• BTC3308.414
  • ETH86.620
  • BTC3308.414-3.8%
  • ETH86.620-3.47%
  • Fragments

    CryptoPotato score

    unrated

    Fragments

    Fragments is an algorithmic reserve and monetary supply policy for creating low volatility Ethereum Standard tokens, and our mission is to produce a fair and stable money for the world. At a high level the Fragments protocol stabilizes price by moving volatility from unit price to unit count.
    Fragments were designed to converge on the characteristics of Ideal Money, a theoretical solution to the conflict between short-term and long-term objectives when creating a world reserve currency. As a result, currencies adopting the Fragments protocol can store both near and long term value, making them suitable for both spending and holding.
    USD Fragments can serve as a medium of exchange, a hedge against other cryptocurrencies, and a service for utility token developers. USD Fragments can be used to fulfill the same needs Tether does today, with an auditable on-chain reserve and supply policy. When floating price currencies dip, traders retreat into stable currencies. In our case, this demand pressure triggers an increase in supply that is maximally distributed to coin-holders as a byproduct of stabilization. Developers creating utility tokens are eager to take advantage of the network effects inherent in floating price tokens. But beyond using tokens to represent the value of a network, developers also use tokens to denominate value (ie: 1GB of storage token). The Fragments platform will be offered as a service, allowing developers to easily develop functional utility tokens that retain network effects.

    Public Sale Starts At

    Unknown date

    Hardcap is unknown

    Token: FRG

    Token type: ERC-20

    Status: Whitepaper Available

    crowd sale

    Cap: TBA
    Date: TBA

    Social

    Twitter 0 followers

    Facebook 430 likes

    Team Members

    Evan Kuo

    Engineer / Product

    Brandon Iles

    Engineer / Architecture

    Ahmed Naguib Aly

    Engineer / Backend

    Aditya Sarawgi

    Engineer / Backend

    Nithin Krishna

    Engineer / Backend

    Jessica Yen

    Branding / Operations

    Advisory Board

    Co-Chief Investment Officer at Pantera Capital and Co-Founder @ Augur

    Joey Krug

    Advisor

    Noah Jessop

    Advisor

    Michael K.

    Advisor

    nvestor at Pantera Capital, Advisor at Origin Protocol, ICON. Enigma etc.

    Paul Veradittakit

    Advisor

    Sam Lessin

    Advisor

    Investors

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