Fando
ClosedSan Francisco Bay Area, Singapore · Founded 2020 · $2.2M raised
- Headquarters
- San Francisco Bay Area, California
- Employees
- 1–10
- Founded
- 2020
- Business Model
- B2C
- Website
- fando.ai
- Total Funding
- $2.2M
- Last Round
- SeedJun 2023
- Rounds
- 1
About
Fando Network was a deep-tech startup founded in 2020 that operated a blockchain-based fan engagement and creator monetization platform focused on the sports and esports sectors. The platform enabled sports and esports content creators to launch their own personal tokens, creating decentralized digital economies centered on the value they produced for their communities. Fans purchased creator tokens and could earn valuable items such as signed merchandise by accumulating Fando Network points, as well as trade digital assets with other fans on the platform. The company used DeFi infrastructure as the basis for its monetization model, allowing creators to unlock token supplies periodically and based on performance milestones. Fando's 'Playbytes' feature gave fans a collective voice in their relationship with sports organizations and creators. The platform targeted Southeast Asia as a primary market, citing 350 million digital consumers and the fastest-growing digital economy in Asia-Pacific. The company raised approximately $2.19 million in funding from investors including Eigenate Advisors and Mana Partners in Singapore. Fando has since permanently closed operations.
Summary
Fando is a Deep Tech company based in San Francisco Bay Area, Singapore, founded in 2020. It has raised $2.2M in total across 1 round, most recently a Seed round in Jun 2023. Investors include SOSV, Plug and Play and ORBIT Capital.
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Funding History
Jun 2023
Investors
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