Fetch.ai

Challenger

Decentralized AI platform, token FET (~$0.24). Founded 2017, Cambridge UK. Raised ~$74M. Merged with SingularityNET into Artificial Superintelligence Alliance.

Decentralized AI & Autonomous Agents
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Updated April 2026

Company Overview

About Fetch.ai

Fetch.ai is a decentralized AI platform founded in 2017 by Humayun Sheikh (CEO), Thomas Hain, and Toby Simpson, headquartered in Cambridge, United Kingdom. The platform enables developers to build and deploy autonomous AI agents on a decentralized network for tasks like DeFi optimization, supply chain management, and automated workflows. Its native token FET powers transactions, staking, and governance.

Business Model & Competitive Advantage

Fetch.ai operates at the intersection of AI and Web3, competing with Ocean Protocol, SingularityNET, and Bittensor. In 2024, Fetch.ai merged with SingularityNET to form the Artificial Superintelligence Alliance (ASI). The FET token features a $50 million Earn & Burn mechanism for fee-driven buybacks and burns. The project has raised approximately $74 million.

Competitive Landscape 2025–2026

Key milestones include the ASI:Chain DevNet Beta launch (October 2025) and ASI:Create Closed Alpha (February 2026). The roadmap targets ASI:Chain mainnet by late 2026 or early 2027. FET trades near $0.23-$0.25 as of March 2026.

Revenue
$74M
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Key Differentiators

Strong Challenger

Fetch.ai is an established challenger with significant market presence and competitive offerings in Blockchain & Web3.

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