Fetch AI (or Fetch.ai) is a crypto that has been around for almost four years.
It was born in 2019, which was during the crypto winter of the previous cycle, with the goal of creating a decentralized infrastructure for implementing digital “autonomous economic agents.”
The launch of its FET token took place on Binance’s Launchpad, but it was by no means a great success.
In fact, in March 2019 the crypto markets were just emerging from the previous year’s very heavy bear market, so that was hardly a time for great optimism.
Fetch AI’s crypto project
Fetch.ai had set out to create machines, data, services and infrastructure with digital representatives called Autonomous Economic Agents.
In fact, “AI” stands for Artificial Intelligence, and the idea was precisely to bring artificial intelligence into the crypto sector by creating autonomous software that could trade in total autonomy and without human supervision.
The development of the project is not yet finished,
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