• The deliberate token integrations for FET, AGIX and OCEAN have been postponed.
• The delay is as a result of logistical and technical wants of exchanges, validators, and different ecosystem companions.
• Whereas FET, AGIX and OCEAN are within the crimson, Santiment believes there’s a nice shopping for alternative for buyers.

The extremely anticipated merger of tokens by Fetch.AI, SingularityNET and Ocean Protocol below the Synthetic Superintelligence Alliance has been postponed.

The staff revealed the event in an official press assertion dated June 11. Reportedly, the brand new date for the ASI token merger has been set for July 15, 2024, one month later than initially scheduled.

This delay stems from the necessity to accommodate the logistical and technical wants of exchanges, validators, and different ecosystem companions to make sure a easy transition. The complexity of the mixing course of and the necessity for third-party collaboration has made this strategic schedule change obligatory.

Initially, Fetch.AI's FET token was scheduled to be renamed ASI on June 11, with the merger going down on June 13. Nevertheless, below the revised plan, FET, AGIX (SingularityNET's token), and OCEAN (Ocean Protocol's token) will proceed to commerce independently till the brand new merger date.

The Alliance has assured stakeholders that current tokens will stay lively on the trade till the ultimate integration is full, at which level the ASI token will likely be issued and the person tokens will likely be built-in into ASI.

Humayun Sheikh, CEO of Fetch.ai and chairman of the Synthetic Intelligence Alliance, mentioned that regardless of the delays, the dedication to constructing a decentralized superintelligence community stays unwavering.

Ben Goertzel, founder and CEO of the SingularityNET Basis and CEO of the Synthetic Superintelligence Alliance, highlighted the continued integration of AI and blockchain applied sciences in parallel with the preparations for the merger. He expects the completion of the merger to be a key milestone that can result in additional thrilling developments in AI.

Bruce Pong, founder and CEO of Ocean Protocol and a member of the Synthetic Intelligence Alliance Council, thanked the neighborhood for his or her persistence, assuring them that the merger is progressing easily and that no additional delays are anticipated.

Regardless of the delayed merger, FET, AGIX, and OCEAN haven’t skilled any important worth fluctuations exterior of the general market decline. Lately, market intelligence platform Santiment claimed that buyers who’ve accrued AI tokens corresponding to FET, AGIX, and OCEAN may see important features within the coming days.