FARE Protocol
Token ecosystem enabling transparent, verifiably random probability contracts for decentralized applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $6.2m | Seed | |
| Total Funding | 000k | ||
Fare Protocol operates in the blockchain and decentralized finance (DeFi) market, offering a unique token ecosystem. The core product is the FARE token, which can be minted or burned through probability contracts. These contracts are designed to be transparent and verifiably random, providing developers with the tools to build decentralized applications (dApps) that utilize FARE tokens. Users can engage with these contracts for a chance to mint new FARE tokens or burn existing ones, with the odds favoring the burning of tokens. The business model revolves around facilitating these transactions and potentially earning fees from the deployment and execution of probability contracts. Fare Protocol serves developers in the blockchain space and users interested in decentralized finance applications.
Keywords: blockchain, DeFi, FARE token, probability contracts, decentralized applications, minting, burning, verifiably random, transparent, developers.