FET

FET

FET
Fetch.AI
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
1,152,997,575--$0.086700DAG PoS + PoW-
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
1,152,997,575-https://github.com/fetchaihttps://fetch.ai/TOKEN

WHAT IS FET? Fetch.AI ("the Project") brings together machine learning ("ML"), artificial intelligence ("AI"), multi-agent systems and decentralized ledger technology to create an economic internet — an environment where digital representatives of the economy's moving parts (such as data, hardware, services, people and infrastructure) can get useful work done through effective introductions and predictions These agents can be thought of as digital entities: life-forms that are able to make decisions on their own behalf as well as on behalf of their stakeholders (individuals, private enterprises and governments for example). Fetch.AI's digital world is exposed to agents via its Open Economic Framework (OEF) and is underpinned by unique smart ledger technology to deliver high performance, low cost transactions. The ledger delivers useful proof-of-work that builds market intelligence and trust over time — growing the value of the network as it is used. Fetch.AI can be neatly interfaced to existing systems with minimal effort, allowing it to take advantage of the old economy whilst building the new: plug existing data in to Fetch.AI and watch markets spontaneously form from the bottom up.

  • The Latest Rating
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Picolo
4.0

Rating: 4/5 Stars | Fetch AI (FET) | Making Distributed Ledger Technology Smarter

2019-02-21
Picolo Research presents a ‘Spec Buy’ rating on Fetch AI. The technology offers a unique proposition where the ecosystem is crowded with blockchain infrastructure projects. Generating additional value through the creation of AEAs will re-establish how inefficient information is being utilized. The opportunity is there, and it essentially boils down on the team delivering the technology timely. We highlight several reasons to affirm our rating, - A novel idea to create a digital world where autonomous agents can interact with one another - Binance launchpad listing enhances the project’s credibility and adds foundational support to the team - Good deal structure with low hardcap and market cap valuation based on initial circulating token supply - Significant competitive edge against similar projects
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Coin Bureau
4.0

Fetch.ai (FET) | Rating: 8/10 | Outlook: Positive

2019-02-18
Fetch is developing a decentralised AI economy. More specifically, they are building a distributed network composed of various autonomous agents which can represent themselves, other individuals, or devices and services. The technology stack is comprised of three components. These are the Autonomous Economic Agents (AEA), Open Economic Framework (OEF) and the Fetch Smart Ledgers. All of this is underpinned by the Useful Proof of Work consensus model, and the artificial intelligence machine learning employed by the Fetch blockchain. These are all broken down in our more comprehensive review attached. The utility token behind the Fetch network is the ERC20 based FET token. This is the medium of exchange that will allow the AEAs to transact with one another, exchanging FET tokens for services and data or other goods. This allows for machine-to-machine transactions in a seamless manner. Fetch.ai has a pretty experienced team that is driving it forward. These include developers with an extensive background in Artificial intelligence and entrepreneurial ventures. There is a relatively strong roadmap and there has been considerable work done on their private GitHub repositories. The project has completed a sizable pre-sale ICO where they have issued SAFTs to the early seed investors. So far the project has been able to raise just over $3m in exchange for 6.38% of the total supply of FET tokens. Fetch is one of the first few project's that will be completing their public ICO on the Binance launchpad. This will be taking place on the 25th of February 2019 and contributors will be exchanging Binance (BNB) tokens in for the FET tokens. There is as $6m hard cap. Given that this is an ICO contribution, there is more risk that comes with the investment than buying the token of an established blockchain. Be sure to do your own research.