Crypto

Important information for FET, AGIX and OCEAN token holders

July 16, 2024

Fetch.ai, SingularityNET and Ocean Protocol have joined forces to form the Superintelligence Alliance, a collaboration between three leading decentralized AI companies. As part of this alliance, the tokens from these projects (FET, AGIX, OCEAN) will be merged into one new token: the Artificial Superintelligence (ASI) token.

Unfortunately, BCM will NOT support the merge at this time. The reason is that the parties providing us with liquidity for these tokens have decided not to support the merge. We deeply regret this and hope for your understanding. Below is what you can currently do with your FET, AGIX and OCEAN tokens.

Merge process by ASI

Facilitated by the Superintelligence Alliance, the merge is in two phases:

  • Phase 1: AGIX and OCEAN will temporarily merge into FET. Currently, users can convert their OCEAN tokens to FET on the BCM platform.
  • Phase 2: The Fetch.ai network will be upgraded to the ASI network. Later, users will be able to convert their FET tokens to ASI.

At superintelligence. io you can find all the information on how to convert AGIX to FET, how to convert FET to ASI soon, and the URL to the token merge portal. There is no deadline for merging your tokens.


Options for AGIX holders

At this time, BCM is unable to provide suitable trading pairs for AGIX. AGIX has been placed under maintenance for this reason. We are working hard to find a solution. As soon as this solution is found, AGIX holders will be notified by email.

Options for OCEAN holders.

  1. Convert to FET: OCEAN tokens can be converted to FET at BCM by using the any-to-any functionality in preparation for merge from FET to ASI.
  2. Record to another, external wallet: OCEAN tokens can be recorded via the ERC20 network to a self-custodial wallet and converted there itself to FET.
  3. Selling: OCEAN tokens can be sold for euros.
  4. Do nothing: OCEAN tokens can remain in the BCM account until there are further updates.

Options for FET holders

  1. Record to another, external wallet: FET tokens can be recorded via the ERC20 network to a wallet that does support merge.
  2. Doing the merge yourself: FET tokens can be recorded to a self-custodial wallet and then, once Phase 2 is initiated, do the merge from FET to ASI yourself.
  3. Selling: FET tokens can be sold for euros.
  4. Do nothing: FET tokens can remain in the BCM account until there are further updates.

Questions?

BCM's support department is ready to help with any questions. Please feel free to contact us for more information.