Question 1

What is FET?

Accepted Answer

FET is the principal token currently used by the Artificial Superintelligence Alliance (ASI Alliance). The alliance focuses on decentralized AI infrastructure and applications, and FET serves functions such as service payments, governance, staking, and multi-chain transfers within its ecosystem. When understanding FET, it is important to note that the alliance identity and token ticker are not the same concept: the alliance uses the ASI Alliance name, but the official FAQ states that the principal post-merger token ticker remains FET. Therefore, current FET should not be mistaken for another independent token ticker solely based on past renaming plans.

Question 2

What are the uses of FET?

Accepted Answer

FET can be used for decentralized AI services and related transactions within the alliance ecosystem, allowing service calls, value exchange, and network participation to be priced or settled using the same token. Whether a particular product accepts FET and how it charges depends on that product and the network to which it is connected. Therefore, “usable for AI services” does not mean that every AI application will require or accept FET. Users need to distinguish between the token's general capabilities and the payment or service flows that a particular application has actually deployed and made available.

Question 3

Can holding FET enable governance participation?

Accepted Answer

FET holders can participate in alliance governance, including proposing or voting on matters such as network upgrades, funding, and operating parameters. Governance is based on token weight, so outcomes depend on voting power held or delegated, the proposal process, and applicable thresholds. Governance should distinguish among three stages: submitting a proposal, completing a vote, and the actual implementation of rules. Holding FET provides a basis for participating in governance, but does not mean that any individual's view will necessarily be adopted or that network rules have changed as soon as a proposal appears.

Question 4

Can FET be staked?

Accepted Answer

FET can be used in staking arrangements that support network security. The core of staking is linking tokens with validator or delegation participation: validators support network operations, and token holders can also participate in the relevant security and governance structures through delegated voting and other means. Whether participation is available, how rewards are earned, and when exit is possible should not be inferred solely from the conclusion that “FET can be staked.” Actual conditions depend on the locking, delegation, unbonding, and reward-distribution rules of the selected network and service path; these rules directly affect when assets are available and the outcome of participation.

Question 5

Which blockchain networks does FET support?

Accepted Answer

The official token page lists FET as usable on networks including Ethereum, BNB Smart Chain, Cardano, and the Fetch.ai native chain. Multi-chain availability allows FET to serve different network environments, but the receiving methods, address formats, and application support for assets with the same name may differ across chains. Before transferring or depositing, three items should be confirmed together: the sending network, the network supported by the recipient, and the version of the FET asset required by the recipient. Checking only the token ticker is insufficient to ensure compatibility; if the wrong network is selected, the asset may not be properly recognized by the destination address or application.

Question 6

What is FET's supply?

Accepted Answer

The official ASI Token page lists FET's total supply as 2.71 billion tokens. Total supply describes the scale of tokens included in that supply calculation and is not equivalent to the amount immediately tradable in the market at a given time. To assess market-tradable supply, it is also necessary to distinguish it from locked tokens, holdings, and asset-use status on specific networks. Total supply alone cannot directly indicate circulating supply, the amount an individual can sell, or future price performance.

Question 7

Why does the ASI Alliance still use the FET ticker after the merger?

Accepted Answer

The formation of the ASI Alliance enabled multiple projects to collaborate under an alliance framework, but the official FAQ clearly states that the principal post-merger token ticker remains FET. This arrangement addresses alliance-token identification and continuity; it does not make all historical assets automatically interchangeable without confirmation of the network and transfer path. For users, the most practical implication is that current assets should be identified according to the officially designated FET, and that the network and asset version accepted in the relevant context should be verified before cross-chain transfers, deposits, or application use. The alliance name, historical renaming plans, and the actually available token path must be confirmed separately.

Artificial Superintelligence Alliance (FET) Price

Price of Artificial Superintelligence Alliance (FET) Today in USD