- Introduction
- What Is the Artificial Superintelligence Alliance (ASI)?
- How Does FET Work?
- Benefits and Limitations of ASI (FET)
- The Tokenomics of FET
- What Does the Future Hold for FET?
- How to Buy FET on Crypto.com
- Conclusion
What Is the Artificial Superintelligence Alliance?
Discover how Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS forged an alliance to decentralise AI development and challenge centralised tech giants.
Key Takeaways
- The Artificial Superintelligence (ASI) Alliance unites Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS to advance open, ethical, and scalable AI through decentralised, open-source technology.
- In 2024, the AGIX and OCEAN tokens merged into FET, with CUDOS joining as a compute partner; a ticker change from FET to ASI was proposed and considered.
- Each member retains operational autonomy, while a cross-project Governing Council oversees strategic decisions for the alliance.
- The ASI ecosystem features ASI-1 mini (a Web3-native large language model), ASI Data, and ASI Compute, with plans underway for a dedicated blockchain called ASI Chain.
- FET can be earned via staking, developer grants, hackathons, contributing computational resources to CUDOS, and community initiatives across the alliance.
Introduction
The Artificial Superintelligence (ASI) Alliance is a collaboration between Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. The ASI Alliance was announced in March 2024, with a token merger finalised in July 2024. CUDOS joined the alliance in October 2024 as a compute infrastructure partner.
The ASI Alliance’s goal is to build a robust, open-source technology stack that empowers developers, enterprises, and researchers to create ethical, scalable, and innovative AI solutions.
What Is the Artificial Superintelligence Alliance (ASI)?
The Artificial Superintelligence Alliance represents one of the most ambitious collaborations in blockchain and AI. This strategic merger of leading AI-based Web3 projects aims to democratise AI development and challenge the dominance of centralised tech giants.
Once a standalone project and token, FET was merged with AGIX and OCEAN at fixed ratios to form ASI through community approval. FET is the alliance’s primary token. The ASI Alliance has proposed changing the ticker from FET to ASI to reflect its expanded ecosystem role, although no timeline for the change has been confirmed as of this writing.
One of the notable achievements to date is ASI-1 mini, the first Web3-native large language model (LLM) designed for autonomous agentic workflows. ASI-1 mini integrates Knowledge Graphs to deliver context-aware, adaptive interactions suitable for powering real-world applications like AI agents, document parsing, and scaling decentralised systems.
Additional initiatives include ASI Data, a decentralised data management platform for building and monetising data-driven applications, and ASI Compute, a decentralised marketplace for computing resources. Future plans include ASI Chain, a modular, high-performance blockchain designed to coordinate decentralised AI, autonomous agents, and cross-chain operations.
While members continue to operate separately, strategic decisions are guided by a cross-project Governing Council comprising leadership from all founding organisations.
FET is available on Ethereum, Cardano, and Fetch.ai’s native blockchain. It powers the ASI ecosystem by enabling access to services and decentralised applications (dapps), facilitating governance decisions, and processing transactions across supported networks.
How Does FET Work?
The Fetch.ai network uses a Delegated Proof of Stake (DPoS) consensus mechanism. FET holders can participate by selecting a validator and delegating their tokens, which helps secure the network and entitles them to a share of staking rewards.
For those who prefer not to stake, the ASI ecosystem offers several alternative ways to earn FET. Contributors can earn tokens by contributing GPU or CPU power to the CUDOS network, applying for community-funded developer grants, participating in hackathons or data farming challenges, and engaging in community-building initiatives, such as the Ocean Protocol Ambassador programme.
Does FET Have Utility?
FET offers utility as the native crypto of the ASI Alliance ecosystem. It pays transaction fees, secures the network through staking, and purchases access to dapps like ASI-1 mini. AI developers earn FET as users consume their services, and the network hosts a decentralised marketplace of AI models, agents, and related tools.
To become publicly discoverable, agents must register through a system called the almanac contract. This registration requires a fee paid in FET and must be renewed every 48 hours, promoting uptime and reliability for end users, while stimulating the FET economy with regular token usage. Additionally, high-performing agents gain visibility boosts and access to gated opportunities, incentivising the development of high-quality tools and resources.
FET also functions as the governance token for the ecosystem with four ASI founding organisations: Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS. At the same time, each project continues to have its own autonomous governance mechanisms.
Benefits and Limitations of ASI (FET)
Benefits | Limitations |
---|---|
Reduces reliance on Big Tech and single points of control. | Highly ambitious roadmap with significant technical and organisational complexity. |
Open-source, transparent, and community-driven governance via a shared token. | Success depends on broad adoption and real-world utility, which are not guaranteed. |
Advocates for responsible, ethical, and accessible AI. | Faces strong competition from both centralised and decentralised AI initiatives. |
Enhanced liquidity and interoperability across multiple blockchains (e.g., Ethereum, Cardano). | Exposed to regulatory uncertainty, evolving legal landscape, and market volatility for AI-based crypto. |
The Tokenomics of FET
FET’s token allocation is diversified amongst the foundation, founding teams, public and private sale participants, ecosystem incentives, advisors, and migration from AGIX and OCEAN tokens. These allocations are subject to structured vesting schedules to promote long-term alignment and ecosystem health.
The ASI Alliance has implemented deflationary strategies to support token value over time, which include periodic token burns and an ‘Earn & Burn’ programme that uses a portion of ecosystem fees to remove FET from circulation on a regular basis. FET has a max supply of 2.71 billion tokens.
FET is available natively on Fetch.ai and as a bridged token on Ethereum and Cardano, supporting broad interoperability and liquidity across major blockchain networks.
What Does the Future Hold for FET?
The future of FET is closely tied to the progress and adoption of the ASI Alliance’s ambitious vision and technical roadmap.
By uniting leading decentralised AI projects, the alliance is working to build open, ethical, and scalable AI that can operate beyond its original programming. Achieving this would mark a major milestone for both AI and blockchain, but the journey is complex, and the outcome remains uncertain.
FET’s prospects will be shaped by the alliance’s ability to deliver on its roadmap, such as expanding real-world use cases, integrating new partners, and launching innovations like ASI-1 mini and the planned ASI Chain. The ecosystem’s growth will also depend on broader trends in AI adoption, public sentiment, and regulatory developments.
How to Buy FET on Crypto.com
Buying FET and other artificial intelligence tokens is straightforward with the Crypto.com App. Users can use supported fiat currencies like USD, EUR, and GBP.
Below is a step-by-step guide to getting started:
- Download the Crypto.com App, available on the Apple App Store and Google Play.
- Complete the sign-up process. On-screen prompts are at hand to guide users.
- Funds deposited using bank transfers will usually clear within one to three business days. For faster access, users can also fund their account using Apple Pay or a debit/credit card. Please note that processing times and availability may vary depending on card issuer and other factors.
- Once the funds are cleared, users can start buying FET, along with large-cap assets like Bitcoin (BTC) and Ethereum (ETH), plus an extensive collection of altcoins and meme coins.
Conclusion
As the backbone of the ASI Alliance’s ecosystem, FET’s utility is reinforced by its roles in governance, network security, and powering decentralised AI services. However, like any crypto asset, FET is subject to market volatility and evolving industry dynamics.
The project’s success — and by extension, FET’s value — will ultimately depend on sustained innovation, community engagement, and the alliance’s ability to deliver practical, widely adopted AI solutions.
Due Diligence and Do Your Own Research
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