Information market place invested by a16z

Freatic is a platform with the vision of building a decentralized facts exchange market place by combining cryptography engineering and game concept. So what is Freatic? Let’s come across out with Coinlive in the posting beneath.

What is Phreatic? Discover the decentralized facts market place invested by a16z

What is Phreatic?

Freatic is a platform that utilizes blockchain engineering to establish a decentralized facts marketplace the place individuals can invest in and promote facts to just about every other with no going by way of third events. This marketplace is built to make facts far more available and give individuals the possibility to share their information.

What is Phreatic?

Freatic utilizes two state-of-the-art technologies: cryptography and game concept to defend customers and make sure the accuracy of facts. Encryption is applied to defend consumer privacy and avoid fraud. Game concept is applied to style incentives for customers to share exact facts.

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The Alpha Factory

Alpha Factory is the place prospectors and researchers of new cryptocurrency tasks will get paid to share their findings with traders who want facts about that venture. Alpha Factory is a DAO, that means it is owned and operated by its members by way of voting.

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Development staff

Freatic was founded and designed by a group of three anonymous developers on X (Twitter) named: 0x8ES, 0x8ME and 0x8QE.

Investors

Frantic traders

In September 2023, Freatic raised $three.six million by way of a Seed round led by a16z, in addition to other investment money and men and women this kind of as Arweave, Robot Ventures, Jutta Steiner (former director of protection at Ethereum),…

summary

Through the over overview posting on the Freatic venture, Coinlive hopes that readers have an understanding of the standard facts about this venture to make their personal investment choices. I want you a productive investment!

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