We are thrilled to announce that SunCrypto, India's leading cryptocurrency exchange, has successfully completed the first stage of merging Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the Artificial Superintelligence Alliance (ASI) Token. 

This strategic merger aims to bring together the strengths of these innovative projects, enhancing their value and utility for our users.

Important Updates

▪️ The trading services for the Fetch.ai (FET) token will begin on July 09 at 04:00 PM (IST) on the SunCrypto Application.

▪️ The first stage of this merger involved the merger of OCEAN and AGIX tokens into FET tokens. Here are the token conversion details:

AGIX to FET Conversion: 1 AGIX = 0.433350 FET

Example: Suppose you have 1,000 AGIX tokens and the conversion ratio is 1 AGIX to 0.433350 FET. Then;

1 AGIX = 0.433350 FET

1000 AGIX = 1000 x 0.433350 FET

1000 AGIX = 433.35 FET

OCEAN to FET Conversion: 1 OCEAN = 0.433226 FET

Example: Suppose you have 1,000 OCEAN tokens and the conversion ratio is 1 OCEAN to 0.433226 FET. Then;

1 OCEAN = 0.433226 FET

1000 OCEAN = 1000 x 0.433226 FET

1000 OCEAN = 433.226 FET

If you hold AGIX or OCEAN tokens, they will now be converted into FET tokens at the specified ratios. You can view and trade your new FET tokens on the SunCrypto platform starting from the mentioned date and time. 

We appreciate your continued support and are committed to keeping you informed about all important updates. Stay tuned for more exciting developments as we move forward with the next stages of this merger, ultimately leading to the rebranding of FET as the ASI token.

For any queries or support, please reach out to our customer service team at help@suncrypto.in. Thank you for choosing SunCrypto.