ASI token merger of three AI protocols, Fetch.ai, SingularityNet and Ocean Protocol is scheduled to occur on July 15. Binance is set to start ASI token trading on July 5, ahead of the scheduled merger. FET, AGIX and OCEAN wiped out nearly 16% of their value in the past seven days. The three protocols’ tokens will continue to trade independently prior to the ASI token launch.
The alliance told FXStreet in an email that the preparation phase for the merger involves managing complex integrations, careful coordination, and attention to numerous moving parts. The dependencies are critical to a smooth merger process and the decision to delay ASI launch was to ensure adherence to the highest standards of accuracy and efficiency. One of the largest centralized exchange platforms, Binance, announced plans to begin ASI token trading on July 5, ahead of the scheduled merger.
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