The Artificial Superintelligence Alliance (ASI) represents a groundbreaking merger between Fetch.ai, Ocean Protocol, and SingularityNET. This initiative consolidates their native tokens under a single new ticker—ASI—forming a robust decentralized AI ecosystem. Designed to challenge centralized tech giants, this alliance aims to accelerate the development of ethical, open artificial intelligence.
Scheduled to commence on July 1, 2024, the merger will unfold in two phases. The first focuses on uniting SingularityNET’s AGIX and Ocean Protocol’s OCEAN tokens with Fetch.ai’s FET on the Ethereum blockchain. The second phase will introduce the new ASI token across multiple networks.
This guide covers everything you need to know about the merger, from conversion steps to long-term implications for the decentralized AI landscape.
Phase 1: Initial Consolidation
The first phase centers on merging tokens within the Ethereum ecosystem.
Token Consolidation on Ethereum
During this stage, AGIX and OCEAN tokens will merge into FET. Holders on other blockchains must bridge their assets to Ethereum to participate. Alternatively, users can wait for Phase 2, when additional networks like Cardano and Polygon will be supported.
Rebranding Initiative
The unified project will operate under the name Artificial Superintelligence Alliance. Major platforms, including exchanges and wallets, will reflect this rebranding.
Token Migration Process
The migration process for AGIX and OCEAN tokens will occur via the SingularityDAO decentralized application (dApp). Centralized exchanges will begin delisting these tokens as the merger progresses.
Trading Continuity
Throughout Phase 1, spot and perpetual trading will continue under the FET ticker without interruption.
Note for Exchange Users: If you hold tokens on centralized platforms like Binance, no action is required. Your AGIX and OCEAN tokens will be automatically converted to FET on July 1, with a seamless transition to ASI in mid-July.
Self-custody holders on Ethereum will receive detailed instructions and video tutorials to assist with the migration.
Phase 2: Full ASI Integration
The second phase marks the official launch of the ASI token and network upgrades.
Multi-Chain Deployment
The ASI token will be deployed across several blockchains, enhancing accessibility and interoperability.
Network Upgrade
The Fetch.ai network will undergo a significant upgrade and rebrand to become the ASI network.
New Migration Contracts
New smart contracts will be released to facilitate the conversion of FET, AGIX, and OCEAN tokens to ASI.
Exchange Migration
Supported exchanges will transition their spot markets from FET to ASI, ensuring continuous trading availability.
Official Conversion Rates
The token conversion will use the following fixed ratios:
- 1 FET = 1 ASI
- 1 AGIX = 0.433350 ASI
- 1 OCEAN = 0.433226 ASI
These rates ensure fairness and consistency throughout the migration.
How to Convert Your Tokens
The ASI token will be compatible with all major software wallets (e.g., MetaMask, Trust Wallet) and hardware wallets (e.g., Ledger, Trezor). To manually convert tokens in self-custody:
- Connect your wallet to the SingularityDAO dApp.
- Navigate to the “MORE” section and select “MIGRATE.”
- Approve the migration amount and confirm the transaction.
New token holders may need to add the token contract to their wallets to display balances correctly. The migration portal includes an “Add to Wallet” feature for convenience.
👉 Explore the official migration portal
Key Recommendations and Notes
- The conversion window will remain open for years. There is no urgency to migrate immediately.
- Always use official conversion contracts. Avoid third-party links or tools.
- Standard network fees apply, but there are no additional conversion costs.
- Never share private keys or seed phrases during the process.
Special Cases:
- Staked FET tokens will be automatically migrated in Phase 2. Rewards will continue uninterrupted.
- Liquidity providers must manually withdraw from existing pools and migrate to updated ASI liquidity pools.
Expected Impact and Future Outlook
The ASI merger is a landmark event in decentralized AI. By combining resources and expertise, the alliance strengthens its position against centralized AI developments.
Users can expect enhanced performance, broader utility, and new application scenarios for the ASI token. This collaboration may also inspire further innovation in open AI ecosystems.
Frequently Asked Questions
What is the Artificial Superintelligence Alliance?
It is a merger of three leading AI projects: Fetch.ai, Ocean Protocol, and SingularityNET. The alliance aims to create a decentralized AI infrastructure that is resilient, transparent, and collaborative.
Do I need to migrate my tokens if I hold them on an exchange?
No. If your tokens are on a supported centralized exchange, the conversion will be automatic. You only need to act if you use self-custody wallets.
What happens if I miss the migration deadline?
The conversion portal will remain operational for several years. There is no need to rush, but staying informed through official channels is recommended.
Will the token merger affect staking rewards?
No. Staking rewards will continue without interruption. Staked tokens will be automatically upgraded to ASI in Phase 2.
Which blockchains will support ASI?
Initially, Ethereum will be the primary network. Support for Cardano, Polygon, and other chains will follow in Phase 2.
Is the conversion process secure?
Yes, as long as you use official links and never disclose private information. Always verify sources through official project announcements.
Stay updated by following official project channels and community forums. This merger marks a new chapter in decentralized artificial intelligence—one built on cooperation, innovation, and shared vision.