Fetch.ai will launch a $50 million FET token buyback program

Fetch.ai CEO and founder Humayun Sheikh announced that the platform's utility has significantly improved due to the increased use of ASI1 and the agent platform.

He stated that the current FET token is undervalued and announced that the Fetch Foundation will launch a $50 million FET token buyback program across multiple exchanges, which will be supported by market makers.