Cryptocurrencies

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List of FET coin issuance and listing trading platforms

On June 15, 2017, the genesis block of the Fetch.AI network was created, marking the official launch of the project.

Oct 03, 2024 at 03:24 pm

Step 1: Genesis Block Creation and Initial Distribution

June 15, 2017: The first FET token block (Genesis block) is created, marking the official inception of the Fetch.AI network.
Initial Token Allocation: 25% of the total FET supply (1.15 billion tokens) are initially distributed to the Fetch.AI Foundation, while the remaining 75% are reserved for future use.

Step 2: Private Token Sale

October 10, 2017: Fetch.AI conducts a private token sale, raising approximately $8 million in funding.

Step 3: Public Token Sale

February 22, 2018: Fetch.AI launches a public token sale, selling 25% of its total FET supply (1.15 billion tokens) for 0.0175 ETH each.
Token Distribution: Over 60,000 investors participate in the public sale, raising a total of approximately $20 million.

Step 4: Listing and Trading on Exchanges

February 27, 2018: FET is listed and begins trading on cryptocurrency exchanges, including Binance, KuCoin, and HitBTC.

Step 5: Listing on Huobi Global

August 7, 2018: FET is listed on Huobi Global, one of the world's largest cryptocurrency exchanges.

Step 6: Integration into Fetch.AI Ecosystem

Ongoing Development: FET plays a crucial role within the Fetch.AI ecosystem, serving as the native cryptocurrency for transaction fees, staking rewards, and governance.

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