Fair.xyz

Fair.xyz

Leverages the industry experience to build the best consumer products in Web3.

HQ location
London, United Kingdom
Website
Launch date
Employees
Enterprise value
$33m
Company register number
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DateInvestorsAmountRound
-investor

€0.0

round
*

$4.5m

Valuation: $33.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about Fair.xyz
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Fair.xyz is a startup founded by engineers from Meta, Instagram, and Goldman Sachs, aiming to revolutionize the Web3 space by providing a seamless platform for launching NFT (Non-Fungible Token) collections. The company operates in the digital art and collectibles market, which is known for its complexity and lack of transparency. Fair.xyz addresses these issues by offering an end-to-end solution that simplifies the process of creating and selling NFTs.

The primary clients of Fair.xyz are artists, creators, and collectors. Artists and creators use the platform to launch their NFT collections without needing extensive technical knowledge or paying high fees to developers and galleries. Collectors benefit from a secure and transparent buying process, thanks to Fair.xyz's proprietary blockchain technology.

Fair.xyz's business model is based on providing a no-code platform that allows users to launch NFT collections easily. The platform's smart queueing technology ensures that real collectors get priority access, reducing the influence of bots and malicious actors. This creates a fairer and more enjoyable experience for both creators and collectors.

The company makes money by charging lower transaction fees compared to traditional methods, eliminating the need for creators to pay high upfront costs or give away a significant portion of their sales to galleries. This cost-effective approach attracts a wide range of users, from emerging artists to established creators looking for a more efficient way to reach a global audience.

In summary, Fair.xyz is a game-changer in the NFT market, offering a user-friendly, secure, and transparent platform for launching and collecting digital art.

Keywords: NFT, blockchain, digital art, no-code platform, creators, collectors, transparency, security, low fees, global audience.

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