Fetch.ai
FET
$1.48

Sector

Artificial Intelligence

Exchange Debut

2019-03-03

Market Cap

3,737,786,145

Maxim Supply

2,630,547,141

Circulating Supply

2,521,012,371

Circ. Supply(%)

95.84%
FET logo

Fetch.ai

FET

Price

$1.48

Market Cap

Sector

Exchange Debut

3,737,786,145
2019-03-03

Volume 24h

High 24h

Low 24h

127134638
1.631387453123
1.442182144713

Change 24h

Change 7d

Change 30d

-6.1705
-19.4728
-34.0892

Maxim supply

Circulating supply

Circulating supply(%)

2,630,547,141
2,521,012,371
95.84%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Fetch.ai cryptocurrency:

Beginning with the fundamental analysis of the Fetch.ai cryptocurrency, the project has demonstrated commendable performance, earning an overall score of 8.03 out of 10, based on  multi-criteria analysis. Despite falling short in the Audit and Security category with a score of 7.2, Fetch.ai shines in terms of transparency and liquidity on exchanges. The 6 out of 10 score for audit results, however, suggests a need for enhanced transparency and communication regarding the project’s security and audit findings.

Social and Media

Moving further into the fundamental analysis of the Fetch.ai cryptocurrency, the Social and Media facet of the project has shown a robust presence, receiving a score of 7.4. While the project has effectively leveraged the media and cultivated an active social media community, the sub-criteria such as the ability to attract followers on social platforms and the size of chat group communities earned lower scores, indicating a potential area of improvement in Fetch.ai’s social media strategy.

Token Economy

In the Token Economy category, Fetch.ai secured a score of 7.8, attributed largely to its non-inflationary nature and its relative decentralized monetary mass. However, the annual inflation score weighed down the overall rating in this category.

Ecosystem Development

The Ecosystem Development aspect of Fetch.ai, on the other hand, scored an impressive 8.8. This score reflects the project’s solid achievements and forward-looking development plans. Nevertheless, the sub-criteria concerning objectives and development plans scored lower, indicating a need for enhanced strategic communication.

Team criterion

For the Team criterion, Fetch.ai notched a score of 9.2, thanks to its experienced team. However, the sub-criterion pertaining to the number of software developers scored lower, indicating a need to onboard more developers to bolster the team.

Fundamental analysis of Fetch.ai cryptocurrency – The final conclusion

In the final stretch of the fundamental analysis of the Fetch.ai cryptocurrency, the project stands out as a promising investment opportunity despite the identified areas for improvement. With its strong team, active community, and solid infrastructure, Fetch.ai exhibits a robust potential for growth and success. The strategic communication, security, and team diversity present opportunities for enhancement, which upon addressing, could further strengthen the project.

Their mission is to build the infrastructure required for developing modern, decentralized and peer-to-peer (P2P) applications that are free from centralized rent-seeking.

We achieve this by providing open-source software tools which you can use together with our interoperable decentralized network, to harness the power of AI and automation, and carry out complex tasks in the digital economy.

The Fetch.ai network is an interchain protocol, based on the Cosmos-SDK, and uses a high-performance WASM-based smart contract language (CosmWasm).

This also allows the Fetch.ai network to serve as a layer-1 network for Ethereum and as an interchain bridge to the rest of the blockchain world.

Ecosystem

The Fetch.ai network is built using principles from a branch of AI known as Multi-Agent Systems.

Multi-Agent Systems, built from their constituents, agents, are suited for multi-stakeholder environments. Unlike traditional systems whose constituents are all typically built by the same developer and designed to work in harmony, each agent may be built and owned by a different stakeholder whose interest may not necessarily be aligned with the others. Despite their heterogeneity and self-interest, agents find ways to cooperate and work with other agents, much like huma.

Technical Architecture – Fetch.ai

As an autonomous machine-to-machine ecosystem, Fetch.ai’s agents work as a network of independent parties and interact with each other directly via the blockchain network.

Negotiation

To perform their tasks, they connect and negotiate with one another. The process of autonomous economic agents finding, negotiating, and interacting with one another is all automated, and requires no user input. This further removes the reliance on intermediaries — thereby reducing costs.

Blockchain

Any resulting agreements between agents are then recorded on the Fetch.ai blockchain using FET. FET is the native token of the Fetch AI blockchain, is the main medium of exchange to pay for transactions, and can be used to pay agents for providing services.

Solve the problem of traditional federated learning:

How to incentivise others to contribute to your model. We break down silos within your organization by creating new revenue streams for your vendors, customers, partner divisions, and partner organizations. Our reward system pays your stakeholders to contribute to your models to help you improve your products and operations.    

Fundamental analysis of the Fetch.ai cryptocurrency

Fetch.ai - FET performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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