What is Fetch.ai (FET)

Fetch.ai is a project that aims to create a decentralized network based on artificial intelligence (AI) that allows devices and systems to interact automatically through what are known as "Autonomous Agents".

Main Goal

To facilitate the automation of transactions and services without human intervention, using artificial intelligence and blockchain technologies, in sectors such as:

Transportation and logistics

Energy

Decentralized finance (DeFi)

Smart cities

Currency $FET

Token $FET

Usage: The FET currency is used to pay for services on the network, to operate smart agents, and for staking to secure the network.

Key Features of Fetch.ai

1. Smart Agents: Software units that operate independently to perform tasks such as finding the best prices or analyzing data.

2. Their Blockchain: Based on Cosmos SDK and uses Proof of Stake (PoS) protocol.

3. Artificial Intelligence: Used to enhance efficiency and make autonomous decisions based on data.

4. Focus on Automation: Especially in supply chains, automatic appointment booking, and e-commerce.

Partnerships

Collaboration with major companies and institutions in the fields of transportation, energy, and DeFi.

Pilot projects in smart cities and AI-supported parking.

Future of the Project

The Fetch.ai project is considered one of the promising projects, especially with the rise of artificial intelligence in the crypto space. As use cases evolve.