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Market

Market stats

Market cap

$582,525.97

Volume (24h)

$83,747.00

Circulating supply

16.6M FCL

All time high

$2.49

Price change (1h)

-0.36%

Price change (24h)

-6.44%

Price change (7d)

-5.13%

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Fractal is on the decline this week.

The price of Fractal has fallen by 5.13% in the past 7 days. The price declined by 6.44% in the last 24 hours. In just the past hour, the price shrunk by 0.36%. The current price is $0.0351 per FCL. Fractal is 98.59% below the all time high of $2.49.

The current circulating supply is 16,595,270.914 FCL.

Ratings

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About

What isFractal (FCL)?

Fractal (FCL) is a platform that bridges the gap between data integrity and data privacy. The platform is an open-source, zero-margin protocol with a basic standard to exchange user data in a fair and open way. It ensures a high-end version of the internet. The platform aims to respect the user's privacy, protect advertisers from frauds, and reward the content creators. With blockchain technology, the platform ensures a trustless network and shared source of truth for designing mechanisms. The platform also aims to incentivize the growth of a decentralized data pool. Therefore, the platform uses an incentive system that attracts data reliability and growth. Along with attribution, payment mechanisms, and access to the contributors, it gives users control over their data.

The platform identified that the free internet faces problems as the duopoly controls the 60 percent market, the ad-tech costs are unattributed, and the web traffic comes in bots. The platform has created an open-source protocol to facilitate data commons. This protocol establishes a privacy-based infrastructure to monetize and share user data to overcome the issues. Also, a trustless and transparent incentivized system ensures the best outcomes for advertisers, publishers, and users. The user's data privacy is assured by leveraging the advanced technology that enhances campaigns' data quality and outcomes.

As its whitepaper suggests, FCL is the native cryptocurrency that fuels the incentive mechanism of the networks protocol. FCL is an ERC-20 token that lives on the Ethereum blockchain. The token serves as a utility token by allowing advertisers to pay bid prices in FCL and staking services for advertisers, verifiers, and insurers in Arbitrage and Ad. Furthermore, the platform seeks to incentivize the early adopters of the  protocol by offering users the opportunity to stake tokens of the attested data.

Overall, the platform is designed to create a data commons and ensure fair competition against the market duopoly. The protocol develops technical infrastructure and market dynamics to incentivize and allow actual value distribution in the Advertisement market.

History of Fractal (FCL)

The official whitepaper of Fractal was launched on Feb 01, 20215. The platform was officially founded in 2017, and Ocean protocol became the first client of Fractal ID. The platform leaders include Julian Leitloff, founder and CEO of the platform; Julio Santos, co-founder and CPO; and Anna Bikmetova, VP of operations.

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Reading List

News

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Blockworks • Jun 09, 23

Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed

These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.

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Blockworks • Jun 09, 23

Vitalik Buterin: Ethereum must adopt ‘three transitions’ to succeed

These transitions, as Ethereum co-founder Vitalik Buterin explains in his latest blog post are: layer-2 scaling, wallet security and privacy.

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Decrypt • Jun 09, 23

Ava Labs Launches Avalanche Arcad3 to Help Game Studios Enter Web3

Avalanche Arcad3 is connecting traditional game publishers with crypto firms to help bring legacy IP into the fledgling Web3 gaming space.

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CoinDesk • Jun 09, 23

The Memecoin Grift and How It Threatens Ethereum Culture

If Ethereum is to grow it’ll have to mature beyond the antics of those shilling the token-of-the-moment, says Paul Dylan-Ennis.

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FAQ

What is the current price of Fractal?

We update our Fractal to USD currency in real-time. Get the live price of Fractal on Coinbase.

What is the market cap of Fractal?

The current market cap of Fractal is $582.53K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Fractal?

The all-time high of Fractal is $2.49. This all-time high is highest price paid for Fractal since it was launched.

What is the 24 hour trading volume of Fractal?

Over the last 24 hours, the trading volume of Fractal is $83.75K.

What other assets are similar to Fractal?

Assets that have a similar market cap to Fractal include SYNC Network, Honest, Wagerr, and many others. To see a full list, see our comparable market cap assets.

How many Fractal are there?

The current circulating supply of Fractal is 17 million.

Can I buy Fractal on Coinbase?

Yes, Fractal is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Fractal guide.