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- The Artificial Superintelligence Alliance will soon introduce the ‘ASI Train’, an initiative offering a distinctive staking model for FET tokens that allows investors to earn rewards.
- The ASI Train will allow the alliance to launch AI models and drive innovation in various industries, including healthcare, robotics, and materials science.
This year, the AI cryptocurrency sector has become increasingly captivating, particularly with the rise of the Artificial Superintelligence Alliance (ASI Alliance). Now recognized as the fifth-largest AI token by market capitalization, the Alliance’s token, FET, is gaining traction among investors and technology aficionados. To enhance the appeal of FET and distinguish it from other AI projects, the upcoming ‘ASI Train’ is set to introduce a staking model that enables users to earn rewards.
The Advantages of Staking Your FET Tokens
Staking FET within the ASI Alliance comprising Fetch.ai, SingularityNET, and Ocean Protocol provides investors an opportunity to participate in the development of decentralized artificial general intelligence (AGI), artificial superintelligence (ASI), and ultimately decentralized Science (DeSci).
Fetch.ai’s autonomous agents excel at a variety of tasks, ranging from data analysis to real-time decision-making, functioning independently of human oversight. This level of autonomy is complemented by SingularityNET’s open-source initiatives aimed at AGI and Ocean Protocol’s robust data exchange framework. The framework ensures the seamless access and utilization of vast datasets for enhanced AI model performance.
According to an X post by ASI, investors can earn rewards while contributing to the creation of ethical and equitable AI technologies that benefit society. The ASI Train initiative will allow participants to invest in foundational AI models addressing critical industry needs, further enhancing the earning potential of their investments across various fields such as robotics and healthcare. Moreover, staking reduces the risk of volatility often associated with trading, as it encourages a more hands-off approach and fosters a commitment to the project’s growth.
In other developments, SingularityNET and the ASI Alliance launched AIRIS (Autonomous Intelligent Reinforcement Inferred Symbolism), the first self-learning proto-AGI, within the Minecraft platform. Unlike traditional game AI, AIRIS can learn, adapt, and create its own rules based on real-time experiences, marking a significant advancement in artificial general intelligence (AGI). This autonomous AI evolves independently of predetermined rules, potentially leading to applications in robotics, automation, and smart systems that can tackle real-world challenges.
At press time, FET is priced at $1.32, boasting a market capitalization of approximately $3.2 billion. The total circulating supply of FET stands at 2.72 billion tokens. Despite the recent gains of 0.63% over the last 24 hours, FET’s value remains about 61% ($3.45) lower than its all-time high reached in March 2024.
The upcoming ASI Train initiative puts the ASI Alliance in a strong position to leverage new opportunities, which could lead to further increases in FET’s price.