Fetch (FET) is the native token of the blockchain with the same name. Fetch is a combination of blockchain and artificial intelligence and aims to create a brand new economy that will be based on autonomous "agents". These autonomous artificial intelligence "agents" will be used to perform various tasks which can be simple as booking a hotel suite, or as complex as weather modelling or designing an effective supply chain. Fetch uses a combination of proof-of-stake(PoS) and proof-of-work (PoW) to deliver consensus which they have termed as Useful Proof of Work (UPoW). New blocks are minted through a normal proof-of-stake protocol with the transaction order being determined by the work carried out in between two blocks.