Favrr Announces IDO on Coin Terminal Following $5M Equity Investment from VONROSEN
Favrr, a multi-functional platform combining token launches, prediction markets, and smart investor tools, has secured a $5 million all-equity investment from VONROSEN. The platform, which boasts over 33,000 users and daily growth, is preparing for its Initial DEX Offering (IDO) on Coin Terminal.
The Token Generation Event (TGE) marks Favrr's transition from Alpha to public participation. Built on the Base blockchain for efficiency, the platform enables users to trade tokenized fandoms through FAVEs—native fan assets that merge gamified finance with community-driven economics.
Favrr's Initial Fan Offering (IFO) model introduces safeguards for early supporters, allowing only buy transactions during the launch phase and guaranteeing refunds if demand thresholds aren't met. This approach distinguishes Favrr from typical meme coin launches, emphasizing fair participation.