In the announcement made on December 7, it was reported that the AGIX ERC20 converter now launches in testnet mode. ERC20 tokens can be converted to the new format and transferred to EMURGO’s Yoroi or Input Output’s Daedalus.

Working initially with SingularityNET and their AGIX token, Cardano shared how it would support ERC20 token migration from Ethereum. Today AGIX announced that its ERC20 converter testnet is live and ready for community evaluation.

SingularityNET is the first partner to this initiative. Transformer is an important step in our shared journey towards a much deeper collaboration with the SingularityNET community.

For detailed information on exactly how the AGIX ERC20 converter tool works, go here.

source: iohk.io