Fando

Closed

Singapore · Founded 2020

Employees
1–10
Founded
2020
Business Model
B2C
Website
fando.ai
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 Singapore, founded in 2020. Its most recent funding was a Seed round in Jun 2023. Investors include SOSV, Plug and Play and ORBIT Capital.

Funding History

SeedSeed RoundJun 2023

Investors

Similar Companies

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Fando on Indexed.vc
<a href="https://indexed.vc/companies/fando"><img src="https://indexed.vc/api/badge/company/fando" alt="Fando on Indexed.vc" width="260" height="76" /></a>