Fetch.ai Blockchain Collabs with Bosch to Start a Web3 Foundation
CoinEdition
Published Feb 21, 2023 11:00AM ET
Fetch.ai Blockchain Collabs with Bosch to Start a Web3 Foundation
- Fetch Network (FET) blockchain teamed with Bosch to form a new Web3 foundation.
- The foundation aims at harnessing Web3 technology for real-world use cases.
- FET token trades at $0.4862, with a 15% gain in the last 24 hours.
The Fetch.ai (FET) blockchain has partnered with the Bosch Group, a leading tech firm, to form a new Web3 foundation aimed at researching, developing, and harnessing Web3 technology for real-world use cases.
FET network announced this information in a blog post today, noting that the initiative will be named at Fetch.ai Foundation. It aims to help industrial partners build next-generation AI applications across mobility, industrial, and consumer domains.
According to CoinMarketCap, Fetch.ai was founded in 2017 and launched via an Initial Exchange Offering (IEO) on Binance in March 2019. It is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Its utility token, FET, trades at $0.4862, with a 15% gain in the last 24 hours, ranking at position 115 with a market cap of about $400 million.
The post Fetch.ai Blockchain Collabs with Bosch to Start a Web3 Foundation appeared first on Coin Edition.
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