Fetch.AI has reached a significant milestone with the recent completion of its network upgrade, designated as Proposal 33. This development signals a transformative phase for the decentralized AI-oriented platform, as it seamlessly integrates its mainnet with the CUDOS network. The upgrade not only enhances functionality but also redefines asset management by synchronizing all CUDOS tokens and staked assets in accordance with carefully established token ratios and a three-month vesting schedule.
Key Highlights of the Network Upgrade
- Integration with CUDOS Network: This upgrade aligns Fetch.AI’s capabilities with the robust infrastructure of CUDOS, enhancing data processing and transaction speed.
- Token Management: All CUDOS tokens and staked assets are pooled following specific ratios, paving the way for strategic asset distribution.
- Vesting Schedule: The implemented three-month vesting period is designed to ensure a structured release of tokens, fostering stability within the ecosystem.
What’s Next for FET Price?
With these advancements, the focus shifts to the potential price trajectory of FET. Analysts and enthusiasts are speculating whether FET can soar to the $13 mark. Although currently positioned at a lower price point, several factors, including increased utility from the network upgrade and growing interest in AI-driven blockchain solutions, could catalyze a significant price appreciation.
In summary, Fetch.AI’s network upgrade not only marks a critical evolution for the platform but also sets the stage for potential favorable movements in the price of FET. As the blockchain landscape continues to evolve, Fetch.AI is poised to play a crucial role, particularly in sectors focused on artificial intelligence and decentralized solutions.
