Discover how Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS formed a groundbreaking alliance to decentralize AI development and challenge centralized tech giants.
Introduction
The Artificial Superintelligence (ASI) Alliance is a collaborative effort between Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. Announced in March 2024, the alliance finalized a token merger in July 2024, with CUDOS joining as a compute infrastructure partner in October 2024.
Mission: Build an open-source technology stack to empower developers, enterprises, and researchers in creating ethical, scalable, and innovative AI solutions.
What Is the ASI Alliance?
The ASI Alliance is one of the most ambitious collaborations in blockchain and AI, merging leading Web3 projects to democratize AI development. Key components include:
- Token Merger: FET, AGIX, and OCEAN tokens merged at fixed ratios to form ASI, with FET remaining the primary token. A proposed ticker change to ASI reflects its expanded role.
- ASI-1 Mini: The first Web3-native LLM for autonomous workflows, integrating Knowledge Graphs for context-aware interactions.
Future Initiatives:
- ASI Data: Decentralized data management platform.
- ASI Compute: Marketplace for computing resources.
- ASI Chain: Modular blockchain for decentralized AI coordination.
Governance is overseen by a cross-project Governing Council with representatives from all founding organizations.
How Does FET Work?
FET powers the ASI ecosystem through:
- Consensus Mechanism: Delegated Proof of Stake (DPoS), allowing token holders to stake and earn rewards.
Earning Opportunities:
- Contribute GPU/CPU power to CUDOS.
- Participate in developer grants, hackathons, or community programs like Ocean Protocol’s Ambassador Program.
Utility of FET
FET serves multiple roles:
- Transaction Fees: Pays for network usage.
- Staking: Secures the network.
- Governance: Powers ecosystem-wide decisions.
- Agent Registration: Agents register via the almanac contract, paying fees in FET to ensure reliability.
Benefits and Limitations of ASI (FET)
| Benefits | Limitations |
|---|---|
| Reduces reliance on Big Tech. | Highly ambitious roadmap with technical challenges. |
| Open-source and community-driven governance. | Dependent on broad adoption and real-world utility. |
| Advocates for ethical AI. | Faces competition from centralized and decentralized AI. |
| Enhanced liquidity across blockchains. | Regulatory uncertainty and market volatility. |
Tokenomics of FET
- Max Supply: 2.71 billion tokens.
- Allocation: Diversified among foundation, teams, public/private sales, and ecosystem incentives.
- Deflationary Measures: Regular token burns and an "Earn & Burn" program.
FET is available on Fetch.ai, Ethereum, and Cardano, ensuring broad interoperability.
Future of FET
FET’s success hinges on the ASI Alliance’s ability to:
- Deliver innovations like ASI-1 mini and ASI Chain.
- Expand real-world use cases.
- Navigate regulatory landscapes and market trends.
👉 Learn more about FET’s roadmap
How to Buy FET
- Download the Crypto.com App from the Apple App Store or Google Play.
- Sign Up and complete verification.
- Deposit Funds via bank transfer, Apple Pay, or debit/credit card.
- Purchase FET and other AI tokens.
Conclusion
FET is the backbone of the ASI Alliance, driving governance, security, and decentralized AI services. Its value depends on ecosystem growth, innovation, and adoption.
Due Diligence and Research
This article is for informational purposes only. Conduct your own research before investing. Past performance does not guarantee future results.
FAQs
What is the ASI Alliance?
The ASI Alliance is a collaboration between Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS to decentralize AI development.
How can I earn FET?
You can earn FET by staking, contributing computing power, or participating in community programs.
What is ASI-1 mini?
ASI-1 mini is the first Web3-native LLM designed for autonomous workflows, integrating Knowledge Graphs for enhanced interactions.
Where can I buy FET?
FET is available on exchanges like Crypto.com. Follow the steps above to purchase.
What are the risks of investing in FET?
FET is subject to market volatility, regulatory changes, and the success of the ASI Alliance’s initiatives.