No.096
Artificial Superintelligence Alliance FET
Three AI projects glued into one token, with "superintelligence" stamped on the box
🎭 Sends out a squad of tiny agents that trade on their own. Big name, big promises, and a roadmap that is still mostly roadmap.
💬 “Yes, the name says ‘superintelligence.’ No, I haven't built it yet. What I actually do: send out little agents that buy, sell, and haggle over data while you're asleep. Ambitious? Very. Finished? Ha. Stick around. 🤖”
- The pitch: a blockchain for AI agents, where tiny programs buy, sell, and trade data without a human in the loop. Cool idea. Still early.
- The headline move: on June 13, 2024, three AI projects merged into one token and rebranded as the 'Artificial Superintelligence Alliance (ASI)'.
- Don't get confused: the name is ASI, but the ticker stays FET. Supply is capped at about 2.71 billion, so no money-printer here.
📖 The Story
Let's be honest about the name first. A coin called the "Artificial Superintelligence Alliance" has not, in fact, built a superintelligence. What it actually has is a neat little idea from 2017: Humayun Sheikh and friends in Cambridge, England wondered what would happen if tiny AI programs could go off and do work on their own, no human babysitting required. They called those programs “Autonomous Economic Agents”, built Fetch.ai around them, and shipped the FET token via a Binance offering in March 2019.
So where did the grand name come from? A merger. On June 13, 2024, three AI-and-crypto projects (Fetch.ai, SingularityNET, and Ocean Protocol) fused their three tokens into one. The exchange rates were oddly precise: 1 AGIX became 0.433350 FET, 1 OCEAN became 0.433226, and FET holders kept theirs 1:1. Out of that math came the Artificial Superintelligence Alliance (ASI), and FET turned into a rare fusion coin: three creatures squeezed into one.
The lineup behind it is genuinely heavyweight. Sheikh chairs the thing, SingularityNET's Ben Goertzel runs it as CEO, and Ocean's Trent McConaghy is in the mix. CUDOS climbed aboard in October 2024. The branding now says ASI; everyone on exchanges still types FET. Whether the "superintelligence" part ever arrives is the open question. For now, treat the name as ambition, not a status report.
📊 Stats
🧩 How it works
FET is its own L1 blockchain. It's built with the Cosmos SDK and runs on Tendermint Proof-of-Stake (PoS). So instead of mining with raw computing power (PoW), validators who lock up FET (staking) keep the network safe. On top of that, the little AI agents buy, sell, haggle, and get work done with each other.
🌗 Light & Shadow
- It sits dead center on the buzziest theme in crypto: AI × blockchain. When AI is hot, FET gets noticed
- The merger was smart branding. Three known names under one ticker means more weight and recognition than any of them had alone
- Supply is genuinely capped at about 2.71 billion. No endless Dogecoin-style minting, and that's a real plus
- It's a proper L1 in the Cosmos world, so it can plug into other Cosmos chains via IBC instead of living on an island
- Here's the catch: the name promises "superintelligence," but the day-to-day reality is agents doing modest tasks. The vision is way ahead of the receipts
- Because it rides the AI narrative, the price lurches on hype, not on usage. Great headline, rough stomach
- The merger left a tangle. Three projects, one token, a name (ASI) that doesn't match the ticker (FET). It confuses newcomers constantly
- Even the supply number drifts between sources thanks to merger timing, so always check the latest figure instead of trusting one screenshot
🧬 Evolution lineage
FET is not a hard fork of another coin. The other way around, it's a rare 'fusion' lineage where several branches merge into one. The parent, FET (Fetch.ai), absorbed AGIX (SingularityNET, 1:0.433350) and OCEAN (Ocean Protocol, 1:0.433226) into a single token on June 13, 2024 to become the 'Artificial Superintelligence Alliance (ASI)' (FET was 1:1), and in October 2024 CUDOS joined too. By technical bloodline, it's a child chain of the Cosmos (Tendermint PoS) ecosystem.
※ Later 🟡 CUDOS joined (Oct 2024). SingularityNET, Ocean, and CUDOS aren't in the codex yet, so they're shown as text only.
🧭 Meet other friends
❓ FAQ
- What is FET?
- It's the token of 'a blockchain for AI agents'. It's a network that lets tiny AI programs, ones that work on their own without being told every step, buy, sell, and trade data with each other. It grew out of Fetch.ai, which started in 2017 in Cambridge, England.
- What is the 'Artificial Superintelligence Alliance (ASI)'?
- On June 13, 2024, three AI projects (Fetch.ai, SingularityNET, and Ocean Protocol) merged their tokens into one and formed this alliance. That's how FET became a fusion coin, three creatures merged into one. In October 2024, CUDOS joined too.
- If the name changed, why is it still called FET?
- After the merger the name became ASI (Artificial Superintelligence Alliance), but the ticker you see on CoinGecko and exchanges is still written as FET. So most people just call it 'FET'.
- Is FET printed forever with no limit?
- No. There's a cap on the maximum supply (about 2.71 billion). It's not endlessly minted like Dogecoin, it's a fixed-amount model more like Bitcoin. (The merger absorbed three tokens into one, which is how the total reached today's number.)
⚠️ Not investment advice. All figures are for information only (MOCK · 2026-06-04).