In the decentralized digital environment of Fetch.AI, autonomous software agents carry out real-world economic tasks. The utility token FET was created using the Cosmos-SDK. The native FET token can be used to pay for gas fees, staking, and payment. FET enables agents like computers and IoT devices to carry out tasks like delivering data or services in exchange for being compensated with FET tokens. It is possible to think of the Fetch.AI protocol and network as a way to link agents with value to people who need that value. It is providing the crypto economy with machine learning (ML) and artificial intelligence (AI) capabilities.

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