Fetch.ai live price today is $0.49 with 24-hour trading volume of $32.4 million. Fetch.ai is up 10% in the last 24 hours after news of a listing on eToro broke yesterday.
This short article explains everything about Fetch.ai: what it is, whether it's worth investing in and of course the best places to buy Fetch.ai if you decide to go for it.
What is Fetch.ai?
Fetch.ai is a platform that aims to connect Internet of Things (IoT) devices and algorithms to enable their collective learning. It was launched in 2017 by a team from Cambridge, UK.
Fetch.ai is built on a high-throughput sharded ledger and offers smart contract capabilities to provide machine learning and artificial intelligence solutions for decentralized problem solving.
These open-source tools aim to help users build ecosystem infrastructure and deploy commercial models.
Designed to find, create, deploy and train autonomous economic agents, the Fetch.ai utility token FET is an integral part of smart contracts and oracles on the platform.
By using FET, users can create and deploy their own agents on the network. Developers paying with FET tokens can access machine learning-based utilities to train autonomous agents and deploy collective intelligence on the network.
Validation nodes are also activated by staking FET tokens, facilitating network validation and reputation as a result.
Should I buy Fetch.ai today?
Fetch can be a profitable investment, but don't invest any money until you've done careful market research and weighed the pros and cons of owning Fetch.
Fetch.ai Price Prediction
CryptoNewsz is extremely bullish on the FET token. They expect the median price to be around $1.45 this year. fetch.ai's peak price is said to be around $1.68 in 2022.
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