💡 What is Artificial Super Intelligence (FET)?
Artificial Super Intelligence (ASI) is the result of a collaboration between Fetch.ai, SingularityNET, and Ocean Protocol. Together, they aim to create a decentralized platform for artificial intelligence that is open and accessible to everyone.
In July 2024, the first phase of token consolidation began. Tokens AGIX and OCEAN were temporarily integrated into FET, with plans to later convert FET into the new ASI token. This partnership combines the strengths of three pioneering projects:
- Fetch.ai: Develops autonomous AI agents.
- SingularityNET: Provides infrastructure for decentralized AI services.
- Ocean Protocol: Focuses on secure data exchange.
Origins of Artificial Super Intelligence
The Artificial Super Intelligence Alliance was officially formed in March 2024. Key milestones include:
- 2018–2024: Development of foundational technologies by the three projects.
- March 2024: Public announcement of the alliance.
- July 2024: Initiation of token consolidation.
Key Innovators Behind ASI
The alliance is spearheaded by:
- Ben Goertzel (SingularityNET)
- Humayun Sheikh (Fetch.ai)
- Bruce Pon (Ocean Protocol)
How Does Artificial Super Intelligence Work?
ASI leverages decentralized protocols to create scalable, autonomous systems. Key components include:
Decentralized AI Networks
Unlike traditional centralized AI, ASI distributes computational power and model training across independent participants, ensuring scalability and transparency.
Autonomous Economic Agents (AEAs)
AEAs are self-operating software agents that execute economic tasks without human intervention. In the ASI ecosystem, they:
- Automate data flows.
- Facilitate real-time resource trading.
- Use FET tokens for payments and governance.
Secure Data Marketplaces
ASI enables secure, decentralized data trading through:
- Encrypted transactions via smart contracts.
- Monetization without centralized intermediaries.
Knowledge Layer and Ontologies
The Knowledge Layer organizes data semantically, helping AI agents:
- Understand context.
- Make informed decisions.
- Interact precisely with other machines.
Federated Learning
ASI employs federated learning to train AI models while keeping data local, enhancing privacy and security.
Applications of Artificial Super Intelligence
ASI has transformative potential across multiple sectors:
- Healthcare: Enhanced diagnostics and drug development.
- Scientific Research: Autonomous hypothesis generation and testing.
- Climate Solutions: Optimized resource management and energy systems.
👉 Explore ASI's potential in decentralized AI
How to Buy and Store FET Tokens
Purchasing FET
FET can be acquired through regulated exchanges like:
- Bitvavo
- Bitpanda
- Kraken
Steps to buy:
- Select an exchange supporting FET.
- Create and verify an account.
- Deposit funds.
- Purchase FET.
- Transfer to a secure wallet.
Recommended Wallets
For optimal security, use hardware wallets such as:
- Ledger Nano S Plus
- Trezor One
Tax Considerations
In Germany, FET profits are taxable if sold within a year and exceed €1,000. Use tools like CoinTracking for compliance.
Staking FET Tokens
Staking FET involves delegating tokens to validators to earn rewards. Key steps:
- Acquire FET.
- Set up a compatible wallet (e.g., ASI Wallet).
- Choose a validator and delegate FET.
- Monitor rewards via the wallet dashboard.
👉 Maximize returns with ASI staking
Risks and Challenges of ASI
Advantages
- Superior problem-solving capabilities.
- Autonomous research and innovation.
- Efficient global system optimization.
Risks
- Unpredictable decision-making.
- Potential misalignment with human values.
- Lack of transparency in AI processes.
Final Assessment of ASI (FET)
Key Takeaways
- Technology: ASI combines decentralized AI, autonomous agents, and data marketplaces.
- Token: FET serves as the ecosystem’s economic backbone.
- Use Cases: Healthcare, science, and climate are primary applications.
- Governance: Decentralized but faces challenges in transparency and control.
- Potential: ASI could redefine AI development over the next decade.
Frequently Asked Questions (FAQs)
1. What is the Artificial Superintelligence Alliance?
A collaboration between Fetch.ai, SingularityNET, and Ocean Protocol to build decentralized AI infrastructure.
2. When will FET convert to ASI?
No official timeline yet; FET remains the primary token.
3. What is FET’s total supply?
~2.71 billion tokens after integrating AGIX and OCEAN.
4. Do Fetch.ai, SingularityNET, and Ocean Protocol remain independent?
Yes, they operate separately but collaborate under the ASI alliance.
5. How does ASI ensure data privacy?
Through federated learning and encrypted data marketplaces.
For further reading, visit: