In the rapidly evolving world of artificial intelligence (AI) and the metaverse, the Altered State Machine (ASM) emerges as a groundbreaking decentralized protocol for Non-Fungible Intelligence (NFI). With ASM, users and developers now have the ability to create, own, trade, and train AI agents using Non-Fungible Tokens (NFTs), empowering them to shape the future of AI in the metaverse.
In this comprehensive review, we will delve into the history, unique features, use cases, and tokenomics of ASM. We will also explore how to buy and use ASM, as well as provide an alternative comparison for those seeking similar solutions. So, let’s dive into the world of ASM and discover the exciting possibilities it offers.
Overview & History
ASM, founded in 2021 by David McDonald, Aaron McDonald, Hal Smith Stevens, and Phil Williams, aims to revolutionize the way AI agents are created and utilized in the metaverse. The co-founders bring a wealth of experience and expertise in fields ranging from blockchain to software engineering and creative direction.
The core concept of ASM revolves around the creation of AI agents through the combination of two types of NFTs: Brain NFTs and Form NFTs. Brain NFTs represent the core intelligence of an AI agent, containing a unique Genome Matrix that determines the inherent abilities and characteristics of the agent. On the other hand, Form NFTs provide the visual or auditory representation of the AI agent, allowing for customization and flexibility in different environments.
Pros and Cons of Altered State Machine (ASTO)
Pros
- Ownership and Control: ASM empowers individuals to truly own and control their AI agents through NFTs, providing a level of autonomy and personalization that was previously unattainable.
- Tradeability: AI agents created using ASM can be traded as NFTs, allowing for a vibrant marketplace where users can buy, sell, and exchange agents with others.
- Versatility: ASM AI agents can be utilized across various platforms, including gaming, financial applications, and multimedia experiences, enabling users to interact and compete with AI agents in diverse virtual worlds.
- Play-to-Earn Opportunities: Through AIFA (Artificial Intelligence Football Association), users can earn ASTO tokens by competing and winning games or leagues with their AI agent teams, opening up exciting play-to-earn opportunities.
- Community Governance: ASTO token holders have the opportunity to participate in the development and decision-making processes of ASM through the ElderDAO, enabling a decentralized and community-driven approach.
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Cons
- Learning Curve: As with any new technology, users may face a learning curve when first engaging with ASM and creating their AI agents. However, ASM provides resources and support to assist users in this process.
- Market Volatility: The value of ASTO tokens and AI agents created using ASM may be subject to market volatility, and individuals should carefully consider the potential risks associated with investing in these assets.
- Competition: The AI and metaverse space is rapidly evolving and highly competitive. ASM will need to continuously innovate and differentiate itself to maintain its position in the market.
9 Unique Features of Altered State Machine (ASTO)
ASM introduces several unique features that set it apart from traditional AI and metaverse platforms:
- Non-Fungible Intelligence®: ASM Brains are the world’s first Non-Fungible Intelligence®, combining AI technology with the NFT mechanism. This allows for secure ownership and trading of unique AI agents.
- AI Agent Training: Users can train their ASM Brains through Artificial Intelligence Gyms®, utilizing machine learning models specific to each world. The training process enhances the AI agent’s performance and capabilities in particular applications and games.
- ASTO Token Utility: The ASTO token plays a crucial role within the ASM ecosystem. It is used for AI agent training, DAO governance, minting NFTs, in-game transactions, asset creation, and more.
- ASTO Price Discovery Auction: The initial price of ASTO tokens was determined through a week-long auction, where participants committed ASTO and/or USDC for 3 months. Contributors to the auction earned ASTO rewards and Liquidity Pool (LP) Tokens.
- ASTO Airdrops: Early holders of ASM NFTs received substantial airdrops of ASTO, including ASM Brain NFTs in the Genesis Brain airdrop. AIFA All-Star NFT holders can stake their tokens for additional ASTO rewards.
- DAO Governance: ASTO token holders can actively participate in the decentralized governance of the ASM protocol through the ElderDAO. Holders have the power to shape the future of ASM and contribute to decision-making processes.
- Genome Mining: ASTO tokens can be staked to mine the next generation of ASM Brains in the Genome Mining event. This process ensures the continuous creation of new AI agents within the ASM ecosystem.
- Agent Training Payments: Users can pay with ASTO tokens to train their ASM Brains at Artificial Intelligence Gyms. This enables users to enhance their AI agent’s capabilities and performance in specific games and applications.
- Ecosystem Development Fund: The Ecosystem Development Fund (EDF) supports the development of applications, games, and worlds that utilize ASM Agents. The fund is governed by the DAO, ensuring community-driven support for the ecosystem’s growth.
What is Altered State Machine (ASM)?
Altered State Machine (ASM) is a decentralized protocol that allows anyone to own, train, and trade unique Artificial Intelligence (AI) through digital ASM Brains. ASM Brains are AI agents represented as Non-Fungible Tokens (NFTs), each possessing a unique DNA called the Genome Matrix. These AI agents can be utilized across avatars, games, and worlds, providing users with enhanced experiences powered by AI.
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The ASM ecosystem is built on the ASTO token, which serves various utility functions within the protocol. ASTO is used for AI agent training, DAO governance, minting NFTs, in-game transactions, asset creation, and more. With ASM, users can take ownership of AI agents, train them to improve their skills and trade them as NFTs.
How Does Altered State Machine (ASM) Work?
Altered State Machine operates through a decentralized protocol that leverages blockchain technology and AI. The ASM Brains, represented as NFTs, are the core of the ecosystem. Each ASM Brain possesses a unique Genome Matrix, which determines its inherent strengths and weaknesses. Through training at Artificial Intelligence Gyms, users can enhance their ASM Brains’ skills and performance in specific applications and games.
The ASM protocol is governed by the ElderDAO, a decentralized autonomous organization. ASTO token holders have the power to participate in the governance and decision-making processes of the ASM ecosystem. Holders can contribute to shaping the future of ASM, ensuring a community-driven approach to development and innovation.
The ASTO token, the native cryptocurrency of the ASM ecosystem, plays a vital role in various aspects of the protocol. It is used for AI agent training, participating in DAO governance, minting NFTs, conducting in-game transactions, creating assets, and more. By staking ASTO tokens, users can mine the next generation of ASM Brains in the Genome Mining event, ensuring a continuous supply of new AI agents.
Use Case: Altered State Machine (ASM) in the Metaverse
The use cases for Altered State Machines are vast and diverse. ASM Brains can be utilized in various avatars, forms, games, and worlds, opening up a wide range of possibilities for AI-enhanced experiences. Here are a few examples of how ASM can be applied:
- Gaming: ASM Brains can be trained to excel in specific games, providing players with AI-powered opponents or companions. This enhances the gaming experience and introduces new levels of challenge and immersion.
- Virtual Worlds: Within virtual worlds, ASM Brains can serve as AI guides, providing valuable assistance and insights to users exploring these digital realms. They can also interact with other AI entities, creating dynamic and realistic virtual environments.
- Financial Markets: ASM Brains can analyze large volumes of data in financial markets, providing valuable insights and predictions to traders and investors. This AI-powered analysis can enhance decision-making and potentially improve investment outcomes.
- DeFi: In decentralized finance (DeFi) applications, ASM Brains can assist users in navigating complex financial instruments and strategies. They can provide personalized recommendations and optimize investment portfolios based on user preferences and risk tolerance.
- Artificial Intelligence Research: Researchers and developers can utilize ASM Brains as a tool for exploring and developing new AI algorithms and techniques. The flexibility and interoperability of ASM Brains enable experimentation and innovation in the field of AI research.
Native Token (Tokenomics) Details
The native utility token of the ASM ecosystem is called the Altered State Token (ASTO). ASTO is an ERC-20 token built on the Ethereum blockchain, providing the necessary utility and functionality within the ASM protocol. The tokenomics of ASTO include the following aspects:
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- Utility: ASTO has numerous utilities within the ASM ecosystem, including AI agent training, DAO governance, minting NFTs, in-game transactions, asset creation, and more. It serves as the primary means of accessing and interacting with the ASM network and its various features.
- Governance: ASTO holders have the opportunity to participate in the governance of the ASM protocol through the ElderDAO. This allows token holders to have a say in the decision-making processes and the future development of ASM.
- Airdrops: Early holders of ASM NFTs, specifically the Genesis Brain NFTs, will receive substantial airdrops of ASTO. This incentivizes early adoption and rewards those who contribute to the growth of the ASM ecosystem.
- AIFA Rewards: Holders of AIFA All-Star NFTs can stake their tokens to earn ASTO rewards. This mechanism provides additional incentives for players to participate in AIFA and contribute to the success of the game.
The exact details of token distribution, circulating supply, and tokenomics are subject to the specific terms outlined by ASM and can be further explored through the official ASM channels.
ASTO Price Statistics (As of June 29, 2023)
| Altered State Machine Price Today | |
|---|---|
| Altered State Machine Price | $0.02709257 |
| 24h Low / 24h High | $0.02626475 / $0.02826916 |
| 7d Low / 7d High | $0.02626475 / $0.03327608 |
| Trading Volume | $167,259 |
| Market Cap Rank | #704 |
| Market Cap | $18,300,527 |
| Market Cap Dominance | 0.002% |
| Volume / Market Cap | 0.0091 |
| All-Time High | $0.890471 -96.99% Apr 07, 2022 (about 1 year) |
| All-Time Low | $0.02457524 9.24% Jan 01, 2023 (6 months) |
| Circulating Supply | 684,326,248 ASTO |
| Total Supply | 2,384,000,000 ASTO |
| Max Supply | 2,384,000,000 ASTO |
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Where to Buy and How to Buy Altered State Token (ASTO)
ASTO tokens can be purchased on several cryptocurrency exchanges, providing users with opportunities to acquire the token. The following steps outline the general process of buying ASTO:
- Choose a reputable cryptocurrency exchange that supports ASTO trading. Some popular exchanges where ASTO may be available include Uniswap, Binance, and KuCoin.
- Create an account on the chosen exchange and complete any necessary identity verification processes.
- Deposit funds into your exchange account. This can typically be done by transferring cryptocurrency, such as Ethereum (ETH), from your personal wallet to the exchange.
- Once your account is funded, navigate to the ASTO trading pair on the exchange. For example, if using Uniswap, you would search for the ASTO/ETH trading pair.
- Place a buy order for the desired amount of ASTO at the current market price or set a specific price at which you wish to purchase ASTO.
- Review and confirm the transaction details, making sure to double-check the amount and price of ASTO you are purchasing.
- Execute the buy order and wait for the transaction to be processed. Once completed, the purchased ASTO tokens will be credited to your exchange account.
It is important to note that availability and trading pairs may vary depending on the exchange, and users should conduct thorough research and exercise caution when buying ASTO or any other cryptocurrency.
ASM Review: Fees Details
When buying or trading ASTO, users may encounter various fees associated with the transaction. These fees can include:
- Exchange fees: Most cryptocurrency exchanges charge trading fees for buying or selling tokens on their platforms. These fees are typically a percentage of the transaction value and can vary depending on the exchange and trading volume.
- Gas fees: As ASTO is built on the Ethereum blockchain, users will need to pay gas fees to process transactions. Gas fees cover the computational costs of executing smart contracts on the Ethereum network and can fluctuate based on network demand and congestion.
- Withdrawal fees: If you choose to withdraw your ASTO tokens from the exchange to a personal wallet, the exchange may charge a withdrawal fee. This fee covers the cost of processing the withdrawal transaction.
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It is recommended to review the fee structure of the specific exchange you are using before initiating any transactions to ensure you are aware of and comfortable with the associated costs.
How to Use Altered State Machine (ASM)
Using Altered State Machine involves several key steps, including creating AI agents, training them, and utilizing them in various applications. The following guide provides an overview of how to use ASM:
- Create an ASM Account: Begin by creating an account on the ASM platform. This will allow you to access the necessary tools and features for creating and managing your AI agents.
- Obtain Brain and Form NFTs: Acquire Brain NFTs and Form NFTs through various means, such as purchasing them on NFT marketplaces or participating in ASM events and airdrops.
- Combine Brain and Form NFTs: Once you have obtained Brain and Form NFTs, combine them to create your AI agent. The Brain NFT will provide intelligence, while the Form NFT will determine the visual or auditory representation of the agent.
- Train Your AI Agent: Utilize the Artificial Intelligence Gyms provided by ASM to train your AI agent. These gyms employ Machine Learning models to enhance the skills, strategies, and memories of your agent, allowing it to improve and adapt in specific applications.
- Participate in Use Cases: Engage with the ASM ecosystem by utilizing your trained AI agent in various use cases, such as gaming, financial applications, or multimedia experiences. Explore the possibilities that ASM offers and unleash the potential of your AI agent.
- Contribute to Governance: If you hold ASTO tokens, consider participating in the governance of ASM through the ElderDAO. This allows you to have a voice in the decision-making processes and the future development of the protocol.
By following these steps, you can fully utilize the features and capabilities of ASM, unleashing the power of your AI agents in the metaverse.
ASTO Crypto Latest News and Updates
As a rapidly evolving project, Altered State Machine continues to make advancements and announcements. Stay up to date with the latest news and updates by visiting the official ASM website and following their social media channels. These platforms will provide you with insights into new features, partnerships, events, and community activities related to ASM.
Alternative Consideration: Comparison with Similar Solutions
While ASM offers unique features and capabilities, it is important to consider alternative solutions that may provide similar functionalities. One notable alternative to consider is OpenAI, a leading artificial intelligence research laboratory.
OpenAI focuses on developing advanced AI models and providing accessible AI technology to the wider community. While OpenAI may not offer the same level of customization and ownership as ASM, it provides powerful AI capabilities that can be harnessed for various applications.
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When comparing ASM with alternative solutions, it is crucial to evaluate factors such as customization options, ownership models, use cases, and overall performance. Consider your specific requirements and goals when deciding which AI solution aligns best with your needs.
Here is a comparison of ASM with a notable alternative:
| Feature | Altered State Machine | Alternative Platform |
|---|---|---|
| Ownership Mechanism | NFT-based | Token-based |
| Training Capabilities | AI Gyms | AI Research Labs |
| Governance Model | Decentralized DAO | Centralized Authority |
| Interoperability | Across avatars, games, and worlds | Limited to specific platforms |
| Token Utility | AI agent training, DAO governance, minting NFTs, in-game transactions, asset creation, etc. | AI agent training, in-game transactions |
| Ecosystem Development | EDF supports applications, games, and worlds | Ecosystem grants and partnerships |
| Market Presence | Growing and innovative | Established and widely adopted |
| Unique Selling Proposition | Non-Fungible Intelligence®, Genome Mining | Advanced AI research capabilities |
It is crucial to conduct thorough research and evaluate each platform’s strengths, weaknesses, and alignment with your specific requirements before choosing the most suitable option for your needs.
Altered State Machine Review: Conclusion
Altered State Machine (ASM) presents a groundbreaking decentralized protocol for Non-Fungible Intelligence (NFI) in the metaverse. By allowing users to create, own, trade, and train AI agents using NFTs, ASM empowers individuals to shape the future of AI.
With unique features such as ASM Brains, Form NFTs, and play-to-earn gaming opportunities like AIFA, ASM offers a diverse range of use cases within the metaverse. The native utility token, ASTO, provides access and governance within the ASM ecosystem.
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By following the steps outlined in this review, users can create and utilize AI agents with the power of ASM, unlocking the potential of AI in the virtual world. Stay informed with the latest news and updates from ASM and explore the possibilities that ASM offers for the future of AI and the metaverse.
Altered State Machine Review FAQs
Q: Can I trade my AI agent created using ASM with other users?
A: Yes, AI agents created using ASM can be traded as NFTs on various marketplaces. This allows users to buy, sell, and exchange AI agents with other individuals.
Q: How can I earn ASTO tokens through AIFA?
A: To earn ASTO tokens through AIFA, participate in competitions and leagues with your All-Star AI agent team. By achieving victory, you will be rewarded with ASTO tokens as part of the play-to-earn mechanics of AIFA.
Q: Can I customize the visual appearance of my AI agent created using ASM?
A: Yes, ASM allows users to customize the visual or auditory representation of their AI agents through Form NFTs. These NFTs can take the form of 2D or 3D art, character designs, aural experiences, unique identifiers, or voice agents.
Q: How can I participate in the governance of ASM?
A: Holders of ASTO tokens have the opportunity to participate in the governance of ASM through the ElderDAO. This community-led governance system allows token holders to have a say in the decision-making processes and the future development of ASM.
Q: Are there any fees associated with using ASM?
A: Yes, there may be fees associated with using ASM, such as gas fees for transactions on the Ethereum blockchain and exchange fees for buying or selling ASTO tokens. It is important to consider and understand these fees before engaging with ASM.
Q: Where can I find the latest news and updates about ASM?
A: To stay updated with the latest news and updates about ASM, visit the official ASM website and follow their social media channels. These platforms will provide you with insights into new features, partnerships, events, and community activities related to ASM.
Q: What is the primary use of ASTO tokens within the ASM ecosystem?
A: ASTO tokens have multiple utility functions, including AI agent training, DAO governance, minting NFTs, in-game transactions, asset creation, and more.
Q: How can I acquire ASM Brains?
A: ASM Brains can be acquired by purchasing them as NFTs on supported platforms, participating in airdrops, or through mining events.
Q: How can I train my ASM Brains?
A: Utilize Artificial Intelligence Gyms to train your ASM Brains. These gyms provide machine learning models specific to each world, enhancing your ASM Brains’ skills and abilities.
Q: Can I trade my ASM Brains?
A: Yes, ASM Brains can be traded as NFTs on supported marketplaces. This allows for the monetization of your AI agents or the acquisition of new ASM Brains.
Q: How can I participate in ASM governance?
A: As an ASTO token holder, you can actively participate in the governance of the ASM protocol through the ElderDAO. Holders have the power to shape the future of ASM and contribute to decision-making processes.
Q: Where can I find the latest news and updates from Altered State Machine?
A: Visit the ASM Cortex rewards page and official communication channels to stay up to date with the latest news, partnerships, events, and community activities within the ASM ecosystem.
