
fam.
Web3-native community hub to discover, organize, and enjoy activities with web3 family.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor | €0.0 | round | |
* | N/A | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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gmfam.xyz, operating under the name GMFAM, is a digital asset project that launched in 2023 on the Ethereum blockchain. The company's core mission is to foster a positive and inclusive online community, differentiating itself from purely speculative cryptocurrencies by emphasizing social interaction and camaraderie. This ethos is built around the daily ritual of greeting others with "gm" (good morning) and referring to the community as "fam" (family), aiming to inject a sense of belonging and positivity into the digital currency space.
The business operates in the cryptocurrency market, specifically within the niche of community-focused or "memecoins". Its target market consists of individuals deeply integrated into the crypto ecosystem who value community engagement alongside their digital asset activities. The project's primary asset is the $GMFAM token, which operates on the Ethereum network, ensuring security and transparency through smart contract technology. Revenue and value are generated through the trading of the $GMFAM token on decentralized exchanges like Uniswap, where it can be acquired by exchanging Ethereum (ETH). The total supply is stated to be 100 trillion tokens, designed to cater to a broad audience within the crypto community.
The founding group of GMFAM is notably diverse and includes prominent figures from the blockchain and crypto industry, such as Vitalik Buterin, Brian Armstrong, and Sam Bankman-Fried, among others. This collective brings a vast range of experience in blockchain development, protocol creation, and digital finance to the project. GMFAM aims to be more than a financial instrument; it positions itself as a decentralized social platform, particularly appealing to the gaming community and anyone seeking a supportive online environment. Keywords: GMFAM, gmfam.xyz, $GMFAM token, cryptocurrency, Ethereum blockchain, memecoin, digital asset, crypto community, decentralized social platform, Uniswap, Vitalik Buterin, Brian Armstrong, crypto natives, blockchain project, community token, social token, digital currency, ETH, smart contract, crypto trading