Recently popular artificial intelligence coin project Fetch.AI (FET) has released its new and updated roadmap for 2023. This, in turn, has sparked hopes in the crypto community for further increases in the token price. So is FET ready for a bull run?
New roadmap from the artificial intelligence coin project
cryptocoin.com As we reported, the team behind Fetch.AI recently released a roadmap outlining key milestones it aims to complete by the end of the year. These goals cover several areas, including improvements in ledgers, AI, notifications, brokers, and wallets. According to the official announcement, the team’s initial focus is to launch a set of micro-brokers, a branch of artificial intelligence on which Fetch.AI is built, and integrate them into the wallet.
The roadmap also includes a number of upgrades planned for crypto wallets. These improvements include support for group messages, voting on governance proposals, support for NFT collections, AI support, and core introduction of in-wallet support for staking. Additionally, there is a planned version of the Mobile version of the wallet with Web 2 SSO support.
Fetch.AI brings raises the bar for AI
There are also plans to re-introduce a platform for notifications and alerts, which will later follow with the launch of a mobile app. The AI coin also plans to open a marketplace for micro agents. However, at the initial stage it will be announced as an MVP (Minimum Viable Product). This has led many in the crypto community to speculate about an additional price hike for AI coins, even though they have already increased 100x recently. However, in his roadmap, Fetch categorically emphasized the fact that planned goals are subject to change and/or rotation, as deep technology planning includes ‘equal parts of science and art’.
According to a recently published survey, the artificial intelligence (AI) market is expected to grow at a Compound Annual Growth Rate (CAGR) of approximately 22.26% between 2022 and 2027. Additionally, various market reports indicate that the overall size of the artificial intelligence market will increase by roughly $125.3 billion. Blockchain technology is expected to play a pivotal role in the adoption and use of artificial intelligence for its decentralized applications (DApp). Because these Blockchain-based projects seamlessly integrate the technology into their smart contracts. Fetch.AI (FET), which is among the few artificial intelligence coin projects, has made a splash in the crypto market with the exponential price increase recorded in the last few months as a result of the continued hype. At press time, FET price is down 1.59% in the last 24 hours to trade at $0.291.
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