How to do your ASI taxes with Koinly
The Artificial Superintelligence Alliance (ASI) is a decentralized blockchain initiative created by the alliance of SingularityNET, fetch.ai, and CUDOS.
If you're using ASI, you likely have a tax bill. Calculate your ASI crypto taxes with Koinly by importing your ASI transaction history. Here's how to import it.
Follow these steps to sync your ASI Alliance (FET) data automatically to Koinly:
- Open your ASI Alliance (FET) wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find ASI Alliance (FET) in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
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FAQs
What is Artificial Superintelligence Alliance?
The Artificial Superintelligence Alliance (ASI) is a decentralized blockchain initiative founded by the alliance of SingularityNET, fetch.ai, and CUDOS. Their goal is to decentralize artificial intelligence. ASI infrastructure relies on a modular stack:
ASI:Cloud: A decentralized cloud infrastructure that allows developers to build AI apps, with permissionless infrastructure so that developers can authenticate through Web3 wallets and pay using FET (ASI native token) and stablecoin.
ASI:Chain: An AI-native Layer-1 blockchain designed to support decentralized AI coordination, autonomous agents to execute tasks on-chain, and AI-native smart contracts.
Is Artificial Superintelligence Alliance safe?
Decentralization as a security measure is a principle emphasized by the Artificial Superintelligence (ASI) Alliance; decentralization spreads the control of data beyond one central authority. However, there have been reports of low scores on their smart contract audits, but ASI developers deploy smart contracts onto testnets before release to try to fix bugs and reduce the risk of vulnerabilities. It's important that you do your own research when investing and avoid investing large amounts.
Does Artificial Superintelligence Alliance (ASI) provide tax documents?
No, ASI doesn't issue tax documents. However, you can import your ASI transaction history through API or CSV to a crypto tax calculator like Koinly to calculate your profits and generate your tax reports.
