#XRPETFs
Fetch.ai is based on three main components:
- **Autonomous Economic Agents (AEAs)**: AI agents that perform tasks on behalf of users, such as booking hotels or optimizing supply chains.
- **Open Economic Framework (OEF)**: A virtual environment that allows agents to communicate and exchange data.
- **Fetch Smart Ledger**: Combines blockchain technologies and **DAG** to process transactions quickly.
Digital currency FET
- Functions: Used for staking, rewarding participants, and paying service fees on the network.
- Total supply of 1.2 billion tokens, with a current circulating supply of approximately **688 million tokens.
- Current price: ~0.72 USD (as of April 2025).