Artificial Superintelligence Alliance

The original plan called FET the reserve asset, promised an eventual ASI ticker and gave AGIX and OCEAN fixed conversion rates. On July 1, 2024, Phase I opened migration while FET markets stayed live. A later Alliance release called the core merge complete with more than half of circulating Alliance supply converted, yet also called the next stage post-merger integration.

Current Fetch network documents still distinguish native FET from ERC-20 FET at 0xaea46A60368A7bD060eec7DF8CBa43b7EF41Ad85. They describe a bridge and future convergence, not a single new ASI contract that has replaced every representation. The ticker’s persistence is therefore evidence of an unfinished identity transition, not a cosmetic error.

For AGIX and OCEAN, Fetch minted 1,477,549,566 FET in May 2024: 866,700,367 for AGIX at 0.433350 and 610,849,199 for OCEAN at 0.433226. Added to 1,152,997,575 existing FET, the stated total became 2,630,547,141. Each old holder still needed an exchange or self-custody path to realize that arithmetic.

CUDOS arrived through another contract. The 112.427 market ratio became 118.344 CUDOS per FET after a 5% merger fee; public conversions vested three months and treasury conversions ten. The plan stated an 88,946,755.672 FET increase, so its supply effect should not be hidden inside the earlier 2.63 billion figure.

CUDOS announced on October 28, 2024 that the token and blockchain merger had fully completed, including the transfer of its final state to Fetch. The v0.14.0 upgrade procedure specified Fetch height 18,938,999, a fixed CUDOS genesis export and migration configuration for validators’ first restart. The completion announcement establishes the reported implementation; the guide supplies its technical procedure. Balances, delegations and rewards moved as chain state, a more concrete integration than a logo or council announcement.

The founding announcement had always kept Fetch.ai, SingularityNET and Ocean foundations, teams and treasuries independent. On 2025-10-09 Ocean Protocol Foundation exercised that separation, resigned its directors and left the Alliance. It reported 81% of OCEAN converted, 270 million OCEAN unconverted and a Fetch-controlled bridge still offering 0.433226 FET per OCEAN.

The present Alliance landing page names Fetch.ai, SingularityNET and CUDOS. A separate governance page still says Ocean participates and retains representatives. That official contradiction makes historical labels unsafe as current membership evidence. It also shows why an Alliance council, separate foundations and on-chain validators must not be collapsed into one administrator.

Native FET delegators select validators, earn block rewards, inherit slashing risk and wait 21 days to unbond. Delegated stake or a validator is also the route to governance over parameters and software upgrades. ERC-20 balances must bridge before entering this native security system, and validators—not the Alliance council alone—coordinate an approved chain upgrade.

Agents can spend FET to register in the Almanac, pay transaction fees and purchase named services. Product operators still decide accounts, licenses, model access, data permissions and compute allocation. A token balance is a means of payment and potential chain vote, not ownership of ASI-1, Agentverse, SingularityNET research, CUDOS hardware or any user’s agent output.