Tokenomics de FET (FET)

The Artificial Superintelligence Alliance (ASI) is the result of a merger between SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN). The ASI token is designed to unify the token economies of these three major AI blockchain projects. Below is a comprehensive analysis of the ASI token economics, including issuance, allocation, usage, incentives, locking, and unlocking mechanisms.

Issuance Mechanism

• Token Merger: ASI is issued through a merger of AGIX, FET, and OCEAN tokens. Tokenholders of these projects can swap their tokens for ASI at predetermined rates.
  • For example, AGIX holders can swap at a fixed rate of 1.00 AGIX to 0.433350 ASI.
• No New Minting Disclosed: There is no evidence of additional minting or inflationary issuance beyond the initial conversion pools.

Allocation Mechanism

While a precise, up-to-date allocation table for ASI is not available, the following breakdown is inferred from the most recent public documentation and vision papers:

Note: The above percentages are based on related project documentation and may not reflect the final ASI allocation. The AGIX swap pool allocation is confirmed.

Usage and Incentive Mechanism

• Medium of Payment: ASI will be used to facilitate transactions on the unified AI marketplace, similar to AGIX’s role in SingularityNET.
• Staking: The ASI token will feature staking. Staking rewards are distributed at the end of each 30-day period, proportional to the user’s stake.
  • Users can withdraw their stake and rewards at the end of each period, or have them automatically rolled into the next period.
• Governance: ASI tokenholders will participate in governance via the Artificial Superintelligence Council, with voting rights on proposals and grant disbursements.
• Ecosystem Participation: Holding ASI may qualify users for ecosystem airdrops and participation in funding rounds (e.g., Deep Funding).

Locking Mechanism

• Staking Lock: During each 30-day staking window, withdrawals are disabled. At the end of the window, users can withdraw or restake.
• No Additional Locking Disclosed: There is no evidence of additional vesting or lock-up schedules for other allocations in the public documentation.

Unlocking Time

• Staking Rewards: Unlocked at the end of each 30-day staking period.
• Token Swap: AGIX, FET, and OCEAN holders can swap to ASI at any time after the merger, with no deadline for AGIX swaps.
• No Public Vesting Schedules: There is no detailed public information on vesting or unlocking for team, investor, or treasury allocations.

Governance and Future Developments

• Governance Structure: The Artificial Superintelligence Alliance is governed by a council and ASI tokenholders. Each original project (SingularityNET, Fetch.ai, Ocean) may maintain some governance autonomy.
• Future Staking Mechanism: A new staking mechanism for ASI was scheduled for release in May 2024.

Summary Table

Limitations and Ongoing Developments

• Incomplete Public Data: Some allocation and vesting details remain undisclosed as of the latest available documentation.
• Evolving Mechanisms: The ASI tokenomics may evolve as the merger progresses and new governance or incentive mechanisms are introduced.

Actionable Insight: For the most current and detailed information, refer to the official Artificial Superintelligence Alliance vision paper and follow project updates, as the tokenomics and governance structures are subject to change as the merger is implemented.