Fetch.ai Completes Network Upgrade, Integrating CUDOS Mainnet and Exploring New Cross-Chain Opportunities with Injective Partnership

Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform.

Decentralized AI platform Fetch.ai has completed a network upgrade as part of Proposal 33, integrating the Fetch.ai mainnet with the CUDOS network. The upgrade merges all CUDOS tokens and staked assets based on predefined token ratios and a three-month vesting schedule.

This integration is significant as it expands Fetch.ai's decentralized computing capabilities, enabling more efficient and scalable AI and blockchain applications. According to some analysts, the upgrade could also positively impact the price of Fetch.ai's native token (FET), with projections of substantial gains.

The Fetch.ai team thanked its validators for their rapid and professional efforts in ensuring a smooth network upgrade, restoring consensus formation, and maintaining stable network operations.

Highlighting the community's patience and support throughout the upgrade, Fetch.ai noted that this integration marks a step forward in advancing the Artificial Superintelligence (ASI) Alliance, a consortium of decentralized AI platforms that includes SingularityNET and Ocean Protocol.

In another development, Fetch.ai is also forging ahead in cross-chain interoperability with a recent partnership with Injective, a decentralized finance (DeFi) protocol. Through this collaboration, Fetch.ai will be able to replace its Inter-Blockchain Communication (IBC) protocol light client with Injective's technology, facilitating more efficient cross-chain asset transfers between the Fetch.ai and Injective networks.

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