ASI: FET, AGIX and OCEAN are expected to merge into ASI in May, with ASI scheduled to launch on May 24

According to Foresight News, according to the Fetch.ai blog, the Alliance of Super Artificial Intelligence (ASI) announced that the proposal to merge the tokens FET, AGIX and OCEAN into ASI has been approved. The merger is expected to have a total value of US$7.5 billion and is expected to be completed in early May. ASI is scheduled to launch on May 24.

The token merger will be carried out as follows: FET will be exchanged 1 to 1 for ASI, with a total supply of 2.63055 billion tokens; AGIX tokens will be migrated to ASI with a conversion rate of 0.433350 to 1; OCEAN tokens will be migrated to ASI with a conversion rate of 0.433226 to 1.