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FARE Protocol - Seed
Vue d'ensemble
Date
May 1, 2023
Montant du financement
$6.2M
Évaluation
--
Catégorie
Sous-catégorie
À propos de la FARE Protocol - Seed
Investisseur
Investisseurs | Taper | Emplacement | Année de fondation | #Sociétés du portefeuille | Adresse e-mail | Social |
---|---|---|---|---|---|---|
Fund | United States of America | -- | 7 | -- | ||
Fund | United States of America | -- | 3 | -- | ||
Fund | United States of America | 2019 | 71 | -- | ||
Corporate | United States of America | 2016 | 52 | -- | ||
Fund | United States of America | 2017 | 94 | contact@arringtonxrpcapital.com | ||
Fund | United States of America | 2009 | 16 | -- | ||
Fund | United States of America | 2017 | 81 | business@sparkcapm.com | ||
Fund | United Arab Emirates | 2020 | 125 | -- | ||
Corporate | United States of America | 2017 | 22 | info@quantstamp.com | ||
Fund | -- | 2018 | 50 | -- |
Profil de l'entreprise / Introduction du projet
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 the contracts is randomized minting and burning (or 'winning' and 'losing') of the FARE token. The system is designed so the probability of losing or burning a token is higher than minting or winning, similar to how a real-world casino operates. Instead of a centralized "house" getting the profits, the collected FARE tokens are distributed to the ecosystem.