Fuse is allowing companies and communities to enable secure and friction-less mobile payments with ease.
- What is Fuse?
Fuse Network is a Decentralised Finance (DeFi) project launched in 2019. They are a finance company that tries to connect everyday payments to the blockchain through leveraging a DeFi infrastructure to create a platform for entrepreneurs and allow them to turn their communities into valuable economies.
Turning communities into thriving economies – Allowing companies and communities to enable secure and friction-less mobile payments with ease.
- Who are the Team Members behind Fuse?
Some of the core team members behind fuse are as follows:
- Mark Smargon – CEO at Fuse.io
- Isaac Rodgin – Business Development Manager at Fuse.io
- Robert Miller – Independent Growth Consultant & Communications at Fuse
- Leon Prouger – Dapp Development Lead at Fuse.io
- How was Fuse Launched?
Fuse launched in 2019 with an initial token distribution of 300 Million FUSE (Plus 5% block rewards per year). They raised $600,000 USD from a token sale on October 24th, 2020 at a price of (1 FUSE = 0.06 USD).
Initial distributions as follows:
25 Million FUSE – ETOP
40 Million FUSE – Early Investors and Advisors
40 Million FUSE – Mesa and Private Sale
65 Million FUSE – Future Dev Pool
130 Million FUSE – Bootstrap Pool