18. September, 2018

Six months out of stealth mode – Fetch’s journey so far

Half a year ago, Fetch.AI lifted its veil of secrecy.  Today, we are at a stage of rapid growth, and we are taking major strides every week.  When we began we had a core team of five and now we have more than 35 employees, with additional teams working externally overseas.  As we look ahead, allow us to pause and reflect on how far we’ve come in such a short time.

In March we unveiled our introductory video, revealing for the first time what we’ve been working on since we formed Fetch in April 2017.

After proving, both to ourselves and to outsiders, that our concept would work, we launched a private sale which generated $15m.

In May we joined BMW, Bosch, Ford, GM, Renault, Accenture and IBM in the MOBI consortium. This is dedicated to exploring the opportunities of applying blockchain technology for the benefit of the mobility industry, consumers, and communities.

The following month we published our technical white paper.  This outlines our vision and goals, disclosing fully how Fetch will be built and what our core technology is.  This document is supplemented by other publications including a yellow paper explaining the design of our scalable distributed ledger, a white paper analysing the evolution and design of digital economies and another document giving broader context to Fetch’s ledger.

In August the whitelisting process went live ahead of our ICO.  We also added a blue paper, outlining the overview of the Fetch token and how it will be used on the network.  Another major step forward was the first of many planned code releases.  This showed some of the technology behind our initial scalable ledger concept.

This summer we have significantly stepped up our efforts promoting Fetch internationally.  We have held meetups in London, Amsterdam, Berlin, Toronto and Chicago.  The session in Berlin can be watched in full here:

It’s been great to share our vision of a decentralised digital world with so many people and we will continue to hold such events over the coming weeks, months and years.

As you can tell from our blog, we have also ramped up our efforts to share with you what we’re up to. This includes regularly engaging with the online community and posting content on our social media accounts: Twitter, Telegram, Discord, Reddit, YouTube, Medium and LinkedIn.  We have also published a growing number of in-depth articles concerning our innovative technology.  To learn more, read the articles written by Senior Machine Learning Scientist Jonathan Ward, Senior Software Engineer Troels Rønnow or Lead Autonomous Economic Agent Developer and Head of Community Josh Croft.   

In recent weeks we have agreed a partnership with hospitality technology company wi-Q Technologies.  This will see the company have one of the first Autonomous Economic Agents (AEAs) on the Fetch network.  It is a significant milestone for everyone involved and will, in time, have a tangible effect on both hotel guests, who will benefit from an increasingly tailored service, and hotel owners, who will uncover major efficiency savings.  This is just one of several commercial partnerships we will be announcing in the coming months.

As we look to the future, we’ve got the test-net running, and it’s not long until its public release. During the initial phase, access to the test-net is via invite only, so do join our community. Useful Proof of Work and Consensus white papers are slated for release later this year, which alongside our other publications, will provide an overall picture on how Fetch works.

Stay tuned for further updates.  We have overseen major progress during the past six months. We anticipate even more exciting developments over the next six.


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