Fetch.ai, Ocean, and SingularityNET merger a step closer after proposal approval

The Fetch.ai community has approved the first proposal that will see FET being renamed to ASI. The community will need to pass a vote for two more proposals for the merger to be fully approved. Fetch.ai begins recovery alongside the general crypto market. The voting process for merging Fetch.ai, Ocean Protocol, and SingularityNET continues to draw traffic as Fetch.ai's community approved the first proposal on Tuesday to change its name to Artificial Super Intelligence .

The proposals include increasing the supply of ASI tokens to accommodate the merger of AGIX and OCEAN at different specific price ratios. The merger would debut the newly formed ASI token with a market capitalization of $7.5 billion.

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