AGIXPrice

(AGX)

Following the merger between SingularityNET, Fetch.ai, and Ocean Protocol, AGIX tokens were largely migrated to the ASI (Artificial Superintelligence) token. While legacy AGIX is considered deprecated in the new ASI infrastructure, the tokens still hold value through the migration process. The ASI Alliance was formed to consolidate these projects into a unified decentralized AI ecosystem, and the transition allows token holders to participate in this new network.

The migration process depends on where your tokens are stored. For users holding AGIX on major exchanges like LBank, the conversion to ASI was typically handled automatically. If you hold tokens in self-custody wallets, such as MetaMask or Trust Wallet, you must manually use the official SingularityDAO migration portal. This portal is designed to remain open for several years to ensure that latecomers can swap their legacy AGIX for ASI tokens.

The migration uses a fixed conversion rate established during the merger. The rate is set at 1 AGIX to 0.433350 ASI. This ratio is constant and does not fluctuate. For context within the broader alliance, FET tokens migrated to ASI at a 1:1 ratio. Users should use the official migration portal or trusted exchange platforms to ensure they receive the correct amount of the new unified token.

The ASI Chain is a specialized Layer 1 blockchain developed to support advanced AI logic and neurosymbolic reasoning. Unlike general-purpose blockchains that are primarily used for simple transactions, the ASI Chain is designed to run AI processes, such as the Hyperon framework, directly on-chain. This infrastructure is a core component of the project's goal to facilitate a decentralized pathway toward Artificial General Intelligence (AGI) by providing a scalable environment for AI agents.

The primary difference lies in decentralization. While traditional AI development is controlled by a few large corporations, the ASI Alliance utilizes blockchain technology to ensure that the most powerful technology in history remains open and decentralized. By distributing control, the project aims to prevent the monopolization of AGI, ensuring that the development and governance of human-level artificial intelligence are managed by a global network rather than a single entity.

It is vital to verify the contract address on a trusted platform like LBank to avoid confusion. There are two primary projects often confused with SingularityNET: LODE AGX, which is a silver-backed stablecoin where each token represents physical silver, and AIgentX, which also adopted an AGIX/AGX ticker. Always ensure you are interacting with the ASI Alliance contract address, especially when using decentralized exchanges, to ensure you are trading the correct AI-related asset.