As we move through 2025, it's time to reflect on the achievements of 2024. At Fetch.ai, the past year was one of remarkable progress, highlighted by significant milestones demonstrating our growth and steadfast dedication to innovation in decentralized AI. Among our key achievements, we celebrated the success of global hackathons, the strategic ASI Alliance token merger with other leaders in decentralized AI, the launch and expansion of Fetch Innovation Lab, and substantial ecosystem growth. We are forging a robust foundation for a future powered by decentralized AI.
24 million+ transactions on the Fetch.ai mainnet, a testament to the increasing adoption of our decentralized solutions.
130,000+ active wallets, showcasing vibrant user engagement and ecosystem participation.
Over 400 million FET tokens were staked, reflecting unwavering trust and commitment from our community.
10,000+ wallet downloads, underscoring the growing interest and accessibility of our platform.
1,000+ GitHub contributors, highlighting a thriving and expanding developer ecosystem.
3 Innovation Labs were launched in San Francisco, London, and India, with 20+ interns from top universities like UCLA, Imperial, and Warwick developing impactful AI agent technology proof-of-concepts across industries.
25 Hackathons were sponsored that pushed the boundaries of innovation within AI.
Strengthened academic research through collaborations with Imperial, Oxford, Cambridge, and UCLA, fostering cutting-edge development and ideas.
Fetch.ai remains committed to pushing boundaries and advancing a decentralized AI ecosystem that benefits users, developers, and the global community.
Fetch.ai made significant strides in Q1 2024, marked by key partnerships, product launches, and ecosystem growth. A standout achievement was the partnership with Deutsche Telekom, where its subsidiary, Deutsche Telekom MMS, joined Fetch.ai's network as a validator, enhancing security and integrating AI and blockchain solutions for the machine economy. This collaboration aligns with Fetch.ai's mission to drive decentralized innovation and strengthen Web3 applications.
The Fetch Foundation also welcomed C4E, aiming to revolutionize the energy sector with AI-driven solutions. Notable advancements include predictive peer-to-peer energy trading, optimized EV charging networks, and smart routing for electric vehicles, all designed to enhance efficiency and sustainability.
Product innovation was led by the launch of Agentverse v0.16, introducing streamlined agent creation, enhanced management tools, and DeltaV platform integration. The release of Fetch Compute, a $100 million investment leveraging cutting-edge Nvidia GPUs, further empowered developers by addressing GPU scarcity and accelerating AI development.
Fetch.ai also announced the launch of the Artificial Superintelligence Alliance, a token merger between leading web3 and AI projects SingularityNet and Ocean Protocol which would begin in Q3, 2024.
Additionally, integrations with tools like Chainlink and major milestones highlighted the growing interest in Fetch.ai's ecosystem, setting the stage for further breakthroughs.
In Q2 2024, Fetch.ai solidified its position as a leader in decentralized AI by forming impactful partnerships and delivering innovative solutions. A strategic partnership with Ankr provided a robust foundation for scalable, multi-chain AI applications, combining Fetch.ai's advanced agent tools with Ankr's Web3 infrastructure. This collaboration addresses scalability and reliability challenges, enabling seamless operation of Fetch.ai's agents across blockchain protocols.
The Artificial Superintelligence Alliance reached a milestone with community approval for the ASI token merger, uniting $FET, $AGIX, and $OCEAN into the Artificial Superintelligence Alliance (FET) token.
On the product front, Fetch.ai rolled out Agentverse v0.20 and v0.21, introducing enhancements like new DeltaV personalities and integrations such as Llama 3-8B. The mobile wallet sneak peek further showcased the team's focus on user-friendly applications. Meanwhile, AI-driven recruitment solutions streamlined hiring processes with intelligent workflows, from resume screening to candidate engagement.
Hackathons at prestigious institutions such as Stanford, UCLA, MIT, Imperial College London, Warwick, and IIT Madras, alongside major events like LAHacks and the AI Summit London, have showcased Fetch.ai's significant influence in advancing AI development and education. Our commitment to leveraging AI for social good is reflected in initiatives like Hack for Social Impact and partnerships with impactful organizations, including the Chan-Zuckerberg Initiative, the United Nations Convention to Combat Desertification, Terner Housing for Housing Innovation, and Community Legal Services in East Palo Alto. Together, these efforts underscore Fetch.ai's dedication to fostering a robust ecosystem while driving positive change in communities worldwide.
Q3 marked a transformative period for Fetch.ai, driven by ecosystem expansion, product innovation, and strategic collaborations. The highly anticipated token merger commenced, with exchange support streamlining the integration of $FET, $AGIX, and $OCEAN into ASI.
Fetch.ai launched the ASI Mobile Wallet, simplifying access to its ecosystem with enhanced usability, and released a coauthored research paper with Cambridge University, offering a detailed exploration of AI and Web3 convergence. Key product milestones included Agentverse 0.23 and 0.24 updates, the introduction of GitHub communication hubs, underscoring a focus on usability and innovation.
In August, Fetch.ai inaugurated its San Francisco Innovation Lab, pledging $10 million annually to support startups leveraging AI agent solutions. The San Francisco Lab was the first of three to launch this year, followed by India in the same month and then London in Q4. These initiatives bolstered community engagement and triggered a 60% surge in the FET token's value, reflecting growing investor confidence. Fetch.ai further cemented its role as a pioneer at the intersection of AI and Web3 by hosting hackathons at premier events like HackMIT and Aiify Agentic World.
In September, the Artificial Superintelligence Alliance proposed the addition of CUDOS as the fourth project to merge into the ASI Alliance and enhance decentralized cloud computing capabilities, with community voting set to finalize the expansion.
Fetch.ai concluded 2024 with major advancements in partnerships, foundation growth, and product innovation. A highlight was the launch of an Innovation Lab in collaboration with Imperial College London's I-X Hub Located at the White City Campus, the lab focuses on advancing AI, machine learning, and autonomous systems, backed by a $10 million fund to support startups and tech innovation. Moreover the IBC client between Injective and Fetch.ai has been re-established, facilitating seamless interoperability between the Fetch.ai mainnet and Injective.
The Artificial Superintelligence (ASI) Alliance, including Fetch.ai, achieved significant progress with the integration of CUDOS to enhance computational power and onboarded Alibaba Cloud as a cloud provider to bridge Web2 and Web3. Partnerships further expanded Fetch.ai's influence, including a collaboration with Dtravel to revolutionize vacation rental discovery and a new integration with Nuklai to enhance AI-driven data interoperability and insights.
Strategic investments significantly bolstered Fetch.ai's trajectory, with DAiM allocating resources to drive innovation in AI and blockchain. Product updates included advancements in Agentverse and key events such as the Imperial Hackathon - where Moderna (IX Business Partner) collaborated with us to solve the problem of vaccine adaption., the AI Summit in New York, and collaborations with Barclays for the Barclays AI Symposium, alongside numerous hackathons worldwide. Additionally, Injective and Fetch.ai activated IBC channels, further enhancing blockchain interoperability. These accomplishments underscore Fetch.ai's commitment to fostering decentralized AI ecosystems and advancing the adoption of agent-based technologies.
As we reflect on the year, it's clear that 2024 has been a defining year for Fetch.ai and the broader AI community. With strategic growth, global partnerships, and a relentless focus on empowering developers, we're well-positioned to drive the future of decentralized AI.
As we enter 2025, Fetch.ai is poised to lead the future of decentralized AI innovation with a strong focus on building and scaling. Our efforts will prioritize the onboarding and expansion of Fetch.ai Ai Agents and Open AI Agent Marketplace to enable connectivity of other agent frameworks and build a stronger decentralized ecosystem within the Fetch.ai ecosystem, empowering developers and businesses to leverage autonomous technologies for real-world applications.
The Artificial Superintelligence (ASI) Alliance remains central to our mission, with collaborative product development among alliance members like SingularityNET Ocean Protocol and CUDOS driving advancements in decentralized AI solutions.
We will continue to expand and focus on growing our global Innovation Lab, building on the successes of 2024 to provide enhanced resources, mentorship, and funding for developers and startups. Through hackathons, workshops, and strategic partnerships, Fetch.ai will continue fostering a vibrant community, delivering scalable, efficient, and decentralized AI solutions that push the boundaries of what's possible in 2025 and beyond.
