Fetch.ai (FET)
| Market Cap | $171,012,763 |
|---|---|
| Trading Volume | $107,319,689 |
| Volume / Market Cap | 0.63 |
| Total Supply | 1,152,997,575 FET |
| Max Supply | 3,409,064,989 FET |
Fetch.ai is currently trading at $0.2087, after a price change of 14.82% in the last 24 hours.
Ranked as cryptocurrency #135 by capitalization today, FET market cap is valued at $171,012,763. FET trading volume reached $107,319,689 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on FET coin price prediction page.
What is Fetch.ai?
Fetch.ai is an open-source, decentralized machine learning protocol. The platform proposes artificial intelligence for blockchains that seeks to connect the IoT devices for collective learning. Fetch.ai features tools that enable users to develop an ecosystem infrastructure and deploy applications.
Fetch.ai is secured with differential privacy that protects users’ data when creating updates. The protocol is also secured with multi-party cryptography and game theory. Fetch.ai technology comprises the agent framework, agent metropolis, open economic framework, and the blockchain. The agent framework supports multi-agents, while the open economic framework powers search functionality. Agent metropolis is a collection of smart contracts on the WebAssembly.
FET is the token powering the Fetch.ai network. There are 746,113,681 circulating tokens from a total supply of 1,151,441,226 and a hard cap of 1,152,997,575. FET powers smart contracts and oracles on the Fetch.ai protocol.
Holders can use the token to pay for their access to the machine-learning tools and to train independent agents and deploy shared intelligence on the protocol. Nodes must stake FET tokens to validate transactions.
Fetch.ai launched in 2017, and the founding team comprises Toby Simpson, Humayun Sheikh, and Thomas Hain.