Fetch.ai is an AI-powered blockchain network where autonomous AI agents perform tasks, negotiate, and transact on-chain without continuous human input. In July 2024, Fetch.ai merged with Ocean Protocol and SingularityNET to form the Artificial Superintelligence Alliance (ASIAlliance), creating one of the largest decentralized AI ecosystems by market cap.
| Stat | Value |
|---|---|
| Ticker | FET |
| Price | $0.23 |
| Market Cap | $529.97M |
| 24h Change | -2.3% |
| Circulating Supply | 2.26B FET |
| Max Supply | 2.71B FET |
| All-Time High | $3.45 |
| Contract (Ethereum) | 0xaea4...ad85 |
| Contract (Cardano) | e824c0...4554 |
| Contract (Osmosis) | ibc/5D...4447 |
| Contract (Binance Smart Chain) | 0x031b...fa7f |
AI Agents on Fetch.ai
Fetch.ai’s core concept predates the 2024 “AI agent meta” by years:
- Autonomous Economic Agents (AEAs): AI agents that can hold wallets, negotiate contracts, and execute transactions independently
- Agent Framework (uAgents): Python SDK for building on-chain AI agents
- Agentverse: Marketplace for registering, discovering, and deploying AI agents
Use cases span DeFi trading bots, supply chain optimization, energy grid balancing, and autonomous data markets.
ASI Alliance Merger (2024)
In March 2024, Fetch.ai, Ocean Protocol, and SingularityNET announced a merger:
| Project | Token | Role |
|---|---|---|
| Fetch.ai | FET | Agentic AI platform |
| Ocean Protocol | OCEAN | Decentralized data marketplace |
| SingularityNET | AGIX | Decentralized AI services marketplace |
FET was selected as the unified token, with OCEAN and AGIX convertible to ASI at fixed ratios. The combined market cap exceeded $7B at announcement, creating one of the largest AI-crypto ecosystems.
Fetch.ai Technology
- Fetch.ai mainnet: Cosmos SDK-based blockchain with Tendermint PoS
- CosmWasm smart contracts: Rust-based smart contract environment
- IBC compatibility: Interoperability with 50+ Cosmos chains
- DeltaV: AI-powered search and task execution interface
Sources
- Fetch.ai documentation: docs.fetch.ai
- ASI Alliance: superintelligence.io
- CoinGecko: FET price and market data