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FARE Protocol - Seed
Panoramica
Data del finanziamento
May 1, 2023
Importo del finanziamento
$6.2M
Valutazione
--
Categoria
Sottocategoria
Informazioni su FARE Protocol - Seed
Investitori
Investitori | Tipo | Posizione | Anno di fondazione | #Aziende in portafoglio | Indirizzo email | Social |
---|---|---|---|---|---|---|
Fund | United States of America | -- | 7 | -- | ||
Fund | United States of America | -- | 3 | -- | ||
Fund | United States of America | 2019 | 73 | -- | ||
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 | -- |
Profilo aziendale / Introduzione al progetto
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.