"What are you building?
Fairmint 5 lets founders give their community skin in the game. Using smart-contracts, Fairmint developed a software stack that empowers founders to passively receive investments from their biggest fans and grant equity to anyone that adds value. All this onchain in a fully disintermediated and compliant way. Why do you believe what you are building is going to succeed?
Better user experience. Using Fairmint, founders can raise funds using USDC (on top of traditional fiat investments via ACH or Wire). For investors, it means instant finalization of the investment. For founders, it means that they receive funds immediately.
Fully disintermediated. Using Fairmint, founders can raise funds and grant equity directly from their website instead of using a regulated (read “expensive” and “inflexible”) centralized platform that captures their community and adds lots of regulatory friction.
Structurally better unit economics. Using crypto, Fairmint can offer founders with fully SEC-compliant flows without the need to be regulated as we are not in the flow of funds (no money transmission) nor do we act as a custodian (investors self-custody) or broker-dealer (founders market their own offering on their own website).
Open and interoperable equity. Instead of being stored in a private database, founders’ equity is represented using recognized token standards (ERC20 and soon ERC1155) and recorded on decentralized open public ledgers (Optimism).