Bad Theory Labs
NOK 0.000033
NOK 0.000033
Fetch.ai (FET) is a decentralized machine learning platform that aims to connect devices and services to an autonomous economic system. It combines blockchain technology with artificial intelligence to create a network where autonomous economic agents (AEAs) can operate.
The platform is built on a custom blockchain and utilizes a multi-agent system. These autonomous economic agents are software programs that can represent individuals, devices, or services, and can interact with each other to perform tasks and exchange data.
The native cryptocurrency of the Fetch.ai network is FET. It serves several functions within the ecosystem, including paying for network services, staking to secure the network, and facilitating communication and transactions between autonomous agents.