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FET Token Rises by Over 14% Following Fetch.ai Wallet Update

Sep 10, 2024
  1. Fetch.ai Wallet Updates
  2. Key New Features
  3. What is Fetch.ai (FET)?

The FET token of the Artificial Superintelligence Alliance surged by over 14% today, reaching a price of $1.3. FET’s total market cap exceeds $3.2 billion. The price surge of the token follows the recent Fetch.ai wallet update.

Fetch.ai Wallet Updates

In a post on X on September 9, the Fetch.ai team announced an important wallet update. The Fetch.ai Wallet v1.0.2 includes governance features, auto-lock, and new branding from the recent merger with SingularityNET and Ocean Protocol into the ASI Alliance.

Key New Features

The latest updates include: 1. **New Branding and Governance Features** The wallet has been updated to reflect the united vision of the members. 2. **New Governance Proposal Feature** - Allows users to participate in voting on governance proposals, including those proposed by the ASI Alliance. - Tracks the history and current status of proposals. - Allows viewing detailed historical activity related to governance measures. 3. **Enhanced Privacy with Auto-Lock** The auto-lock function automatically locks the wallet whenever it is minimized or closed, ensuring the security of its contents. 4. **Improved Stability and Performance** The update enhanced the wallet’s stability by addressing issues with random crashes on iOS devices and app hanging problems. 5. **Advanced Transaction Management** Custom nonce management support helps users manage multiple transactions simultaneously. 6. **Dynamic Currency Support** Added the ability to display data in the user’s selected currency, making the interface more intuitive and accessible for international users.

What is Fetch.ai (FET)?

Fetch.ai is an AI lab building an open, permissionless, and decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology by providing a permissionless network where anyone can connect and access secure databases using autonomous AI to execute tasks that leverage its global data network.

Fetch.ai’s developments and wallet updates are part of the ongoing efforts by the team to enhance user experience and security. The platform aims to make AI technology accessible to all through its decentralized network.

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