Three prominent AI protocols — Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) — decided to merge, creating the Artificial Superintelligence (ASI) Alliance and the ASI token. As part of the merge process, AGIX and OCEAN tokens will be converted to FET ones.
CEX.IO will handle this transition as follows:
Phase 1 (June 30, 2024)
Starting June 30, 2024, at 7:00 a.m. UTC, deposits and withdrawals for AGIX and OCEAN tokens will be suspended. Conversion and trading functionality will also end for these tokens. All outstanding orders on AGIX and OCEAN markets will be closed.
Users can exchange their AGIX and OCEAN tokens before June 30, 2024, as usual.
Users with OCEAN and AGIX tokens in CEX.IO Spot Trading subaccounts should transfer them to their CEX.IO Wallet before June 30, 2024, to facilitate the process. Otherwise, we’ll transfer relevant funds to user Wallet balances automatically.
FET operations will remain unaffected.
Phase 2 (July 1, 2024 - July 5, 2024)
A snapshot of AGIX and OCEAN user balances will be taken.
User funds in AGIX and OCEAN will be converted* into FET, following the official conversion rates:
1 AGIX to 0.433350 FET.
1 OCEAN to 0.433226 FET.
* Please note that If a user's balance in OCEAN and/or AGIX is lower than the minimum withdrawal amount for these respective tokens on CEX.IO, automatic conversion to FET will not be executed.
Phase 3 (To be determined**)
ASI token will be listed on CEX.IO.
The Fetch.ai network will transition to the Artificial Superintelligence network.
FET tokens will migrate to ASI at a 1:1 conversion rate.
**Details for Phase 3 will be provided once there is an official announcement from the Artificial Superintelligence Alliance. This notice will then be updated accordingly.
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