The Alliance for Super Artificial Intelligence (ASI) is scheduled to launch on May 24

PANews reported on April 16 that Fetch.ai stated in its official blog that the Alliance for Super Artificial Intelligence (ASI) announced the approval of the ASI token merger, which is planned to be launched in May. The merger, which is expected to have a total value of $7.5 billion and is expected to close in early May, will combine FET, AGIX and OCEAN into ASI. ASI is scheduled to launch on May 24.

With majority approval from each community, the token merger will proceed as follows: FET becomes ASI with a total supply of 2,630.55 million tokens; AGIX tokens migrate to ASI with an exchange rate of 0.433350 to 1; OCEAN tokens Migrating to ASI, the exchange rate is 0.433226 to 1.