@Fabric Foundation is a decentralised network that lets people create, manage, own and improve universal robots. It uses public blockchains to track data, computing, ownership and rules. People help train and protect robots, earning rewards and shared ownership through $ROBO incentives. Users pay in $ROBO for access robot skills, creating a self-sustaining economy.
One of the main developers is OpenMind. The protocol aligns human and machine interests, prevents monopolies and allows instant skill sharing instead of years of training. Robots use modular AI systems, secure IDs and on-chain data, with skills added through an open app store. Backed by @Fabric Foundation , ROBO tokens powers governance, rewards and payments.
Fabric Protocol’s main fundraising event so far is the public sale of its token $ROBO on the Kaito. The goal of the round was to raise $2 million USD to support further development and ecosystem growth.
At the time of the sale, the fully diluted valuation (FDV) of ROBO as approximately $400 million USD. Only 0.5% of the total ROBO tokens supply was offered in the public round, and 100% of those tokens were unlocked at launch (TGE).
Around 40% of the public-sale allocation was prioritized for partner communities, including @Fabric Foundation , Kaito, Virtuals, and Surf AI. #ROBO