To find out even more about this project, check out our deep dive of [Fractal](https://coinmarketcap.com/alexandria/article/what-you-need-to-know-about-the-fractal-nft-gaming-marketplace).

## What Is Fractal (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.

Related Pages:

Check out our deep dive of [Fractal](https://coinmarketcap.com/alexandria/article/what-you-need-to-know-about-the-fractal-nft-gaming-marketplace) and find out everything you need to know about the Fractal NFT gaming marketplace.

Read about [OpenSea](https://coinmarketcap.com/alexandria/article/opensea-plans-stock-market-debut-users-are-furious) - the largest NFT marketplace used by sellers, buyers and artists worldwide.

Read about [Polkastarter (POLS)](https://coinmarketcap.com/currencies/polkastarter/).

The latest data about [Polkadot (DOT)](https://coinmarketcap.com/currencies/polkadot-new/).

Learn about web 3.0 with [CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/article/what-is-web-3-0).

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](https://coinmarketcap.com/exchanges/kucoin/), [Uniswap (V2)](https://coinmarketcap.com/exchanges/uniswap-v2/), [Bitfinex](https://coinmarketcap.com/exchanges/bitfinex/), [MEXC](https://coinmarketcap.com/exchanges/mxc/), and [BKEX](https://coinmarketcap.com/exchanges/bkex/). 

Want to keep track of FCL prices live? Download the CoinMarketCap [mobile app](https://coinmarketcap.com/mobile/).

Want to learn more crypto terms? Our [glossary](https://coinmarketcap.com/alexandria/glossary) will come in handy.

Check the top crypto coins and tokens used for Framework Ventures Portfolio [here](https://coinmarketcap.com/view/framework-ventures-portfolio/).

Get the latest product updates, partnerships and announcements from CoinMarketCap [here](https://coinmarketcap.com/alexandria/categories/blog).


Fractal ID

Trust Wallet

MetaMask

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Coinsbit Token

Golff

Misbloc

Hedget

Jarvis Network

SnowSwap

hiBEANZ

KeyFi

e-Money

APYSwap

Wall Street Baby

Mythos

GG MetaGame

Patex

Weave6

KardiaChain is a blockchain platform that aims to be fully interoperable and "non-invasive," meaning that blockchains can connect to the network without needing to make technical modifications to their own protocols. KardiaChain uses a dual-node structure to facilitate the connection between its own ledger and other blockchains, sharding for scalability and smart contracts for developers.

The platform relies on a native token, KAI, which is used for staking, transaction fees, participating in services and deploying smart contracts.

KardiaChain was first announced in October 2018, and its mainnet went live in December 2020.

KardiaChain

MultiVAC

dHedge DAO

Efinity is a cross-chain NFT platform developed by Enjin and built on Polkadot. Efinity was created as the next generation blockchain for digital assets with the aim of adapting to the challenges of the world of non-fungible tokens (NFTs), according to the project.

The main specialization of the Efinity project is the NFT space. With the protocol, traders and gamers can create, distribute, transfer, sell and buy NFTs. Efinity aims to remove barriers to entry into the NFT space/decentralized gaming, and to simplify user experience and digital asset governance.

Efinity Token powers the entire Efinity ecosystem, EFI aims to prioritize the generation, transfer and purchase of tokens using an inter-chain infrastructure of protocols resulting in lower transaction fees. As for incentives, rewards on PoW blockchains with NFT functionality go to miners who create/trade tokens, thereby forming a community.

One of the long-term goals of Efinity is to become a hub for both fungible and non-fungible tokens, accepting tokens from any other chain, facilitating the pricing and exchange of NFTs, increasing transaction volume, and creating network effects.

In December 2021, the project won the Polkadot parachain auction, and in March 2022, Enjin launched their flagship parachain Efinity on the Polkadot Relay Chain — a blockchain platform that provides a decentralized parachain network where people havecontrol over their data and identity.

Efinity Token

Polkastarter is a decentralized fundraising platform empowering Web3 projects to launch and raise funds through multi-chain token pools whilst significantly growing their communities.

The platform supports initial dex offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo.

The platform enables investors to secure early access to IDOs, NFTs and Gaming Web3 innovation. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time.

Through Polkastarter, blockchain projects can easily create their own fixed-chain swap pools, which allow them to securely raise funds, while users can invest without risks, since swaps are automatically executed by smart contracts.

POLS is the native utility token of the Polkastarter platform. Its main utility is gaining access to pools and giving projects the option to give priority access to POLS holders. Users are incentivised to stake POLS, rewarding the most loyal members.

In Q4 2022, Polkastarter will release new community utility features, such as governance and POLS Power Boosters (increasing your allowlisting success). The platform first went live in December 2020, and has quickly grown to become one of the most commonly used platforms for initial DEX offerings (IDOs) operating on the Ethereum blockchain.

Polkastarter

Karura is an all-in-one decentralized finance (DeFi) hub and stablecoin platform built on Kusama (KSM) and integrated into Polkadot (DOT). Karura was created by the Acala Network, which has won four Web3 Foundation grants and founded the Substrate Developer Academy.

To learn more about this project, check out our deep dive of Karura.

Both Karura and Acala are backed by multiple funds, including Coinbase Ventures, Pantera Capital, Polychain Capital and Hypersphere. Karura and Acala operate in parallel. Specifically, Karura is implementing DeFi on Kusama in the same way that Acala is offering DeFi on Polkadot. The network is built with almost the same codebase as Acala: the two platforms provide scalable, convenient and fast DeFi cross-chain ecosystems for Kusama and Polkadot.

Parachain Karura is a platform that allows users to create effective, low-cost and complex financial applications, saving time and increasing trading efficiency.

The platform itself provides a multi-collateralized stablecoin backed by cross-chain assets (kUSD), a trustless staking derivative (liquid KSM), and an automated market maker (AMM) decentralized exchange (DEX) for unlocking liquidity and supporting financial innovation.

Karura is the decentralized financial hub of Kusama, a scalable multi-chain network for radical innovation and early-stage Polkadot deployments. Karura is the sister network to Acala. It hosts multichain liquid staking token (LST) protocols (such as liquid KSM - LKSM), an AMM decentralized exchange, and an app platform that is EVM-compatible and highly customizable (based on Substrate). Karura is secured by Kusama, and is the liquidity gateway of Kusama parachains, Acala and L1/L2 blockchains

Karura

SORA is about creating a supranational economic system that can efficiently provide capital to producers, thus pushing humanity forward, as well as a supranational and democratic governance structure to allocate capital in a fair way. It is both a new economic system that decentralizes the concept of a central bank as well as a network that implements a new way to architect a parachain blockchain that connects to the Polkadot relay chain and ecosystem with built-in tools focused on DeFi.

The SORA Network excels at providing tools for decentralized applications that use digital assets, such as atomic token swaps, bridging tokens to other blockchains, and creating programmatic rules involving digital assets.

SORA XOR is the native utility token that is:

Used for transaction fees (gas) on the SORA substrate network

Elastic supply, managed by atoken bonding curve

Enables holders of a certain amount to become a citizen and member of theSORA Parliament

Used to add liquidity to pairs onPolkaswap

Used to stake to become a validator or tonominate validators on the SORA Network

More aboutSORA tokenomics

SORA

Deeper Network is backed by Parity, AU21, Digital Renaissance, Master Ventures, Brilliance Ventures, Loopring, SevenX Ventures, UVA, YOUBI Capital, GOBI Partners, CANDAQ, Blocksync Ventures, Republic, ChinaPolka, Titan Ventures, Consensus Lab, Spark Digital Capital and BMW Capital.

Deeper Network also has partnerships with Polkadot, Best Buy, Amazon, Indiegogo, PAID Ignition, Duckstarter, Poolz and Flybit.

Deeper Network

Energy Web Token (EWT) is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector.

Energy Web Chain was launched in June 2019. The Energy Web Foundation is the non-profit enterprise behind the project. EWT aims to bring diversity to the energy sector by allowing developers to create decentralized applications (DApps). The virtual machine has the potential to benefit actors from all areas of energetics, including grid operators, software developers, and vendors.

Energy Web Token

Opacity is a cloud storage provider with one major difference, privacy.

With the rise of digital property, many people have increasingly become concerned with the security and privacy of materials stored with cloud storage companies such as Dropbox, Google, and others. Small businesses, individuals, and enterprises want to keep their data private.

Opacity protects people’s basic rights and provides private cloud storage to anyone through its Opacity token, OPCT. The token can be purchased on a crypto exchange and then used to purchase data storage plans that are completely private, and can only be accessed by the purchaser with the private key.

Unlike other service providers, Opacity does not require personal identification information. Opacity stores no information on its users, and allows people to store private information, such as company secrets, intellectual property, personal photographs, legal documents, and family moments, with assurance that personal data stays personal.

Access to private storage and file sharing enables a new way to protect your important files. Storing and sharing files has limitless potential, covering a wide variety of areas:

Photos

Videos

Music

Banking documents

Legal documents

File sharing with coworkers

Enterprise cold storage

Files can be shared privately or publicly, you decide!

Opacity

Phala Network is a coprocessor for blockchains. Developers deploy “Phat Contracts,” off-chain program for coprocessors, enhancing dApps with connectivity, internet access, and heavy computation, overcoming web3 constraints.

Phala Network has one of the largest Trusted Execution Environments (TEE) on Intel Software Guard Extensions (SGX) hardware, which means that any code/data on Phala Network is protected from unauthorized access by users. Phala addresses developer concerns with expanded developer language support such as JavaScript and more, and ready-to-deploy Templates for seamless Phat Contract integration, streamlining the experience for web3 developers.

Phala stands at the forefront of Web3 innovation, fostering development through its Builders Program.

Phala Network

Acala Token

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Serum

Persistence One

Litentry

RFOX

Covalent leverages big-data technologies to create meaning from hundreds of billions of data points, delivering actionable insights to investors and allowing developers to allocate resources to higher-utility goals within their organization.

Instead of painstakingly sourcing data from a small handful of chains, Covalent aggregates information from across dozens of sources including nodes, chains and data feeds. The Covalent API then sources end-users with individualized data by wallet, including current and historical investment performance across all types of digital assets. Most importantly, Covalent returns this data in a rapid and consistent manner, incorporating all relevant data within one API interface.

Having achieved product-market fit, we are now planning to execute the next phase of Covalent, which is a progressive decentralization that will enable the Covalent Network to be owned and operated by its users. Of course, a critical piece to this is CQT.

CQT is the native token of the Covalent Network. It has three primary purposes:

CQT is a governance token, whereby token holders vote on proposals to change the system parameters.

CQT is a staking asset. Validators will earn fees for answering queries.

CQT is a network access token that fulfills data queries for users of the API.

Developer resources include:

Covalent Knowledge Base for extensive guides on how to use the Covalent API. 

Covalent API Documentation.

Covalent

Audius is a decentralized music streaming protocol initially built on POA network, but now living on Solana. Audius was launched to remedy the inefficiencies of the music industry, which is plagued by intransparent music rights ownership and intermediaries standing between artists and their audience.

Audius aims to align the interests of artists, fans, and node operators through its platform powered by its native AUDIO token. Artists can upload music, stored and distributed by content and discovery nodes, that fans can listen to for free. Currently, Audius rewards content creators through rewards like featuring in the weekly trending lists. In the future, it plans to integrate stablecoins for artists to offer paid content, as well as artist tokens that give fans the ability to access exclusive content, potentially cooperating with platforms like Rally.

Audius

Akropolis is a company that operates an Ethereum-based decentralized finance protocol that seeks to provide an autonomous financial ecosystem for saving and growing wealth, including through borrowing and lending. To do so, it offers a series of products including AkropolisOS, a framework for developing for-profit decentralized autonomous organizations, Sparta, a platform for uncollateralized lending, and Delphi, a yield farming aggregator and tool for dollar-cost averaging.

The project uses an ERC-20 token, AKRO, for protocol governance across its suite of products.

Akropoli was first announced in March 2018, launching on the Ethereum mainnet in June 2020.