Fairmint, an enterprise know-how firm enabling group possession for rising startups, as we speak introduced the launch of its new, always-on fairness tokenization platform. Fairmint permits founders to launch its decentralized portal immediately on their web sites, permitting contributors to obtain tokenized fairness in trade for the time or cash they make investments.
Utilizing its personal know-how by itself web site, the corporate has raised $7.2M up to now from greater than 300 supporters, together with early adopters, companions, clients, angel traders, and VCs equivalent to Tim Draper, Increase VC, A Capital, and Cloth Ventures.
“Historically, early-stage firms relied on established enterprise capitalists for fundraising, however this mannequin excludes the group of early supporters and believers that make a huge effect on an organization’s success. At Fairmint, we’re making a future the place everybody can participate within the monetary upside of their favourite startups’ progress.”
– Co-Founder & Co-CEO of Fairmint, Joris Delanoue
Fairmint’s know-how leverages blockchain together with good contracts to make fairness programmable. The answer is a layer of the web3 startup stack, empowering participation within the possession financial system.
Just like a pc programming language’s function in web2, blockchain and good contracts are used underneath the hood to energy Fairmint’s full-stack resolution, however the user-friendly interface makes this know-how straightforward to make use of for the tip client.
Plans on the platform begin at $199/mo, Fairmint brings a low-cost subscription mannequin to an trade that has historically relied on short-term agreements and expensive charges based mostly on percentages of funds raised.
By way of Fairmint’s closed beta program, $17.5M in money and time has been invested in rising startups. With an entire set of web3 authorized templates, together with the Rolling SAFE, the corporate intends to onboard a whole bunch of firms over the subsequent a number of quarters.