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Fetch.ai: FET token supply increases to support ASI token consolidation

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2024-05-03 17:58:22
Following a successful vote by the consortium community of Fetch.ai and SingularityNET, Fetch.ai announced approval to merge FET, AGIX and OCEAN tokens into ASI to form the Artificial Intelligence Super Alliance.
As a next step in the merger, it minted 1,477,549,566 additional FET tokens to support the conversion mechanism. This will bring the total supply of new FETs to 2,630,547,141. Next, FETs will be renamed ASI.