Understanding what is Artificial Superintelligence Alliance starts with its structure: it is a coalition of decentralized AI projects whose tokens were merged into FET. Fetch.ai, SingularityNET and Ocean Protocol announced the alliance on 27 March 2024, and CUDOS later joined as a compute partner.
As of 1 November 2026, CoinStats shows FET at $0.1616, with a market cap of $373.45M (rank #173) and 24h volume of $55.20M. The token is 95.32% below its all-time high of $3.45.
Core technology and blockchain architecture
The alliance combines products from several members. Fetch.ai provides uAgents, which are microservices that interact with other agents, and Agentverse, described as a hub where agents are "created, registered, deployed, and discovered." ASI-1 Mini, launched on 25 February 2025, is marketed as a Web3-native large language model for agentic workflows, with a 200,000-token context window.
SingularityNET hosts a marketplace for AI services. CUDOS is building a decentralized GPU compute layer on the Cosmos SDK. ASI:Chain is a planned Layer 1, and its DevNet runs one bootstrap node, three validator nodes and one observer node.
FET is deployed on Ethereum, BNB Smart Chain, Osmosis, Cardano and Cronos, and CoinStats lists contract addresses on each network.
Primary use cases and applications
FET is designed to pay for AI activity. Agents can send micro-payments to one another, and all new SingularityNET services are published with FET as the payment method. Holders can also stake FET and delegate it to validators through the ASI Alliance Wallet.
Who is behind Artificial Superintelligence Alliance and where is it based?
Humayun Sheikh is CEO of Fetch.ai and chairman of the alliance. Dr. Ben Goertzel founded SingularityNET and was named CEO of the alliance at its formation. Ocean Protocol was co-founded by Trent McConaghy and Bruce Pon. The team is publicly named, so it is not anonymous.
The alliance was announced in March 2024, the merger was finalized on 13 June 2024, and the token merger began on 1 July 2024. Fetch.ai's founding year is commonly cited as 2017, although a 2019 Fetch document states 2015. SingularityNET was founded in 2017.
The alliance is incorporated in Singapore as Superintelligence Alliance (Singapore) Ltd, and each member protocol remains a separate legal entity. Its announcements were datelined "Zug, Switzerland & Singapore." Fetch.ai is listed as Cambridge-based in some sources, while CoinStats reports that its headquarters later moved to Dubai. The sources do not confirm a single operating country for the team.
Tokenomics
Total supply is 2,714,384,547 FET, and circulating supply is 2,311,508,384 FET. During the merger, 1 AGIX converted to 0.433350 FET and 1 OCEAN converted to 0.433226 FET. To support the swap, 1,477,549,566 new FET were minted on 3 May 2024.
A third-party analysis states that no supply cap exists in code and that a 3-of-5 Safe controls minting. It also reports two on-chain burns: 5 million FET on 10 January 2025 and 109,350 FET on 5 November 2025. The sources reviewed do not provide a full distribution breakdown or vesting schedule.
Consensus mechanism and network security
Tendermint is a Byzantine fault-tolerant protocol in which validators take turns proposing blocks and voting on them. A third-party review states that the Fetchhub-4 mainnet runs on the Cosmos SDK with CometBFT consensus. On 25 September 2026, the staking module showed 71 validators bonded against an on-chain cap of 91, and two validators held more than one-third of bonded stake.
Key partnerships and ecosystem integrations
CUDOS and the alliance launched the ASI:Accelerator Program in November 2025 to support AI and Web3 teams. Ocean Protocol withdrew from the alliance on 9 October 2025. Fetch.ai has since sued Ocean over 263M FET of community sales, and Ocean has rejected the claims.
Competitive advantages and unique value proposition
The alliance describes itself as "the world's largest open-source initiative dedicated to decentralized AGI." Its distinguishing feature is that it combines agent infrastructure, a Web3-native language model, a compute layer and a Cosmos-based chain under one token.
Current development activity and roadmap highlights
The alliance publishes biweekly development updates, and Edition 14 covered 22 August to 4 September 2026. ASI:Create entered closed beta on 23 June 2026. ASI:Chain targets mainnet "by late 2026 or early 2027," according to DataWallet. The 2026 roadmap includes open-source inference models, speech-to-text and voice integration, image and video generation, and fiat and card payments.
In September 2026, the alliance confirmed an exploit affecting the FET migration and bridge infrastructure, in which about $1.56 million of FET was withdrawn from the converter. Treasury and exchange wallets were not affected. Bitquery has claimed that counterfeit supply was minted, but the alliance has not confirmed this.