How ASI Works
Each project within ASI retains its independence but contributes to the overall mission. Here’s how each plays a role:
|
Project |
Purpose |
|
Fetch.ai (FET) |
Develops autonomous AI agents in the building and automation of tasks. |
|
SingularityNET (AGIX) |
Provides a decentralized AI marketplace for developers. |
|
Ocean Protocol (OCEAN) |
Allows safe and decentralized data sharing for AI. |
|
Cudos (CUDOS) |
Provides decentralized cloud computing power. |
Fetch.ai (FET)
Fetch.ai uses the development of a decentralized digital economy by mixing blockchain technology with AI. It makes it possible for independent AI agents to perform a variety of functions, including market forecasting, data sharing, and other automated services.
How Fetch.ai Works:
- Uses a consensus method known as proof-of-stake (PoS).
- Uses Autonomous Economic Agents (AEAs) to make decisions based on artificial intelligence.
- Operates the Fetch Smart Ledger, a blockchain optimized for AI transactions.
FET Token Supply (Before Merge)
- Total supply: 1,152,997,575 FET
- Distribution:
- Foundation: 20%
- Founders: 20%
- Token sale: 17.6%
- Future releases: 17.4%
- Mining: 15%
- Advisors: 10%
Ocean Protocol (OCEAN)
Data may be bought and sold decentralized thanks to Ocean Protocol. It ensures secure AI data sharing through blockchain technology.
How Ocean Protocol Works:
- Uses data tokens (ERC-20) to provide access to datasets.
- Allows data providers to sell access without losing control.
- Uses Automated Market Maker (AMM) pools for pricing.
OCEAN Token Supply (Before Merge)
- Total supply: 1,410,000,000 OCEAN
- Distribution:
- Foundation: 20%
- Founders: 20%
- Token sale: 17.6%
- Future releases: 17.4%
- Mining rewards: 15%
- Advisors: 10%
SingularityNET (AGIX)
A decentralized AI marketplace called SingularityNET enables developers to make money off of AI services. Dr. Ben Goertzel, an AI researcher, founded it.
How SingularityNET Works:
- Provides an AI marketplace where developers sell AI models.
- Uses AGIX tokens for staking, governance, and payments.
- Supports artificial intelligence in natural language processing, picture processing, and speech recognition.
AGIX Token Supply (Before Merge)
- Total supply: 2,000,000,000 AGIX
- Distribution:
- Token sale: 50%
- Incentives for early adopters: 20%
- Core team & early contributors: 18%
- SingularityNET Foundation: 8%
- Bounty programs: 4%
Cudos (CUDOS)
As an alternative to centralized cloud services like Amazon AWS, Cudos offers decentralized cloud computing capacity.
How Cudos Works:
- Uses a delegated proof-of-stake (DPoS) blockchain model.
- Offers low-cost access to computing resources for AI.
- Supports the ASI Alliance with scalable GPU computing power.
ASI Governance & Token System
ASI has a unique governance model:
- The alliance is registered in Singapore as a separate entity.
- Each member retains control over their operations, teams, and treasuries.
- ASI is governed by a council with leaders from each project.
- A new ASI token was created, merging the previous tokens.
ASI Leadership
- Chairman: Humayun Sheikh (Fetch.ai)
- CEO: Dr. Ben Goertzel (SingularityNET)
- Council Members: Trent McConaghy & Bruce Pon (Ocean Protocol)
Why ASI Matters
The ASI Alliance is significant because it challenges centralized AI dominance. By combining AI with blockchain, it:
- Enhances transparency.
- Increases accessibility.
- Promotes ethical AI development.
- Provides decentralized computing power.
Decentralized open-source innovation will be the future of AI. ASI is leading toward a future in which AI would become more available, ethical, and powerful.
