Fayre logo
WebsiteTokensoft Launchpad

Fayre (FAYRE)

ICO
IDO

Part NFT marketplace, part fan activation hub. Fayre makes tools that allow creators and brands to establish and manage NFT fan clubs, which gives NFTs unlimited purpose in real life, online and in virtual worlds.

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Overview

Project industryIT & Software
Product typeMarketplace
FoundedVirgin Islands (British)

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
  • Staking

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.

Details

Pre-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

Legal

Blockchain Platform: Ethereum
Registration country: Virgin Islands (British)
Registration year: 2022
Office address: Trinity Chambers, Road Town, Tortola, British Virgin Islands

Token info

Ticker: FAYRE
Type: Utility-token
Token price in USD: 1 FAYRE = 0.16 USD
Accepted currencies: ETH, USDC, USDT
Token distribution:
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 Roadmap

1
JAN 21

Concept developed

2
MAY 21

Fayre Labs formally launched

3
SEP 21

Outlier basecamp, Angel rounds $600k closed

4
OCT 21

Pre Seed $1m closed

5
NOV 21

FayreCard testing. Seed Round $1.7m closed

6
JAN 22

£3.8m raised. Early brand partnerships signed

7
FEB 22

Partnership announcements. Public sale - Act one

8
MAR 22

Public sale - Act two

9
APR 22

Market live. Early FayreCard Sale. Brand pages live

10
MAY 22

Full NFT Market with additional features. Staking program begins. Brand / Celebrity drops

11
JUN 22

Metaverse real estate preview

12
SEP 22

P2E, esports previews. White label testing

13
DEC 22

Metaverse partnership announcements

Project team

Luis Carranza
Luis Carranza
Founder
Luis Carranza linkedin
Fernando Torres
Fernando Torres
CTO
Fernando Torres linkedin
Ben Austin
Ben Austin
Business Development
Ben Austin linkedin
Rob McCardle
Rob McCardle
Product
Nassar Hayat
Nassar Hayat
Product
Silvia Mogas
Silvia Mogas
Marketing
Silvia Mogas linkedin
Carlos Gutierrez
Carlos Gutierrez
Metaverse Product
Carlos Gutierrez linkedin
Michail Ballis
Michail Ballis
Operations
Michail Ballis linkedin
Chris Turner
Chris Turner
Community
Marco Negroni
Marco Negroni
Technology
Luis Castillo
Luis Castillo
Technology
Gideon Okorie
Gideon Okorie
3d Desgin
Gideon Okorie linkedin

Advisors

Dr. Anish Mogammed
Dr. Anish Mogammed
Advisor | Cryptography Expert, Ripple, Ocean, BosonProtocol
Omaid Hiwaizi
Omaid Hiwaizi
Advisor | Co-Founder at Infinity Maritime, Marketing Strategist for Emerging Technology StartUps and Scale Ups
Joe Quattrone
Joe Quattrone
Advisor | SVP at The SashaGroup, a Vayner Media co
Dr. Jane Thomason
Dr. Jane Thomason
Advisor | Journal of Metaverse - Frontiers inBlockchain - GlobalHealth Journal

Social media

Fayre web-siteFayre RedditFayre MediumFayreYouTubeFayre TelegramFayre InstagramFayre LinkedInFayre TwitterFayre FacebookFayre Discord

MVP

MVP URL

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