BitMart has announced the listing of ASTO on August 26th, 2024. As part of the Altered State Machine (ASM) ecosystem, ASTO aims to merge the potential of artificial intelligence (AI) and blockchain technology within the metaverse. ASTO’s primary use case involves serving as a governance token for ASM's ecosystem. Through a series of innovative protocols and a vision for the future of AI in the digital world, ASM is redefining how we interact with the metaverse.
ASTO: Powering Governance in the ASM Metaverse
ASTO is an ERC-20 token within the ASM ecosystem. Its main purpose is to enable governance and reward participants who contribute to the ASM protocol. ASM aims to build an open metaverse by integrating AI agents and digital assets through its various protocols. These protocols facilitate training AI agents, minting NFTs, and developing AI-powered experiences. The team at ASM envisions a future where AI and web3 technologies are not just interconnected but essential for creating immersive digital experiences.
ASTO's Blueprint: Exploring ASM's Key Protocols
ASM has outlined a clear path for implementing its vision through several innovative protocols:
ASM Non-Fungible Intelligence (NFI) Protocol: This protocol allows any asset in the metaverse, including avatars and objects, to become intelligent. By linking on-chain data to AI agents, the NFI Protocol enables developers to create AI-powered experiences that users can own.
ASM Launchpad Protocol: This protocol introduces a new approach to licensing ASM technologies. Developers can leverage ASM's innovations across different chains through tokenized licensing, which is protected by ASM patents.
ASM Void Protocol 2.0: Designed for ASTO holders, this protocol allows them to benefit from the value generated by other protocol services. ASTO holders can stake tokens and earn ASTO-Energy, which can be exchanged for ASM Void tokens or NFTs within the protocol.
ASM's Solution: Addressing Ownership and Interoperability in the Metaverse
ASM aims to tackle several challenges in the evolving landscape of AI and the metaverse. One key problem is the need for ownership, interoperability, and composability in AI-powered digital experiences. By integrating AI with blockchain, ASM allows users to own and control their digital assets, avatars, and experiences. Additionally, ASM addresses the issue of interoperability by enabling AI agents to operate seamlessly across various metaverse environments, enhancing the realism and contextual awareness of non-player characters (NPCs) in virtual spaces.
Meet the ASM Team: Leaders in Blockchain and AI
ASM is led by a team of experienced professionals:
David McDonald (CEO): David is a passionate technology leader with a career starting in geospatial and IoT then progressing into Blockchain.
Phil Williams (Chief Design Officer): Phil is a veteran creative director and technology strategist with deep knowledge and experience across a range of industries.
Hal Smith-Stevens (CTO): Hal is a lifelong software engineer, providing technology leadership and vision through a strong background of bootstrapping start ups and nurturing innovation.
The team is supported by advisors like Aaron McDonald of Centrality and Aly Madhavji of Blockchain Founders Fund, bringing deep expertise in blockchain and AI.
Token Allocation and Distribution
ASTO's token allocation is designed to foster a balanced ecosystem:
Play-to-Earn
20% of total ASTO is for Play-to-Earn. 2% will be issued into the Play-to-Earn pool at inception. The remaining 18% will be issued at a linear rate, weekly over 72 months. All Play-to-Earn funds are controlled by the DAO.
Ecosystem
16% of total ASTO is for the Ecosystem. 5% will be issued into the Ecosystem Fund at inception. The remaining 11% will be issued at a linear rate, weekly over 72 months. This is controlled by the DAO.
Reserve
15% of total ASTO is for the Reserve. 1.5% will be issued into the Treasury Reserve at inception. The remaining 13.5% will be issued at a linear rate, weekly over 48 months. The Reserve is controlled by the DAO.
Early Contributors
15% of total ASTO is for Early Contributors. Allocations will be issued at a linear rate, weekly over 12 months.
Company, Team, Advisors
15% of total ASTO is issued to the Company, 1% is issued to Employee Token Program (ETOP), and 3% is for Advisors. Each of these allocations are subject to an initial 3 month lockup period. At the end of lockup, allocations will be issued at a linear rate, weekly over 24 months.
All allocations are governed by the ASM DAO, ensuring decentralized management and alignment with the community's interests.
Conclusion
ASTO's listing on BitMart marks a significant step in Altered State Machine's journey to blend AI with the metaverse. Through a series of advanced protocols and a dedicated team, ASM is positioned to lead the way in creating intelligent, interoperable digital experiences. By addressing key challenges like ownership and composability, ASM aims to shape the future of AI in the open metaverse.
