Fetch.ai, a blockchain platform powered by machine studying and synthetic intelligence, has onboarded over 40k new customers from Get My Slice (GMS). GMS is a consumer-powered knowledge market that protects and permits customers to monetize knowledge generated from their social media actions. 

General, Fetch.ai’s overarching goal is to onboard thousands and thousands of customers from web3 and web2 corporations transferring ahead. Following this collaboration, Fetch.ai has indicated that it’ll present technical help for GMS because it transit from web2 and deploy on a web3 framework abandoning the fiat incentivization system to a free market financial system. 

Fetch.ai additionally divulged that they plan to mint a GMS utility token adhering to the blockchain’s token requirements. The token can be underpinned by $FET, the native foreign money of Fetch.ai. $FET can be used for financing consumer transactions and settling on-chain charges. 

The partnership with GMS factors to Fetch.ai’s want to increase and carve out precious market share. Within the latest previous, they’ve joined forces with established web2 corporations akin to Festo and Bosch, permitting industries to discover the increasing Fetch.ai ecosystem and expertise the ability of distribution and interconnection enabled by a sequence of dApps deployed on the scalable blockchain. 

With GMS on board, Kamal Ved, the Chief Product Officer of Fetch.ai Community, mentioned the info sharing platform would profit from the blockchain’s tech stack main to raised automation and, thus, higher democratization.

“We’re always searching for use circumstances that leverage the core tenets of Net 3.0 and provides all of the individuals’ equitable management with fine-grained incentivization avenues. Use circumstances round knowledge sharing primarily based rewards such because the Get My Slice product providing can profit utilizing the Fetch.ai Community’s Net 3.0 tech stack of blockchain, agent-based automation, and AI to democratize knowledge sharing.”

Prior to now few months, Fetch.ai has aggressively developed its protocol, hanging precious partnerships and, most significantly, advertising its core options. Its scalability and interoperability are among the many distinctive options separating the community from others.

Fetch.ai can function a layer-1 blockchain, permitting initiatives like Bosch, Festo, and GMS, to leverage its low charges and excessive scalability. On the similar time, the blockchain can function a layer-2 blockchain, scaling the connecting platform. That is attainable as a result of Fetch.ai cloth is predicated on Cosmos. The platform’s capabilities had been additional enhanced following the Fetch.ai v2 launch in Q1 2022, permitting companions to deploy interoperable and AI-guided Autonomous Financial Brokers (AEA).