FARE Protocol

FARE Protocol

An ecosystem for probability contracts

Tentang FARE Protocol

Didirikan

2022

Alamat

United States

Komunitas

The FARE ecosystem is built on probability smart contracts, which are triggered by transparent on-chain events based on probability variables. The first use case for these contracts is the randomized minting and burning (or "winning" and "losing") of the FARE token. The system is designed so that the probability of losing or burning a token is higher than that of minting or winning, similar to how a real-world casino operates. Unlike the centralized "bookmakers" of casinos, value is passed to FARE holders through token inflation.

Anggota Tim

Justin Kan
Justin KanCo-Founder

Investor

C² VenturesC² Ventures
Goat CapitalGoat Capital
6th Man Ventures6th Man Ventures
Arrington CapitalArrington Capital
Morningstar VenturesMorningstar Ventures
Republic CryptoRepublic Crypto
Spark Digital CapitalSpark Digital Capital
QuantstampQuantstamp
DWeb3 CapitalDWeb3 Capital
Eniac VenturesEniac Ventures
Santiago Roel SantosSantiago Roel Santos
Yan LibermanYan Liberman
Tom DwanTom Dwan

Detail penggalangan dana

Putaran PendanaanJumlahPenilaian
Date
Investor
Seed
Rp100.91B
--
2023-04-30
C² VenturesC² Ventures*
Goat CapitalGoat Capital*
+ 11