What the Artificial Superintelligence Alliance is
The Artificial Superintelligence Alliance is the merger of three previously separate AI-crypto projects — Fetch.ai, SingularityNET and Ocean Protocol — announced in March 2024 and rolled out over the following months, with Fetch.ai's FET token becoming the alliance's single unit of account. SingularityNET's AGIX and Ocean's OCEAN holders swapped their tokens for FET at fixed ratios, and CUDOS, a decentralised compute network, joined the alliance shortly after. The stated goal is blunt: pool resources, talent and liquidity to build an open, decentralised alternative to the closed AI stacks run by Big Tech.
Fetch.ai supplies the agent framework — its uAgents toolkit lets developers spin up autonomous software agents that can negotiate, transact and coordinate on-chain, aimed at everything from decentralised logistics to automated DeFi trading. SingularityNET contributes a marketplace for AI services and deeper research ambitions around artificial general intelligence, a term the project uses more liberally than most AI researchers would. Ocean Protocol adds data-sharing and data-monetisation tooling, letting parties trade access to datasets without handing over the raw data itself.
What FET is used for
FET pays for transactions and services across the alliance's stack, secures the Fetch.ai blockchain through staking, and functions as the alliance's governance token. In practice, adoption still looks more like a token merger story than a product story — the individual pieces (agent framework, AI marketplace, data protocol) are real and have shipped code, but a live, high-volume market for autonomous AI agents transacting value on-chain hasn't materialised at any real scale yet.
Risks
This is a token whose price has moved far more on AI narrative momentum than on usage metrics — FET has repeatedly spiked on generic 'AI plus crypto' hype cycles and given much of it back when that enthusiasm cooled. Merging three separate codebases, communities and roadmaps into one alliance is a genuinely hard execution problem, and overlapping or redundant tooling between the former projects is a real integration risk, not a hypothetical one.
There's also a branding gap worth noting: the entity calls itself the Artificial Superintelligence Alliance and has floated renaming the ticker to ASI, yet FET remains the token traded on exchanges, which creates recurring confusion for newcomers. As with most AI tokens, treat any claim about proximity to actual artificial general intelligence with heavy scepticism — the technology described in marketing materials and the technology actually deployed on-chain are not the same thing.