SingularityNET has officially announced the confirmed dates for the merging of the Artificial Superintelligence Alliance (ASI) token with its native AGIX token. This development signifies a major milestone in bringing together the fetch.ai (FET), AGIX, and Ocean Protocol (OCEAN) communities.
The merger, aimed at consolidating under a single decentralized artificial intelligence (AI) network, is set to commence on June 11, with the FET token undergoing a name change to ASI and concluding on June 13.
For holders of FET, AGIX, and OCEAN tokens, the merger process will involve converting these tokens into ASI tokens at specific conversion rates. FET tokens will be converted at a 1:1 ratio, AGIX at a ratio of 1:0.433350, and OCEAN at a ratio of 1:0.433226.
ERC-20 tokens will be available on June 11 for users to exchange FET for ASI tokens through a token migration contract, followed by AGIX and OCEAN on June 13.
The migration process will take place on SingularityNET’s decentralized AI platform, where users can securely swap their tokens using an audited token migration contract provided by SingularityNET. The ASI merger aims to establish the largest open-sourced decentralized network in the AI industry, catering to over 200,000 tokenholders.
In a move to facilitate the safe integration of AI into daily life, OpenAI, the developer of ChatGPT, has recently initiated an expansion into the education sector. ChatGPT Edu, an AI large language model designed for university use, provides students, faculty, researchers, and campus operations with access to “enterprise-level security and controls” tailored for educational institutions.
Notable universities such as the University of Oxford, the Wharton School, the University of Texas at Austin, Arizona State University, and Columbia University have been mentioned as users of this university-level tool and service.