Artificial Superintelligence Alliance and FET Coin: A Comprehensive Guide

What Is the Artificial Superintelligence Alliance?

The Artificial Superintelligence Alliance (ASI) is a collaborative entity formed through the merger of three blockchain and AI-based projects: Fetch.ai, SingularityNet, and Ocean Protocol. Established in recent years, this alliance was created to advance decentralized AI development and accelerate the evolution of superintelligent systems.

ASI represents a groundbreaking initiative in the convergence of artificial intelligence and blockchain technology. The alliance aims to create a decentralized ecosystem where AI development is not dominated by large tech corporations but is instead distributed across a global network of contributors. This approach ensures that AI technology remains accessible, transparent, and ethically developed.

The formation of ASI marks a significant milestone in the AI and blockchain industries, bringing together three leading projects with complementary technologies and shared visions. By combining their resources, expertise, and communities, these projects aim to overcome the limitations of centralized AI development and create a more democratic and innovative future for artificial intelligence.

Origins and Formation of the Artificial Superintelligence Alliance

The Artificial Superintelligence Alliance emerged from a shared desire to transcend the limitations of traditional AI and blockchain technologies. The primary objective was to create a platform capable of accelerating the development of superintelligent systems through collaborative innovation.

The alliance combines autonomous agents, AI marketplaces, and secure data sharing into a unified platform designed to develop and deploy next-generation AI solutions. In late 2024, the blockchain network Cudos was added to the alliance, expanding its capabilities to include decentralized cloud computing platforms with a focus on scalable cloud services. This addition significantly enhanced the alliance's infrastructure and computational resources.

Key Objectives of ASI

The Artificial Superintelligence Alliance is working to address several critical challenges in the AI and blockchain space:

1. Decentralization of Artificial Intelligence: ASI aims to create a decentralized AI ecosystem as an alternative to AI development dominated by major tech companies. This objective focuses on distributing power and control over AI technology across a broader network of stakeholders, ensuring that no single entity can monopolize AI advancement.

2. Advancement of Artificial Intelligence and Superintelligence: ASI concentrates on accelerating the development of artificial general intelligence (AGI) and artificial superintelligence (ASI). By pooling resources and expertise, the alliance seeks to achieve breakthroughs that would be difficult for individual projects to accomplish alone.

3. Ethical and Responsible AI: ASI is committed to creating AI systems that are not only powerful but also ethical and responsible. The alliance recognizes the potential risks associated with advanced AI and prioritizes safety, transparency, and accountability in all its developments.

4. Open Source Development: Unlike most AI models, ASI embraces transparency and collaboration in AI advancement through open-source principles. This approach allows developers worldwide to contribute to and benefit from the alliance's innovations, fostering a more inclusive and rapidly evolving AI ecosystem.

Structure and Governance of ASI

The Artificial Superintelligence Alliance operates with a unique governance structure similar to a joint venture:

• ASI functions as an independent legal entity established in Singapore, with its own website, marketing team, and strategic objectives. This independence allows the alliance to pursue its goals while maintaining flexibility and agility in decision-making.

• Each member organization (Fetch.ai, SingularityNet, Ocean Protocol) maintains its independence, with leadership teams and token holdings (excluding tokens exchanged for ASI) remaining unchanged. This structure ensures that each project can continue its individual initiatives while contributing to the collective goals of the alliance.

• ASI is led by an operating committee, initially proposed to include Humayun Sheikh (founder of Fetch.ai) as chairman, Dr. Ben Goertzel (founder of SingularityNet) as CEO, and Trent McConaghy and Bruce Pon (co-founders of Ocean Protocol) as members. This leadership brings together decades of experience in AI, blockchain, and entrepreneurship.

• To integrate the utility tokens of member projects, a new token called ASI was created, serving as the unified currency for the alliance's ecosystem.

How Does the Artificial Superintelligence Alliance Work?

The Artificial Superintelligence Alliance functions as a cohesive group while allowing each project to maintain its autonomy and ecosystem. Understanding how each project operates and contributes to the decentralized AI initiative provides insight into the alliance's comprehensive approach to advancing artificial intelligence.

Fetch.ai (FET)

Fetch.ai is a project that combines blockchain, machine learning, and multi-agent systems to create a decentralized digital economy. It enables users to create autonomous AI agents that can perform economic tasks on behalf of individuals, businesses, and organizations.

Fetch.ai was founded in Cambridge in 2017 and made its debut through a cryptocurrency offering on a major exchange in early 2019. The mainnet launched in early 2020, marking a significant milestone in the project's development.

How Does Fetch.ai Work?

Fetch.ai utilizes a consensus mechanism based on Proof of Stake (PoS) with Directed Acyclic Graph (DAG) technology and Cosmos's Tendermint. The Fetch.ai network consists of three main components that develop tools and infrastructure for AI: Autonomous Economic Agents, the Open Economic Framework, and the Fetch Smart Ledger.

These components work together to create a comprehensive ecosystem where AI agents can autonomously navigate economic activities, negotiate with other agents, and execute transactions without human intervention.

FET Token

Prior to the merger, the total supply of FET tokens was 1,152,997,575. The distribution was as follows:

• Foundation: 20%
• Founders: 20%
• Token Sale: 17.6%
• Future Release: 17.4%
• Mining: 15%
• Advisors: 10%

Ocean Protocol (OCEAN)

Ocean Protocol is an open-source platform designed for data exchange and monetization of data-related services. Essentially, it functions as a data marketplace. Ocean Protocol uses blockchain technology to ensure transparent data sharing, particularly for AI applications.

The platform addresses the critical challenge of data accessibility in AI development. By creating a decentralized marketplace for data, Ocean Protocol enables data providers to monetize their assets while maintaining control and privacy, and allows AI developers to access high-quality datasets necessary for training advanced models.

How Does Ocean Protocol Work?

Ocean Protocol uses "datatokens" to regulate access to datasets, allowing data owners to monetize their information. These datatokens are ERC-20 standard tokens that control access rights to data or data services.

Providers create services that issue and distribute datatokens. Consumers, on the other hand, can access these services by acquiring and consuming datatokens. Consumers send datatokens to data providers to access datasets, which remain in an off-chain state for security and efficiency.

Providers deploy datatokens to the Ocean Market, where they can specify fixed prices or use automated market makers (AMMs) for automatic price discovery. Balancer supports AMM pools that include datatokens and OCEAN as trading pairs, enabling liquid and efficient markets for data assets.

OCEAN token holders can deposit OCEAN into liquidity pools and earn fees, participating in the economic activity of the marketplace. Because datatokens are ERC-20 tokens, data users can store them in cryptocurrency wallets, trade them on exchanges, transfer them to decentralized autonomous organizations (DAOs), or perform other decentralized finance (DeFi) operations.

OCEAN Token

Before the merger with the Artificial Superintelligence Alliance, the total supply of OCEAN tokens was 1,410,000,000. The distribution was as follows:

• Foundation: 20%
• Founders: 20%
• Token Sale: 17.6%
• Future Release: 17.4%
• Mining Rewards: 15%
• Advisors: 10%

SingularityNet (AGIX)

SingularityNet is a decentralized marketplace that democratizes access to AI. Through this marketplace, developers can publish AI services and monetize them, making these services available to everyone on the network. The project is led by Dr. Ben Goertzel, a prominent figure in the AI industry known for his work on artificial general intelligence.

SingularityNet supports various AI domains, including image processing, speech recognition, and natural language processing. The platform enables developers to offer specialized AI services that can be combined and integrated into complex applications, fostering innovation and collaboration in AI development.

How Does SingularityNet Work?

SingularityNet creates a platform where developers can create, publish, and manage AI services that can be integrated into various applications. Developers can sell AI models using the AI Publisher tool, which simplifies the process of bringing AI services to market.

At the core of the SingularityNet AI Marketplace is AGIX, the platform's native utility token. AGIX serves multiple purposes:

• Payment for AI services
• Governance participation
• Staking and liquidity provision
• Token bridging across blockchains
• AI Publisher functionality

AGIX tokens are used for marketplace-based transactions, enabling access to AI services and future autonomous AI interactions. Through the SingularityNet Bridge, users can transfer AGIX tokens to supported blockchains, enhancing interoperability and accessibility.

To ensure community engagement, AGIX holders participate in governance decisions within the SingularityNet organization. Users can also stake AGIX tokens to earn incentives and provide liquidity to the platform, contributing to the network's stability and security. This participatory model ensures that the platform evolves according to the needs and preferences of its community.

AGIX Token

Before the merger with the Artificial Superintelligence Alliance, the total supply of AGIX was 2,000,000,000. The distribution was as follows:

• Token Sale: 50%
• Incentives for early users, developers, and partners: 20%
• Core team members and early contributors: 18%
• Foundation: 8%
• Bounty programs: 4%

Cudos

Cudos is a blockchain network that connects cloud and blockchain technology to provide decentralized cloud computing resources. It is a Layer 1 blockchain that uses a Delegated Proof of Stake (DPoS) mechanism. This project aims to make computing more sustainable and cost-effective by leveraging surplus computing resources from around the world.

How Does Cudos Work?

Cudos provides the alliance with a global network of distributed computing, offering access to GPU networks. This significantly enhances the alliance's ability to scale AI innovation by providing the computational power necessary for training and deploying advanced AI models.

Through Cudos's cloud infrastructure, users can access premium AI hardware at approximately 50% of the cost of centralized providers like Amazon AWS. This cost efficiency makes high-performance computing more accessible to researchers, developers, and organizations working on AI projects.

The integration of Cudos into the Artificial Superintelligence Alliance is expected to accelerate progress toward decentralized AGI and ASI. By providing scalable and affordable computing resources, Cudos ensures that these technologies are managed by a global community rather than centralized institutions, aligning with the alliance's core principles of decentralization and accessibility.

CUDOS Token

Before the merger with the Artificial Superintelligence Alliance, the total supply of CUDOS tokens was 10,000,000,000. The distribution was as follows:

• Ecosystem and community development: 34%
• Reserves: 33.78%
• Team (2-year vesting): 20%

What Is the FET Coin?

The tokens mentioned earlier—FET, AGIX, and OCEAN—are planned to be integrated into the ASI token. However, the FET coin will serve as the foundation for the ASI token. A total of 2.63 billion ASI tokens are planned to be issued. To achieve this supply, 1.48 billion tokens will be created, with 867 million distributed to AGIX holders and 611 million to OCEAN token holders.

Ocean Protocol token holders will receive 0.433226 ASI tokens per OCEAN token, and SingularityNet token holders will receive 0.433350 ASI tokens per AGIX token. This conversion ratio was carefully calculated to ensure fair value exchange for all token holders.

If your coins are listed on a centralized exchange, you don't need to do anything. ASI will coordinate the conversion with each exchange, and your holdings will be automatically converted to ASI tokens. This seamless process ensures that users experience minimal disruption during the transition.

Once exchanges complete the conversion of all previous tokens, those tickers will be retired, and only the ASI token will remain active on these platforms.

If your tokens are offline or in a hardware wallet, you can use the token conversion option. You can convert your tokens using the token bridge, which provides a secure and straightforward method for migrating your holdings to the new ASI token standard.

Conclusion: The Future of the Artificial Superintelligence Alliance

The Artificial Superintelligence Alliance is a unique venture in the cryptocurrency and artificial intelligence sectors. Unlike other projects in this space that view each other as competitors, ASI implements a different philosophy that prioritizes collaboration over competition.

ASI pursues collaboration rather than competition, standing in stark contrast to the existing industry culture. This approach leverages the open-source nature of cryptocurrency and the innovative potential of AI collaboration, paving the way toward a better decentralized future.

By bringing together leading projects in decentralized AI, the alliance creates synergies that accelerate innovation and ensure that advanced AI technologies are developed ethically and responsibly. The integration of Cudos further strengthens the alliance's infrastructure, providing the computational resources necessary to achieve ambitious goals in AGI and ASI development.

As the alliance continues to evolve, it represents a promising model for how projects in the blockchain and AI spaces can work together to create technologies that benefit humanity as a whole. The emphasis on decentralization, ethical development, and open-source collaboration positions ASI as a leader in shaping the future of artificial intelligence in a way that is accessible, transparent, and aligned with the interests of a global community.

FAQ

What is Artificial Superintelligence Alliance (ASI), and what role does the FET token play in it?

Artificial Superintelligence Alliance (ASI) is an AI alliance. FET token serves governance, economic coordination, and provides access to AI infrastructure and intelligent agent services within the alliance ecosystem.

What is the total supply of FET tokens, current circulating supply, and market price?

FET token has a total supply of 2,714,384,547. Current circulating supply is 2,284,506,963 FET, representing 84% of total supply. Market price is US$3.89.

How to buy and store FET tokens, which exchanges and wallets are supported?

Purchase FET through major centralized exchanges or decentralized platforms like Uniswap and PancakeSwap. Store FET securely in compatible wallets such as MetaMask, Trust Wallet, or hardware wallets like Ledger for optimal security.

What is the core technology principle of Artificial Superintelligence Alliance, and how does it differ from other AI projects?

ASI integrates Fetch.ai's autonomous agents, Ocean's data sharing, and SingularityNET's AGI framework into a unified vertical stack for decentralized AI commercialization. This integrated approach distinguishes it from standalone AI projects by combining agent technology, data protocols, and AGI infrastructure seamlessly.

What are the risks of investing in FET tokens, and what is the project's development roadmap?

FET carries market volatility and execution risks inherent to emerging AI projects. Fetch.ai's roadmap focuses on autonomous agent technology, decentralized machine learning, and enterprise AI solutions through 2026-2027, with planned mainnet upgrades and ecosystem expansion.

How does the FET token economic model work and what returns can holders receive?

FET token holders earn rewards through staking and participating in network security via proof-of-stake consensus. Holders can also gain returns by contributing to validator nodes and utilizing tokens for platform transactions and payments within the ecosystem.