The Artificial Superintelligence (ASI) Alliance, a collaborative initiative involving SingularityNET, Fetch.ai, and Ocean Protocol, has successfully deployed the FET (ASI) native token on the Cardano blockchain. This strategic move marks a pivotal step in the Alliance’s mission to build a decentralized and ethical AI ecosystem, bolstered by Cardano’s secure and scalable infrastructure.
A Major Rebranding and Deployment on Cardano
The newly deployed FET token, now branded under the Artificial Superintelligence (ASI) banner, will replace the existing AGIX native Cardano token. This transition is part of the ASI Alliance’s broader vision to enhance interoperability and establish a robust presence on the Cardano network. Users will see the FET (ASI) token reflected in Cardano block explorers within the coming days, paving the way for further tool deployments throughout September.
Key Developments and Tools for the Community
With the successful creation of FET on Cardano, the ASI Alliance plans to roll out a series of tools designed to enhance the utility and accessibility of FET (ASI) across major blockchain networks:
- Direct CNT AGIX to CNT FET Migration Tool: A dedicated migration tool has been introduced to facilitate the seamless conversion of AGIX tokens to FET tokens. This tool simplifies the migration process for Cardano users, ensuring a smooth transition as the ASI Alliance pivots towards its new token standard.
- Ethereum-Cardano Bridge for FET (ASI): The existing Ethereum-Cardano bridge has been updated to support the transfer of FET (ASI) tokens between the Ethereum and Cardano networks. This enhanced cross-chain functionality is expected to boost liquidity and adoption of FET (ASI) across diverse decentralized ecosystems, further cementing Cardano’s role in the ASI Alliance’s strategy.
Future Developments and ASI’s Role on Cardano
The ASI Alliance has outlined a roadmap that includes future developments for ASI on Cardano, such as an eventual ticker change from FET to ASI and the creation of sophisticated on-chain ASI products leveraging Cardano’s Plutus Core infrastructure. These advancements are part of the Alliance’s commitment to using blockchain technology to drive the development of Artificial Superintelligence, ensuring it remains accessible and beneficial to all stakeholders.
Dr. Ben Goertzel, CEO of SingularityNET and a key figure in the ASI Alliance, expressed enthusiasm about the deployment: “The low cost, high speed, top security, and mathematical elegance of the Cardano infrastructure have been an inspiration to me since the early days of SingularityNET. As we grow the ASI Alliance in accordance with its mission to lead the transition from today’s AI applications to tomorrow’s Artificial General Intelligence and then superintelligence, the Cardano native-asset version of the ASI token and Cardano versions of ASI software tools and platforms are envisioned to play an ongoingly central role.”
Strengthening the Partnership with Cardano
This deployment underscores the ASI Alliance’s dedication to its long-standing partnership with Cardano. The collaboration aims to leverage Cardano’s blockchain technology to accelerate the development of Artificial Superintelligence while maintaining a focus on decentralization, security, and accessibility. The Alliance encourages developers, businesses, and community members to explore the new tools and contribute to the expanding decentralized AI ecosystem.
About the Artificial Superintelligence Alliance
The Artificial Superintelligence (ASI) Alliance is a collective formed by Fetch.ai, SingularityNET (SNET), and Ocean Protocol. As the largest open-source, independent entity in AI research and development, the Alliance seeks to advance decentralized Artificial General Intelligence (AGI) and ultimately Artificial Superintelligence (ASI). The group aims to create AI that is independent, open, and beneficial for all, without being constrained by the narrow goals of any single corporation or country.
For more information on ASI, visit superintelligence.io.
About SingularityNET
Founded by Dr. Ben Goertzel, SingularityNET is dedicated to creating a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). The SingularityNET team comprises experienced engineers, scientists, researchers, and entrepreneurs, working towards the vision of an open and accessible AGI. The platform and AI teams are complemented by specialized groups focusing on various application areas, including robotics, biomedical AI, finance, media, arts, and entertainment.
The deployment of FET (ASI) on Cardano represents a significant leap forward in the Alliance’s mission, showcasing the powerful synergy between advanced AI technologies and cutting-edge blockchain solutions. As these tools roll out and the ASI ecosystem evolves, the community and broader decentralized world will watch closely to see how this initiative reshapes the landscape of AI and blockchain integration.
