The Artificial Superintelligence Alliance (ASI) is a collaboration between Fetch.ai, SingularityNET, and Ocean Protocol, aiming to advance decentralized artificial intelligence (AI) technologies. In March 2024, these organizations announced a definitive agreement to merge their utility tokens into a unified token, initially named FET, and later to be rebranded as ASI.
This merger seeks to create the largest open-source, independent entity in AI research and development, focusing on decentralized Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI). By combining resources and expertise, the alliance aims to foster innovation, transparency, and inclusivity in AI development, offering an alternative to AI ecosystems dominated by large technology companies.
The ASI token serves as the unified cryptocurrency for this alliance, facilitating transactions and interactions within the decentralized AI ecosystem. The token merger process involved converting existing tokens from Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the new ASI token at specified conversion rates.
Overall, the Artificial Superintelligence Alliance represents a significant step toward a decentralized AI ecosystem, leveraging blockchain technology to promote ethical and equitable AI development.
