FUNDING
farcaster.xyz miniapp
farcaster.xyz miniapp
This is Far.Win
This is Far.Win
Funding Public Goods
HTML5/CSS3 Mastery
Product Design
Branding
Collaborative Team Player
Funding Public Goods
HTML5/CSS3 Mastery
Product Design
Branding
Collaborative Team Player
How does it work?
Far.Win is a prize game on Farcaster that is designed to be used for fundraising. Players buy randomly generated Mondrian-style art and 15% of the purchase goes to the cause, public good or project.
Far.Win is a prize game on Farcaster that is designed to be used for fundraising. Players buy randomly generated Mondrian-style art and 15% of the purchase goes to the cause, public good or project.
Far.Win is a prize game on Farcaster that is designed to be used for fundraising. Players buy randomly generated Mondrian-style art and 15% of the purchase goes to the cause, public good or project.
Every artwork with 5 squares wins 2x the current mint price. But the mint price rises so winners are incentivised to hold and promote! However, there is jeopardy; a rare white in the centre wins the entire pool and the game is reset.
Every artwork with 5 squares wins 2x the current mint price. But the mint price rises so winners are incentivised to hold and promote! However, there is jeopardy; a rare white in the centre wins the entire pool and the game is reset.
Every artwork with 5 squares wins 2x the current mint price. But the mint price rises so winners are incentivised to hold and promote! However, there is jeopardy; a rare white in the centre wins the entire pool and the game is reset.
Autonomous agents will enter every game when it becomes profitable. They will buy as fast as possible until they win. Leveraging profit-motivated capital for public good funding like this has never before been achieved.
Autonomous agents will enter every game when it becomes profitable. They will buy as fast as possible until they win. Leveraging profit-motivated capital for public good funding like this has never before been achieved.
Autonomous agents will enter every game when it becomes profitable. They will buy as fast as possible until they win. Leveraging profit-motivated capital for public good funding like this has never before been achieved.
Use Cases (hypothetical)
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Regen Initiatives
Reforestation and organic farming
Zuzalus and Network States need picks, shovels and some machinery to create thriving and sustainable environmental conditions. FarWin is a natural addition to fundraising.
David Lee
Hackathon Prize Winner
Having just won a blockchain hackathon David and his team of 3 friends decided to issue a fun token and want to raise a small amount monthly to support them while they build further. They are not ready for an "ICO/IDE" nor airdrop so FarWin is perfect.
Emily Garcia
Activist Funding
Emily runs a small media and freedom of speech project. Her cause suffers from bans on the usual platforms or demonetization. She needs a funding mechanism that cannot be stopped. Her community enjoys using FarWin regularly to chip in while having the change to win too!
Our Team
Elena is Senior Blockchain Architect. Since 2017 she has worked in blockchain including with the IBM Blockchain Foundation and many senior consulting roles. She currently works for projects aiming to address fundamental challenges in various sectors. She is also an artist practicing from her collective studio in Kyiv in her native Ukraine.
Elena Derymova
Elena is Senior Blockchain Architect. Since 2017 she has worked in blockchain including with the IBM Blockchain Foundation and many senior consulting roles. She currently works for projects aiming to address fundamental challenges in various sectors. She is also an artist practicing from her collective studio in Kyiv in her native Ukraine.
Elena Derymova
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Elena is Senior Blockchain Architect. Since 2017 she has worked in blockchain including with the IBM Blockchain Foundation and many senior consulting roles. She currently works for projects aiming to address fundamental challenges in various sectors. She is also an artist practicing from her collective studio in Kyiv in her native Ukraine.
Elena Derymova
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Founder of FarWin. For 5yrs up until 2016 he was an Innovative Financial Mechanism consultant for conservation giants and governments spanning Africa, Asia and Eastern Europe designing financial instruments that leveraged private capital. He left this for blockchain in 2016. He is a serial entrepreneur, MBA and Irish sailing Olympian.
Fraser Brown
Founder of FarWin. For 5yrs up until 2016 he was an Innovative Financial Mechanism consultant for conservation giants and governments spanning Africa, Asia and Eastern Europe designing financial instruments that leveraged private capital. He left this for blockchain in 2016. He is a serial entrepreneur, MBA and Irish sailing Olympian.
Fraser Brown
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Founder of FarWin. For 5yrs up until 2016 he was an Innovative Financial Mechanism consultant for conservation giants and governments spanning Africa, Asia and Eastern Europe designing financial instruments that leveraged private capital. He left this for blockchain in 2016. He is a serial entrepreneur, MBA and Irish sailing Olympian.
Fraser Brown
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Davit is a full stack developer plus an Ethereum community hackathon winner. He is passionate about decentralised systems and works on projects that drive change. He has attended two Zuzalu events - his native Georgia and Switzerland, where is presented a late night hack session.
Davit Maisuradze
Davit is a full stack developer plus an Ethereum community hackathon winner. He is passionate about decentralised systems and works on projects that drive change. He has attended two Zuzalu events - his native Georgia and Switzerland, where is presented a late night hack session.
Davit Maisuradze
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Davit is a full stack developer plus an Ethereum community hackathon winner. He is passionate about decentralised systems and works on projects that drive change. He has attended two Zuzalu events - his native Georgia and Switzerland, where is presented a late night hack session.
Davit Maisuradze
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Technology
01
Core Innovation
01
Core Innovation
01
Core Innovation
01
Core Innovation
The core innovation of the FarWin game is the creation of economic conditions where automated systems such as trading bots are naturally incentivized to participate alongside human players. The game establishes a self-sustaining fundraising mechanism through economic incentives and a probabilistic prize structure. Humans play for fun with art, to support causes, earn tokens or attain prizes. Bots engage when probabilistic calculations show positive expected value.
FarWin addresses one of the issues most difficult design problems in finance: creating a financial instrument that leverages profit-motivated capital for public goods. The persistent underfunding of public goods in decentralized systems represents perhaps the most significant market failure in the blockchain sector. Current solutions are constrained by the availability of philanthropic capital but FarWin creates an inexhaustible funding stream. Furthermore, the NFTs are actually vNFTs and projects with tokens can "juice" their games by adding tokens that increase the value of the FarWin - perfect for small teams with a token and looking to bootstrap while developing.
02
The Problem Solved
02
The Problem Solved
FarWin implements a novel parametric bonding curve mechanism. The colours are chosen from the first 6 bytes of a psuedo-randomly generated 32 byte hash - five colours have a ~20% chance of minting but blue is rare with a 1/256 chance of minting. The mechanics consists of four primary components: (1) a non-linear exponential bonding curve with quadratic elements using the ABDKMathQuad library for high-precision calculations, (2) Gelato VRF-powered randomness that ensures verifiable fairness, (3) a dual-tiered prize structure with probabilistic distributions of 9.3% and 0.39% for respective tiers. and (4) a reserve accumulation system with a claim by burning mechanism.
03
Game Mechanics
03
Game Mechanics
FarWin aims to harmonize human entertainment value with automated capital allocation by optimising the mathematical relationship between participation costs and prize distributions. A combination of optimised game-theoretic conditions, probability, and crypto-economic design reframes the problem of public good finance from one of preference aggregation to one of incentive alignment through stochastic game theory under which profit-maximizing entities voluntarily contribute to fundraising without requiring explicit coordination.
04
Reframing The Problem
04
Reframing The Problem
Traditional lotteries are often used to fund public goods, from major infrastructure projects to military efforts. Network states, a concept popularized by Balaji Srinivasan’s book The Network State, are decentralized, internet-native societies. These digital communities aim to reinvent governance structures and finance mechanisms, often facing the challenge of how to fund their projects. FarWins are permissionless, borderless blockchain-based prize games that can raise funds for public goods without relying on traditional mechanisms. It is a tool that any community or cause can use to raise funds. The future of network states is unfolding. FarWin creates possibilities for funding the building blocks of future digital societies.
05
Final Words
05
Final Words
Projects & Collaborations That Made This Possible
Farcaster has made it possible to embed an economic game in a social network as a native mini-app. Without this, our game would have been missed vital ingredients such as ease of share and social proof. Now we can meet players "where they are" and this changes everything.
Fascaster
Farcaster has made it possible to embed an economic game in a social network as a native mini-app. Without this, our game would have been missed vital ingredients such as ease of share and social proof. Now we can meet players "where they are" and this changes everything.
Fascaster
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Farcaster has made it possible to embed an economic game in a social network as a native mini-app. Without this, our game would have been missed vital ingredients such as ease of share and social proof. Now we can meet players "where they are" and this changes everything.
Fascaster
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Certik is our audit partner.
Certik
Certik is our audit partner.
Certik
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Certik is our audit partner.
Certik
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Originally, the game used Chain Link v1 but when v2 went a different direction with charging it was not a fit. Their team was an awesome support in the early days though. Our dApp advances with verifiable randomness innovation and new state-of-the-art VRFs, currently Gelato's EVM-compatible drand. VDFs and other innovations are part of our roadmap.
Gelato
Originally, the game used Chain Link v1 but when v2 went a different direction with charging it was not a fit. Their team was an awesome support in the early days though. Our dApp advances with verifiable randomness innovation and new state-of-the-art VRFs, currently Gelato's EVM-compatible drand. VDFs and other innovations are part of our roadmap.
Gelato
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Originally, the game used Chain Link v1 but when v2 went a different direction with charging it was not a fit. Their team was an awesome support in the early days though. Our dApp advances with verifiable randomness innovation and new state-of-the-art VRFs, currently Gelato's EVM-compatible drand. VDFs and other innovations are part of our roadmap.
Gelato
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Neynar is a gem in the Farcaster space. It tirelessly supports mini-apps in numerous ways. Their support and tech were invaluable.
Neynar
Neynar is a gem in the Farcaster space. It tirelessly supports mini-apps in numerous ways. Their support and tech were invaluable.
Neynar
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Neynar is a gem in the Farcaster space. It tirelessly supports mini-apps in numerous ways. Their support and tech were invaluable.
Neynar
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Neolastics, an art project invented by Simon de la Rouviere provided inspiration and a code base upon which FarWin was built. The innovative idea was first deployed in November 2020 "a digital art project that can automatically mint and burn unique, psuedo-randomly generated neoplasticism inspired cubes of collectible digital art."
https://blog.simondlr.com/
https://neolastics.com/
Neolastics
Neolastics, an art project invented by Simon de la Rouviere provided inspiration and a code base upon which FarWin was built. The innovative idea was first deployed in November 2020 "a digital art project that can automatically mint and burn unique, psuedo-randomly generated neoplasticism inspired cubes of collectible digital art."
https://blog.simondlr.com/
https://neolastics.com/
Neolastics
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Neolastics, an art project invented by Simon de la Rouviere provided inspiration and a code base upon which FarWin was built. The innovative idea was first deployed in November 2020 "a digital art project that can automatically mint and burn unique, psuedo-randomly generated neoplasticism inspired cubes of collectible digital art."
https://blog.simondlr.com/
https://neolastics.com/
Neolastics
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A Harmony One grant funded the first Certik audit.
Harmony One
A Harmony One grant funded the first Certik audit.
Harmony One
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A Harmony One grant funded the first Certik audit.
Harmony One
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The FarWin Founder, Fraser Brown previously ran Degen VC which funded a $50,000 Gitcoin hackathon for funding mechanism innovation on chain. During this collaboration with Gitcoin, developers contributed both code and ideas to what is now FarWin.
Gitcoin
The FarWin Founder, Fraser Brown previously ran Degen VC which funded a $50,000 Gitcoin hackathon for funding mechanism innovation on chain. During this collaboration with Gitcoin, developers contributed both code and ideas to what is now FarWin.
Gitcoin
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The FarWin Founder, Fraser Brown previously ran Degen VC which funded a $50,000 Gitcoin hackathon for funding mechanism innovation on chain. During this collaboration with Gitcoin, developers contributed both code and ideas to what is now FarWin.
Gitcoin
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