FET

FET is the native token of the Artificial Superintelligence (ASI) Alliance, a major open-source initiative launched in April 2024 that unifies three prominent blockchain-based AI projects: Fetch.ai, SingularityNET, and Ocean Protocol, with CUDOS participating as a network member. Through a community-approved tokenomic merger, FET consolidated the previous tokens AGIX, FET, and OCEAN into a single unified asset designed to accelerate decentralized Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) development. The token serves as the foundational utility asset for the ASI Alliance's collaborative framework, enabling transactions, governance participation, and incentive mechanisms across the decentralized AI research and development ecosystem. FET holders can engage with the alliance's open-source innovation stack, which provides tools and infrastructure for developers, enterprises, and researchers to build ethical and scalable AI solutions on blockchain networks. The initiative positions itself as the largest independent, open-sourced entity dedicated to AI advancement, emphasizing decentralization and accessibility to ensure that advanced intelligence remains a shared resource rather than controlled by centralized entities.