Functionland (FULA)

IDO

Last updated: Jan 18, 2025

Ongoing IDO

Token sale: Jan 17, 2025 – Jan 18, 2025

Functionland is the first blockchain-attached storage solution. FxBlox is built from the ground up. It was designed to put the power back into YOUR hands. Your data is your property, and yours alone. Your photos, files, and data are fully encrypted. Nobody else has a key. FxBlox gives you private cloud-alike storage. Sharing. Collaboration. No ads. No tracking. No subscription fees. It is designed to be a self-sustainable ecosystem for both users and developers.

Seed Round: $1.1M

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Overview

Project industry	Blockchain Infrastructure / IT & Software / Big Data & Data Storage / Arbitrum Ecosystem / Ethereum Ecosystem / Web 3.0 / EVM
Product type	Ecosystem
Founded	Canada
Whitepaper	Open
Onepager	Open

What is Functionland

Functionland's Fula platform is poised to disrupt the $500B+ cloud storage market by leveraging unused computer resources to create a decentralized, cost-effective alternative data storage with unparalleled user control and privacy. Our vision extends beyond Web3, aiming to become the first data logistics platform for both Web2 and Web3 ecosystems. Highlights:

Innovative Technology: Fula offers unique support for all data types, including real-time access and streaming, providing faster, cheaper storage with extensive application options.
Robust Traction: 900 nodes shipped globally, 108,000 testnet registrations, and 2,000+ dApp downloads showcase strong market validation.
Strategic Partnerships: Collaborations with industry leaders like Koii, Streamr, BEVM, U2U, and Amaze File Manager, unlocking access to 1.5M+ potential users.
Revenue Potential: Targeting $14M annually in 18 months and $100M in 5 years through hardware sales and recurring software protocol fees.
Expert Team & Advisors: Led by seasoned developers with 20+ years of experience, backed by advisors from Robinhood Trading and Protocol Labs. Forbes-recognized advisors include the "Branding Whisperer" and "The Future of AI" experts.
Dedicated Hardware: FxBlox, our plug-and-play smart server designed by world-renowned industrial designer Yves Behar, enables easy network participation.
Strong Investor Backing: Supported by Protocol Labs (Filecoin), Delta Blockchain Fund, Parity (Polkadot), Outlier Ventures, Techstars, and SingularityDAO.
Market Readiness: Upcoming token launch (September 2024) with confirmed listings on CEXs, followed by DEX presence on Ethereum/Uniswap.

Functionland’s robust platform and strategic positioning make it a compelling investment opportunity in the decentralized storage market with other players with significantly less traction being valued at hundred millions.

Details

IDO (Launchpool Launchpad): Jan 17, 2025 - Jan 18, 2025
Pre-sale token supply: 340,000,000 FULA
Token supply: 2,000,000,000 FULA
Total tokens for sale: 420,000,000 FULA
Raised: 1,100,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Canada
Registration year: 2022

Office address: 101 Erskine Avenue Unit 1110 Toronto ON M4P 0C5 Canada

Token info

Ticker: FULA
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 FULA = 0,02 USD
Accepted currencies: BUSD
Token distribution:
3% - Advisor
4% - Public Sale
8% - Strategic Partners
17% - Pre-sales
20% - Founder / Team
24% - Mining
25% - Ecosystem

Functionland Roadmap

Q1 2022

Kickstarter Launch
Photos app on Google Play
Devkit PCB design done
Seed round closed (done)
Onboard Raspberry Pi Hobbyists
Expand marketing efforts by having tg, twitter, discord and linkedIn CMs and press-release

Q2 2022