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What is Fetch.ai (FET)?
Fetch.ai (FET) is the native token of the Fetch.ai network, a platform for building intelligent autonomous agents that can collaborate and learn independently in a decentralized manner. FET serves as the primary utility token within the Fetch.ai ecosystem.
Key Features of Fetch.ai
- Autonomous Economic Agents: Fetch.ai enables the creation and deployment of software agents that can interact with the world and other agents to achieve specific goals.
- Open Agent Framework: Developers can leverage the Open Agent Framework to build and deploy their own intelligent agents on the Fetch.ai network.
- Decentralized Machine Learning: Fetch.ai facilitates secure and collaborative machine learning between agents, promoting collective intelligence.
Uses of FET Token
- Building and Deploying Agents: FET is required to pay for the computational resources needed to deploy and operate autonomous agents on the Fetch.ai network.
- Accessing Data and Services: FET grants access to data and services available within the Fetch.ai ecosystem.
- Staking (Potential Future): While not fully implemented yet, staking FET might offer benefits or rewards in the future