Before we get into the tutorial of how to swap your FET/AGIX/OCEAN to ASI, lets go into what exactly this merger is:

The merger aims to create a robust decentralized AI network that could potentially challenge the dominance of big tech companies in AI. This alliance is envisioned as a step towards developing decentralized “superintelligence”, emphasizing the democratization of AI technology and broadening access to advanced AI resources.

Key Details:

FET will convert 1:1 to ASI as the base currency, while AGIX and OCEAN will convert at approximately a 0.43 conversion rate.

• $FET is renamed $ASI, with a total supply of 2.63055 billion tokens
• $FET will migrate to $ASI, at a conversion rate of 1 $FET to 1 $ASI
• $AGIX tokens migrate to $ASI, at a conversion rate of 1 $AGIX to 0.433350 $ASI
• $OCEAN tokens migrate to $ASI, at a conversion rate of 1 $OCEAN to 0.433226 $ASI

Below is the official guide from ASI to learn more:

https://x.com/ASI_Alliance/status/1808431328003567944

Now, how do we swap?

The migration is happening in two phases.

Phase 1 (Began on July 1st):

• The first phase is to temporarily convert AGIX and OCEAN to FET, before FET is swapped 1-1 to ASI.
• As we near the midpoint of July, AGIX and OCEAN will slowly be delisted by major exchanges.
• If you are holding your funds on major exchanges like Binance, KuCoin, Bitfinex, HTX, Bitget, and Crypto.com, no need to do anything. These exchanges announced participation in the merger and will merge your ASI and OCEAN to FET automatically. No action is required.