Thank you to the entire ASI community for supporting and accepting the CUDOS merger proposal! This approval marks a significant step forward for the future of decentralized AI. By integrating CUDOS’ decentralized cloud computing capabilities into the ASI ecosystem, we now have the tools to expand our computational resources, increase accessibility for developers, and accelerate AI, AGI, and ASI development. This merger not only enhances the utility of the ASI token but also strengthens our collective effort to create an open, scalable, and transparent AI infrastructure that benefits the global community.

With the community’s backing, we are positioned to lead the world’s largest decentralized AI alliance, driving innovation and ensuring that advancements in AI remain in the hands of the global community rather than centralized powers. The merger solidifies ASI’s role at the forefront of decentralized AI, and we are excited about the transformative opportunities ahead.

Token Merge Process:

• Token Exchange:
  • CUDOS token holders will exchange their tokens for FET (ASI) at a conversion rate of 118.344 CUDOS to 1 FET.
• 5% Fee:
  • A 5% token merge fee for marketing, research, development, integration, and legal expenses. This fee is already included in the conversion rate.
• Vesting Period:
  • Tokens will be linearly vested over a 3-month period.
• Conversion Process:
  • ERC-20 based CUDOS tokens can be converted to FET (ASI) via the SingularityDAO platform.
• Network Upgrade:
  • The CUDOS mainnet will be halted.
  • All token balances, including delegated tokens, will be merged into the Fetch (ASI) Mainnet.
  • Delegators not migrating to Fetch.ai (ASI) mainnet will have their funds redelegated to CUDOS-managed validators.
• Exchange-held Funds:
  • CUDOS holders on exchanges/DEXs may transfer funds to self-custody wallets before the mainnet halt and token delisting.
  • Once in self-custody, holders can convert through the SingularityDAO portal or wait for the network upgrade.
• Post-merger:
  • Upon completion, the CUDOS token will cease to exist, with its value and utility fully merged into the ASI ecosystem.

• Project Rebrand: Project name and logos change to Artificial Superintelligence Alliance (ASI).
• Token Merge: AGIX and OCEAN tokens temporarily merge into FET on the Ethereum blockchain.
• (Holders on other chains need to bridge to Ethereum)
• FET Trading: FET trading continues as usual.
• Centralized Exchanges (CEX): Check with exchanges for more information.
• Self-Custody Wallets: Migrate AGIX & OCEAN to FET using button below.
• Exchange Delisting: AGIX & OCEAN tokens begin delisting from exchanges.

Phase 1 Ratios

• AGIX tokens migrate to FET, at a conversion rate of 1 AGIX to 0.433350 FET
• OCEAN tokens migrate to FET, at a conversion rate of 1 OCEAN to 0.433226 FET

You can access more details on the token migration in this article and these video tutorials [Ocean ] [AGIX ].

• FET to ASI: Token ticker updated to ASI
• ASI Token Deployment: ASI token launches across multiple blockchains.
• Network Upgrade: Fetch.ai network upgrades to the ASI network.
• Migration Contracts: New contracts introduced to convert FET, AGIX, and OCEAN to ASI.
• EVM & Bridges: Ethereum Virtual Machine (EVM) and other bridges open for ASI transfers.
• Exchange Migration: Exchanges migrate spot markets from FET to ASI.

Phase 2 Ratios

• FET will migrate to ASI, at a conversion rate of 1 FET to 1 ASI
• AGIX tokens migrate to ASI, at a conversion rate of 1 AGIX to 0.433350 ASI
• OCEAN tokens migrate to ASI, at a conversion rate of 1 OCEAN to 0.433226 ASI