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What Is Fantom Maker (FAME)?

By Natalie Wu | February 10, 2022

As its name suggests, Fantom Maker is a launchpad primarily built to operate in the Fantom ecosystem. As a launchpad, Fantom Maker is used to democratize access to opportunities in the Fantom ecosystem by using a token-based access system to provide exposure to early-stage Fantom-based token sales.

The platform is associated with the wildly successful DAO Maker ecosystem which has gone on to dominate the Ethereum and Binance Smart Chain (BSC)-based decentralized fundraising space.

Fantom Maker’s native utility token is known as $FAME. This is primarily used to determine the allocation size each holder gets in each upcoming IDO, with more tokens resulting in larger allocations.

The platform is led by its CEO Maurizio Esposito, the founder and owner of Halvings capital and an experienced entrepreneur and business developer with a deep understanding of the cryptocurrency market and its niches. Other prominent team members include Fantom Maker co-founder David Braut, an experienced consultant and IT professional that has worked with both government and fortune 500 companies. David Braut is noted for co-founding Themis — an NFT-based DeFi lending platform.

DAO Maker’s Hassan Sheikh is also on board as an advisor — helping with deal flow, growth, and strategy.

How Does Fantom Maker Work?

As a Fantom-centric launchpad, Fantom Maker is designed to provide its users with access to early-stage projects built in the Fantom ecosystem. This might include new decentralized exchanges, play-to-earn games, DeFi protocols, metaverse projects, digital marketplaces, and more.

The platform separates itself from many other launchpads in that it offers guaranteed allocations for all token holders. Like most platforms, users holding more tokens will get larger allocations, however, it operates on a scaling system that distributes each allocation proportionally among FAME holders based on the size of their holdings.

Thanks to this system, Fantom Maker allows even smallholders to receive allocations in its projects — helping to minimize barriers to entry while giving everyone an opportunity to participate in early-stage Fantom-based project launches.

In order to maximize exposure for projects, Fantom Maker also separates a chunk of each project’s raise for the general Fantom community — allowing those that are not holding any $FAME tokens to participate in these sales through a lottery system.

The project will be deployed on the Fantom blockchain which users can interact with via their favorite Web3 wallet — such as MetaMask.
Fantom Maker conducted its initial DEX offering (IDO) on DAO Maker on Jan.13, 2021.  The $FAME token generation event (TGE) was completed shortly thereafter, following which it will be tradeable on popular Fantom-native DEXs, including SpiritSwap and SpookySwap. A BEP-20 version of the token will also be tradeable on PancakeSwap.
Source: https://coinmarketcap.com/alexandria/article/what-is-fantom-maker-fame-a-democratic-launchpad-for-fantom

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