According to the announcement from the Artificial Superintelligence Alliance, to form a new project named Artificial Superintelligence Alliance, the project will merge 2 tokens, Ocean Protocol (OCEAN) and SingularityNET (AGIX), to convert them into Fetch.ai (FET).
ONUS will perform the merge of 02 tokens OCEAN, AGIX and convert them into FET token according to the plan as follows:
- (Spot) Converting FET, OCEAN, and AGIX to FET
- 02:00 UTC July 1: Suspend the Trading and Off-chain transaction feature for FET, OCEAN and AGIX.
- ONUS will make a separate announcement after the event is completed. The customer’s entire amount of OCEAN and AGIX will be automatically converted into FET according to the below exchange rate. The new FET token will officially be listed on ONUS, allowing users to perform Off-chain transactions and Trading with base currency VNDC or USDT
Exchange rates at the time of token merge:
- 1 OCEAN = 0.433226 FET;
- 1 AGIX = 0.433350 FET.
- (Futures) Delisting FETVNDC, OCEANVNDC, AGIXVNDC trading pairs on ONUS Futures Pro:
- 08:30 on June 25, 2024 (UTC): ONUS Pro will stop trading FETVNDC, OCEANVNDC, AGIXVNDC and stop accepting new FETVNDC, OCEANVNDC, AGIXVNDC position opening requests.
Note:
- Users will be unable to adjust their positions (margin, volume, leverage, SL/TP) after this time. ONUS Pro strongly recommends that users actively manage their positions before this time to limit risks.
- All positions will be closed at Mark Price at the time of trading halt and are expected to be processed within 7 days.
- If you need support for any unexpected problems, users can submit a ticket for handling.
About Artificial Superintelligence Alliance and FET Token
Artificial Superintelligence Alliance (ASI) is an alliance formed by three projects operating in the field of artificial intelligence (AI), including Fetch.ai, SingularityNET and Ocean Protocol. As a leading organization in AI research and development, this alliance was founded with the aim of creating a decentralized infrastructure to promote the advancement of Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI).
Fetch.ai (FET) is a utility token merged from Fetch.ai (FET), Singularitynet (AGIX), and Ocean Protocol (OCEAN) under the agreement of the Artificial Superintelligence Alliance. The merger of Fetch.ai (FET), Singularitynet (AGIX), and Ocean Protocol (OCEAN) into Fetch.ai (FET) marks a milestone in the development of AI technology in the cryptocurrency ecosystem. Experts estimate that the fully diluted market capitalization (FDV) of the FET token after a successful merger will reach $7.5 billion, with an expected price of $2.8.
