Discover Fetch.ai (FET) - The Decentralized AI Platform Changing the Game

What is fetch? Democratizing Artificial Intelligence Vision

Fetch.ai is not an ordinary AI platform. It is a Layer-1 blockchain ecosystem built to address a core issue: currently, the power to create AI applications is concentrated in the hands of a few large companies with sufficient resources and technical expertise.

Fetch.ai was created with a different goal—empowering anyone, from independent developers to small companies, to build, deploy, and profit from AI applications without relying on centralized platforms. It integrates blockchain technology with machine learning capabilities, allowing legacy systems to utilize AI via APIs and existing infrastructure.

Real-World Applications of Fetch.ai (FET)

Rather than just theory, Fetch.ai has demonstrated practical value through numerous projects:

Resonate.social - A decentralized social network using AI to automatically filter harmful content, protecting users without centralized moderation.

AXIM - An intelligent data processing platform that allows users to input private data and apply machine learning algorithms to extract valuable insights.

Healthcare Applications - During the COVID-19 pandemic, Fetch.ai models were used to detect diseases from chest X-rays with 90% accuracy. Additionally, the platform collaborated with the Poznan Supercomputing and Networking Center to detect cancer at early stages.

How It Works: The Three Pillars of the System

Fetch.ai is built on the Cosmos SDK platform and uses WASM language, functioning as a machine with three main components:

Agents (Agents) are intelligent “workers” that can interact with each other or with applications to complete tasks. Developers can create autonomous agents for specific tasks or allow them to collaborate to expand functionality. These agents can be set to public for sharing or private during development.

Agentverse is a cloud-based platform where agents are deployed and listed. Instead of running on expensive hardware, users can operate agents on Agentverse and search for other public agents that meet their needs.

AI Engine - A large language model (LLM) capable of understanding user requests, breaking them down into individual tasks, and then searching through Agentverse to route to suitable agents. If necessary, the system can combine multiple agents to complete a task.

Strong Strategic Partners

Fetch.ai has established reputable collaborations:

  • Bosch - Fetch.ai Foundation works with Bosch to explore how AI and Web3 can optimize industrial processes.
  • Deutsche Telekom - The MMS subsidiary of Europe’s leading telecom provider actively operates on the Fetch.ai network and is a network validator.
  • IOTA - Partnering with this decentralized IoT platform enables local data control and creates opportunities to monetize IoT data.

Fetch.ai Development Journey

Founded in 2017 by Humayun Sheikh (Current CEO), Toby Simpson (Former CEO, now advisor), and Thomas Hain (Chief Scientist), Fetch.ai started in Cambridge, UK.

In 2019, after a successful IEO, the FET token was issued as an ERC-20 on Ethereum. By February 2022, Fetch.ai officially launched its mainnet, with FET becoming the native token of the network. In 2023, the company raised $40 million from DWF Labs, with the organization valued at $250 million.

Strengths and Limitations

Strengths:

  • Provides permissionless access to AI without complicated registration
  • Anyone can build and deploy AI applications
  • Offers a transparent, open, and decentralized alternative to centralized entities
  • Agents can automate complex tasks
  • Through the Collective Learning (CoLearn) protocol, agents can learn from each other, creating a fairer system

Limitations:

  • Despite aiming for simplicity, users still need basic foundational knowledge, and developing agents requires programming skills
  • Practical use cases are still limited
  • Like other crypto companies, Fetch.ai faces ever-changing regulatory challenges

FET Token Analysis

FET is the network’s native utility token used to access AI services. The total supply is capped at 1.15 billion tokens.

Initial Distribution:

  • 40% to Fetch.ai Foundation and founders
  • 17.6% sold via token sales
  • 22.4% allocated for future issuance and mining
  • 10% for advisors

Main features of FET:

  • Pay network fees
  • Deploy AI models
  • Access various AI services
  • Stake to secure the Proof-of-Stake network and earn rewards
  • Participate in protocol governance

###Current FET Market Data

As of 01/15/2026:

  • Price: $0.28
  • 24h Change: -5.98%
  • 24h Trading Volume: $2.89M
  • Circulating Market Cap: $647.24M
  • Circulating Supply: 2,302,538,328 FET
  • Total Supply: 2,714,384,547 FET
  • Max Supply: 2,719,493,897 FET

How to Buy FET

FET is currently listed on most major exchanges. The purchase process on most platforms is similar:

  1. Create an account - Register on an exchange supporting FET
  2. Verify identity - Complete KYC if required
  3. Deposit USDT or other stablecoins - Buy directly via payment methods or transfer from another wallet
  4. Find the FET/USDT pair - Go to spot trading
  5. Place an order - Choose limit order to set your desired price, or market order to buy immediately at current price
  6. Receive tokens - FET will be transferred to your wallet after order execution

Conclusion

Artificial intelligence is rapidly becoming an essential tool across nearly every industry. However, the centralization of AI—where power resides with a few companies—creates barriers for small developers and startups.

Fetch.ai represents a different approach, where decentralized AI networks empower the global community. Through autonomous agents collaborating, Fetch.ai not only removes entry barriers but also creates new opportunities for developers to build innovative solutions.

As AI and blockchain continue to merge, Fetch.ai is at the forefront of shaping the future of a public, transparent, and truly decentralized AI platform.

FET-5,12%
IOTA-6,96%
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