Fetch.ai (FET)

Fetch.ai (FET) combines artificial intelligence and blockchain to create a network of autonomous agents — self-operating digital entities that can perform tasks like trading, data sharing, and logistics on behalf of users.

Its goal? To build a decentralized machine economy where AI systems interact and make decisions without human intervention.

What is Fetch.ai?

Fetch.ai was founded in Cambridge, UK, in 2017.
It’s an open-source AI network that enables smart agents to find, negotiate, and execute services autonomously — like ride-sharing, energy trading, or supply chain management — all on the blockchain.

Launch year: 2017
Technology: AI agents + blockchain
Token: FET
Purpose: autonomous machine-to-machine economy

FET powers the network, enabling transactions, governance, and agent operations.

How Does Fetch.ai Work?

Fetch.ai uses a combination of multi-agent systems, machine learning, and blockchain.
Each AI agent represents a user, company, or device — interacting with others to perform tasks efficiently and securely.

Agents operate 24/7 without manual control
The blockchain ensures trust and transparency
FET tokens fuel and reward network activities

Example: an EV charging station can automatically find and serve the nearest available car using Fetch.ai agents — no middleman required.

Why Fetch.ai Matters 🤖

Automation: replaces intermediaries with autonomous AI systems
Efficiency: real-time optimization for logistics, mobility, and energy
AI + crypto fusion: bridges two of the biggest tech trends
Interoperability: works across multiple blockchains via Cosmos SDK

Fetch.ai is building the foundation for AI-driven Web3 automation — where smart systems interact freely and economically.

Fetch.ai Use Cases

DeFi automation: trading bots and yield optimizers
Supply chains: predictive logistics and resource allocation
Smart cities: autonomous transport, energy distribution
IoT networks: device-to-device communication without servers

Risks of Fetch.ai ⚠️

Adoption curve: AI agents are still early and complex to build
Competition: Ocean Protocol, SingularityNET, and Bittensor in the same niche
Token volatility: AI token hype can cause short-term spikes
Execution risk: real-world use cases still developing

Lanzo Tip 🧠

Fetch.ai is like giving crypto its own digital brain — agents that think and act for you.
But remember, automation without understanding = risk. Always learn before you deploy AI tools with real assets.