The Artificial Superintelligence (ASI) Alliance is an open-source initiative formed in April 2024 to pursue decentralized Artificial General Intelligence (AGI). It initially brought together Fetch.ai, SingularityNET, and Ocean Protocol, with CUDOS joining later as a network member.
The alliance was created through a community-approved token merger. AGIX and OCEAN were converted into FET, which became the single token of the alliance.
The alliance aims to offer an open-source technology stack that lets developers, enterprises, and researchers build and connect AI services. Key components include Fetch.ai's autonomous agent technology and SingularityNET's AI service marketplace.
Its stated purpose is to keep advanced AI as a shared, accessible resource rather than one controlled by a few large companies. CUDOS contributes decentralized computing resources to support AI workloads.
Data provided by CoinGecko
After the merger, FET's maximum supply was set at roughly 2.6 billion tokens, and holders of the legacy tokens could convert them at fixed ratios. FET is used for network fees, staking, and access to ecosystem services.
In October 2025 the Ocean Protocol Foundation withdrew from the alliance to pursue an independent path. By then about 81% of OCEAN had already been converted, and disputes and legal action over token movements followed.
Combining several AI-focused blockchain projects under one token and alliance structure is a notable attempt to pool scale and development capacity. Its focus on open-source, decentralized AI infrastructure gives it a clear direction.
However, the Ocean Protocol exit showed that conflicts of interest and governance issues can arise among members. The long-term AGI goal remains uncertain, and the token is exposed to the high volatility and regulatory risks common to crypto assets.
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