Blockchains / Fetch.ai
FET

Fetch.ai

FET

AI and machine learning platform enabling autonomous economic agents

Layer 1 aiautonomous-agentsmachine-learning
Launched
2019
Founder
Humayun Sheikh, Toby Simpson
Website
fetch.ai
Primitives
2

Introduction to Fetch.ai

Fetch.ai combines artificial intelligence with blockchain to create autonomous economic agents—software entities that can negotiate, transact, and perform tasks on behalf of users. The platform envisions a future where AI agents handle complex coordination problems, from optimizing supply chains to managing DeFi positions.

The project gained renewed attention during the AI hype cycle, positioning itself at the intersection of two transformative technologies. With the merger forming the Artificial Superintelligence Alliance alongside SingularityNET and Ocean Protocol, Fetch.ai is betting that decentralized AI infrastructure will become essential.

How Fetch.ai Works

Autonomous Agents

Core concept:

  • Software agents with AI capabilities
  • Economic decision-making
  • Negotiation and coordination
  • Task execution

Agent Framework

Development tools:

  • Agent building SDK
  • Communication protocols
  • Discovery mechanisms
  • Marketplace integration

Fetch Network

Blockchain layer:

  • Cosmos SDK based
  • Proof-of-Stake consensus
  • Smart contract support
  • Agent registration

Technical Specifications

MetricValue
ConsensusTendermint PoS
Block Time~5 seconds
Smart ContractsCosmWasm
Agent FrameworkuAgents
InteroperabilityIBC enabled

The FET Token

Utility

FET serves multiple purposes:

  • Staking: Network security
  • Gas Fees: Transaction costs
  • Agent Operations: Service payments
  • Governance: Protocol decisions

Tokenomics

Supply dynamics:

  • Fixed maximum supply
  • Staking rewards
  • Agent service fees
  • Ecosystem incentives

ASI Alliance

Token merger:

  • FET, AGIX, OCEAN combining
  • Artificial Superintelligence Alliance
  • Unified governance
  • Shared ecosystem

Agent Use Cases

DeFi Agents

Financial automation:

  • Portfolio management
  • DeFi yield optimization
  • Risk monitoring
  • Trade execution

Supply Chain

Logistics optimization:

  • Route planning
  • Inventory management
  • Supplier coordination
  • Cost optimization

Mobility

Transportation:

  • Ride sharing coordination
  • Parking optimization
  • Fleet management
  • Energy grid balancing

Personal Assistants

User services:

  • Task automation
  • Scheduling
  • Data management
  • Service discovery

The AI + Blockchain Thesis

Why Blockchain for AI

Decentralization benefits:

  • Censorship resistance
  • Data ownership
  • Transparent training
  • Permissionless access

Autonomous Economies

Future vision:

  • Agents transact autonomously
  • Machine-to-machine payments
  • Emergent coordination
  • Economic efficiency

Challenges

Current limitations:

  • AI capability constraints
  • User trust requirements
  • Regulatory uncertainty
  • Adoption barriers

Artificial Superintelligence Alliance

Merger Details

Combined entities:

  • Fetch.ai (FET)
  • SingularityNET (AGIX)
  • Ocean Protocol (OCEAN)
  • Unified ASI token

Strategic Rationale

Why merge:

  • Combined resources
  • Complementary capabilities
  • Unified ecosystem
  • Greater visibility

ASI Token

New governance:

  • Merged token supply
  • Shared governance
  • Ecosystem funding
  • Development coordination

Agentverse

Agent Marketplace

Discovery platform:

  • Browse available agents
  • Deploy custom agents
  • Connect agents
  • Monitor performance

DeltaV

AI interface:

  • Natural language interaction
  • Agent coordination
  • Task delegation
  • User-friendly access

Competition and Positioning

vs. Other AI Tokens

ProjectFocusApproach
Fetch.aiAutonomous agentsAgent framework
SingularityNETAI servicesMarketplace
OceanData marketsData tokens
BittensorML computeSubnet mining

Fetch’s Differentiation

Key advantages:

  • Agent-centric design
  • Practical use cases
  • Enterprise partnerships
  • ASI Alliance scale

Enterprise Adoption

Bosch Partnership

Industrial collaboration:

  • Supply chain applications
  • Manufacturing optimization
  • IoT integration
  • Pilot programs

Other Partnerships

Business relationships:

  • Technology companies
  • Research institutions
  • Industry consortiums
  • Government projects

Challenges and Criticism

AI Capability Reality

Current limitations:

  • Agents still limited
  • Complex tasks difficult
  • User expectations vs. reality
  • Development ongoing

Market Speculation

Token dynamics:

  • AI narrative driven
  • Utility vs. speculation
  • Sustainable value questions
  • Market correlation

Competition

Crowded space:

  • Many AI+crypto projects
  • Centralized AI dominance
  • Differentiation challenges
  • Execution risk

Recent Developments

ASI Alliance Progress

Merger execution:

  • Token migration
  • Governance integration
  • Development alignment
  • Ecosystem coordination

Technical Updates

Platform improvements:

  • Agent framework updates
  • Network upgrades
  • New integrations
  • Performance optimization

Future Roadmap

Development priorities:

  • Agent Capabilities: More sophisticated agents
  • ASI Integration: Alliance synergies
  • Enterprise: Business partnerships
  • Usability: Simpler interfaces
  • Ecosystem: Developer growth

Conclusion

Fetch.ai represents an ambitious attempt to merge AI and blockchain into practical autonomous agent systems. The vision of agents handling complex economic coordination is compelling, even if current capabilities remain limited.

The ASI Alliance merger consolidates multiple AI-crypto projects, potentially creating a more formidable ecosystem. Whether this leads to genuine utility or remains primarily speculative depends on delivering agents that provide real value beyond what centralized AI offers.

For developers interested in building autonomous agent applications and for users curious about AI-blockchain integration, Fetch.ai provides the most developed framework—with the understanding that this technology remains nascent and experimental.