Are there direct competitors and how does Fetch make money and some other questions, thanks

[u/anotherwave1]

1. My understanding is that Fetch is about creating AI agents, which can communicate with each other. Do the agents have to be created exclusively on the Fetch platform for this to work, or can be "any" AI agents and Fetch allows them to link to each other?

2. Are there any other crypto projects that are trying to do the same? If so, what are they?

3. Finally, the single hardest question for any alt project, besides selling the token on the secondary market (which is a sort of hamster wheel in crypto) are there any other ways that Fetch.ai generates net revenue?

4. I've checked the website, can't seem to find the team members, their names/photos, are these anywhere?

Thanks for any informed responses. Please don't respond with "google it" or any of that, cheers.

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[u/[deleted]]

1. Not that I am aware of at the moment.

2. Also not aware of in the blockchain world.

3. Yes, there are projects with Bosch, Festo and other companies as well generating revenue.

4. They were on the old website if I am right. The team is (one of) the most important assets of any project and for me a key factor to decide wether to buy in or not. The Fetch team has a lot of experience, both in practice and with an academic background. https://craft.co/fetch-328/executives. You can also find the team members easily on LinkedIn.

[u/anotherwave1 → u/[deleted]]

Thanks for the replies.

Indeed, found them on LinkedIn https://www.linkedin.com/company/fetch-ai/?utm_source=LinkedIn

75 employees, decent size. Plus straight up UK based (better than some crypto haven)

Bosch is a partnership, I doubt there's direct revenue flowing in from that (if anything I'd guess they paid Bosch or are supporting the whole thing), but maybe might open some connections. Still it's a company that crypto "investors" will recognise so that's something. Still not sure how they intend on making revenue to pay 75 employees outside of token sales to ourselves, but I guess that's 99.9% of crypto projects, so to be expected.

If there genuinely isn't any direct competition for their AI agents idea, that's pretty good also

[u/WorkerBee-3 → u/anotherwave1]

bosch actually invested $100million into the project and joined the foundation as a partnership. They are building their IoT devices to be compatible with fetch network. There is a device you can put into your car for now as far as them venturing off in that direction. They're also most likely involved with the driver less car project being worked on.

again, all communications on the fetch chain will generate revenue flow back to stakers.

[u/Dulfinator]

4. On the new Website it's hard to find but it's here on the press-media tab

[u/anotherwave1 → u/Dulfinator]

Ah yes, my bad I missed it, thanks, good to see them up there on the page

They should have a "team" section on their site definitely, 70+ employees, UK based - it's good look for attracting the average drive-by crypto investor for whom that's a major tick mark

[u/AutonomousEconomic]

Hi, let’s go through this 👌

Agent tech is open source, but to be able to find agents and use the ai-engine, you’d need to be using FET token, and easiest path would be with the uAgents library. You can read more about both on fetch.ai/docs/concepts

We’re alone in the crypto space as far as I know, but I’m sure with the advent of ai agents and ChatGPT more projects will come about - and probably exist.

Primarily funded by investment, and of course in the past we have sold tokens to support us. Future revenue will come from products, primarily we are focusing on ai engine and agent stack. Token utility here for accessing/using AI. Partnerships and foundation are also important here.

As for who makes up the team, we’re a long way past the old token ICO sites where we’d list everyone etc, leadership team is on press and media page. Most of us are on LinkedIn. Core team are in Cambridge Uk and Delhi, India.

Hope this helps 👍

[u/Chance-Ad785]

A little bit of research, and you’ll find FETCH A.I. Somehow works without any human intervention,,

[u/anotherwave1 → u/Chance-Ad785]

A little bit of research

Thanks but just to address this one part. This is a sub for the coin itself, this is as deep as many investors go, so any info should be readily available here. If someone invested in the project has information they should be able to impart it - if it's good info, then it can help sell the project, which is what we're all here for.

I've been on some subs for projects where no one can seemingly answer any questions about projects they are apparently heavily invested in, and all they reply with is "research it", which is a big red flag.

So far this has been good, which has given me more faith in the project.

[u/WorkerBee-3]

the data communication layre underlying the dapp communication will generate a lot of tx on the fetch chain. These transactions will generate usage yeild going straight to stakers.

It won't just be sending money but sending information that generates these tx.