According to Foresight News, Fetch.ai has announced the approval of a proposal to merge $FET, $AGIX, and $OCEAN into $ASI. This decision was made following a vote by members of the SingularityNET alliance community. As a part of the merger process, an additional 1,477,549,566 FET tokens have been minted to support the conversion mechanism. This move will increase the total supply of new FET to 2,630,547,141. Following this, the FET token will be renamed to ASI.