
- Confirm the transaction in your wallet interface.
After conversion, if your wallet doesn’t display the new FET balance automatically, use the “Add to Wallet” feature within the dApp to import the token contract.
Important Security Reminders:
- The conversion window will remain open for years—there’s no rush.
- Only use official smart contracts; never share your seed phrase or private keys.
- Standard gas fees apply, but there are no additional conversion charges.
Liquidity providers should note: funds must be manually withdrawn from existing pools and reallocated to updated ASI-compatible liquidity pools to maintain yield efficiency.
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Why This Merger Matters for Decentralized AI
The creation of the Artificial Superintelligence Alliance isn't just about tokenomics—it's about building a resilient, open-source alternative to closed corporate AI systems. By combining Fetch.ai’s autonomous agents, Ocean Protocol’s data-sharing marketplace, and SingularityNET’s AI service network, ASI aims to:
- Enable seamless AI-to-AI communication
- Democratize access to high-quality training data
- Foster a decentralized economy for AI models and services
- Accelerate innovation through open collaboration
This synergy positions ASI as a formidable competitor to Big Tech’s centralized AI monopolies.
Frequently Asked Questions (FAQ)
Q: Do I need to do anything if my tokens are on Binance?
A: No. Centralized exchanges will handle the conversion automatically. Your tokens will be updated to FET (and later ASI) without any action required.
Q: Can I convert AGIX or OCEAN directly to ASI in Phase I?
A: Not yet. Phase I converts AGIX and OCEAN into FET. The switch to ASI happens in Phase II.
Q: Will staking rewards be paused during the migration?
A: No. Staked FET holders will continue earning rewards. Migrations for staked tokens occur automatically in Phase II.
Q: Is there a deadline for conversion?
A: No strict deadline. The migration portal will remain open for years, allowing users ample time to convert at their convenience.
Q: Can I use hardware wallets like Ledger for migration?
A: Yes. All major hardware and software wallets are supported through standard Web3 interfaces.
Q: What happens to liquidity pools during the transition?
A: Liquidity providers must withdraw and restake in updated pools post-migration to continue earning rewards efficiently.
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Looking Ahead: The Future of ASI
With rigorous testing completed and expert teams overseeing every stage, the transition is engineered for reliability and minimal disruption. While exchanges may experience brief downtime during updates, these are planned and temporary.
As the ASI ecosystem matures, users can expect enhanced performance, broader use cases—from DeFi intelligence to supply chain automation—and deeper integration across Web3 and AI domains.
The ASI token merger is more than a consolidation; it’s a declaration of intent: to build a decentralized future where artificial superintelligence serves humanity openly, fairly, and collectively.
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