SingularityNET announces ASI token integration dates for FET, AGIX, OCEAN
SingularityNET (AGIX) has officially announced the deadline for the Artificial Super Intelligence Alliance (ASI) token integration. This marks a major step towards unifying the fetch.ai (FET), AGIX and Ocean Protocol (OCEAN) communities.
The consolidation of integration under a decentralized artificial intelligence (AI) network will begin on June 11, FET token will be renamed ASI and will be completed on June 13.
Related: More crypto AI alliances emerge following $7.5B token merger
Token integration details
For holders of FET, AGIX and OCEAN tokens, the merger will involve converting these tokens into ASI tokens at certain conversion rates.
FET tokens are converted to ASI at a ratio of 1:1, AGIX at 1:0.433350, and OCEAN at 1:0.433226.
ERC-20 tokens will be available for users to exchange FET with ASI tokens in a token migration contract on June 11, followed by AGIX and OCEAN on June 13.
“In the coming days, we will provide step-by-step instructions on ERC-20 token migration, as well as additional information on the migration process for AGIX holders on Cardano.”
Related: Tokenholders approve $7.5B AI merger
Migration process explained.
The migration process occurs on SingularityNET's decentralized AI platform, where users can securely exchange their tokens using an audited token migration contract provided by SingularityNET.
The ASI integration aims to create the largest open source decentralized network in the AI industry, containing more than 200,000 tokens.
“The ASI token operates in a decentralized AI network, providing unprecedented scale and power.”
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AI pressure
In an effort to promote the safe integration of AI into everyday life, OpenAI, the creator of ChatGPT, recently launched an initiative to expand its services to the education sector.
ChatGPT Edu, a large language model for university use, provides “enterprise-level security and control” to students, faculty, researchers, and campus operations. […] For Educational Institutions”.
Oxford, Wharton, the University of Texas at Austin, Arizona State University, and Columbia University have used the tools and services at the university level.
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