According to Scopescan monitoring, a few hours after Fetch.ai, SingularityNET and Ocean Protocol proposed merging tokens into ASI on March 27, the SingularityNET treasury transferred 2 million AGIX to Gate.io, approximately US$2.52 million.
According to previous news, the proposed merger of SingularityNET, Fetch.ai and Ocean Protocol is called the "Artificial Superintelligence Alliance" (Artificial Superintelligence Alliance), which will make the projects' respective tokens Artificial Superintelligence (ASI).
If the proposal is approved by various communities, the Fetch.ai token FET will become ASI, with a total supply of 2.63 billion ASI and a starting price of $2.82. SingularityNET token AGIX and Ocean Protocol token OCEAN will be migrated to ASI at conversion rates of 0.43335:1 and 0.433226:1 respectively.