AI is a hot topic across all industries in 2025, and cryptocurrency is no exception. One popular AI crypto is Artificial Superintelligence Alliance (FET). This guide demonstrates how to buy FET, step-by-step. Here’s what to know.
KEY TAKEAWAYS ➤ Purchasing Artificial Superintelligence Alliance (FET) involves selecting an exchange, depositing funds, and creating an order. ➤ FET is set to rebrand into ASI, with token conversions coordinated by exchanges and specific exchange rates for AGIX and ecosystem tokens. ➤ The Artificial Superintelligence Alliance combines AI-focused projects like Fetch.ai, SingularityNET, and Ocean Protocol to build a decentralized AI ecosystem. ➤ The migration and conversion processes for ecosystem to ASI may be confusing and requires thorough research before investing.
To buy Artificial Superintelligence Alliance (FET), you must follow these general steps:
In the following in-depth guide, we will use Kraken to make our purchase. However, these steps will apply to most exchanges, so you can follow along regardless of the platform you choose.
1. Select an exchange: Before you can purchase FET, you will need to select an exchange. Most exchanges prefer that you make your transaction on your mobile device. Therefore, you will have to go to your mobile store and search for the exchange, Kraken, in our case, and install the app.
2. Go to the Explore tab: You can go to the Buy tab or the Explore tab to search for Artificial Superintelligence Alliance.
3. Select Fetch.ai (FET): On the following page, search for FET. After you find it, select the token to proceed to the next step.
4. Select the Buy option: After you complete the previous step, you will navigate to the FET token profile page on Kraken. Here, you will see a price, the price performance, and a chart with different time intervals. Below that, you will see different actions you can take (e.g., Buy, Deposit, Convert, and More). Select the Buy option.
5. Select the order type: You will immediately see a page requesting you select an order type. The options are Buy now, Recurring, and Custom. You can select whatever order type you like. For this demonstration, we will proceed with the Buy now option.
6. Select the payment method: Choose your preferred payment method to continue. If you are new to Kraken, you will have to make a first-time deposit. You can do this via crypto, bank transfer, or debit/credit card. Finally, select the amount you would like to purchase and press Next.
7. Confirm your order: Look over the details of your transaction and make sure all of the order details are correct. Once everything is confirmed, Swipe to confirm your order.
Kraken is a U.S.-based centralized exchange (CEX) that supports a global group of customers. It is popular for its trading experience, which includes margin trading, derivatives, OTC trading, and more.
Bitget was founded in 2018 and has since become one of the most popular platforms according to trading volume. Some of its features include copy trading, trading bots, and derivatives.
Established in 2018, Bybit is a popular cryptocurrency exchange. Ben Zhou founded the exchange in Dubai and it has since grown to support over 45 million users across the world.
The Artificial Superintelligence (ASI) Alliance is a cooperative of AI-focused web3 projects. These include Fetch.ai (FET), SingularityNET (AGIX), and the Ocean Protocol (OCEAN). These protocols have combined to provide decentralized artificial superintelligence (ASI) for corporate and retail consumers while also securing AI compute.
Quick definition: AI compute refers to the computational resources required for training and deploying artificial intelligence systems.
ASI Alliance: Integration PhaseFor those who may have missed the announcement this week, here are the most recent updates relating to the Artificial Superintelligence Token Merge.@Fetch_ai @oceanprotocol @SingularityNET https://t.co/i4dnZy4vrl
— Artificial Superintelligence Alliance (@ASI_Alliance) July 25, 2024
The FET, AGIX, and OCEAN tokens will combine to create the ASI token. To build ASI, a universal AI token, all tokens will be combined.
The alliance’s base token, FET, will turn into ASI. An extra 1.48 billion tokens will be created, of which 867 million will be distributed to holders of AGIX and 611 million to holders of OCEAN tokens. 2.63 billion ASI tokens will be available in total.
Fetch.ai is an AI company based in Cambridge, U.K. Its purpose is to redefine the possibilities of an intelligent and connected world through its AI agent-based technology. The infrastructure technology from Fetch.ai gives developers and companies the ability to create, implement, and make money using an agent-based modular platform for the newest AI applications.
Ocean Protocol is a digital platform that uses blockchain technology to safely share and trade data. Its solutions allow organizations and individuals to trade tokenized data assets, allowing them to manage data throughout the AI model’s life cycle.
Some of the Ocean-powered applications include a decentralized marketplace for data buyers and sellers, data science competitions, data DAOs, and Predictoor.
SingularityNET is a decentralized network that employs decentralized technology to establish a marketplace for artificial intelligence services. The platform aims to provide accessibility to AI services while also accelerating the development of artificial general intelligence (AGI).
Dr. Ben Goertzel founded SingularityNET. According to Dr. Goertzel, AGI should be autonomous of any central entity, accessible to all, and not limited to the narrow aims of a single corporation or government.
Before you purchase FET, it is important to point out that the Artificial Superintelligence Alliance ecosystem is rather fragmented and may be difficult for users to navigate. As mentioned in this guide, FET is set to rebrand to ASI, and the tokens of each ecosystem will merge with FET.
This means that the tokens that make up FET may still be available in several markets, or may be held by many traders. It is important to know which tokens you are buying, given the confusion that may arise from the merge.
The exchange rate between $FET and $ASI is 1:1. Therefore, if the user possesses 500 FET, they can convert it into 500 ASI (i.e. FET) tokens.
Ocean Protocol (OCEAN) token holders will receive 0.433226 ASI tokens for every OCEAN token, while SingularityNET (AGIX) token holders will receive 0.433350 ASI tokens for each AGIX token.
You don’t need to do anything if your tokens are on a centralized exchange. ASI will coordinate conversions with each exchange, and your holdings will automatically be converted to ASI tokens.
When an exchange has converted all of its old tokens, the ticker will be retired. If someone unintentionally sends the old tokens to an exchange after the conversion event, there is no guarantee that they will be available or converted to ASI. It is best to keep track of news and announcements from your exchange to stay up to date on any specific information.
If you are holding your tokens in hardware wallets or offline, a token migration mechanism is available. You can convert tokens using the token bridge. However, you should follow the official guide detailing how to migrate your tokens before visiting the bridge.
If you are interested in buying Artificial Superintelligence Alliance (FET), you will be pleased to learn that many large exchanges support the asset and that the purchasing process is relatively simple. Though the project is an ambitious endeavor by a cohort of AI projects, the migration process from the previous tokens to the current FET (ASI) is rather confusing.
Therefore, you should do your own research before you purchase FET and make sure you understand the migration and conversion processes. Most importantly, never risk more capital than you can comfortably afford to lose.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research (DYOR). Investing in AI cryptos does not guarantee profit. Your capital will be at risk.
You can buy Artificial Superintelligence Alliance (FET) on centralized exchanges like Kraken, Bybit, or Bitget. If you hold any of the tokens from SingularityNET, Fetch.ai, or Ocean Protocol, you can convert your tokens into FET. You can check the exchange rate on the project’s website.
Artificial Superintelligence Alliance is a combination of SingularityNET, Fetch.ai, and Ocean Protocol. The projects combined their tokens into the FET token. FET will eventually rebrand to ASI once the migration is complete.
Artificial Superintelligence Alliance is a of three primary protocols: SingularitNET, Fetch.ai, and Ocean Protocol. The endeavor has ambitions to decentralize artificial superintelligence (ASI) for businesses and individuals. The group will iteratively add new projects to its alliance in the future.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.