SingularityNET

Artificial Intelligence

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/three-major-ai-altcoins-announce-critical-merger-date/" data-wpel-link="internal">Three Major AI Altcoins Announce Critical Merger Date</a> 
<a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">Artificial intelligence</a> has many altcoins, but only a few are popular. These are taking a significant step. Three AI altcoins announced a critical date for their merger. This move may increase interest in popular alternatives like RNDR Coin. However, the merger of three major tokens is likely to trigger speculative <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">price</a> movements. 
<h2 style="text-align: justify" id="fet-agix-and-ocean-news">FET, AGIX, and OCEAN News</h2> 
On June 13, the Artificial Superintelligence Alliance (ASI) merger will be completed. We had previously announced this as breaking news. The projects, which made this decision a while ago, have completed their internal approvals. The recent announcement states: 
<blockquote> 
 “The world’s first decentralized Artificial Intelligence (AI) network SingularityNET (SNET), a <a href="https://en.coin-turk.com/binance-announces-integration-of-19-new-dapps-into-its-web3-wallet/" data-wpel-link="internal">Web3</a> platform for the new AI economy Fetchai, and a decentralized data exchange platform to protect data Ocean Protocol, today announced that the Artificial Superintelligence Alliance (ASI) merger will be completed on June 13. The newly merged $ASI token represents the largest open-source, decentralized network focused on the AI industry.” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-357342 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/ASI-Resmi-Duyuru.png" alt="" width="1098" height="491"> 
Some important details can be summarized as follows: 
<ul style="text-align: justify"> 
 <li>As of June 11, 2024, FET Coin will be renamed ASI.</li> 
 <li>The merger will be completed on June 13.</li> 
 <li>On June 13, AGIX and OCEAN will also follow FET Coin.</li> 
</ul> 
So, what will be the conversion rates for the tokens? 
<ul> 
 <li style="text-align: justify">FET will be renamed ASI at a 1:1 ratio with a total supply of 2.63 billion tokens.</li> 
 <li style="text-align: justify">AGIX tokens will convert to 0.433350 ASI Coin for each token.</li> 
 <li style="text-align: justify">OCEAN will convert at a ratio of 0.433226. In other words, roughly FET will be 1:1, and the others will be 0.433:1.</li> 
</ul> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/three-major-ai-altcoins-announce-critical-merger-date/" data-wpel-link="internal">Three Major AI Altcoins Announce Critical Merger Date</a></h5>

Three Major AI Altcoins Announce Critical Merger Date

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