Merging ASI Tokens: Prospects and Future of a Novel AI Asset

It will take audacious actions to bring humanity closer to Artificial General Intelligence (AGI).  Fetch.ai, SingularityNET, and Ocean Protocol are three blockchain-based AI initiatives that will work together to enable decentralised artificial general intelligence (AGI) and even superintelligence.  To find out how it would operate and what the ASI token's prospects are, read our explainer.

Important Takeaways

• With a new utility token called ASI, Fetch.ai, SingularityNET, and Ocean Protocol will merge into a single ecosystem known as the Artificial Superintelligence (ASI) Alliance.  Through this merger, AI technologies will be accelerated towards AGI and ASI while being guided towards decentralisation and equity.
•  The value of the three initial projects is expected to be harnessed by the new asset following the merger.  ASI is positioned to have a market capitalisation similar to that of OKB, a significant cryptocurrency exchange's utility token, and Arbitrum, the biggest Ethereum L2, taking supply metrics and price dynamics into consideration.
•  We attempt to forecast the short- and long-term value of ASI by extrapolating the price forecasts for FET, AGIX, and OCEAN.

Everything You Should Know About the Merger of ASI Tokens

The Artificial Superintelligence Project: What is it?

The Artificial Superintelligence (ASI) Alliance was established in March 2024 by three blockchain projects that are related to artificial intelligence: Fetch.ai, SingularityNET, and Ocean Protocol.  The three projects promise to work together to make sure that the rapidly developing superintelligence and artificial general intelligence (AGI) are open, decentralised, and designed with humanity's best interests in mind.

The ASI Alliance will function as an ecosystem that blends the ecosystems of the initial platforms in the interim.

•  With the help of blockchain technology and Multi-Agent Systems (MAS), Fetch.ai is a network of self-governing machine-to-machine nodes.  Through staking, the FET tokens secure the Cosmos-based blockchain and fund the deployment of modular components.
•  SingularityNET serves as a platform for decentralised AI applications and products, as well as the infrastructure that enables communication between them.  The platform's currency is their native token, AGIX.
•  Ocean Protocol creates a platform for the data economy to link interested parties and owners of desirable datasets.  Its primary use case is monetisation since the latter pays the former in OCEAN tokens.

 What are the benefits of this merger?

 In the field of artificial intelligence, the three blockchain projects have already collaborated.  A single, cohesive ecosystem will improve collaboration and interoperability for its users.  The latter is especially crucial in light of the ASI Alliance's declared objective, which is to accelerate the development of decentralised AGI and its subsequent phases.

 The merger and migration will take place over several phases due to the enormity of the undertaking.  Through the SingularityDAO dApp, OCEAN and AGIX will begin the migration to FET on July 1, the first day of the first phase.  As previously mentioned, the conversion rates into FET and ASI are identical.

 When the second phase starts, FET holders will have to act.  The migration to ASI contracts will take place during this phase, and the conversion of AGIX and OCEAN to FET will be halted.

New Statistics and Figures for ASI Tokens

In the cryptocurrency world, token mergers are not unheard of; two more examples are the Klaytn-Finschia (Kaia) and Mantle-BitDAO agreements.  How the new tokenomics are expected to function is the main concern with a merger of this magnitude.

 There will be 2.63055 billion ASI tokens in total supply.  How will the conversion proceed with 2,630,547,141 FET token supplies, 1,419,566,631 AGIX, and 1,408,900,141 OCEAN on top?

•  In a 1:1 ratio, FET tokens move to ASI without denomination.  Nearly 850 million FETs are currently in circulation, which translates to 850 million ASI.
•  The ratio of AGIX tokens to ASI is 1:0.43335, meaning that 1 AGIX = 0.4335 ASI.  Approximately 558 million ASI are produced from the current circulating supply of nearly 1.29 billion AGIX.
•  The ratio of OCEAN tokens to ASI is 1:0.433226, meaning that 1 AGIX = 0.433226 ASI.  About 246 million ASI are produced from the nearly 568 million OCEAN that are currently in circulation.
•  Thus, approximately 1.652 billion tokens, or 62.8% of the total supply, make up the initial supply of ASI.  Burning the tokens that AGIX and OCEAN never released is the plan.

 The ASI Alliance anticipates that the merger will bring together the market capitalisations of three or more projects.  The current total is $2.58 billion, which includes $1.352 billion for Fetch.ai, $852 million for SingularityNET, and $374 million for Ocean Protocol.  This would theoretically put it in 35th place in today's CoinMarketCap ranking, between Arbitrum's token ARB and OKB.

 But as we have explained in previous guides, market capitalisation is a relative value that is based on the asset's price-to-supply ratio.  If we run the numbers again, will they be different?

 Assume for the moment that ASI would launch at the average of the current FET ($1.59), AGIX ($0.6605), and OCEAN ($0.652) prices, adjusted for conversion.  Given the estimated circulating supply and ASI's $1.54 value, the company's market capitalisation would be closer to $2,544 billion.  It would still come in at number 35 in the same ranking, though.
 As we can see, the supply dynamics of all three cryptocurrencies were taken into account by the new tokenomics.  Furthermore, because of the perceived value of the combined asset, the merger may increase ASI's prominence.

Future Prospects for ASI Tokens

 Why don't we keep going since our launch price projections have already put us into price prediction territory?  By extrapolating targets from price predictions made for the original tokens, let's attempt to create an ASI price forecast.

2024 ASI Price Forecast

 30Rates' FET price forecast indicates that the token may hit its 2024 peak as early as the end of June.  Given that Fetch.ai will be converted to the $ASI token on July 1, the highest price for ASI in 2024 is anticipated to be $2.32 in December, while the lowest price is anticipated to be $0.95.  A merger may cause a price swing in either direction before it stabilises because it is such a significant event.

 An alternative approach would be to examine AMB Crypto's SingularityNET price forecast, which takes the merger into account.  The AGIX price would have ranged from $0.94 to 1.01 by December; following the conversion, it now stands between $2.17 and 2.33.  It appears very realistic!

 Let's also examine how it would relate to ASI and compare it to the Ocean Protocol price prediction for reference.  CoinWire predicts that the average price of OCEAN in 2024 will be $0.85, or $1.96 in ASI.

 2025 ASI Crypto Price Forecast

 According to CoinCheckup's FET price forecast, it will be $1.67 in a year.  The same goal applies to the ASI token since FET will be converted in a 1:1 ratio.  Will its growth in such a term be limited to +4.9%?  We'll just have to wait and find out.

 Technical indicators are taken into consideration in Coin Edition's SingularityNET price prediction.  According to their longer-term projections, AGIX's 2025 value might have ranged from $0.95 to $1.18.  This would be worth $2.19–2.72 in ASI tokens.

 What would happen if we attempted to examine the Ocean Protocol price forecast?  According to CoinCodex, the OCEAN price on July 21, 2025, might have been $0.89.  The other price projections are consistent with the same value of $2.05 for 1 ASI.

 Forecast for ASI Token Prices in 2030

 CoinPedia's Fetch.ai price prediction offers the most optimistic outlook for FET.  According to their analysts, ASI may rise to new heights of $60 to even $120 by 2030 FET.

 According to Token Metrics' bullish market scenario for SingularityNET's price prediction, the price of AGIX could reach $3.78 by 2030.  On the other hand, it will only be able to rise as far as $1.8 in the bearish scenario.  The long-term goals, following the ASI conversion, are $8.72 and $4.15, respectively.

 According to Coincu's latest audacious Ocean Protocol price forecast, the average price of the token would have increased to $18.58 by 2030.  According to this valuation, one ASI token should cost $42.89.

In conclusion

The massive task of bringing AGI and ASI closer together while making it equitable, accessible, and decentralised is what the ASI Alliance sets out to accomplish.  The ASI merger could very well be the pivotal event in technological advancement.

Are you expecting the merger of ASI Alliance?  To ensure you don't miss any cryptocurrency news, follow us on Facebook, X, and Telegram.  For additional guides and analyses of the crypto world, read our blog.

Frequently Asked Questions

 After the merger, what will happen to Fetch AI?  What's going on with Fetch AI?

 The Artificial Superintelligence Alliance (ASI) is being formed by Fetch.ai in collaboration with SingularityNET and Ocean Protocol.  On July 1, 2024, Fetch.ai will change its name, and by the time the merger is complete, it will no longer exist.

 Is AGIX going to merge?

 Indeed, the $ASI token will be created by the merger of the AGIX cryptocurrency with FET and OCEAN.  The AGIX token and ASI will be equally useful.  When the second half of the merging process begins, holders will have the option to convert AGIX directly to ASI token, but the AGIX to FET conversion tool will be launched on July 1.

How can an ASI token be claimed?

Holders of FET, AGIX, and OCEAN will have the option to exchange their assets for the new cryptocurrency ASI.  There are no projected dates for when direct conversion will be available during the second phase of the merger.  However, as early as July 1, holders of OCEAN and AGIX will be able to convert their assets into FET.

Start a Cryptocurrency exchange Try our crypto exchange platform  click here

Disclaimer: It is important to note that the content of this article does not constitute financial or investment advice. The views expressed herein are solely those of the author and should not be interpreted as specific recommendations for trading or investing. Readers and visitors to the website are encouraged to explore various perspectives and familiarize themselves with relevant local regulations prior to engaging in cryptocurrency investments. We do not guarantee the reliability or accuracy of the information presented.