Deep Dive
1. Purpose and ecosystem
The Alliance aims to make AI infrastructure more open and less dependent on a single company. Its building blocks include autonomous agents, developer tools, computing resources, and AI services. An AI agent is software that can make decisions and take actions to complete tasks.
The Alliance was formed in 2024 around Fetch.ai, SingularityNET, and Ocean Protocol. Ocean Protocol’s foundation left the Alliance in October 2025; the Alliance’s current overview lists Fetch.ai, SingularityNET, and CUDOS.
2. FET token
FET is the token associated with the Alliance’s ecosystem. The Alliance describes it as supporting economic coordination and governance, where token holders can vote on decisions. It is distinct from the AI tools themselves: the token helps coordinate activity, while developers build and users access the services.
Conclusion
FET is the shared crypto token of an effort to build open infrastructure for AI agents, services, and computing. Will the Alliance make these decentralized tools practical and useful for developers and users?
