 | Fogo (FOGO)   |
Fogo is a purpose-built layer 1 blockchain designed from the ground up for trading, high-throughput DeFi, and low-latency execution. It is proof that decentralization and performance can coexist.
Seed Round: $8M
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SolanaWhat is Fogo
Fogo is a Layer 1 blockchain built for DeFi applications. It is based on Solana's architecture and implements multi-local consensus to achieve minimal latency. The Fogo client is based on Firedancer and maintains full compatibility with the Solana Virtual Machine (SVM).
Applications that require high throughput and low latency, that are difficult to implement on other blockchains are possible on Fogo, such as:
- On-chain order books
- Real-time auctions
- Precise liquidation timing
- Reduced MEV extraction
Token Sale Dates
ICO
Token Allocation
Funding Details
Restrictions
Canada, the United Kingdom, the United States and its territories and possessions, or any jurisdiction that is subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control or Her Majesty's Treasury, including Cuba, Iran, North Korea, and the Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia regions of Ukraine.
Token distribution
Community Ownership - 11.25%
Institutional Investors - 8.77%
Core Contributors - 34%
Foundation - 30.38%
Advisors - 7%
Airdrop & Launch - 6.6%
Burned - 2%
Token Price and Payment Options
Project team
Social media
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GitHubIndustries
