Fractal ID is an interoperable Decentralized Identity System designed for web3. It ensures compliance with data and regulatory standards, including GDPR, while facilitating seamless user verification through KYC, AML, and human liveness checks. Fractal ID provides a vertically integrated identity stack that is accessible to everyone, everywhere. To further advance decentralized identity adoption, Fractal ID is currently developing idOS, the identity layer of web3. ### Who Are the Founders of Fractal? Fractal ID was co-founded in 2017 by Julian Leitloff (CEO) and Júlio Santos (CPO), the same year they secured their first client, Ocean Protocol. Sovrin and XAIN were added to their client list in 2018, followed by KILT Protocol in 2019. Julian Leitloff is the co-founder and managing director of Fractal. He obtained his master's degree in Corporate Management & Economics from Zeppelin University in 2014. Leitloff founded Spontaneous Order GmbH and achieved millionaire status by age 22. His accomplishments earned him a spot on Forbes' 30 under 30 list in 2016. His interest in blockchain began in 2015 after meeting Bruce Pon, the future head of Ocean Protocol, at Tech Open Air. Júlio Santos, a technical manager, software engineer, and entrepreneur, is the co-founder of Fractal, where he leads the Product and Engineering team. At Fractal, he's focused on building an identity layer for the Internet using the Fractal Protocol. Santos has been active in the blockchain space since 2015, founding projects such as Life on Mars, Gruvi, and Attmatr / Madmarkedet. ### What Makes Fractal Unique? Fractal is an open-supply protocol that enables the exchange of information with a focus on confidentiality, allowing users to securely share and monetize their data. Fractal Protocol aims to set a new standard for the equitable and open exchange of user information. By promoting a high-quality version of the free Internet, Fractal developers address market challenges such as: - A market dominated by a duopoly - Unattributed Ad-Tech costs - Web traffic generated by bots The project introduces a concept of a fair industry backed by a transparent and authoritative infrastructure. The developers strive to achieve optimal results for users, publishers, and advertisers by enhancing user data quality through advanced technologies and targeted strategies. ### Related Pages: Explore our comprehensive analysis of Fractal and learn about the Fractal NFT gaming marketplace. Discover OpenSea, the largest NFT marketplace for sellers, buyers, and artists worldwide. Read up on Polkastarter (POLS). Access the latest data on Polkadot (DOT). Enhance your understanding of web 3.0 with Eulerpool's insights. ### How Many Fractal (FCL) Coins Are There in Circulation? FCL is Fractal's utility token, designed to connect participants in the Fractal Open Advertising Economy. While FCL does not generate profits or confer voting or ownership rights, it supports the protocol's incentive mechanism. FCL's functionality drives token demand, fostering ecosystem growth. Ecosystem stakeholders include users, advertisers, verifiers, insurers, and certifiers, with each group having distinct incentives: - Users seek quality content and data-privacy-focused services. - Advertisers aim for secure, efficient advertising investments. - Verifiers desire better user engagement and ad revenue. - Insurers rely on active advertising markets to optimize staking rewards. - Certifiers focus on maximizing client value and sustainable business models. According to the project's Whitepaper: - Users compensate Attesters. - Advertisers pay Bid Prices. - Advertisers stake in Ad Escrow. - Verifiers stake in Arbitrage Escrow. - Insurers stake in Arbitrage Escrow. - Attesters receive payments for issuing Credentials. The maximum supply of FCL is capped at 465,000,000 coins, distributed as follows: - 5.3% to Pre-Sale - 0.5% to Community Sale - 14.3% to Strategic Reserve and Liquidity Treasury - 5.8% to Founders - 46.2% to Block Rewards - 11.6% to Company - 16.3% to Community Funds As of January 2022, the circulating supply is 16,595,270.91 FCL. ### How Is the Fractal Network Secured? Fractal (FCL) utilizes the Polkadot blockchain, offering connectivity infrastructure and deployment tools. Polkadot emphasizes security, employing Substrate, an SDK for Polkadot-compatible blockchains. Shared security is a cornerstone of Polkadot's value proposition, with economic security reinforced by Relay Chain validators. These validators stake on the Relay Chain to confirm transactions across parachains, ensuring safe, independent chain interactions. Polkadot also provides an environment that allows networks to manage transaction fees and scalability affordably, promoting development expertise through investments in security tools like Substrate and Cumulus. ### Where Can You Buy Fractal (FCL)? As of January 2022, Fractal (FCL) is listed on the following crypto exchanges: KuCoin, Uniswap (V2), Bitfinex, MEXC, and BKEX. Want to keep track of FCL prices live? Download the Eulerpool mobile app. Familiarize yourself with more crypto terms by using our glossary. Explore the top crypto coins and tokens utilized by Framework Ventures Portfolio. Receive the latest product updates, partnerships, and announcements from Eulerpool.