Cryptocurrencies

Text

When was FET coin issued? Learn about the origin of FET coin in one article

Conceived in 2017, the Fetch.AI network and its FET coin were created to revolutionize AI and ML through a decentralized platform.

Oct 14, 2024 at 07:06 am

What is the Origin of FET Coin?

1. Conceptualization

2017: The idea for the Fetch.AI network and FET coin was conceived by Humayun Sheikh, Toby Simpson, and Thomas Hain.
The project aimed to create a decentralized platform for artificial intelligence (AI) and machine learning (ML) applications.

2. Initial Coin Offering (ICO)

May 2017: Fetch.AI raised $6 million in an ICO, with each FET token sold for $0.08.
The ICO allowed the project to gather funding for development and community growth.

3. Token Launch

September 2018: The FET coin was officially launched on the Ethereum blockchain.
The coin is an ERC-20 standard token, used as the primary currency within the Fetch.AI ecosystem.

4. Mainnet Release

January 2020: The Fetch.AI mainnet went live, enabling the deployment of AI applications on the network.
The mainnet release marked a significant milestone in the project's development.

5. Network Growth

Since its launch, the Fetch.AI network has seen significant growth and adoption.
It has partnered with organizations like Chainlink, Bosch, and Binance, expanding its reach and impact.

6. Token Price Appreciation

The value of FET has fluctuated over time, but has experienced significant price appreciation since its launch.
Its market capitalization reached an all-time high in early 2021.

Conclusion

The Fetch.AI network and FET coin have a robust origin and have evolved significantly since their inception. From its conceptualization to its launch and subsequent growth, FET has played a pivotal role in the development of decentralized AI and ML applications. The project continues to innovate and expand, further establishing its reputation in the industry.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

TON

$2.30

48.93%

Trade Now
SHOGGOTH

$0.1243

28.06%

Trade Now
VIRTUAL

$0.4470

28.04%

Trade Now
LUNA

$0.0786

25.93%

Trade Now
DEGEN

$0.0252

24.44%

Trade Now
TAI

$0.1966

23.67%

Trade Now

Latest Crypto News

PM Modi Unveils Development Projects Worth Rs 6,640 Crore in Bihar's Jamui, Underscores Govt's Commitment to Tribal Upliftment
2024-11-15 16:25:02
Cryptocurrency Market Update: $BTC and $ETH Lead the Market as $PEPE and $PNUT Surge
2024-11-15 16:25:02
Donald J. Trump Reignites Enthusiasm for Dogecoin ($DOGE) and Other Meme Assets
2024-11-15 16:15:01
Cryptocurrency Kiosks: The Unexpected Impact of a New Avenue to Digital Currency
2024-11-15 16:15:01
$PEPE the Meme Dragon Finally Listed on Robinhood and Coinbase, Prominent Whales Position to Take Profits
2024-11-15 16:25:02
XRP Price Pumps 62% This Week as SEC Chair Gary Gensler Hints at Resignation
2024-11-15 16:15:01

Related knowledge

What is TAO coin? What can TAO coins do? How to store TAO coins?

Oct 16,2024 at 01:23am

Understanding TAO Coin1. What is TAO Coin?TAO Coin is a decentralized cryptocurrency powered by the blockchain technology. It was launched in May 2022 and is designed to facilitate fast and secure global transactions. TAO operates as a community-driven platform, with its focus on accessibility, inclusivity, and maximizing returns for its holders.2. What...

How to buy and trade TAO coins? Where to buy TAO coins?

Oct 12,2024 at 10:41pm

1.How to buy TAO coins?Create an account on a cryptocurrency exchange that supports TAO trading.Make a deposit into your account using a supported payment method.Place an order to buy TAO coins using your deposited funds.Store your TAO coins in a secure wallet.Where to buy TAO coins?BinanceHuobi GlobalGate.io

TAO coin issuance price and total issuance volume in one article

Oct 12,2024 at 09:42pm

1. TAO Coin Issuance PriceInitial Coin Offering (ICO) price: $0.002 per TAO coin2. TAO Coin Total IssuanceTotal issuance: 100 billion TAO coinsCirculating supply: Approximately 50.7 billion TAO coins as of March 2023Additional InformationThe TAO coin is the native token of Tao Network, a blockchain platform designed for decentralized applications (dApps...

What is the issuance and circulation of TAO coins?

Oct 15,2024 at 04:00pm

Issuance and Circulation of TAO CoinsTAO coins (TAO) are a type of cryptocurrency based on the Ethereum blockchain. They are used to power the Tao Network, an ecosystem of decentralized applications and services.IssuanceInitial Issuance: The initial issuance of TAO coins occurred through an initial coin offering (ICO) in 2017.Total Supply: A total of 10...

On which platform can TAO coins be purchased? Recommended trading platforms for buying TAO coins

Oct 14,2024 at 10:36pm

How to Buy TAO Coins: Recommended Trading Platforms1. Understand Where TAO Coins Can Be PurchasedTAO coins, the native token of the Tao Network, are available on various centralized and decentralized cryptocurrency exchanges (CEXs and DEXs).2. Select a Trusted Trading PlatformBefore selecting a trading platform, consider the following factors:Security: ...

What are the formal channels for buying TAO coins? Detailed explanation of TAO coin purchase channels

Oct 14,2024 at 05:11am

What are the Formal Channels for Buying TAO Coins?TAO Coins are the native cryptocurrency of the TAO Network, a blockchain-based platform for decentralized applications. There are several formal channels through which you can purchase TAO Coins:1. Cryptocurrency ExchangesBinance: One of the largest and most reputable cryptocurrency exchanges supporting ...