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Fuel Ignition

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Category: L2

Fuel

Fuel helps developers build high-performance blockchain applications by providing a fast, efficient network designed for complex operations. With it, developers can create applications that process many transactions quickly, users can interact with responsive apps, and projects can scale without high costs. Fuel makes it easier to build and use advanced blockchain applications.
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Funding Rounds

Funding Round: Public Sale
Funding Date: 1 Dec, 2024
Raised Amount: $10M
Funding Round: Unknown
Funding Date: 6 Sep, 2022
Raised Amount: $80M
Funding Round: Unknown
Funding Date: 1 Sep, 2022
Raised Amount: $80M
Funding Round: Unknown
Funding Date: 21 Apr, 2021
Raised Amount: $1.5M

Investors

Fuel

Fuel addresses a creeping centralization infecting the blockchain ecosystem, igniting a high-throughput architecture built for mass adoption, retaining low node requirements. Fuel V1 set a precedent of firsts in 2020 - first optimistic rollup on Ethereum mainnet and first to achieve stage-2 security status. We built our own domain-specific blockchain oriented programming language with a full Solidity transpiler called Sway. Our equivalent of Rust's cargo. It is the primary entry point for creating, building, testing, and deploying Sway projects. The Fuel Community exists to empower builders at any stage of their journey. We embody collaboration, innovation, education, creativity, support, and service. We don't maintain the status quo or add to the noise - we gather to build a tomorrow we believe must exist. A tomorrow that brought us all to Ethereum in the first place. Join our community and let’s create tomorrow - together.
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Funding Rounds

Funding Round: Pre-Seed
Funding Date: 1 Mar, 2022
Raised Amount: $1.7M

Investors