Fetch AI Finalises Key Network Upgrade
Fetch.ai has completed its network upgrade under Proposal 33, marking a significant step forward for the decentralised AI platform.
This upgrade seamlessly connects the Fetch.ai mainnet with the CUDOS network, consolidating CUDOS tokens and staked assets according to predetermined ratios and a three-month vesting period.
Analysts are bullish on Fetch.ai's (FET) price outlook, with some predicting notable growth.
Integrating the CUDOS mainnet enhances Fetch.ai's ecosystem by adding new interoperability and expanding decentralised computing power, enabling more scalable AI and blockchain applications.
The Fetch.ai team commended the validators for their swift and professional execution, ensuring network stability and consensus through the transition.
The community's support during this period was also recognised, as this integration positions Fetch.ai to make further strides.
This merger also strengthens Fetch.ai's role within the Artificial Superintelligence (ASI) Alliance, a consortium of decentralised AI initiatives that includes SingularityNET and Ocean Protocol.
Fetch AI's Partnership
Fetch.ai is advancing cross-chain interoperability through a new partnership with Injective, a decentralised finance (DeFi) protocol.
This collaboration enables Fetch.ai to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective's technology, streamlining cross-chain asset transfers between the Fetch.ai and Injective networks.