Fair.xyz

Fair.xyz

Leverages the industry experience to build the best consumer products in Web3. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$33m (Public information from Aug 2022)
Company register number 13932039
London England (HQ)

Financials

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Revenues, earnings & profits over time
USD2023
Revenues1.4m
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DateInvestorsAmountRound
*

$4.5m

Valuation: $33.0m

Seed
Total Funding$4.5m

Recent News about Fair.xyz

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More about Fair.xyzinfo icon
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Fair.xyz is a startup founded by engineers from Meta, Instagram, and Goldman Sachs, aiming to revolutionize the Web3 space by providing a seamless platform for launching NFT (Non-Fungible Token) collections. The company operates in the digital art and collectibles market, which is known for its complexity and lack of transparency. Fair.xyz addresses these issues by offering an end-to-end solution that simplifies the process of creating and selling NFTs.

The primary clients of Fair.xyz are artists, creators, and collectors. Artists and creators use the platform to launch their NFT collections without needing extensive technical knowledge or paying high fees to developers and galleries. Collectors benefit from a secure and transparent buying process, thanks to Fair.xyz's proprietary blockchain technology.

Fair.xyz's business model is based on providing a no-code platform that allows users to launch NFT collections easily. The platform's smart queueing technology ensures that real collectors get priority access, reducing the influence of bots and malicious actors. This creates a fairer and more enjoyable experience for both creators and collectors.

The company makes money by charging lower transaction fees compared to traditional methods, eliminating the need for creators to pay high upfront costs or give away a significant portion of their sales to galleries. This cost-effective approach attracts a wide range of users, from emerging artists to established creators looking for a more efficient way to reach a global audience.

In summary, Fair.xyz is a game-changer in the NFT market, offering a user-friendly, secure, and transparent platform for launching and collecting digital art.

Keywords: NFT, blockchain, digital art, no-code platform, creators, collectors, transparency, security, low fees, global audience.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.