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Fractal ID
FCL

$0.0036
Market Cap
0.00% $60,232
Fully diluted market cap
$1,687,727
Circulating supply
16,595,270 FCL
Total supply
16,595,270 FCL
Max. supply
16,595,270 FCL
Volume 24h
-100.00% -
Volume/Market cap (24h)
0.00%

Official Links

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Fractal ID
FCL

$0.0036
1D
7D
1M
3M
1Y
ALL
Market Cap
0.00% $60,232
Fully diluted market cap
$1,687,727
Circulating supply
16,595,270 FCL
Total supply
16,595,270 FCL
Max. supply
16,595,270 FCL
Volume 24h
-100.00% -
Volume/Market cap (24h)
0.00%

FCL Price Calculator

FCL
USD
1 FCL equals $0.0036 United States Dollar
Last updated 2024/09/19 04:00:12 (UTC)

Official Links

Ratings

Average ratings from the community
4.6
100 Ratings
Average ratings from the community
This content is for informational purposes only

FCL Market

FCL Market Stats

24h Low & High
Lowest Price
$0.0036
Highest Price
$0.0036
All Time High
$2.48
Price Change(1h)
0.00%
Price Change(24h)
0.00%
Price Change(7d)
-0.75%

FCL Price Live Data

The live price of Fractal ID is $0.0036 per (FCL/USD) today with 24-hour trading volume is - USD. FCL to USD price is updated in real-time. Fractal ID is 0.00% in the last 24 hours.

FCL Price Performance

24DAYS
$0.0(18)86
+0.00%
30DAYS
$-0.0030
-45.42%
90DAYS
$-0.0054
-60.17%
1YEAR
$-0.019
-84.00%

About Fractal ID (FCL)



Fractal ID is the interoperable Decentralized Identity System for web3. From complying with data and regulatory standards, including GDPR regulations, to facilitating seamless user verification via KYC, AML and human liveness checks. Fractal ID offers a vertically integrated identity stack that works for everyone, everywhere. To further transform decentralized identity adoption into reality, Fractal ID is currently building the idOS - the identity layer of web3.

Who Are the Founders of Fractal?

Fractal ID was co-founded by Julian Leitloff (CEO) and Júlio Santos (CPO) in 2017, the same year they acquired their first client - Ocean Protocol. Sovrin and XAIN joined the list of clients in 2018, and KILT Protocol entered the list in 2019.

Julian Leitloff is the co-founder and managing director of Fractal. He received his master's degree in Corporate Management & Economics from Zeppelin University in 2014. Leitloff successfully founded his own company Spontaneous Order GmbH and made his first million at age 22. Due to his achievements, he was named as one of Forbes 30 under 30 in 2016. Leitloff first got into blockchain in 2015, when he met Bruce Pon (future head of Ocean Protocol) at Tech Open Air.

Júlio Santos is a technical manager, software engineer, entrepreneur and most importantly - the co-founder of Fractal, where he leads the Product and Engineering team. At the company, he’s building an identity layer on the Internet using the Fractal Protocol. Santos has been involved in the world of blockchain since 2015. Over the years of his career, he has founded projects like Life on Mars (an elite software consulting firm), Gruvi (the company that creates advanced productivity marketing tools for Twitter, Disney, Sony, HBO), and Attmatr / Madmarkedet (a farm-to-table marketplace).

What Makes Fractal Unique?

Fractal is an open supply protocol that facilitates the exchange of information by ensuring an infrastructure with an emphasis on confidentiality that allows users to both securely share their data and monetize it.

Fractal Protocol seeks to define a new standard for the fair and open exchange of user information. By advancing a new, high quality version of the free Internet, the Fractal developers solve such market problems as:



* A market controlled by duopoly
* Ad-Tech costs unattributed
* Web traffic from bots

The project presents the concept of a fair industry to the community by introducing an incentive system built on a transparent and authoritative infrastructure. The developers aim to ensure the highest chance of success and the best possible results for users, publishers and advertisers.

Moreover, Fractal strives to improve the quality of user information through cutting edge technologies and focused strategies to improve advertising campaign results and guarantee a certain level of privacy of user data.

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Learn about web 3.0 with CoinMarketCap Alexandria.

How Many Fractal (FCL) Coins Are There in Circulation?

FCL is a utility token of Fractal that coordinates and connects all involved parties around the Fractal Open Advertising Economy. FCL does not generate any profit, nor does it grant voting or ownership rights, however, the token powers the incentive mechanism that is built into the protocol itself.

The FCL functionality ensures a consistent demand for tokens, which helps facilitate the growth of the entire ecosystem. Stakeholders of the ecosystem include: users, advertisers, verifiers, insurers, and certifiers. Fractal Protocol stimulates stakeholders involvement in the ecosystem via the following interests:



* Users seek to avoid low-quality content and intrusive ads by appreciating free services and attractive content with a focus on data privacy.
* Advertisers strive to conclude a profitable and secure deal, with minimal losses and maximum efficiency of the advertising budget.
* Verifiers (publishers and ad networks) are looking for heightened user engagement, traffic growth, and ad revenue.
* Insurers need an active advertising market to optimize staking rewards.
* Certifiers (intermediaries) aim to maximize added value for customers, as well as partner with new customers to shape sustainable business models.

According to Whitepaper of the project:

Users pay Attesters;

Advertisers pay Bid Prices;

Advertisers stake in Ad Escrow;

Verifiers stake in Arbitrage Escrow;

Insurers stake in Arbitrage Escrow;

Attesters get paid for issuing Credentials.

The maximum supply of FCL that will ever be released to the market is 465,000,000 coins. $FCL distribution:

5.3% to Pre-Sale;

0.5% to Community Sale;

14.3% to Strategic Reserve and Liquidity Treasury;

5.8% to Founders;

46.2% to Block Rewards;

11.6% to Company;

16.3% to Community Funds.

As of January 2022, the circulation supply is 16,595,270.91 $FCL.

How Is the Fractal Network Secured?

Fractal (FCL) opted for the Polkadot blockchain, which provides both the infrastructure for connectivity and the appropriate tools to deploy the protocol.

Polkadot has a serious approach to security, that's why the developers created Substrate - an SDK for Polkadot-compatible blockchain building. Shared security is Polkadot's value proposition, and economic security is established through Relay Chain validators. More specifically, validators are staked on the Relay Chain and confirm transactions from different parachains, resulting in the safe and independent interaction of chains according to the same rules.

Polkadot offers an environment where networks can control their own transaction fees and scaling is not only possible, but affordable. In addition, Polkadot focuses on development expertise by investing in an ecosystem of security tools like Substrate and Cumulus.

Where Can You Buy Fractal (FCL)?

As of January 2022, Fractal (FCL) is listed on the following crypto exchanges: KuCoin, Uniswap (V2), Bitfinex, MEXC, and BKEX.

Want to keep track of FCL prices live? Download the CoinMarketCap mobile app.

Want to learn more crypto terms? Our glossary will come in handy.

Check the top crypto coins and tokens used for Framework Ventures Portfolio here.

Get the latest product updates, partnerships and announcements from CoinMarketCap here.

FCL To Local Currency

Last updated 2024/09/20 00:00:04 (UTC)

How To Buy Fractal ID

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Fractal ID and help you discover other cryptocurrencies similar to Fractal ID.

FAQ

Q
What is the current price of Fractal ID?
A
We update our Fractal ID to USD price in real-time. Get the live Price of Fractal ID on CoinMapAi.
Q
What is the 24 hour trading volume of Fractal ID?
A
Over the last 24 hours, the trading volume of Fractal ID is -.
Q
What is the all time high of Fractal ID?
A
The all-time high of Fractal ID is $2.48. This all-time high is highest price paid for Fractal ID since it was launched.
Q
Where can I buy Fractal ID?
A
Fractal ID can be purchased on multiple centralized exchanges. Please check our buying guide: buy Fractal ID guide.
Cryptocurrency investment activities, including actions done to buy Fractal ID online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Fractal ID instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Fractal ID purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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