WTF is FETCH.AI?
Fetch.ai is a specialized infrastructural blockchain that is designed to offer access to a digitized economical model.
This is designed by an artificial intelligence lab in the heart of Cambridge with an interest in recognizing the true power of decentralized machine learning. This project makes use of blockchain technology by setting up a distributed ledger that offers comprehensive sharing, transactional quality, and simple connections.
Having this type of technology in place makes it simpler for participants to send data globally.
Fetch.ai's network is designed using simple, open-source technology that allows users to sync with the network in seconds. By doing this, the AI technology that is behind this network can be accessed globally. This is powerful when it comes to managing specific economical tasks that would otherwise be challenging to handle.
This is a network that is built with the idea of multiple software agents representing owners. This is ideal when it comes to understanding the value of autonomous agents that can offer consistent service for all types of economical setups on both sides of the spectrum (i.e customers or suppliers).
This is a system that is being designed for use in a wide array of seconds including financial services where trading mechanisms could be run through the network. It is also being eyed as a solution for public transport systems where all of the networks are adapted based on what is the most optimal setup in that specific moment.
There are so many ways this technology is being aimed as a solution including something as unique as a gig economy that goes through the network.
It is a comprehensive decentralized machine learning network that s all about improving the overall intelligence of the average economical system that is being run worldwide.
This includes taking advantage of the FET token and then tapping into an agent on the network. This can even be done with staking as the network is in full operation. By having the FET tokens in motion, it becomes easier to tap into the power of AI technology and train an autonomous agent to continue to collect data as a way to optimize a specific system.
What Makes Fetch.Ai Exciting?
One of the most important parts of any blockchain project has to do with what makes it exciting. You are going to want to learn about Fetch.ai and why it continues to stand out among the many blockchain projects that are out there right now.
It all starts with the Decentralized Delivery Network, which is going to be used as a part of the infrastructural change needed in various economic settings. For example, it could end up being a solution for those who are delivering food to customers or packages to different people in different parts of the region. Just having a simple framework in place can make it easier to complete these deliveries without having to think twice and/or make mistakes along the way. This is a must because supply chains are becoming increasingly reliant on the execution of these services.
It is also an exciting project because the mobility framework has quickly started to kick into high gear. This is the framework that is responsible for helping with FET rewards that are assigned to those staking their tokens on the main network. Having the network set up in this way, allows it to become increasingly secure the way you want it to be.
Once the network is running, more and more people are going to have access to AI technology and it will make analyzing different setups a breeze. This is the real power of what this type of network is all about.
Research is also showing the increased positivity around the idea of Autonomous AI travel agents. This is a must because currently, the travel industry is reliant on specific services or aggregators to pass on information to clients. This blockchain is going to make it easier to get the information directly to the customer whether it is for airlines or hotels. This can lead to major savings because the data is going to be up-to-date and reliable.
These agents are going to have a way where bookings can go through the network. This is great because it will allow the agents to completely tailor how the bookings go through and which service provider is doing the booking. This is not only great for completing the task promptly but also making sure it is as private as you want it to be. This is a must when it comes to letting all of your sensitive data out.
They are also looking to set up a decentralized exchange that is going to ensure different materials such as steel or metal can be traded through one place. This is great as it ensures the information and trades are consistent.
All of the barriers that have been present in the past for market participants are going to be long gone with this technology. It will make trading a breeze using FET tokens.
This is going to make it easier to start heading specific raw materials.
For those who are looking at projects that are going to have a profound impact on the world around them, Fetch.ai is right up there with the best.
Who are the VCs That Are Funding Fetch.Ai?
A lot of interest has been put into the project and that is something most people have noticed in the industry.
These are the main VCs that have taken a chance on the project, which is not skyrocketing each day. This is a must when it comes to understanding the value of the project and why it is spreading in such a manner. The whitepaper is excellent and that is something VCs have mentioned on multiple occasions.
Fetch.ai is one of those projects that is precise with its execution and is all about efficiency. This is what makes VCs want to participate and that is why they have funded.
To show this is the real deal, it is easy to see major companies such as Bosch wanting to partner with Fetch.ai. It is just the right fit for a lot of leading companies.
How To Participate In The Fetch.Ai Network?
When it comes to joining in on the fun, you are going to want to start collecting FET tokens. This is the best way to tap into the power of Fetch.ai and see what it is all about.
So, how are you going to get your hands on these FET tokens in the first place? Is there a place to go out and buy them?
Yes, you can go out and exchange your bitcoin or USDT for FET tokens on major exchanges including Binance, Korbit, BitMax, and Kucoin to name a few. It is a popular token and one that has spread like wildfire in recent times due to its intriguing concept.
Due to this, you should be able to find FET tokens on different exchanges during the day.
Once you have your FET tokens, it is best to begin storing them in a hardware wallet. This will ensure you have the tokens in a safe spot where they are not going to get stolen. It is also best to avoid storing the FET tokens on the exchange as these are unreliable and can even shut down randomly.
Simply set up the wallet and/or stake the coins to participate in the Fetch.ai network.
Where To Go To Learn More?
Want to find out more about what Fetch.ai is all about and how it works? This is one of the more intriguing blockchain projects on the market right now and is one that is picking up a lot of steam. With it starting to partner with Bosch and Iota, there is a lot of value in understanding what this blockchain project is all about.
In general, those who want to find out more about Fetch.ai should be looking at the company's website (Fetch.ai). This is the best place to start as it is going to have updated information that you can go through one by one.
For those who want to do things the right way, this is key information that will add value to what you learn about the project itself.
It is also recommended to take the time to follow their Twitter account - @fetch_ai because it does offer a tremendous amount of new information every day. This is good for those who want to actively understand what the project is all about while also seeing how it is progressing.
In the end, Fetch.ai is the real deal and one of the more interesting projects on the market. It is trending in the right direction and will appeal to those who want to recognize the true power of what blockchain technology is all about.
Comprehensive updates to @Fetch_ai’s ecosystem, expansion of DeFi Agent framework and launch of #CollectiveLearning test-net. These are just few of the goals we have set for ourselves in our updated roadmap for 2021!— Fetch.ai (@Fetch_ai) June 18, 2021
Lots of cool updates coming your way. We hope you are excited! pic.twitter.com/tbOKrf3UV6