Key Points
- FET token surged by over 14% today.
- Fetch.ai announced a new update for the wallet.
Artificial Superintelligence Alliance (FET) surged by over 14% today, reaching a price of $1.3. FET’s total market cap is currently more than $3.2 billion.
The price surge of the FET token comes following the recent Fetch.ai wallet update.
Fetch.ai Updates Wallet
In a post on X on September 9, the team behind Fetch.ai revealed an important wallet update.
The Fetch.ai Wallet v1.0.2 introduces governance features, auto-lock, and new branding from the recent merger with SingularityNET and Ocean Protocol into the ASI Alliance.
What’s New?
Here are the latest features in the update:
1. New Branding and Governance Features
Following the recent token merger, the mobile wallet was rebranded to reflect the united vision of the members.
2. New Governance Proposal Feature
A new Governance Proposal was introduced:
- It allows users to participate in voting on governance proposals, including the ones proposed by ASI Alliance
- It tracks the history and current status of proposals
- It allows viewing the detailed historical activity related to governance measures
3. Enhanced Privacy With Auto-Lock
An auto-lock feature has been implemented to enhance security by automatically locking your wallet whenever it is minimized or closed.
This feature ensures that the wallet and its contents remain secure, even if the device is accessed by someone else.
4. Improved Stability and Performance
To address issues with random crashes on iOS devices and app hanging problems that have impacted UX, the wallet’s stability has been enhanced via the update.
5. Advanced Transaction Management
Custom nonce management support has been added via the update to assist users in managing multiple transactions at the same time.
This feature enables efficient queuing and execution of transactions, even during network delays, ensuring uninterrupted activity.
6. Dynamic Currency Support
Graph pricing has been added to reflect changes based on the selected currency and introduced additional currencies for global support.
The wallet now dynamically adjusts to display data in the currency of users’ choice, making it more intuitive and accessible for international users.
The update is part of the team’s ongoing effort to provide a seamless ASI Alliance experience.
What is Fetch.ai (FET)?
Fetch.ai is an AI lab building an open, permissionless, and decentralized machine learning network with a crypto economy.
Fetch.ai democratizes access to AI tech with a permissionless network upon which anyone can connect and access secure databases by using autonomous AI to execute tasks that leverage its global network of data.
