Fetch.ai to Launch $50 Million FET Token Buyback Program

Humayun Sheikh, CEO and founder of Fetch.ai, announced that the platform’s utility has significantly increased due to the growing use of ASI1 and the agent platform. He stated that the current FET token is undervalued and revealed that the Fetch Foundation will launch a $50 million FET token buyback program across multiple exchanges, with support from market makers for this buyback.