What is Fayre
Fayre is an NFT marketplace and ecosystem for brands and fans. It features a multi-chain NFT platform, a brand dashboard and companion app to take NFTs into retail, stadium and festival environments.
Fayre provides a comprehensive suite of tools for brands to participate and engage with their current and future audiences in real life and across the Metaverse.
- A multi-chain marketplace.
- A dashboard for brands.
- An NFT membership club.
- Zero transaction fees.
- A companion app.
- Metaverse commerce.
All these modules are wrapped in a friendly UX that hides the underlying complexity of smart contracts.
At the core of this ecosystem is the $FAYRE utility and governance token that loops together on all sides of the NFT market. $FAYRE is a utility and governance token that powers the Fayre Marketplace. It has rich functionality for every side of the market: buyers, sellers, and creators. More specifically, the token is used for:
- Sending rewards
- Payments on the marketplace
- Discounts on transaction fees
- Governance voting
Together, this combination of functionalities should simultaneously provide ample velocity (through the use as rewards and payments) and remove excessive supply from the circulation (via staking).
Fayre’s aim is to build a long term ecosystem. Short term an NFT Marketplace with 0% transaction fees. Medium term providing utility and governance via the $FAYRE token. And long term building of Web3 modular components and P2E functionality on the Metaverse.
DetailsPre-sales: Feb 22, 2022 - Mar 01, 2022
Public sales: Mar 02, 2022 - Mar 24, 2022
IDO (Tokensoft Launchpad): Feb 22, 2022 - Mar 24, 2022
Token supply: 1,000,000,000 FAYRE
Total tokens for sale: 150,000,000 FAYRE
Raised: 3,800,000 USD
LegalBlockchain Platform: Ethereum
Registration country: Virgin Islands (British)
Registration year: 2022
Office address: Trinity Chambers, Road Town, Tortola, British Virgin Islands
Token infoTicker: FAYRE
Token price in USD: 1 FAYRE = 0.16 USD
Accepted currencies: ETH, USDC, USDT
5.5% - Angel investors
6% - Outlier Ventures
3% - Pre Seed
6% - Advisors
2.5% - Seed
39% - Community Rewards
1% - Pre Sale
10.5% - Foundation
1.5% - Public Sale
2% - Strategic Partners
23% - Team
Fayre Labs formally launched
Outlier basecamp, Angel rounds $600k closed
Pre Seed $1m closed
FayreCard testing. Seed Round $1.7m closed
£3.8m raised. Early brand partnerships signed
Partnership announcements. Public sale - Act one
Public sale - Act two
Market live. Early FayreCard Sale. Brand pages live
Full NFT Market with additional features. Staking program begins. Brand / Celebrity drops
Metaverse real estate preview
P2E, esports previews. White label testing
Metaverse partnership announcements