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Cryptocurrency News Articles

BitMart Will List Fetch.ai (FET) on February 20th

Feb 21, 2025 at 02:17 am

The trading pair for this listing is FET/USDT. FET Info Fetch.ai's FET, a utility token, is the bedrock for discovering, creating, deploying

BitMart Will List Fetch.ai (FET) on February 20th

BitMart will list Fetch.ai (FET) on February 20th, with the trading pair being FET/USDT.

FET is a utility token that serves as the foundation for discovering, creating, deploying, and training digital twins within the Fetch.ai ecosystem. It plays a crucial role in smart contracts and oracles on the platform. With FET, users can build and deploy their digital twins on the network, enabling them to construct marketplaces, skills, and intelligence for these twins. The token also grants developers access to machine-learning utilities for training autonomous digital twins and deploying collective intelligence on the network. Furthermore, validation nodes can stake FET tokens to facilitate network validation, which in turn enhances their reputation in the Fetch.ai community.

The technological architecture of Fetch.ai comprises four distinct elements. The Digital Twin Framework provides modular components to help teams construct marketplaces, skills, and intelligence for digital twins. The Open Economic Framework facilitates search and discovery capabilities for digital twins. The Digital Twin Metropolis houses smart contracts that maintain an immutable record of agreements between digital twins on a WebAssembly (WASM) virtual machine, and the Fetch.ai Blockchain utilizes multi-party cryptography and game theory for secure, censorship-resistant consensus and rapid chain-syncing to support digital twin applications.

Among the platform's key components is the learner, where each participant represents a unique private dataset and machine learning system. The global market is a product of a collective learning experiment, where a machine learning model is trained by the learners collectively. The Fetch.ai Blockchain supports smart contracts, enabling secure and auditable coordination and governance. Finally, the platform includes a decentralized data layer based on IPFS, facilitating the sharing of machine learning weights among all learners involved.

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Other articles published on Feb 22, 2025