# Fetch.ai

**Source:** https://geo.sig.ai/brands/fetchai  
**Vertical:** Blockchain & Web3  
**Subcategory:** Decentralized AI & Autonomous Agents  
**Tier:** Challenger  
**Website:** fetch.ai  
**Last Updated:** 2026-04-14

## Summary

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

## Company Overview

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.

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.

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.

## Frequently Asked Questions

### What is Fetch.ai?
A decentralized AI platform that merged with SingularityNET to form the Artificial Superintelligence Alliance (ASI), enabling developers to build autonomous AI agents on a blockchain network.

### What is the FET token?
The native token for transactions, staking, and governance within the Fetch.ai/ASI ecosystem, with an Earn & Burn deflationary mechanism.

### Is Fetch.ai publicly traded?
Not as a traditional company, but the FET token trades on major cryptocurrency exchanges.

### What is ASI:Chain?
The layer-1 blockchain for decentralized AI, with DevNet Beta launched October 2025 and mainnet targeted for late 2026.

### Who founded Fetch.ai?
Humayun Sheikh (CEO), Thomas Hain, and Toby Simpson, based in Cambridge, UK, founded in 2017.

### What is the Artificial Superintelligence Alliance (ASI) and how does it relate to Fetch.ai?
In 2024, Fetch.ai merged with SingularityNET and Ocean Protocol to form the Artificial Superintelligence Alliance (ASI), the largest open-source decentralized AI collective in the world. The merger unified the FET, AGIX, and OCEAN tokens into a single ASI token, creating a combined ecosystem aimed at accelerating the development of decentralized artificial general intelligence. Fetch.ai's agent technology and Agentverse platform became core infrastructure components of the broader ASI network.

### How do Fetch.ai autonomous AI agents work and what tasks can they automate?
Fetch.ai agents are software programs that can perceive their environment, make decisions, and take actions autonomously — running on the Agentverse platform and communicating with each other through a decentralized messaging layer called the Agent Communication Protocol (ACP). Real-world use cases include automated DeFi portfolio rebalancing, dynamic pricing agents for marketplaces, supply chain monitoring agents that trigger reorders, and mobility agents that optimize multi-modal travel routes. Developers build agents using the uAgents Python framework.

### What is the FET/ASI token used for and how does staking work?
The ASI token (formerly FET) is the utility token powering the Fetch.ai and ASI ecosystem — used to pay transaction fees on the network, stake for validator rewards, participate in governance votes, and access premium AI compute services on the network. Staking requires locking ASI tokens in a validator node or delegation pool for a minimum period, earning inflationary staking rewards of approximately 10-15% APY depending on total staked amount. Token holders can stake through the Fetch.ai staking dashboard or compatible wallets like Cosmostation.

## Tags

blockchain, fintech, b2b

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*