 | FAVRRIDO  Favrr is a Web3 marketplace that operates on a fan-to-earn model, allowing users to engage actively within fan communities. The platform enables users to buy and sell “FAVEs,” virtual stocks representing celebrities, trends, or other popular entities. For every transaction made on the platform, a portion of the commissions is donated to charity. Funding Rounds: $5M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is FAVRR
Favrr is the world's first Web3 platform that leverages collective fan power to directly better the world via our proprietary fan-to-earn engine. Favrr is a place where fans play investment games, just like Wall Street traders.
As a fan, you can invest in the people you love most! Invest in your favorite superstars, sports heroes, activists, artists, anyone at all.
First of all it's an investment game, so you'll need to be really smart about your investment strategy, portfolio selection and all sorts of other investment terms you've heard of before in order to become a savvy investor. If you invest correctly you can win big, gain super-fan status and earn the recognition of your heroes and other like-minded fans!
$FAVRR serves as the primary payment and utility token across the ecosystem — from trading and staking to rewards and governance. Token holders can stake to earn boosts and platform discounts, and vote on charitable fund allocation.
DetailsIDO (Coin Terminal Launchpad): TBA - TBAToken supply: 10,000,000,000 FAVRR Raised: 5,000,000 USD LegalBlockchain Platform: Base NetworkRegistration year: 2022 | Token infoTicker: FAVRRType: Utility-token Token standard: ERC20 Token price in USD: 1 FAVRR = 0.002 USD Token distribution: Reward Pool - 20% Eco System - 16% Team - 16% Marketing - 15% Foundation - 10% Partnership - 6% Advisors - 5% Liquidity - 5% Public IDO - 4% Airdrop - 3% |
FAVRR Roadmap
Groundwork: FAVE Exchange Implemented, FAVE AMM Pool Designed and Built.
Launched Testnet with Limit Orders, Fan Leaderboard, Virtual Investment; MetaMask Integration.
Implemented Dividend Utility and ERC-721 Marketplace.
Beta FAVEs Launched, IFO Mechanism Developed, Testnet Site Opened to MetaMask Holders.
Full FAVE Life Cycle Including Charity Allocation Implemented.
Smart Account Integration to Bridge Web2 Users into Web3.
Integrated Fiat Payment Systems, Aligned Platform with SEC Compliance.
Beta Site Launched.
Web2 Logins Implemented, FAV Points Introduced.
Pre-Token Launch Airdrop, Gamified IFO Match, Marketing Campaigns Initiated.
First Gamified IFO Match Airdrop round and Deployment of "Boardroom Market Challenge" (Prediction Game)
IDO, DEX and CEX Listings (TGE), Celeb FAVEs Rolled Out. FAV Points to $Favrr Conversion, Official Launch of "Boardroom Market Challenge" (Shareholder's Prediction Game), Launch the MVP of permissionless FAVE Launchpads, enabling fan communities to create and self-IFO their own FAVE shares (ERC-1155), using selectable smart contract templates tailored to different fandom needs, Investor Protection Mechanism during IFO ready, Staking and Perpetual Reward system for financial utility
Expanded CEX listings and execution of Second Phase Airdrop, Completion of First Airdrop cliff period, Launch of Boardroom Market Challenge V2 with enhanced mechanics, Deployment of the 2nd version of Permissionless FAVE Launchpad, including flexible parameters such as token supply, bonding curve selection, and IFO configuration options for fan-driven ERC1155 launches
Enhanced Boardroom Game, Implemented Exclusive Access Utilities in Celeb FAVEs with Charity Integration. V3 of FAVE Launchpad with charity wallet connection and DAO mechanism
Launch of FAVE Fan Work Marketplace, Including Business Launchpad NFTs.
Project team
Social media
