<h2 dir="ltr">What Is Fetch.ai Used For?</h2><a href="https://coin360.com/learn/fetch-ai-revolutionizing-crypto-ai" previewlistener="true">Fetch.ai</a> is a platform designed to automate and optimize complex systems using artificial intelligence in a decentralized network environment.&nbsp;The platform allows for the development, deployment, and orchestration of AI agents that can perform tasks autonomously. These agents interact within a digital economy to solve problems in real-time, ranging from energy distribution optimizations to complex supply chain solutions.&nbsp;Fetch.ai aims to reduce the need for human oversight in systems that benefit from autonomous solutions to enhance efficiency across various industries.<h2 dir="ltr"> </h2><h2 dir="ltr">When Did Fetch.ai Launch?</h2>Fetch.ai officially launched in 2017. The project was initiated to integrate blockchain technology with the burgeoning field of artificial intelligence, which focuses on creating a decentralized network where digital representatives of the economy’s moving parts could operate autonomously.&nbsp;The launch marked the beginning of an ambitious journey to redefine how devices, services, and algorithms interact in the digital and real-world sectors without central oversight. Check out other <a href="https://coin360.com/learn/ai-crypto-revolution-top-projects-investment-tips" previewlistener="true">AI crypto projects that are transforming the blockchain industry here</a>.<h2 dir="ltr"> </h2><h2 dir="ltr">Is Fetch.ai an ERC20 Token?</h2>Initially, FET was launched as an <a href="https://coin360.com/glossary/erc-20" previewlistener="true">ERC20 token</a> on the Ethereum network to facilitate early access and usage by developers. With the launch of the Fetch.ai Mainnet, a native version of the FET token became available.Currently, <a href="https://fetch.ai/docs/concepts/fetch-network/native-and-erc20-fet-tokens" previewlistener="true">both ERC20 and native FET tokens</a> coexist, and users can <a href="https://fetch.ai/docs/guides/fetch-network/how-to-convert-fet-to-and-from-erc20" previewlistener="true">convert</a> their ERC20 FET tokens to native FET tokens.&nbsp;<h2 dir="ltr"> </h2><h2 dir="ltr">What Is the Use Case of FET Coin?</h2>FET, the native token of Fetch.ai, plays a crucial role as the reserve currency within the Artificial Superintelligence Alliance—a collaborative effort involving Fetch.ai, SingularityNET, and Ocean Protocol.&nbsp;The coin is <a href="https://medium.com/fetch-ai/superintelligence-alliance-token-merge-a85530678629" previewlistener="true">set to be renamed</a> to ASI pending successful governance votes across the alliance's communities. This renaming aligns with the alliance's shift towards a unified platform for artificial superintelligence.The primary use cases of FET include:<ul><li dir="ltr" aria-level="1">Transaction Fees and Operations: Serving as the medium for transaction fees on the network, facilitating operations, and interactions among AI agents.</li><li dir="ltr" aria-level="1">Governance and Voting: Enabling token holders to participate in governance decisions, influencing the future development and protocols of the Fetch.ai ecosystem.</li><li dir="ltr" aria-level="1">Staking and Security: Providing a staking mechanism that enhances the network's security and integrity, encouraging users to lock in their tokens in return for rewards.</li></ul><h2 dir="ltr"> </h2><h2 dir="ltr">How Many FET Coins Are There?</h2>The total supply of FET, <a href="https://fetch.ai/blog/fet-token-supply-increased-to-support-forthcoming-asi-token-merge" previewlistener="true">soon to be ASI</a>, is capped at 2.63 billion tokens. This cap includes the additional tokens minted as part of the transition to the Artificial Superintelligence Alliance:<ul><li dir="ltr" aria-level="1">Original FET Supply: The pre-existing supply of Fetch.ai tokens.</li><li dir="ltr" aria-level="1">Additional Minting: As part of the alliance formation, 1.48 billion new tokens will be minted to accommodate the contributions from <a href="https://coin360.com/coin/singularitynet-agix" previewlistener="true">SingularityNET</a> (AGIX) and <a href="https://coin360.com/coin/ocean-protocol-ocean" previewlistener="true">Ocean Protocol</a> (OCEAN).</li></ul>Of the new mint:<ul><li dir="ltr" aria-level="1">867 million ASI tokens are allocated to AGIX holders.</li><li dir="ltr" aria-level="1">611 million ASI tokens are allocated to OCEAN holders.</li></ul>This restructuring of the token supply is designed to facilitate a smooth transition to the new ASI token and maintain a balanced and equitable distribution among stakeholders of the three participating platforms. The swap rate for transitioning from FET to ASI is set at a 1:1 ratio to ensure that holders have a direct stake in the new ecosystem without any loss in token value.<h2 dir="ltr"> </h2><h2 dir="ltr">Is FET a Good Investment?</h2>The potential for investing in FET coin depends on a variety of factors that align with both market trends and personal investment goals. Below is a table that outlines some reasons you might consider for or against investing in FET coin.<h3 dir="ltr">Should I Invest in FET?</h3><table border="0" width="100%" cellpadding="0" cellspacing="0"><tbody><tr><th>Reasons for Investing in FET&nbsp;</th><th>Reasons Against Investing in FET&nbsp;</th></tr><tr><td>&nbsp;<ol style=""><li style="">Innovative Integration of AI and Blockchain: By harnessing the capabilities of AI, Fetch.ai offers a unique proposition within the blockchain space.</li><li style="">Growing Ecosystem: Developers can build on the Fetch.ai platform, potentially increasing FET's value.</li><li style="">Scalable Infrastructure: The platform supports a scalable multi-agent system architecture, which can accommodate a growing number of use cases.</li><li style="">Real-World Applications: Fetch.ai's technology has practical applications in industries such as logistics, energy, and finance, suggesting a broad market potential.</li></ol></td><td>&nbsp;<ol style=""><li style="">Market Volatility: Crypto markets can be unpredictable, and prices can fluctuate widely.</li><li style="">Regulatory Uncertainty: Changes in regulations could impact the use and value of FET.</li><li style="">Technical Complexity: The advanced nature of Fetch.ai's technology could be a barrier to adoption for those without a technical background.</li></ol> </td></tr></tbody></table>

Fetch.AI

Gate.io

Token Store

IDCM

Ripple China

Altilly

Bytex

BitShares Asset Exchange

Upbit

Cryptology

BCEX

Aphelion

Coinroom

Tidex

Cobinhood

Buda

Bilaxy

Binance US

Tux Exchange

ooobtc

Fatbtc

Bleutrade

CoinCorner

COSS

InfinityCoin Exchange

Cryptohub

CryptoMarket

QuadrigaCX

Huobi Global

bybit

kryptono

CEX.io

MBAex

Radar Relay

CoinHub

Tripe Dice Exchange

Cat.Ex

itBit

Liquid

Bitbank

Ethfinex (closed)

cfinex

OTCBTC

Latoken

Crypto.com

AidosMarket

LocalTrade

BTC Trade UA

Coingi

CredoEx

idax

Ovis

Stellar Decentralized Exchange

Cryptomus

AirSwap

CoinsBank

kyber-network

BigONE

Fisco

simex

BiteBTC

RippleFox

55 Global Markets

Luno

Bitmaszyna

Alterdice

Bgogo

CPDAX

Coinbase

lakebtc

Altcoin Trader

Kuna

RuDEX

xBTCe

BCoin.sg

CoinMate

BTCBOX

DragonEX

Nocks

Stex

CoinFalcon

Bitmex

Paymium

Bitrabbit

Satang Pro

Braziliex

Xena Exchange

Bitfinex

Coinsquare

BX Thailand

Coinrail

Cryptomate

tradesatoshi

Korbit

BW.com

Coinlim

DEx.top

ABCC

Allbit

allcoin

B2BX

Bancor Network

BarterDEX

BHEX

Bibox

Binance

binance-uganda

Bisq

bitz

Bit2C

BitBay

Bitbns

BITBOX

BitcoinToYou

BitcoinTrade

Bitex.la

BitFlip

bitFlyer

Bitforex

BitGet

Bithesap

bithumb

Bitibu

bitinka

BITKER

Bitkub

bitlish

BitMarket

BitMart

bitmax

Bitonic

Bitrue

Bits Blockchain

Bitsane

Bitso

Bitstamp

Bitstamp (Ripple Gateway)

Bittylicious

Bitunix

BKex

BL3P

BTC Alpha

BTC Markets

BTCC

BtcTrade.im

BTCTurk

Bullish

C-CEX

C-Patex

C2CX

Chaince

CHAOEX

Coinall

Coinbe

Coinbene

Coinbit

Coincheck

CoinDeal

Coineal

coinegg

Coinex

Coinfloor

coinmex

Coinnest

Coinone

CoinPlace

Coinrate

coinsbit

Coinsuper

Coinut

CoinZest

Crex24

CRXzone

CryptalDash

Cryptonex

Dcoin

DDEX

digifinex

dobi

DOBI trade

dYdX

Escodex

EtherDelta (ForkDelta)

EtherFlyer

EXMO

Exrates

ExtStock

ezBtc

Flipster

FMCPAY

FreiExchange

Gatecoin (closed)

Gatehub

GBX Digital Asset Exchange

GDAC

Gemini

GOPAX

Graviex

GreenX

GuldenTrader