💡$FET
📍FET is the native currency of the Fetch.ai network, a blockchain built on the Cosmos SDK dedicated to creating and operating autonomous artificial intelligence agents (AI Agents) that communicate and make small payments automatically.
📍It has become a unified token within the ASI alliance when Fetch.ai, SingularityNET, and Ocean Protocol merged to form the Superintelligence Network.
🚀 Main uses:
🔧 Network fees: used to pay for contract execution fees and operate smart agents.
🛡️ Governance: allows users to vote on proposals for network development.
💸 Staking and delegation: secures the network and earns rewards (ranging from 5–15% annually).
🤖 Payment for agents: enables agents to make precise payments within the Fetch.ai system.
🌐 Access to AI services and data within the ASI alliance.
🧩 Vision and integration:
📍AI Agents: smart agents for various purposes such as optimizing energy networks, transportation, and trade.
📍Real-world applications: joint projects with Bosch, Mercedes, and Catena-X to apply Fetch.ai technology in real life.
📍The ASI alliance: integrating FET as a unified token within a system with SingularityNET and Ocean Protocol under the name ASI.
📈 Currency performance:
💰Current price ≈ $0.68, with a slight daily decrease.
💰Market value ≈ $1.8–2 billion (varies by source), with a daily trading volume exceeding $200 million.