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Artificial Superintelligence Alliance (FET) Nedir?

An exciting initiative has recently emerged in the world of artificial intelligence (AI) and blockchain: the Artificial Superintelligence Alliance (ASA). So, what is the Artificial Superintelligence Alliance, and what is FET (Futures and Technologies), which forms the basis of this structure? In short, the ASA is an alliance formed by the joining forces of prominent projects in AI and blockchain, such as Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). The ASA was officially announced in 2024 with the merger of these three projects. This combined structure aims to accelerate decentralized AI development and establish an interoperable, open "superintelligence" (ASI) infrastructure. The FET token continues to be used as the alliance's common cryptocurrency. Following this merger, FET also became known as ASI coin.

Each project within the ASA makes a unique contribution to the vision of decentralized AI. For example, if we ask what Fetch.ai is, we can say that it's a platform that brings together autonomous software agents and blockchain. It stands out with its advanced agent infrastructure and blockchain integration. If you ask what SingularityNET is, we encounter a project with a deep-rooted history in AI research, offering a decentralized marketplace for artificial intelligence algorithms and services. The answer to the question of what Ocean Protocol is is: it's a blockchain infrastructure that works on sharing and monetizing data, making the big data necessary for AI applications securely accessible. These three distinct areas of expertise have come together under one roof thanks to the ASI FET merger. Fetch.ai's merger with SingularityNET and its partnership with Ocean Protocol bring together AI agents, machine learning models, and big data sources within a single ecosystem. Thus, ASA brings together all the building blocks needed to achieve the goal of decentralized superintelligence. Now, let's take a closer look at how this structure emerged, its history, and why the FET token is so important.

The Definition and Origins of FET

The Artificial Superintelligence Alliance (ASA) stands out as an alliance that brings together artificial intelligence and blockchain projects. At the center of this structure is the FET token, the cryptocurrency of the Fetch.ai project. In 2024, the teams from Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) joined forces to launch the ASA. When this alliance was announced, it was announced that the tokens of all three projects would be combined into a single, universal AI token. While FET continues to be used as the common token, this token is also being called the "Artificial Superintelligence (ASI) token" in the new era. So, if you ask, "What is ASI coin?", we can say that it is the common token of ASA and the new identity of Fetch.ai's FET token.

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The aim of this new structure is to accelerate decentralized AI development and establish an open superintelligence infrastructure where different AI projects can work together. Today, developments in artificial intelligence are advancing at an incredible pace. This wave of innovation has accelerated even further, particularly with the emergence of large language models (LLMs). The idea of Artificial General Intelligence (AGI) is no longer a dream for many; the next stage, artificial superintelligence (ASI), is starting to be seriously discussed. ASI refers to the development of AI systems far beyond human capabilities, reaching the collective wisdom of humans. This is precisely where the ASA alliance comes in, as they believe ASI should not be concentrated in the hands of certain companies but should develop in a structure that is open and equitable for everyone. The Fetch.ai, SingularityNET, and Ocean Protocol teams are also united around this idea. ASA, a partnership of three projects, aims to establish an independent, community-based AI ecosystem to counter the monopoly of tech giants.

The three projects that make up ASA were already pioneers and well-established in their respective fields. The idea behind the merger was to combine the strengths of each to create a much more comprehensive and functional platform. For example, Fetch.ai's blockchain-based autonomous agent technology meets SingularityNET's advanced AI algorithms and R&D experience. On the Ocean Protocol side, secure data sharing and tokenization infrastructure become essential components of this mix. Thus, ASA provides a strong foundation covering every step of AI development. Another important point is that the communities and developer networks of each project are now united under a single roof. As FET, AGIX, and OCEAN token holders come together in the ASA ecosystem, hundreds of thousands of users and developers have begun contributing to this initiative. Such a broad and active participant base provides ASA with significant speed and resilience on its journey to decentralized superintelligence.

FET's History: Key Milestones

Although the Fetch.ai (FET) project doesn't have a very long history, it has achieved remarkable success in both the crypto world and artificial intelligence. Now, let's take a look at some of the key milestones in FET's journey to date:

  • 2017: The Fetch.ai project was founded in Cambridge, England, under the leadership of Humayun Sheikh. The founding team included AI experts such as Toby Simpson and Thomas Hain. During this period, the first foundations for the blockchain-based autonomous agent idea were laid.
  • 2019: The FET token was launched in a public sale on Binance Launchpad. This sale, which completed in just 22 seconds, raised $6 million. That same year, the project completed network testing and established its blockchain infrastructure.
  • 2020–2023: During this period, the team launched the platform's mainnet in January 2020. Afterward, they focused on real-world applications. Pilot projects were developed in the areas of AI agents, data exchange, and automation. Autonomous agents were tested in smart city systems, decentralized economy applications, and IoT integrations. Collaborations were established with major companies such as Bosch and Festo. New use cases combining decentralized finance (DeFi) and artificial intelligence were also explored. During this period, the team kept the ecosystem vibrant by continuously improving the platform and attending conferences and growing the developer community.
  • 2024 (first half): Fetch.ai, SingularityNET, and Ocean Protocol took a major step toward merging. In March, these three projects announced their merger under the name Artificial Superintelligence Alliance (ASA). The FET, AGIX, and OCEAN communities came together for a broader vision and a broader impact. The primary goal was to scale and accelerate AI development. On March 28, 2024, the platform reached an all-time high of $3.45.
  • June 2024: The trilateral merger was officially completed, and the ASA alliance was officially established. In a statement made on June 13th, it was announced that the three networks would now operate as a single ecosystem. The token merger was also implemented during this process. The FET token was converted at a ratio of 1 FET = 1 ASI, and the distribution of ASI tokens to AGIX and OCEAN holders began at fixed rates. Conversion rates were announced as follows: AGIX holders would receive 0.433350 $ASI for every 1 AGIX, and OCEAN holders would receive 0.433226 $ASI for every 1 OCEAN. Thus, FET became the common and universal token of ASA. This merger was one of the first examples of decentralization at this scale in both the crypto world and artificial intelligence. The resulting structure attracted attention with a total supply of 2.63 billion tokens and a combined market capitalization of approximately $7.5 billion.
  • 2025: FET price is trading around $0.60, some 80% below its 2024 record.

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Why is FET Valuable?

For a crypto project to truly stand out, it must stand out not only with its technology but also with the tangible benefits it offers. The FET coin (or its new name, the ASI token) is one such project that stands out with both its technical structure and the robust ecosystem it forms part of. So, what makes FET so special? Let's take a look at its key features and advantages:

AI-specific infrastructure

The Fetch.ai network offers a blockchain infrastructure specifically designed for artificial intelligence applications. Its architecture supports much faster and more complex transactions than traditional blockchains. Thanks to this structure, scenarios such as running machine learning models or dozens of autonomous agents simultaneously exchanging data can be easily managed. In other words, the flexibility and scalability required for AI-focused projects lie at the heart of this network.

Autonomous agents and data sharing

One of Fetch.ai's most striking features is its support for software components called autonomous economic agents (AEAs). These agents can perform specific tasks on behalf of users; For example, finding the best energy tariff, analyzing bus schedules, or planning a hotel reservation. These transactions are executed on the blockchain using smart contracts and AI algorithms, ensuring transparency and security. Furthermore, with the ASA partnership, Ocean Protocol's data sharing infrastructure has been integrated into the project. This allows large data sets to be shared securely while preserving ownership rights. This entire structure makes data exchange both intermediary-free and reliable.

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Autonomous agent architecture of FET.
Strong Community and Ecosystem Impact

Besides the technology behind FET, one of its most significant strengths is its community and ecosystem. Thanks to its integration with major projects like SingularityNET and Ocean Protocol, a vast user and developer network has emerged. This community, comprising hundreds of thousands of people, fosters the emergence of new ideas and accelerates the growth of projects. This combination creates not only technical synergy but also cultural and intellectual unity. Thanks to the active participation of the community, governance processes operate democratically, meaning the community has a voice in project decisions.

FET Token Uses

There are many possible answers to the question of what the FET token is used for. Firstly, FET is used as the primary payment instrument of the ASA ecosystem. This token is used to pay for transactions made on the network. FET is also spent to access AI services, such as running an autonomous agent or generating model output. FET tokens can also be staked. In other words, users contribute to the security of the network by locking their tokens in the network and earn rewards in return. Because the Fetch.ai network is based on a Proof-of-Stake model, staking is critical to the project's operation. Finally, the FET token is used in governance decisions within the ASA ecosystem. Token holders can have a say in project development by voting. It is also actively used in everyday use cases such as in-app purchases and data marketplace transactions.

ASI Vision: Decentralized Superintelligence

Perhaps Fetch.ai's most ambitious aspect is its aim not only to provide solutions to today's problems but also to shape the future. The project's long-term vision is to create a decentralized superintelligence (ASI) infrastructure. Toward this goal, Fetch.ai, SingularityNET, and Ocean Protocol have aligned not only technologically but also philosophically. They aim to build an open-source, community-driven, and accessible superintelligence, countering the AI development under the control of large tech companies. While this goal is indeed a grand and time-consuming journey, the ASA has embarked on this journey with a solid foundation. If the alliance achieves this goal, it will create a groundbreaking structure not only in the field of artificial intelligence but also in the crypto world. In such a scenario, the FET (or ASI, as it is now known) token could become both a store of value and a powerful tool on a global scale.

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Source: DataWallet
Who is the Founder of FET?

Who is FET? This question is frequently asked by those curious about who is behind the Fetch.ai project. Fetch.ai's founder and CEO is Humayun Sheikh. Even before starting the project, he was known as an entrepreneur with significant experience in the field of artificial intelligence. Being one of the early investors in Google's AI-focused company, DeepMind, demonstrates his vision and courage in this field. In 2017, he launched Fetch.ai in Cambridge, alongside AI and software experts such as Toby Simpson and Thomas Hain. Under Sheikh's leadership, the team developed innovative ideas combining AI and blockchain and quickly attracted attention.

Humayun Sheikh also played a significant role in the establishment of the ASA alliance. Working closely with Dr. Ben Goertzel, founder of SingularityNET, they shaped the merger process of the three projects. Ben Goertzel, a globally recognized figure in the field of artificial general intelligence (AGI) and CEO of SingularityNET, was a leading figure in the formation of ASA. On the Ocean Protocol front, founder Trent McConaghy formed the third pillar of this core team. Following the merger, Humayun Sheikh became the ASA Alliance Council Chair, while Ben Goertzel assumed the CEO position.

Before the merger, the three projects operated independently with their own teams and communities. They had separate roadmaps and priorities. After the merger, these structures maintained their core identities and were brought together around a common goal. While each project still exists under the ASA umbrella with its own legal structure, strategic decisions are now made jointly. Thanks to the harmonious collaboration of leading figures like Sheikh, Goertzel, and McConaghy, this partnership is developing strong synergy. This structure ensures balanced decision-making processes and more efficient use of resources.

In short, Humayun Sheikh not only founded Fetch.ai; He also played a key role in the creation of a visionary alliance like ASA. With both his technological know-how and strategic vision, he was one of the figures who paved the way for the project.

Frequently Asked Questions (FAQ)

Below are some frequently asked questions and answers about the Artificial Superintelligence Alliance:

  • What is the Artificial Superintelligence Alliance?: The Artificial Superintelligence Alliance (ASA) is a decentralized artificial intelligence alliance formed in 2024 by the Fetch.ai, SingularityNET, and Ocean Protocol projects. The alliance's goal is to develop an open and interoperable "superintelligence" infrastructure by combining artificial intelligence and blockchain technologies. Thanks to ASA, the technological capabilities of these three projects have been combined into a single ecosystem, and the FET token has begun to be used as a common currency.
  • What does the FET token do?: The FET token is the central cryptocurrency of the ASA ecosystem and serves multiple functions. It is primarily used as a payment tool for transactions on the network; in other words, transaction fees for activities such as smart contract transactions or data exchange are paid in FET. Furthermore, the FET token can be staked, contributing to network security, and stakers earn rewards. FET is also a versatile token used to access AI services within the ASA ecosystem (e.g., running autonomous agents) and participate in governance votes.
  • Have FET merged with AGIX and OCEAN?: Yes, Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) joined forces in 2024 to form the Artificial Superintelligence Alliance. This merger brought the technologies and communities of the three projects together under a single umbrella. The tokens were combined under the name ASI (Artificial Superintelligence). While the FET token remained the base token of this new structure, AGIX and OCEAN holders had the opportunity to switch to ASI (FET) tokens at predetermined rates.
  • Is FET decentralized?: Yes, the Fetch.ai network and the ASA alliance operate in a decentralized manner. Fetch.ai is a distributed blockchain network operated by nodes using a Proof-of-Stake consensus mechanism. Network security and transaction verification are not dependent on a central authority; participants worldwide participate in the network by running nodes and staking FET. Furthermore, within the ASA, management and development decisions are made decentralized among the community and foundations rather than a single company, creating a governance model consistent with the principle of decentralization.
  • How can I stake FET tokens?: To stake your FET tokens, you first need a wallet or platform that supports FET. Fetch.ai's own wallet or the staking services of major exchanges can be used for this purpose. Simply delegate your FET to one of the network's validators. You can start staking in a few clicks by downloading the official Fetch.ai wallet, selecting a validator, and then staking. While you're staking, your tokens remain non-transferable, but you'll earn new FET (ASI) rewards at a certain rate. Keep in mind that staking returns and conditions may vary depending on the platform you use; therefore, it's recommended to review the current guidelines before making any transactions.
  • How do AI and blockchain integrate in this project?: In the ASA alliance, AI and blockchain are integrated in a complementary way. Blockchain provides a distributed infrastructure and trust layer, enabling AI agents and algorithms to operate in a transparent and trustworthy environment. For example, Fetch.ai's autonomous agents can interact and execute transactions on the blockchain through smart contracts. SingularityNET's AI algorithms can be served and invoked through this distributed network, and thanks to the Ocean Protocol, they can securely access the big data they need through a blockchain-based marketplace. In short, while AI systems demonstrate their intelligence, blockchain provides the underlying foundation for recording, securing, and incentivizing these transactions through a token economy. Thus, AI and blockchain technologies are intertwined under the ASA umbrella, making next-generation applications possible.
  • Is FET coin's future bright?: Considering the ASA alliance and general AI trends, many are optimistic about the future of FET coin. Because the project's vision is not just to develop a short-term product but to build a decentralized superintelligence in the long term, it will have a significant impact if successful. Of course, crypto markets carry risks, and it's not right to make definitive judgments; however, considering Fetch.ai's strong partnerships, expanding ecosystem, and growing popularity in the AI field, we can say that the FET (ASI) token will continue to make a name for itself in the coming years. Investors and technology enthusiasts are closely following the project's development and hope that FET achieves the goals on its roadmap.

Follow our JR Crypto Guide series for more information on AI-based blockchain projects and the vision of decentralized superintelligence.

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