FET
No. 24Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
---|
- Coin Introduction
1. Project introduction
FET is a blockchain network that offers easy to use tooling for developing Decentralized Apps (DApps) with token and liquidity management frameworks.
FET, a Cambridge-based artificial intelligence lab, is building a decentralized machine learning platform based on a distributed ledger, that enables secure sharing, connection and transactions based on any data globally.Fetch.ai’s network is based around an open-source technology that any user can run to connect to the network, giving access to the power of AI on a world-scale secure dataset, to carry out complex coordination tasks in the modern economy.On this network a series of software agents represent and act on behalf of their owners. These autonomous agents work to provide an optimised service across a variety of ecosystems, to the benefit of both suppliers and consumers.This system has wide potential in many areas. Financial services users can optimize trading, public transport networks could be reconfigured, cities could intelligently adapt to usage by their citizens, and energy networks can be connected in a smart grid.
The FET Utility Token is key to unlocking the Fetch ecosystem. It's required to find, create, deploy and train autonomous economic agents and is essential for smart contracts, oracles and the transactions needed to deliver the new digital economy.
2. Team introduction
CEO: Humayun Sheikh
Linkedin: https://www.linkedin.com/in/humayun-sheikh-4530246a/
COO: Toby Simpson
Linkedin: https://www.linkedin.com/in/toby-simpson-bbb70774/
CTO: Jonathan Ward
Linkedin: https://www.linkedin.com/in/jonathan6620/
3. Investment institution
GDA Group and Blockwall Management
4. Application
Total supply: 1,152,997,575
FET is used for:
(1)Operational Costs
(2) Ability to connect agents and nodes to the network
(3) Access and exchange value
(4) Machine learning and Synergetic Computing services
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.