Token merger preparation involves complex third-party integrations and coordination.
The ASI Alliance, a new alliance formed by Fetch.ai, SingularityNET (SNET), and Ocean Protocol, has announced a new date for their anticipated token merger. The event, initially set for June 13, is now slated for July 15, according to a press release shared by the team.
The merger’s preparation involves complex integrations and coordination with various third-party entities, essential for a smooth transition. This rescheduling is to ensure the seamless handling of technical and logistical requirements involving exchanges, validators, and ecosystem partners, according to the team.
“While the finalization of the ASI token merger is now scheduled for July due to necessary adjustments by our partners, the commitment and vision driving this alliance remain stronger than ever,” stated Humayun Sheikh, CEO of Fetch.ai and chairman of the Artificial Superintelligence Alliance.
“This temporary delay does not impact the substantial progress we have made towards creating a decentralized superintelligence network. Our teams are actively working with centralized exchanges to finalize the remaining steps. We appreciate the continued support and patience of our community and stakeholders as we work through these final logistical steps,” added he.
Bruce Pon, founder and CEO of Ocean Protocol and board director in the Artificial Superintelligence Alliance Council, expressed gratitude for the community’s patience and anticipation for the unified ASI token.
“We appreciate the patience of the community and look forward to a combined $ASI token that is supported by all partners, exchanges and token holders,” said Pon.
Token holders have been assured that no immediate action is required from their end, and the merger is expected to proceed without further delays, the team noted.