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Fuse (FUSE)

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Status
ICO

Fuse nextgen zkEVM is about to launch with an upcoming node sale that will bootstrap the liquidity, governance and partnerships for the next payments infrastructure for businesses.

Corporate Round: $5M

Fuse Node Sale

Fuse White Paper Whitepaper

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Ticker
FUSE
Type
Utility-token
FoundedIsrael
Registration countryIsrael
Registration year2019

What is Fuse

Fuse is an Ethereum-compatible platform designed to improve access to Web3 technology for businesses and developers by simplifying payments and blockchain transactions. Fuse is suited to all types of enterprise users, from Web2 companies that want to integrate blockchain functionality into their apps, through to Web3-native projects.

Like other public blockchains, Fuse is open, decentralized, and permissionless. Anyone can make transactions, anyone can run a validating node to help secure the network, and anyone can build applications with Fuse’s technology, without restriction.

As an EVM-compatible platform, applications deployed on other Ethereum-based chains work seamlessly on Fuse. Additionally, the Fuse network and ecosystem offer a number of features to ensure a user-friendly developer experience, including account abstraction, an extensive SDK, and powerful APIs. Fast confirmation times (<5s) and very low transaction costs (around $0.0001 per tx) make Fuse suitable for applications of all kinds: gaming, social, payments, DeFi, and more.

FUSE is the native token of the network. New FUSE tokens are issued with every block added to the network, and can be used to pay gas fees, similar to Ether (ETH) on Ethereum.

The Fuse network will ultimately transition to Fuse Ember, a layer-2 platform based on Polygon CDK. This will offer even higher throughput, lower costs, greater privacy, and enhanced liquidity through frictionless interoperability with other Polygon chains.

Fuse Roadmap

1
Q1 2023
  • Release the new Fuse Wallet SDK, providing tools to build mobile cross-platform Web3 apps and wallets – Live.
  • Launch API Service: The Fuse API Service is a vital part of the services provided to Operators and powers the Fuse SDK. Its components will serve as the foundation for Power Validators’ services. – Live
  • The WooCommerce Payment plugin is available for WordPress stores. – Live
  • Fuse Improvement Proposal (FIP) for Power Validators.
2
Q2 2023
  • Fuse Improvement Proposal (FIP) for Tokenomics upgrade. We will share details in the FIP.
  • API Service improvements:
    • New Operators module – Operators will cover user and merchant fees.
    • Smart contract wallet upgrades.
    • EIP-4337 – Account Abstraction compatibility.
  • Web SDK version for the JS ecosystem.
  • SDK extensions for social logins and on and off ramps.
  • Fuse Improvement Proposal (FIP) for consensus upgrade.
  • Fuse open-source mobile wallet upgrade to new SDK.
3
Q3 2023
  • API service new feature: Contract-powered recurring payments service.
  • Privacy Layer first pilot.
  • Power Validators (PVs) – Milestone 1. PVs can run relayers.
4
Q4 2023
  • Consensus Upgrade is live if the proposal passes in Q2.
  • Power Validators – Milestone 2. Adding more services.
  • Integration of liquid staking with Power Validators.
  • FIP for privacy layer tokenomics upgrade proposal.
5
2024
  • Migration to L2 with Polygon CDK
  • New FuseBox & Developer Console
  • Introducing a Consumer Pricing Model/Subscription
  • Moving to a Deflationary Model – Tokenomics Changes
  • Operators, Businesses, & Developers on Fuse
  • Web3 Payments & DeFi Ecosystem
  • New Real-World Asset Types

Token Sale Dates

ICO

Start date: Dec 14, 2024
End date: Feb 01, 2025

Funding Details

Funds Raised (as of now) 5,000,000 USD

Token distribution


Bootstrap pool - 43.33%
Future dev pool - 21.67%
Early investors & Advisors & Team - 13.33%
Reserve - 10.00%
ETOP - 8.34%
Private Round - 3.33%

Project team

Mark Smargon
Mark Smargon
CEO
Mark Smargon linkedin-team
Emmanuel E.
Emmanuel E.
CMO
Emmanuel E. linkedin-team
Ira R.
Ira R.
COO
Ira R. linkedin-team
Oren Rosenfeld
Oren Rosenfeld
CFO
Oren Rosenfeld linkedin-team
Hesham S.
Hesham S.
Protocol Engineer
Hesham S. linkedin-team
Omri Haik
Omri Haik
Head of Ecosystem
Omri Haik linkedin-team
Galina Mikova
Galina Mikova
Global Content Manager
Galina Mikova linkedin-team
Maayan Ben Dayan
Maayan Ben Dayan
Head of HR
Maayan Ben Dayan linkedin-team
Mulenga Bowa
Mulenga Bowa
Software Engineer
Mulenga Bowa linkedin-team
Sasha Goldberg
Sasha Goldberg
Treasury and Liquidity manager
Sasha Goldberg linkedin-team
Kuba P.
Kuba P.
Head of Product (Voltage.finance)
Kuba P. linkedin-team
Mayank Mittal
Mayank Mittal
Software Engineer
Mayank Mittal linkedin-team
Elvis Živković
Elvis Živković
Community Manager
Elvis Živković linkedin-team
Magali Schapira
Magali Schapira
Business Development
Magali Schapira linkedin-team
Mikhail Dubodel
Mikhail Dubodel
Community Lead | Social Media Manager
Mikhail Dubodel linkedin-team
Idem Benjamin
Idem Benjamin
Creative Designer
Idem Benjamin linkedin-team
Samet Şahin
Samet Şahin
Software Developer
Samet Şahin linkedin-team
Musab Shakil
Musab Shakil
Front End Web Developer
Musab Shakil linkedin-team
Nikolay R.
Nikolay R.
Full Stack Developer
Nikolay R. linkedin-team
Mikhail Nekrasov
Mikhail Nekrasov
Head of Product
Mikhail Nekrasov linkedin-team
Lior Ageniho
Lior Ageniho
Full-stack Developer
Lior Ageniho linkedin-team
Diego Alejandro P.
Diego Alejandro P.
Full Stack Web3 Engineer
Diego Alejandro P. linkedin-team

Advisors

Tomas Hay Chaia
Tomas Hay Chaia
Tomas Hay Chaia linkedin-team

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