Skip to content
Sign inAccount
Menu
Sign inAccount
Artificial Superintelligence AllianceFETRare
72/100STRICT
Rare
#121market cap21 Oct 2026

Artificial Superintelligence Alliance

FET
AI, technical infrastructure weightsMarket-cap rank 121, CoinGecko 23 Oct 2026
Fundamentals, not price
PillarRatingPosition on the 0 to 100 scaleWeightAdds
Sustainability66×0.1811.88
Transparency70×0.149.80
Revenue58×0.148.12
Innovation82×0.2621.32
Community74×0.1410.36
Tokenomics75×0.1410.50
Weighted sum, weights total 1.0071.98Rounds to the published score72
Analysed
21 Oct 2026
Engine
v5.2.0
Computed
2026-10-21 11:56 UTC
Inputs hash
ce340a81d068

Pro opens Artificial Superintelligence Alliance in full. Change, scenario, signal, risk factors, catalysts.

See plans

Research, not financial advice. Read the terms.

Pillar evidence

Input set 21 Oct 2026. 6 sources, 12 citations.
Each arc is one pillar rating, drawn to scale from 0 to 100.
Sustainability66

Can this project keep operating and funding itself for years?

Mainnet operation since 2019 and the October 2024 CUDOS compute merger support multi-year infrastructure longevity, tempered by Ocean Protocol exiting in October 2025.12

Transparency70

Can outsiders see and check what the team and the protocol do?

Public Cosmos SDK node code, active uAgents repositories, and on-chain governance Proposals 31 and 33 provide visibility despite past alliance treasury disputes.13

Revenue58

Does the protocol earn real fees or income from use?

FET gas fees, Almanac contract registrations, and managed Agentverse hosting generate baseline protocol cash flow, though enterprise billing remains early.42

Innovation82

Is the technology being built and shipped, and does it matter?

The uAgents Python library, on-chain Almanac registry, Agentverse cloud IDE, and ASI:One Agent Chat Protocol form a specialized autonomous agent stack.35

Community74

Who uses, builds and holds it, and how durable is that base?

Millions of registered Agentverse agents, active open-source Python developers, and global Cosmos validators sustain ecosystem participation across the ASI Alliance.45

Tokenomics75

Do supply, issuance and unlocks protect holders from dilution?

With 2.31 billion FET circulating out of a 2.71 billion maximum supply (85.2%), low remaining dilution applies a 0.5-point penalty to an 8.0 base score.62

Sources

About Artificial Superintelligence Alliance

Analysis of 21 Oct 2026

Artificial Superintelligence Alliance (FET) operates a decentralized network built for autonomous economic software agents. Founded in 2017 and launched on mainnet in 2019, the Cosmos SDK chain coordinates discovery, negotiation, and settlement.

Full overviewShow less

Developers build autonomous services using the open-source Python uAgents library and register cryptographic endpoints on the Almanac smart contract. Cloud hosting and IDE tooling run through Agentverse, while the ASI:One model connects user prompts to specialized agents via the Agent Chat Protocol.

In 2024, the protocol united with SingularityNET and integrated CUDOS distributed compute nodes via governance Proposals 31 and 33. Ocean Protocol exited the alliance on October 9, 2025 to pursue independent operations, though the 0.433226 FET conversion bridge stayed open.

As of October 21, 2026, circulating supply stands at 2.31 billion FET out of a 2.71 billion maximum cap, or 85.2% circulation.

Investment thesis

The investment case for FET rests on whether autonomous software agents require decentralized identity and settlement rails. Rather than training foundational language models against hyperscale cloud providers, the network targets multi-agent coordination and micro-transactions.

Full thesisShow less

Every deployed agent uses FET to register on the Almanac contract, query peer services, and settle machine-to-machine payments. The October 2024 CUDOS merger added distributed GPU and cloud compute capacity to the Cosmos-based mainnet under a 112.427:1 conversion ratio.

Supply mechanics limit future dilution risk, with 2.31 billion FET circulating from the 2.71 billion maximum supply as of October 2026. However, fundamental valuation requires stronger commercial evidence than developer registrations alone.

On-chain gas consumption and Agentverse hosting subscriptions still generate modest recurring cash flow. Alliance governance also faced turbulence when the Ocean Protocol Foundation withdrew on October 9, 2025 with 270 million OCEAN unconverted.

An ACCUMULATE posture reflects functional agent tooling and 85.2% supply circulation balanced against early enterprise revenue.

Strengths
  • Production autonomous agent stack combining the Python uAgents library, on-chain Almanac registry contracts, Agentverse cloud hosting, and ASI:One routing.
  • Low remaining emission overhang with 2.31 billion FET circulating out of a 2.71 billion maximum supply, equal to 85.2% circulation.
  • Native CUDOS mainnet integration completed in October 2024 adds decentralized GPU and cloud compute resources to the alliance infrastructure.
  • Deep Tier-1 exchange liquidity across Binance, Coinbase, and Kraken supports high daily turnover across native Cosmos and ERC-20 markets.
Risks
  • Enterprise commercial billing from Agentverse deployments and Almanac registrations remains small relative to total network valuation.
  • Ocean Protocol withdrew from the ASI Alliance on October 9, 2025, highlighting coordination friction across multi-foundation token mergers.
  • Open-source agent frameworks from centralized AI labs and rival Web3 networks compete directly with uAgents without requiring token gas.
  • Severe historical drawdowns exceed 90% from the March 2024 peak, exposing holders to high cyclical beta during market contractions.
Competitive position

Within the decentralized AI sector, the Artificial Superintelligence Alliance specializes in autonomous agent coordination rather than raw model training. Bittensor focuses on incentivized machine-learning subnets, while Render and Akash aggregate distributed GPU rendering and compute capacity.

Full positionShow less

By contrast, the FET stack centers on the uAgents Python library, Almanac discovery contracts, and ASI:One task routing. Merging CUDOS in October 2024 brought internal compute hardware to complement SingularityNET marketplace services.

Even after Ocean Protocol departed in October 2025, the alliance retains one of the largest developer footprints in Web3 AI. Long-term differentiation depends on proving that on-chain agent registries and FET micro-payments outperform off-chain enterprise APIs.

Conclusion

As of October 21, 2026, Artificial Superintelligence Alliance pairs an active autonomous agent software stack with constrained token supply dilution. With 2.31 billion FET circulating out of the 2.71 billion maximum cap, 85.2% of total supply is already in public hands.

Full conclusionShow less

The uAgents framework, Almanac registry, and ASI:One interface deliver live infrastructure, though October 2025 alliance departures underscore multi-project governance risk. An ACCUMULATE rating holds while developers expand Agentverse deployments, with sustained enterprise fee growth required to justify an upgrade to BUY.