Fuel Network logo

Fuel Network (FUEL)

Status
IDO
IEO

Fuel Network is the fastest modular execution layer written on Sway language delivering high security and flexible throughput. Today, Fuel is the trying to be the fastest modular execution layer. Fuel delivers high security and flexible throughput, focusing on a superior developer experience.

Investment Round $1.5 Million

Funding Round $80 Million

Fuel Network White Paper Whitepaper

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Interest lvl
High
Learn more about our rating
User Rating
Medium
3/5 1 votes
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Ticker
FUEL
Type
Utility-token
FoundedUnited States
Registration year2019

What is Fuel Network

Fuel Labs is a global decentralized group of passionate developers building the future of blockchain scalability technology. As the leader in blockchain scaling innovation, its engineers created the optimistic rollup design paradigm and have contributed to advancing the frontier of rollup, blockchain virtual machine, and safe smart contract programming language research. Fuel Labs deployed the first-ever optimistic rollup to mainnet Ethereum in 2020.

Fuel is now the World's Fastest Modular Execution Layer, delivering maximum security and the highest flexible throughput.

Token Sale Dates

IDO

Start date: Feb 15, 2024
End date: Feb 16, 2024

IDO

Start date: Dec 13, 2024
End date: Dec 18, 2024

IEO

Start date: Dec 17, 2024
End date: Dec 19, 2024

Token Allocation

Total Token Supply 10,000,000,000 FUEL

Funding Details

Funds Raised (as of now) 81,500,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Residents from countries or regions such as the US, UK, Mainland China, and UN-sanctioned countries are excluded from participating.

Token distribution


Community - 20%
Ecosystem and R&D - 15.4%
Ecosystem and R&D 24 - 15.4%
Contributors 48 - 9.8%
Contributors 24 - 6.2%
Purchasers - 33.1%

Token Price and Payment Options

Token price USD 1 FUEL = 0.02 USD
Accepted Currencies USDT

Project team

Lucy Gan
Lucy Gan
Cami Ramos
Cami Ramos
Cami Ramos x-team
Simon Roberts
Simon Roberts
Simon Roberts linkedin-team
Miguel Cró
Miguel Cró
Grant Gerber
Grant Gerber
Grant Gerber x-team
Green
Green
Tommi Gowan
Tommi Gowan
Mitch Martin
Mitch Martin
Mazdak Farrokhzad
Mazdak Farrokhzad
Rostyslav Tyshko
Rostyslav Tyshko
Austin O'Brien
Austin O'Brien
Rodrigo Araújo
Rodrigo Araújo
Rodrigo Araújo linkedin-team
Luiz Estacio
Luiz Estacio
Luiz Estacio x-team
Autumn Chuang
Autumn Chuang
Autumn Chuang linkedin-team
Kaya Gokalp
Kaya Gokalp
Brandon Vrooman
Brandon Vrooman
Cameron Manavian
Cameron Manavian
Cameron Carstens
Cameron Carstens
Elvis Dedic
Elvis Dedic
João Matos
João Matos
Matt Auer
Matt Auer
Ahmed Mujkic
Ahmed Mujkic
Scott Williams
Scott Williams
braqzen
braqzen
Victor Lopez
Victor Lopez
Elliot Yaghoobia
Elliot Yaghoobia
Sophie Dankel
Sophie Dankel
Toby Hutton
Toby Hutton
Victor Nepveu
Victor Nepveu
Victor Nepveu x-team
Samuel Aaron
Samuel Aaron
Samuel Aaron x-team
Vaivaswatha Nagaraj
Vaivaswatha Nagaraj
SwayStar123
SwayStar123
SwayStar123 x-team
Joshua Batty
Joshua Batty
ControlCplusControlV
ControlCplusControlV
ControlCplusControlV x-team
Nicholas Furfaro
Nicholas Furfaro
Nicholas Furfaro linkedin-team
Bing Hwang
Bing Hwang
Bing Hwang x-team
Alex Hansen
Alex Hansen
Ahmed Sagdati
Ahmed Sagdati
Luiz Gomes
Luiz Gomes
TJ Sharp
TJ Sharp
Rashad Alston
Rashad Alston
Rashad Alston x-team
Hannes Karppila
Hannes Karppila
Stephen Monn
Stephen Monn
Yuvraj Singh
Yuvraj Singh
John Adler
John Adler
John Adler x-team
Pedro Nauck
Pedro Nauck
Andrew Cann
Andrew Cann
Oleksii Filonenko
Oleksii Filonenko
Brandon Kite
Brandon Kite
Mitchell Nordine
Mitchell Nordine
Emily Herbert
Emily Herbert
Emily Herbert linkedin-team
Mohammad Fawaz
Mohammad Fawaz
Mohammad Fawaz linkedin-team
JC
JC
JC x-team
Emir Salkic
Emir Salkic
Nick Alexander
Nick Alexander
Ruben Amar
Ruben Amar
Ruben Amar linkedin-team
Halil Beglerović
Halil Beglerović

Advisors

Ekram Ahmed
Ekram Ahmed
Head of Marketing and Communications at Celestia.
Zaki Manian
Zaki Manian
Co-creator of IBC and early Cosmos contributor.
Vanessa Grellet
Vanessa Grellet
Managing Partner Aglaé Ventures.. Former: CoinFund, ConsenSys, NYSE.
Armani Ferrante
Armani Ferrante
Founder and CEO of Coral. Creator of Anchor Framework. Former: Alameda Research.
David Mihal
David Mihal
Founder of Cryptostats. Creator of Burner Wallet.
E.G Galano
E.G Galano
Co-Founder of Infura.

Social media

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