On Feb 1, 2019, Binance Research published a report on Fetch.AI (FET), which hosted a private sale similar to an ICO on Binance Launchpad in 2018. Based on the numbers in the report, a majority of the money raised may have already been spent.
Despite this, FET is still not being traded on any exchange — nor has Fetch released any products or services.
However, an updated roadmap does suggest that there may be major developments throughout 2019. If Fetch is unable to adhere to this roadmap, it may follow a similar path as NEM — which is currently being scrutinized for mismanaging funds in 2018.
Read our in-depth #BinanceResearch report on the latest @Binance Launchpad project @fetch_ai here