Fractal Protocol

About Fractal Protocol

{"time":1704989231000,"blocks":[{"data":{"level":1,"text":"Highlights"},"type":"header"},{"data":{"items":["Fractal Project is an open-source protocol that intends to change how individuals get respected and treated within the data economy.","Fractal Wallet is a browser extension available across all Chromium-based browsers.","The most important financing round was the launch of the $FLC token, which led to many retail investors."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"Fractal Wallet is a browser extension for all Chromium-based browsers."},"type":"header"},{"type":"paragraph","data":{"text":"It has become the leading KYC DID Wallet since its launch in May. The Fractal Protocol powers the Fractal Wallet.\r\nFractal Protocol is an \"invisible\" technological infrastructure on top of which applications like the Fractal Wallet or other leading apps and extensions can emerge.\r\nThese applications utilize this infrastructure in order to give you the ability to monetize your own data. That means that with Fractal Protocol, data integrity (good data) and data privacy (you stay in control) can be achieved at the same time.\r\nThis helps everybody: content creators, media outlets, and users."}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"The free web is in danger. Users don't get respected; their data gets stolen, while a duopoly is taking in all profits of a multi-billion industry."},"type":"header"},{"type":"paragraph","data":{"text":"This leads to major market inefficiencies that make concepts like data privacy impossible.\r\nBesides creating a fair data economy for the user, Fractal also saves many smaller players in the AdTech market."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"The Fractal Protocol is infrastructure for radical data markets, a decentralized data commons on top of which novel applications can emerge."},"type":"header"},{"type":"paragraph","data":{"text":"This means removing every gatekeeper except for users themselves, who should be able to put their own data to work for them. Currently, there’s just no good way for users to monetize their data directly, and most data markets are controlled by large gatekeeping organizations that pick and choose who gets to buy and sell. Decentralization is important because opening up a market increases its economic utility.\r\nA decentralized data common, meaning something everybody can use, on top of which novel applications can emerge, allows people to become active participants in the data economy — and own their fair share."}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"We've raised a comfortable runway to fully build a leading decentralized protocol to empower open data ecosystems."},"type":"header"},{"type":"paragraph","data":{"text":"We'll keep investing in our top-notch tech team as well as targeted marketing and partnership activities.\r\nAside from Fractal Protocol, we run Fractal ID, a leading KYC/AML service for blockchain companies such as DeFi startups and launchpads. Since 2017, Fractal Protocol has already seen over 500k users enjoying their services ,with strong growth from 2020 to 2021."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"The main competitor is BAT (Basic Attention Token)"},"type":"header"},{"type":"paragraph","data":{"text":"Unlike the BAT (Basic Attention Token), we're developing an open-source protocol that makes it much easier to integrate (with our Field Guide and the SDK).\r\nThis will greatly help with adoption as we can work with a browser extension such as AdBlock Plus (eyeo, the company behind it, is actually one of our partners)."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"Fractal Project completed a $2.2 million pre-sale round."},"type":"header"},{"type":"paragraph","data":{"text":"$400,000 will be raised from the Community Sale.\r\nNotable investors include Venture Capital (Coparion, Future Energy Ventures) as well through public and private sales of the FCL token pre, during, and post-launch.\r\nIn addition, Fractal currently generates most of its revenue with its Fractal ID product, a KYC/AML solution for blockchain startups."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"items":["Julian Leitloff (CEO)","Julio Santos (CTO)","Anna (COO)"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"The native token $FCL is the means by which the fractal protocol utilizes economic behavior in order to incentivize and reward data sharing activity."},"type":"header"},{"type":"paragraph","data":{"text":"Data providers will get paid in $FCL, while data consumers, like adtech, martech, or data tech companies who need the data, will pay for it in $FCL, which leads to an increase in the demand for the token."}}],"version":"2.27.2"}