Roots and OG team: The project was launched in 2017 by expatriates from Britain. The key founder is Humayun Sheikh, who was one of the first investors in DeepMind (which was later acquired by Google). This gave the project instant credibility as a serious player in the artificial intelligence niche even before it became mainstream.
Binance and Technology: In 2019, #FET became one of the first high-profile IEOs on Binance Launchpad, raising millions in mere seconds. Technically, they crossed DAG (Directed Acyclic Graph) and blockchain to create an environment for 'autonomous agents' - bots that trade, book hotels, or optimize logistics without the intermediation of corporations.
The Era of the Alliance: In 2024, FET became the foundation for the largest merger in crypto-AI history. Together with Ocean Protocol and SingularityNET, they created the Artificial Superintelligence Alliance (#ASI ). Now the token is not just 'agents', but a bet on decentralized general AI (AGI), which will challenge the monopoly of OpenAI and Microsoft.
Currently, Ocean Protocol has exited the ASI alliance. But, in my opinion, the vacant hot seat will not remain empty for long.$FET .
Currently, the price $FET is quite low, institutions are buying in large batches, not letting it go up.
I will share my thoughts, the continuation of the topic will follow...
