Fundraising Fox

Alteredstatemachine

Auckland, NZ Β· 1 known investors

ASM develops AI technology for the open metaverse, enabling AI value to flow directly to contributors while prioritizing transparency and decentralization. The company serves metaverse developers, creators, and communities building in decentralized digital environments.

Also known as Altered State Machine Ltd Β· ASM

Investors Β· 1

Company profile

researched Aug 2026

Altered State Machine (ASM) describes itself as a decentralized protocol for "Non Fungible Intelligence": artificial intelligence that can be owned, trained and traded via NFTs. The core asset is the ASM Brain, an AI agent whose characteristics derive from a unique DNA structure called the Genome Matrix, giving each Brain inherent strengths and weaknesses. With training, Brains are described as capable of learning, evolving and improving their skills, and as interoperable across avatars, forms, games, worlds and other metaverse applications [0]. A site profile summarises the protocol as a tool that lets NFT owners add a "brain" to their NFTs and lets game developers give players smart NPC agents, with further stated uses including chatbots, DeFi bots and oracles [3].

The protocol is exposed through demos, games and developer tooling. Paddi is an arcade-style demo in which a user trains an AI agent to battle an opponent, and developers can build custom experiences from open-source code in the company's GitHub repository [0]. The public GitHub organization hosts four repositories, including the MIT-licensed "asm-ai-protocol" in TypeScript (last updated August 2023) and "genome-mining-contracts" in Solidity (last updated August 2022) [2]. The roadmap sets out product lines including AIFA, a 4-vs-4 AI football game progressing through team creation, intelligence mining, pre-season and a Season One with teams, leagues and arenas; The Next Legends, an AI boxing game; and Genome Mining, which generates ASTO-Energy and mines Gen II Brains on the ASM Cortex. A public task board lists work streams in AI research (training strategies, entropy parameters, agent action validation), AIFA game engineering, the Cortex website, The Next Legends backend and game design, and community/lore activities [1].

The company operates a token, ASTO, referenced in its site navigation and in roadmap milestones for an airdrop and liquidity provision, alongside a DAO launch [0][1]. Site sections cover How ASM Works, For Developers, ASTO Token, Games, About Us and a whitepaper [0].

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
AIFA Box mint priceOct 20210.09 ETH per box plus gas fees
AIFA Genesis Drop supplyOct 202110,000 NFT boxes
Daily unique visitors (estimate)Jan 2023476 visitors
Monthly website visits (SEMrush estimate)Jan 202328,569 visits
Monthly website visits (SimilarWeb estimate)Jan 202314,572 visits
Public GitHub repositoriesAug 20234 repositories
Referring domains (backlinks)Jan 2023186 domains

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 6

launches, deals, and filings
Oct 2021
AIFA Genesis Drop NFT sale

Sale of 10,000 AIFA Box Sets, each containing four All-Star characters plus one ASM Brain, in four rarities (Original, Rare, Mythic, Ultra), at 0.09 ETH per box plus gas, with a public mint limit of three boxes per transaction, launched 20 October 2021 at aifa.football.

source β†—

Jan 2021
ASTO token airdrop, liquidity and DAO launch

Roadmap milestones covering the launch of a DAO, an ASTO token airdrop and the provision of ASTO liquidity.

source β†—

Jan 2021
FLUF X ASM "Art by Thingies"

Collaboration to create and mint generative art as original NFTs, powered by Altered State Machine's community-driven AI protocol.

source β†—

Jan 2021
The Next Legends partnership with Authentic Brands Group and Non-Fungible Labs

ASM announced a partnership with Authentic Brands Group and Non-Fungible Labs to create a metaverse AI boxing game inspired by Muhammad Ali.

source β†—

Jan 2021
Launch of Genome Mining on the ASM Cortex

Start of the process of generating ASTO-Energy and mining Gen II Brains on the ASM Cortex.

source β†—

Jan 2021
The Next Legends Pro Mint

Sale of 3D rigged Pro Boxers and bags for The Next Legends game, using a new mint mechanic; reported as sold out.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Alteredstatemachine do?
Altered State Machine is a New Zealand protocol for owning, training and trading AI agents as NFTs, called ASM Brains.
Who are Alteredstatemachine's investors?
Alteredstatemachine's investors include Coinbase Ventures.
Where is Alteredstatemachine headquartered?
Alteredstatemachine is headquartered in Auckland, NZ.