Fairmint, an enterprise expertise firm enabling group possession for rising startups, at present introduced the launch of its new, always-on fairness tokenization platform. Fairmint permits founders to launch its decentralized portal instantly on their web sites, permitting contributors to obtain tokenized fairness in change for the time or cash they make investments.
Utilizing its personal expertise by itself web site, the corporate has raised $7.2M to this point from greater than 300 supporters, together with early adopters, companions, clients, angel traders, and VCs reminiscent of Tim Draper, Enhance VC, A Capital, and Cloth Ventures.
“Historically, early-stage corporations relied on established enterprise capitalists for fundraising, however this mannequin excludes the group of early supporters and believers that make a big impact 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 expertise leverages blockchain together with sensible contracts to make fairness programmable. The answer is a layer of the web3 startup stack, empowering participation within the possession financial system.
Much like a pc programming language’s function in web2, blockchain and sensible contracts are used beneath the hood to energy Fairmint’s full-stack resolution, however the user-friendly interface makes this expertise straightforward to make use of for the tip shopper.
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 primarily based 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 a whole set of web3 authorized templates, together with the Rolling SAFE, the corporate intends to onboard a whole bunch of corporations over the following a number of quarters.