Key Takeaways
- Artificial Superintelligence Alliance is a groundbreaking collaboration between Fetch.ai, SingularityNET, Ocean Protocol, and Cudos to create the largest open-source AI research foundation.
- The alliance aims to develop decentralized Artificial Superintelligence (ASI) that remains under community control rather than centralized entities.
- FET token merges multiple previous tokens (AGIX, OCEAN) into a unified token for the ecosystem, initially maintaining the FET ticker despite rebranding.
- The project leverages Fetch.ai’s agent architecture, Ocean Protocol’s data management, and SingularityNET’s AI services to create a comprehensive decentralized AI stack.
- As of April 9, 2025, FET trades at approximately $0.40 with a market capitalization around $947 million, down from its all-time high of $3.47 in March 2024.
The crypto space has witnessed numerous projects attempting to bridge blockchain technology with artificial intelligence, but few have attempted such an ambitious merger as the Artificial Superintelligence Alliance (FET). This collaborative initiative represents a strategic union between several leading AI-blockchain projects including Fetch.ai, SingularityNET, and Ocean Protocol, with the stated goal of creating the world’s largest open-source, independent AI research and development foundation. The alliance specifically focuses on developing decentralized Artificial Superintelligence that remains democratically controlled rather than concentrated in the hands of a few corporations or governments. The project initially merged multiple tokens into FET, with plans to eventually transition to an ASI ticker, though recent developments suggest they’re maintaining the FET symbol while changing the project name. As of April 9, 2025, FET is trading at $0.3957, with a circulating supply of approximately 2.39 billion tokens and a market capitalization of $947.26 million.
What Is Artificial Superintelligence Alliance?
The Artificial Superintelligence Alliance represents a collaborative initiative between several leading blockchain-AI projects that have merged their tokenomic networks into a single ecosystem. At its core, the alliance aims to create an open-source, independent AI research and development foundation with a unique focus on building decentralized Artificial Superintelligence. This approach stands in contrast to traditional AI development, which is typically centralized within large corporations or research institutions.
The foundation of this alliance builds upon Fetch.ai’s existing infrastructure, which was designed for the AI economy. The platform offers tools to build, deploy, and monetize AI services while enabling the transformation of legacy systems to become AI-ready without modifying existing APIs. The Artificial Superintelligence Alliance expands on this vision by incorporating the strengths of multiple projects to create a more comprehensive ecosystem for decentralized AI development.
The alliance’s vision centers on developing decentralized AGI (Artificial General Intelligence) and ASI (Artificial Superintelligence) that remain under popular control, ensuring the inclusion of diverse insights, judgments, and capabilities from all segments of global human society. This democratized approach to advanced AI development represents a significant departure from the concentrated development models prevalent in the industry today.
Who Is Behind Artificial Superintelligence Alliance?
The Artificial Superintelligence Alliance brings together some of the most prominent figures in the decentralized AI space. The founding team includes Ben Goertzel of SingularityNET, Humayun Sheikh of Fetch.ai, and Trent McConaghy of Ocean Protocol. Each brings unique expertise and perspective to the alliance.
Humayun Sheikh, the founder and CEO of Fetch.ai, established the Cambridge-based artificial intelligence lab in 2017. With a background in technology entrepreneurship, Sheikh has guided Fetch.ai from its inception through its launch via Initial Exchange Offering (IEO) on Binance in March 2019, to the Fetch.AI mainnet going live in January 2020.
Ben Goertzel is widely recognized as a leading figure in artificial general intelligence research and the founder of SingularityNET. His work has focused on creating decentralized, open-source AI systems that can evolve toward artificial general intelligence while remaining accessible to developers worldwide.
Trent McConaghy brings expertise in data governance and tokenization through his work with Ocean Protocol, which focuses on secure, privacy-preserving data management for AI applications. Together, these leaders have united their previously separate projects under the banner of the Artificial Superintelligence Alliance to pursue a common vision of democratized AI development.
How Artificial Superintelligence Alliance Works: A Technical Explanation
The Artificial Superintelligence Alliance operates through three primary technological pillars that leverage the strengths of each contributing project. First, the alliance focuses on “Build ASI:” conducting research, development, and deployment of decentralized Artificial Superintelligence technologies that are designed to remain under community control rather than centralized entities. This work builds upon years of research across the founding projects and aims to create AI systems that benefit from decentralized governance.
Second, the alliance works to “Show Apps, Unify Stack” by demonstrating practical AI applications available today while simultaneously evolving toward a unified decentralized AI stack. This involves integrating Fetch.ai’s microagents, which can be deployed either on the centralized Agentverse or on self-hosted local servers. These agents function similarly to serverless cloud services but are designed to interact with blockchain ecosystems. The microagents can access and traverse blockchain networks, particularly those using the Inter-Blockchain Communication (IBC) protocol from Cosmos, allowing for interaction across different blockchains.
Third, the alliance aims to “Scale Decentralized Compute” by expanding the computational resources necessary for AI, AGI, and ASI development on a massive scale. This requires building infrastructure that can support advanced AI training and inference while maintaining decentralized principles. The technical implementation leverages each project’s unique strengths: Fetch.AI contributes its decentralized AI agent architecture designed for commercial applications; Ocean Protocol provides secure, privacy-preserving data management capabilities; and SingularityNET offers a decentralized network for AI services with a focus on AGI research.
The token mechanism initially involved merging AGIX and OCEAN tokens into FET on the Ethereum blockchain as the first phase of integration. The second phase was intended to transition FET tokens to ASI tokens with support for multiple blockchain environments, though recent evidence suggests they may maintain the FET ticker while changing the name to Artificial Superintelligence. This token serves as the economic backbone of the ecosystem, enabling stakeholders to participate in governance, access services, and receive rewards for contributing resources to the network.
Current Status of Artificial Superintelligence Alliance In The Wider Ecosystem
The Artificial Superintelligence Alliance occupies a unique position in the blockchain-AI intersection, currently ranked #63 on CoinMarketCap and #75 on CoinGecko by market capitalization. However, the project’s status in the wider ecosystem is complex and somewhat controversial, with differing perspectives on its technical implementation and value proposition.
Within the AI blockchain sector, there appears to be a significant misunderstanding about what the project actually delivers. According to some critical assessments, there’s confusion about whether Fetch’s agents represent a decentralized AI blockchain project when in reality, the platform consists of several distinct components that aren’t necessarily integrated. The agents (uAgents, previously called “AI Agents”) are deployable web applications that can operate on the centralized Agentverse or on self-hosted local servers, independent of blockchain technology. Meanwhile, the Fetch Mainnet is a standard blockchain built on the Cosmos SDK, and the AI Engine appears to be a separate project.
The token merger itself has generated mixed reactions within the community. Some users express frustration about the execution of the merger, describing it as “a shit show of epic proportions” and noting communication challenges. Others defend the merger as focusing on the more important aspects of company integration rather than token mechanics, suggesting that “all we care about is the exchanges and the tokens, but to them, that might not have been what was important”.
The rebranding from Fetch.ai to Artificial Superintelligence Alliance while maintaining the FET ticker has created additional confusion in the marketplace. Some exchanges now list the token as “Artificial Superintelligence Alliance (FET)” while others may still reference it as Fetch.ai, leading to potential misunderstandings for new investors. This confusion is compounded by the fact that the token exists both as an ERC-20 token on Ethereum and as a native token on the Cosmos-based chain.
Artificial Superintelligence Alliance’s Price Journey
The Artificial Superintelligence Alliance token (FET) has experienced significant price volatility since its inception. The token reached an all-time high of approximately $3.45-$3.47 in late March 2024, representing the peak of interest in AI-related cryptocurrencies during that period. This marked a spectacular rise from its all-time low of $0.008170 recorded on March 13, 2020, representing a maximum gain of over 4,700% for early investors.
However, since that peak, FET has experienced a substantial correction, losing approximately 88.6% of its value in the year leading up to April 2025. The decline appears to have accelerated following the token merger announcement and implementation, with some community members expressing concerns about dilution of value. As one critic noted, “all that has happened then is they literally diluted the value of FET, AGIX, and OCEAN by half by doubling the circulating supply and market cap for essentially no reason”.
Despite this significant pullback, FET has shown some signs of stabilizing in the $0.38-$0.40 range during April 2025, with some technical analysts identifying this as a potential support zone with “bullish indicators” including oversold conditions on the daily chart’s Relative Strength Index (RSI) and a bullish MACD crossover. The token currently trades around $0.3957 as of April 9, 2025, with a 24-hour trading volume of approximately $132.8 million, indicating sustained market interest despite the price decline.
Current Data & Interesting Statistics About Artificial Superintelligence Alliance
- The Artificial Superintelligence Alliance has a fully diluted valuation of approximately $1.07 billion as of April 2025, with a market cap to FDV ratio of 0.96, indicating that most of the token supply is already in circulation.
- FET’s 24-hour trading volume represents approximately 14% of its market capitalization, suggesting relatively high liquidity compared to many other cryptocurrencies.
- The project has a circulating supply of approximately 2.39 billion FET tokens out of a total supply of 2.71 billion, with some tokens reserved as security deposits to ensure technology delivery.
- FET experiences significant volatility, with its 7-day trading range spanning from $0.3479 to $0.4690, representing a nearly 35% difference between the low and high points.
- The token is listed on over 100 exchanges across more than 160 trading pairs, with Gate.io hosting the most active trading pair (FET/USDT) with daily volumes exceeding $12 million.
- Since hitting its all-time high in March 2024, FET has declined approximately 88.6%, underperforming both the global cryptocurrency market and other Ethereum ecosystem tokens during this period.
- Despite price challenges, the DeltaV platform (deltav.agentverse.ai) represents one of the project’s practical implementations, allowing users to test basic functionality of the agent network, though community feedback on its effectiveness remains mixed.
What Is The Future of Artificial Superintelligence Alliance
The future outlook for the Artificial Superintelligence Alliance presents a complex picture of both challenges and opportunities. The alliance’s ambitious vision of creating decentralized superintelligence under community control positions it uniquely in the AI-blockchain intersection, potentially addressing growing concerns about AI concentration among a few large technology companies. According to price predictions from third-party analysts, some optimistic forecasts suggest FET could reach $1.74 by the end of 2025 and potentially $16.23 by 2030, though such predictions should be viewed cautiously.
The alliance must address several critical challenges to realize its potential. First, it needs to clarify the relationship between its various components (agents, blockchain, AI engine) and deliver tangible integration benefits. Second, it must improve communication with the community regarding token mechanics and project direction. Third, the alliance needs to demonstrate practical applications that leverage true decentralization rather than centralized services with blockchain elements. If successful in addressing these challenges, the Artificial Superintelligence Alliance could pioneer a new model for AI development that prioritizes community governance over corporate control, potentially revolutionizing how advanced AI systems are built and deployed.
The Decentralized AI Revolution: Promise & Reality
The Artificial Superintelligence Alliance represents one of the most ambitious attempts to merge blockchain technology with artificial intelligence development. By bringing together Fetch.ai’s agent architecture, Ocean Protocol’s data management capabilities, and SingularityNET’s AI services network, the alliance aims to create a comprehensive ecosystem for developing decentralized AI that remains under community control rather than concentrated in the hands of a few entities. While the project has faced challenges in clearly articulating its value proposition and executing its token merger, its fundamental vision of democratizing AI development resonates with growing concerns about AI concentration. As the alliance continues to evolve beyond its recent merger, its success will depend on delivering practical applications that demonstrate the unique benefits of combining blockchain and AI technologies in a truly decentralized manner, potentially reshaping how advanced AI systems are developed and governed in the years ahead.
Michael Crag
