Bitget Pledges $10 Million for Fetch.ai Ecosystem

Bitget, a cryptocurrency derivatives exchange, has pledged $10 million towards the development of the Fetch.ai ecosystem. Fetch.ai provides infrastructure for autonomous services and features an AI agent network and smart wallet.

Timeline of Fetch

Fetch.ai [FET] shared a new proposal on 12 April which aims to improve the blockchain's NFT ecosystem. The latest proposal talks about funding an AI-focused NFT marketplace on the Fetch.ai network.

Fetch [FET] has been witnessing a decline in investor interest, which was evident from its trading volume. As per CoinMarketCap, FET's volume declined by nearly 30% in the last 24 hours, followed by its price.

As the world increasingly relies on artificial intelligence (AI) to power everything from search engines to self-driving cars, it's no surprise that traders and investors are turning their attention to the intersection of AI and cryptocurrency.

Since the launch of OpenAI's ChatGPT last November, the cryptocurrency market seems to have officially welcomed a new category: AI crypto assets. However, according to price trends, it seems it is now time for discounts.

AI(Artificial intelligence) technology has remained one of the hottest topics in 2023 so far. Despite a highly volatile phase in the past three months, the cryptocurrencies linked to this AI technology experienced substantial gains, reflecting their increasing popularity.

Fetch [FET] oscillated around $0.371 – $0.490 over the last few days before breaking below the range. However, bulls found steady ground at $0.298 on March 12, pushing the price back into its previous range only to face rejection at the range's upper boundary.

Following Openai's release of GPT-4, a deep learning and artificial intelligence product, crypto assets focused on AI have spiked in value. The AGIX token of the Singularitynet project has risen 25.63% in the last 24 hours.

Bosch and Fetch.ai have just announced the launch of their joint venture, Fetch.AI Foundation, with a mission to research, implement and leverage Web3 technology for use cases in mobility, industrialization, and consumer products. The Fetch.ai Foundation will be built upon transparency, openness, neutrality, and data sovereignty.

One of the leading AI crypto token projects Fetch AI and German engineering and technology giant Bosch announced a new partnership today, sending the FET price soaring by 12%. The partnership is about a new Web3 foundation, the Fetch.ai Foundation.

One of the leading artificial intelligence crypto projects is soaring due to a new partnership with electronics giant Bosch. The team behind the Ethereum-based altcoin project Fetch.ai (FET) says the two will work together to boost development of industrial applications based on AI and Web3 technologies.