The largest crypto derivatives and Copy Trade platform,bitget, announced that it has reached a strategic partnership with Fetch.ai, a leading artificial intelligence (AI) blockchain platform, and pledged $10 million to support the Fetch.ai ecosystem. The announcement came as the exchange launched a massive fund that aims to support promising startups that will be listed later on their native Launchpad.
The recent excitement about artificial intelligence initiated by ChatGPT makes us see that this technology opens up more possibilities in improving human productivity and creativity. In the crypto space, the number of high-quality projects combining artificial intelligence and crypto is also growing. Seeing the potential of artificial intelligence and the pioneering role of Fetch.ai in the industry, Bitget enters into a partnership with the Fetch.ai ecosystem in hopes of assisting the emerging project with a full range of services. Bitget will provide consultancy on marketing and other important aspects to ensure that the Fetch.ai ecosystem can be correctly positioned in the market to attract the attention of the community and potential business partners. General support will also be available on the Bitget Launchpad platform when Fetch.ai ecosystem tokens are listed or when token sales begin.
Bitget Manager Gracy Chen About the partnership announcement: “We know the value when we see it. Fetch.ai consists of a set of functional and viable technological AI solutions that can have a real impact on the way businesses and individuals interact. This is the main reason why we decided to pledge our support to this promising initiative, and we will continue to do so as we identify others in need of assistance from our private fund. Blockchain’s progress cannot be stopped, but it can accelerate if we lend a helping hand to it, and that’s what we at Bitget aim to do.”
We are proud to partner with one of the world’s top crypto derivatives exchanges in our mission to build the building blocks of a new economy, and we are grateful for their generous support in this effort. Like us at Fetch.ai, Bitget recognizes the enormous potential of blockchain technology, and with the quantum leap AI has taken over the last few years, the opportunities to apply blockchain to AI are endless. We look forward to working with them in the coming years,said Humayun Sheikh, Founder and CEO of Fetch.ai
Fetch.ai; It provides the infrastructure to build smart autonomous services. At its core is the AI agent network, a decentralized network of autonomous agents that can perform a wide variety of tasks, from data analysis and forecasting to complex financial modeling. FFetch.ai also offers a smart wallet with automation and integration with OpenAI’s GPT API, a decentralized machine learning platform, and AI tool-based trading tools.
Such coherent heterogeneity allows the Fetch.ai network to serve as an off-chain layer for other layer-1 networks and to act as an inter-chain bridge between blockchain networks in the market.
The main value of the Fetch.ai ecosystem lies in its ability to support modular P2P interactions between multiple services and economic settlements. Using decentralized machine learning algorithms, the Fetch.ai ecosystem can provide its users with a variety of innovative software solutions supported by an integrated client library, an indexer for fast querying, and a CLI tool for contract deployment and testing.
Collaboration with the Fetch.ai ecosystem is an important step for Bitget to expand its services. Known as the top five crypto derivatives trading platform, Bitget is actively building the spot market with a wider range of tradable assets and the relaunch of Bitget Launchpad. According to Coinecko, Bitget is currently the 8th largest spot trading platform with a daily trading volume of $990 million.
About Bitget
Founded in 2018, Bitget is among the world’s top five leading cryptocurrency exchanges, with innovative products and social transaction services as its core features. Serving more than 8 million users in over 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop-shop solution. It also inspires individuals to embrace crypto through collaborations with trusted partners, including legendary Argentine football player Lionel Messi, leading Italian football team Juventus, and official eSports events organizer PGL. According to Coinecko, Bitget is currently among the top 5 futures trading platforms and top 10 spot trading platforms.
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About Fetch.ai
Fetch.ai; It provides the infrastructure to build smart autonomous services. Founders can develop, deploy and monetize apps and platforms using artificial intelligence agents from Fetch.ai, a network of autonomous independent parties that interact with each other directly over the blockchain network. Any agreement with intermediaries; then saved on the Fetch.ai blockchain using FET.
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