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Cryptocurrency News Articles
Fetch.ai is building a decentralized AI-driven economy where autonomous economic agents (AEAs) can interact across industries
Apr 02, 2025 at 08:12 pm
Fetch.ai is expanding into the trillion-dollar AI market through blockchain-driven automation.
Fetch.ai is a Cambridge, England-based blockchain startup that is building a decentralized AI-driven economy where autonomous economic agents (AEAs) can interact across industries, optimize processes, and automate services.
Its open source platform seamlessly integrates AI into existing systems, enabling businesses to improve efficiency and reduce dependence on intermediaries.
With DeFi, Web3, and GPT integration, Fetch.ai is applying blockchain technology to various industries such as smart cities and supply chains, expanding into the trillion-dollar AI market through decentralized automation.
Key Insights
Fetch.ai : Ecosystem Overview
Fetch.ai is a blockchain-based decentralized AI platform designed to power autonomous machine learning and AI-driven economic agents. It provides an infrastructure where independent AI agents can interact, perform transactions, and integrate with dApps across multiple industries.
Fetch.ai was founded in Cambridge in 2017 and launched its mainnet in January 2020, combining blockchain and artificial intelligence to enable secure and transparent data sharing.
Key Features:
Fetch.ai Applications range from optimizing financial trading strategies and advancing smart city infrastructure to improving public transportation routes, enabling gig economy interactions, and managing decentralized energy networks.
Fetch.ai ’s mission is to lay the foundation for a scalable, secure, and decentralized AI economy, connecting blockchain technology with real-world industry applications.
Core Components
The core components of the platform — Agents, Agentverse, AI Engine, and Fetch Network — work together to enable autonomous AI-driven automation in the decentralized digital economy.
Agents are autonomous, decentralized programs that can independently search, transact, and collaborate to perform tasks across a variety of domains without human intervention.
They deal with problem solving, market transactions, computational tasks, data validation and communication, and applications in different fields.
Fetch.ai Agents It runs on the uAgents Framework , an open source library that simplifies development and ensures efficient execution within the ecosystem.
Agentverse is a SaaS platform for deploying, registering, and managing autonomous agents, providing a central hub for developers to build and scale AI-driven solutions.
It supports global agents, pre-built templates for rapid development, and seamless integration with real-world applications, ensuring continuous uptime and efficient execution.
Agents hosted on Agentverse benefit from real-time modification and simplified automation, making them Key infrastructure components in the Fetch.ai ecosystem.
AI Engine is At its core, Fetch.ai automation connects users and agents by converting human input into structured actions.
It processes natural language, converts requests into executable tasks, and DeltaV connects for seamless interaction while using Smart Routing to optimize proxy selection.
It is powered by Large Language Models (LLMs) that improve decision making, automate problem solving, and ensure efficient task execution across the ecosystem.
Fetch.ai enables the [CometBFT] consensus mechanism (formerly known as Tendermint) to run as a standalone Cosmos SDK blockchain, enabling IBC interoperability with other Cosmos-based networks.
Fetch Network is Fetch.ai ’s blockchain backbone ensures secure, transparent, and decentralized coordination between agents.
It includes a Almanac contracts , for easier discovery Fetch Name Service (FNS) and for immutable record keeping Fetch Ledger .
It consists of $FET is supported (approved to transition to $ASI ), which drives transactions, incentivizes participation, and enables seamless agent interactions, Fetch.ai aligns with the broader AI Super Smart Economy for scalable AI orchestration and decentralized automation.
Fetch.ai has expanded into the Ethereum and Binance Smart Chain (BSC) ecosystems, launching ERC-20 and BEP-20 versions of $FET to increase liquidity and access to DeFi applications.
Fetch.ai 's achievements and technological advancements
Growth, Innovation, and Developer Adoption
Fetch.ai has achieved significant growth in 2024, recording 24M+ transactions, 130K+ active wallets, and 400M+ $FET staking. Launch of innovation labs in San Francisco, London, and India, as well as global hackathons and academic collaborations, strengthens its commitment to decentralized AI development.
Advancing AI infrastructure
Introduced a $10M Global Innovation Fund to support early-stage AI startups, and a $100M The Fetch Compute initiative acquires high-performance GPUs to drive scalable AI applications. These efforts, coupled with the new research center, strengthen Fetch.ai’s place in the decentralized AI ecosystem.
ASI-1 Mini: A leap forward in AI efficiency
Fetch.ai Launched ASI-1 Mini, a Web3 native LLM product designed for efficiency that runs on just 2 GPUs while delivering high performance. With multi-step reasoning and autonomous workflows, it improves decision making and enables users to invest, train, and own AI models.
Ecosystem Growth
Fetch.ai is Key players in the ASI Alliance will $FET , $AGIX , and $OCEAN merges into a unified AI-driven ecosystem. Ankr , C
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