LCX Exchange Lists the Fetch.ai Utility Token $FET - LCX
- DDDOriginal
- 2024-11-05 22:16:17665browse
We are happy to announce the listing of $FET. Starting on Tuesday, 5th November, 2024, at 10 AM CET. LCX Exchange will support the $FET. Deposits will start on – Tuesday, 5th November, 2024, at 10 AM CET. The trading pair $FET / EUR will be listed.
LCX Exchange is listing Fetch.ai’s utility token ($FET) on Tuesday, 5th November, 2024, at 10 AM CET.
Deposits will start on – Tuesday, 5th November, 2024, at 10 AM CET. The trading pair $FET / EUR will be listed.
What is $FET?
Fetch.ai’s utility token FET was designed to find, create, deploy and train digital twins and is an essential part of smart contracts and oracles on the platform.
Through the usage of FET, users can build and deploy their own digital twins on the network. Developers, by paying with FET tokens, can access machine-learning-based utilities to train autonomous digital twin and deploy collective intelligence on the network.
Validation nodes are also enabled by staking FET tokens, which facilitates network validation and reputation as a result.
The Fetch.ai technology stack has four distinct elements, which are:
The Digital Twin Framework — provides modular components that help teams build marketplaces, skills, and intelligence for digital twins to connect with.
The Open Economic Framework — provides search and discovery functions to digital twins.
The Digital Twin Metropolis — a collection of smart contracts that run on a WebAssembly (WASM) virtual machine to maintain an immutable record of agreements between digital twins.
The Fetch.ai Blockchain — combines multi-party cryptography and game theory in order to provide secure, censorship-resistant consensus as well as rapid chain-syncing to support digital twin applications.
Users can sign up for an LCX Account here.
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