Artificial Superintelligence Alliance (FET) AUD Price

Artificial Superintelligence Alliance Price Data

Artificial Superintelligence Alliance (FET) currently has a price of $0.29 and is down -4.18% over the last 24 hours. The cryptocurrency is ranked 106 with a market cap of $645.2M. Over the last 24 hours, it saw $73M of trading volume. The token has a circulating supply of 2.3B tokens out of a total supply of 2.7B tokens.

Fetch.ai (FET) is a decentralized machine learning platform and a founding member of the Artificial Superintelligence Alliance (ASI). Originally launched to facilitate an "autonomous agent" economy, Fetch.ai merged with SingularityNET (AGIX) and Ocean Protocol (OCEAN) in 2024 to create the largest open-source, decentralized network dedicated to the development of Artificial General Intelligence (AGI).

Within the Alliance, the FET token serves as the primary reserve asset and has been designated as the "base" token for the migration to the unified ASI ticker. It functions as the utility and governance layer for a multi-chain ecosystem that includes:

• Autonomous Economic Agents: AI entities that perform tasks like data processing, supply chain optimization, and trading without human intervention.

• AI Engine & Agentverse: A developer suite for building and deploying agent-based services.

• ASI Chain: A high-throughput Layer 1 blockchain (utilizing a blockDAG architecture) designed to coordinate AI compute and data sharing at scale.

The ASI Merger & Migration: The merger is a phased integration. In Phase 1, AGIX and OCEAN tokens were migrated into FET. In Phase 2, the collective ecosystem is transitioning to the final ASI branding and deploying the token across major networks including Ethereum, BNB Chain, and the native ASI Mainnet. Holders of FET on most major exchanges saw their assets automatically rebrand, while self-custody users can utilize official migration contracts that remain open for long-term conversion.