ASI Token Phase 1 Initiates: Everything You Need to Know About New AI Crypto
Amid the ASI token migration, eyes are on a high-quality crypto AI token in WienerAI, whose WAI presale has raised nearly $7 million.
In crypto, it is common for projects to join hands, even complement each other. Think of Litecoin, which forked from Bitcoin to complement the world’s most secure network.
This decision alone has given Litecoin and its founder, Charlie Lee, a slot in blockchain history.
🚀 The Artificial Superintelligence Alliance (ASI) is here!
🤝 KuCoin is proud to support the token merger of Ocean Protocol (OCEAN) and SingularityNET (AGIX) to https://t.co/FMnMOrHfp3 (FET).
💡 Get ready for the future of AI! 🤖
— KuCoin (@kucoincom) July 1, 2024
Fetch.ai Announces Phase 1 Of The ASI Rollout
Now, in the age of AI, Fetch.ai, Ocean Protocol, and SingularityNet, all of which are established projects, joined hands back in 2023, announcing the planned launch of the Artificial Superintelligence Alliance and a new token, ASI.
ASI is a merger of the three projects, meaning they did away with their tokens.
Though Coinbase won’t support the direct FET to ASI swap on their platform, marking the start of the Phase 1 rollout, nothing will stop the project from fulfilling its ambition.
$fet is ASI. $ocean and $agix are merging into $fet. CEXs don’t need to delist or relist $fet it is there already. If you hold $fet do nothing. We are working hard to resolve any issues please bear with us. Timeline has not changed. @coinbase has only announced that the swap will…
— Humayun (@HMsheikh4) June 27, 2024
Phase 1, which started today, July 1, will focus on merging FET, AGIX, and OCEAN into a single token under the ASI banner.
This will be a complete rebranding, reflecting the formation derived from this powerful alliance.
For those holding these tokens on Binance, no action is required; all their holdings will be automatically converted on July 1.
However, for those holding FET, for instance, on non-custodial wallets, the team will provide a detailed guide enabling smooth migration.
Because Coinbase won’t support direct swap, FET holders must move their tokens to MetaMask, for instance, to swap or even transfer tokens to Binance for automatic conversion.
Meanwhile, those holding these tokens on other networks must bridge to Ethereum to participate in phase 1.
WienerAI: A Low Cap AI Token With Big Potential
While the ASI merger dominates the headlines, eyes are on the ongoing WienerAI presale.
WAI, the native token of the crypto AI project, is garnering global attention simply because of what it offers and the vibrant community behind it.
For beginners, WienerAI will launch an AI-powered trading bot that offers more than technical or fundamental analysis.
Those who deploy the bot will benefit from its interactive features and market insights. What’s even cool is that they can freely ask the bot about their investment strategies and get quality feedback.
If they choose to execute trades using the WienerAI trading bot, they will receive optimal prices across multiple DEXes, all without being front-run by malicious MEV bots.
In the ongoing viral WienerAI presale, the aggressive Sausage Army has raised nearly $7 million.
Each WAI is changing hands for just $0.000724. Holders can choose to stake, receiving a 164% APY.
And so far, it’s a big hit, with nearly 7 billion WAI staked.
While there is no doubt that crypto is competitive, quality projects stand a chance to stay on top.
It explains why analysts are banking on WAI’s success, and WienerAI’s a quality, low-market-cap alternative to ASI.
Buy WAI Here
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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