June 13 will go down in history as the day when the alliance that will create the first transparent, decentralized #AGI was born.🐣

What can you expect? 

I've put together everything you need to know about @SingularityNet, @Fetch & @oceanprotocol merger in the thread below.🧵👇

F4F! 
In the process of understanding @SingularityNet projects so I can easily explain it to you !  Building with @Token_titans 🧱

1/ 🗓️Timeline:
- June 11: $FET will be renamed $ASI. Migration bridge opens for $FET tokens.
- June 13: Token merge completion. Migration bridge opens for $AGIX and $OCEAN tokens.

3/ Market cap:
🔸The fully diluted market capitalization of #ASI will be $6 billion.
🔸This will place the @ASIAlliance_  in the top20 crypto projects and the 1st #AI crypto project.🦾

4/ Token migration
On June 11, it will be possible to swap $FET to $ASI tokens via an audited & secure token migration contract at the previously announced pegged ratios., followed by $AGIX and $OCEAN on June 13. 🔁

5/ Token on exchanges
If you have $FET, $OCEAN or $AGIX tokens on an exchange, no action is needed. 

The @ASI_Alliance is working with each exchange to ensure a smooth conversion and your holdings will automatically be converted to $ASI tokens directly by the exchange.

6/ Staking & Open positions
There have been no official announcements about staked tokens & open trades. But the @ASI_Alliance  did announce that the tokens should be prepared for the swap.
So I recommend you to unstake your tokens and to close your trades if you have any.

2/Key details:
🔸ERC20 $FET to $ASI migration bridge open at 1:1 conversion rate
🔸ERC20 $AGIX to $ASI migration bridge open at 0.433350:1 conversion rate
🔸ERC20 $OCEAN to $ASI migration bridge open at 0.433226:1 conversion rate