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What is FET?

The Artificial Superintelligence Alliance (FET) is a decentralized AI network created by combining Fetch.ai, SingularityNET, and CUDOS. Its goal is to develop ethical, open-source Artificial General Intelligence (AGI) and superintelligence accessible to everyone.

  1. Purpose: To make AI available to all through flexible infrastructure, smart autonomous agents, and developer-friendly tools.
  2. Technology: Integrates blockchain with AI using cross-chain systems, coordinated agents, and a new layer-1 blockDAG blockchain called ASI:Chain.
  3. Governance: Uses a shared governance model where $FET token holders vote on decisions, while each member project keeps its independence.

Deep Dive

1. Purpose & Value Proposition

The ASI Alliance was formed in April 2024 by merging the token economies of Fetch.ai, SingularityNET, and CUDOS (superintelligence.io). Its mission is to create decentralized AI that is transparent, easy to access, and free from control by large corporations. Key objectives include:

  • Building modular infrastructure for AI computing power, data storage, and identity verification.
  • Supporting autonomous agents that can perform tasks like decentralized finance (DeFi) trading or managing supply chains without human help.
  • Offering open-source toolkits such as APIs and SDKs to help developers and businesses worldwide build AI applications.

2. Technology & Architecture

The Alliance emphasizes compatibility and growth potential:

  • ASI:Chain: A new layer-1 blockDAG blockchain launched in DevNet in November 2025, designed specifically for AI-focused decentralized apps (dApps). It supports sharding, which allows it to handle tasks like fast trading or coordinating Internet of Things (IoT) devices efficiently (U.Today).
  • Cross-Chain Integration: The $FET token works across Ethereum, Cosmos, and BNB Chain, with bridges to Cardano and other blockchains to enable smooth token transfers (CoinMarketCap).
  • Agentverse: A platform where AI agents can be deployed to interact with smart contracts and external data sources or APIs.

3. Tokenomics & Governance

  • $FET Token: Used for transactions, staking (offering 15–25% annual returns), voting on governance decisions, and burning fees (up to 10% to reduce supply).
  • Merger Details: Ocean Protocol was initially part of the merger but left in October 2025, leaving about 660 million OCEAN tokens unconverted (Yahoo Finance).
  • Decentralized Governance: Decisions are made through $FET token voting, but member projects like SingularityNET maintain their own governance systems.

Conclusion

The Artificial Superintelligence Alliance is an ambitious effort to decentralize AI development by combining blockchain transparency with advanced AI agent frameworks. Despite challenges such as Ocean Protocol’s departure and ongoing legal issues, its commitment to ethical AI and cross-chain compatibility sets it apart. The big question remains: can this federated, open-source approach outpace the centralized AI giants?


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