Fjord Foundry
Fjord Foundry is a Web3 token sale platform and launchpad connecting early-stage blockchain projects with crypto backers via Liquidity Bootstrapping Pools and other sale mechanisms across nine EVM chains.
- Company typePrivate
- Founded2021
- HeadquartersSylte, Norway
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Fjord Foundry does
Fjord Foundry is a Web3 token sale platform and launchpad founded in 2021 and headquartered in Sylte, Norway. The company connects early-stage blockchain projects with crypto backers through multiple sale mechanisms, with Liquidity Bootstrapping Pools (LBPs) as its flagship offering alongside Fixed Price, Tiered, and forthcoming Overflow sale models. The platform is built on Balancer Protocol V2 for LBPs, supports nine EVM-compatible chains (Ethereum, Polygon, Arbitrum, BNB, Optimism, Avalanche, Base, Blast, Sonic), and enables cross-chain participation via Axelar integration. Fjord operates both permissionless Community Sales and vetted Partnered Sales, supplemented by a curated network of launch partners and service providers (auditors, KYC vendors, CEX listings, market makers, and KOLs).
Fjord monetizes via transaction-based platform fees — a 2% platform access fee on standard LBP base token balances and a 5% fee on the total amount raised in other sale formats — plus launch partner compensation flows from sell-side swap fees and project token revenues. In March 2024 the company closed a $4.3 million seed round led by Lemniscap and subsequently launched the FJO native utility token with a deflationary structure that commits at least 90% of protocol profits to open-market FJO buybacks. FJO staking and FJOINTS points further align token holders with the platform via a six-week lock-up, reward vesting, and Points Auctions that grant access to project token airdrops.
The company's customer base spans 600+ project communities and 100k+ participants across Web3 protocols, DeFi projects, gaming platforms, and infrastructure providers, with $1B+ raised and $1.5B+ traded on the platform. Fjord has generated over $25M in revenue prior to the FJO token launch, with current disclosed revenue around $30M.
Fjord Foundry firmographics
Firmographics- Name
- Fjord Foundry
- Legal name
- Fjord Foundry
- Website
- https://fjordfoundry.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Short description
- Fjord Foundry is a Web3 token sale platform and launchpad connecting early-stage blockchain projects with crypto backers via Liquidity Bootstrapping Pools and other sale mechanisms across nine EVM chains.
- Ownership category
- akta.pro rank
Fjord Foundry industry classification
Industry- Product category
- Crypto Token Launchpad Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Launchpads, IDOs & Token Distribution via DEXs (FSADABAL)
- akta.pro secondary industries
- Permissioned / KYC DEXs (Institutional On-Chain Venues) (FSADABAN), Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)
Keywords
Where Fjord Foundry is headquartered
LocationHeadquarters
- HQ city
- Sylte
- HQ country
- Norway
- HQ region
- Europe
Markets served
Fjord Foundry business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Access Fees: Fjord charges a 2% platform access fee on the quantity accrued to the base token balance at the conclusion of standard LBPs. Sweeper pools have 0% platform access fee. Fee is automatically transferred at sale conclusion.
- Sales Platform Fee: 5% fee on the total amount raised in the accepted collateral token (e.g., USDC, WETH), automatically transferred at sale conclusion.
- Protocol Revenue (FJO Buyback): At least 90% of profits generated across all products is used to repurchase FJO from the open market via TWAP orders. Pre-staking, these tokens are burned. Post-staking, buybacks are split between burns and staking rewards.
- Launch Partner Fees: Sell-side swap fees for LBPs or a portion of revenues generated in project tokens are directed towards launch partners as compensation for assisting projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard LBP sales |
| Transaction based/ take rate | Pay-as-you-go | Sweeper pools |
| Transaction based/ take rate | Pay-as-you-go | Token sales (general) |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels7 records
Fjord Foundry product offering
Product offeringCore offering
Fjord Foundry is a self-serve Web3 token sale platform and launchpad that enables projects to raise capital through multiple sale models—Liquidity Bootstrapping Pools (LBPs), Fixed Price, and Tiered sales—across 9 EVM-compatible blockchains with cross-chain participation via Axelar. The platform supports both permissionless Community Sales and vetted Partnered Sales, charging transaction-based platform fees (2% on standard LBPs, 5% on general sales). Its native FJO utility token enables staking, airdrop participation, and a deflationary buyback-and-burn mechanism funded by 90% of protocol revenue.
Differentiator
Problem solved
Functional benefit
Brands
- FJO: Native utility token of Fjord Foundry, designed to fuel the ecosystem. FJO has a deflationary structure with 90% of platform revenue used for repurchases and burns. Token holders can stake to earn rewards and receive airdrops from projects launching on Fjord.
Products and services
- LBP Sales (Liquidity Bootstrapping Pools) Dynamic pricing token sale model where market forces determine the token price through weighted asset pools. Ideal for projects seeking to discover their true market value with community-driven price discovery and anti-manipulation mechanics.
- Fixed Price Sales Simple, straightforward sale model with a set price per token, backed by Fjord or trusted third-party launch partners. Designed for projects that prefer price certainty over dynamic pricing.
- Tiered Sales Token sale divided into sequential pricing stages (tiers), each with fixed price and allocation. Tiers unlock as previous tiers sell out, with optional wallet gating for participant eligibility.
- Community Sales Permissionless token sale option where any project can launch without prior approval. Driven by community upvoting, open to a wide range of innovative projects seeking funding support.
- Partnered Sales Vetted token sales supported by Fjord or trusted third-party launch partners. Partners conduct due diligence, advise on parameters (liquidity locks, vesting schedules, funding caps), and provide marketing support.
- Cross-Chain Token Sales Multi-chain token sale infrastructure supporting contributors from any EVM chain via Axelar cross-chain integration. Accepts USDC, USDT, WETH, DAI, and custom tokens across Ethereum, Polygon, Arbitrum, BNB, Optimism, Avalanche, Base, Blast, and Sonic.
- Treasury Token Divestments Feature allowing projects to sell treasury tokens mid-cycle for stablecoins, functioning similarly to Series A/B funding rounds. Supports vesting schedules to manage sell pressure.
- FJO Token Native utility token with 100,000,000 total supply and deflationary structure. At least 90% of protocol profits are used to repurchase FJO via TWAP orders—tokens are burned pre-staking and split between burns and staking rewards post-staking.
- FJO Staking with FJOINTS Staking mechanism where FJO holders stake tokens (6-week lock-up) to earn buyback rewards and FJOINTS (ERC-20 points). FJOINTS can be spent in Points Auctions to receive project token airdrops. Rewards vest over 3 weeks with 50% slash penalty for early claim.
Quantifiable outcome
- $1B+ raised for projects across the platform
- +5 more outcomes
Companies that use Fjord Foundry
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Fjord Foundry technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability2 records
Feature6 records
Fjord Foundry partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered minor, core and major.
- HackenminorSecurity auditing service provider available to projects launching on Fjord. Part of the vetted service provider network offering exclusive discounts.
- Trail of BitsminorSecurity auditing service provider available to projects launching on Fjord. Part of the vetted service provider network.
- HalbornminorSecurity auditing service provider available to projects launching on Fjord.
- Assure DeFiminorKYC service provider available to projects requiring identity verification for participants.
- BlockpassminorKYC service provider available to projects requiring identity verification.
- SynapsminorKYC service provider available to projects requiring identity verification.
- MEXCminorCEX partner for potential project listings post-launch.
- GateminorCEX partner for potential project listings post-launch.
- BitgetminorCEX partner for potential project listings post-launch.
- Upbit ExchangeminorCEX partner for potential project listings post-launch.
- ArtisminorMarket maker service provider to support project token liquidity post-launch.
- Balancer DAOcoreFjord's LBP infrastructure is built on Balancer Protocol V2. Received 1.5% of FJO supply for ecosystem support. Deep technical integration.
- SabliercoreIntegrated for token vesting functionality, enabling projects to stream tokens over time to sale participants.
- AxelarmajorEnables cross-chain participation, allowing contributors from nearly any EVM chain to participate in sales using liquid tokens.
- TailoredminorKOL and marketing service provider in the Fjord ecosystem.
- Delta3minorKOL service provider available to projects launching on Fjord.
- Raise AgencyminorMarketing service provider in the Fjord ecosystem.
- The CouncilminorKOL service provider available to projects launching on Fjord.
- ScribbleDAOminorCommunity marketing service provider for projects launching on Fjord.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Fjord Foundry competitors and assessment
Company assessmentDirect peers
- DAO Maker: Crypto launchpad offering token sales (DYCO, SHO) for early-stage Web3 projects with strong community participation. Directly competes with Fjord Foundry in the IDO/launchpad category for both projects and backers.
- Polkastarter: Multi-chain DEX and launchpad for Polkadot and EVM projects, offering fixed-swap pools and auctions. Competes head-to-head with Fjord on cross-chain token distribution and project onboarding.
- CoinList: Token sale platform and launchpad that has hosted hundreds of primary token sales with KYC'd investor participation. Direct competitor in token distribution, with overlapping customer base of early-stage crypto projects.
- Balancer: Underlying DeFi protocol whose V2 architecture powers Fjord's LBP sales. Comparable as a launch/sale venue and ecosystem partner; Fjord is one of Balancer's largest LBP users.
- Seedify: Launchpad and incubator offering IDOs, IEOs, and INOs across multiple chains. Targets the same early-stage Web3 project cohort as Fjord with community-driven token sales.
Broad incumbents
- Binance Launchpad: Launchpad offering from the world's largest centralized exchange, hosting token sales gated by BNB holdings. Competes with Fjord for new-token distribution but with a much larger captive user base.
Others
- Gate.io Startup:
Emerging players
- Sushi (Miso): Multi-chain DEX that previously operated Miso, a token launchpad with IDO and LBP primitives. Adjacent competitor with overlap in liquidity-bootstrapping sales mechanics.
- ChainGPT Pad: AI-focused launchpad offering IDOs for early-stage crypto projects, with a points-based allocation system analogous to FJOINTS. Overlaps in community-led sale mechanics for emerging tokens.
- Decubate: Web3 launchpad and incubator running vetted token sales for early-stage projects. Competes for the same project cohort and uses similar community-gating mechanics as Fjord.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Fjord Foundry social profiles
Digital presenceFjord Foundry financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fjord Foundry leadership team
Management profileNumber of profiles
Fjord Foundry funding detail
Funding detailFunding overview
Funding rounds1 record
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fjord Foundry M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fjord Foundry
What does Fjord Foundry do?
Fjord Foundry is a self-serve Web3 token sale platform and launchpad that enables projects to raise capital through multiple sale models—Liquidity Bootstrapping Pools (LBPs), Fixed Price, and Tiered sales—across 9 EVM-compatible blockchains with cross-chain participation via Axelar. The platform supports both permissionless Community Sales and vetted Partnered Sales, charging transaction-based platform fees (2% on standard LBPs, 5% on general sales). Its native FJO utility token enables staking, airdrop participation, and a deflationary buyback-and-burn mechanism funded by 90% of protocol revenue.
Is Fjord Foundry a public or private company?
Fjord Foundry is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fjord Foundry founded?
Fjord Foundry was founded in 2021.
Where is Fjord Foundry based?
Fjord Foundry is headquartered in Sylte, Norway, in the Europe region.
How does Fjord Foundry make money?
Four revenue lines are on record. Platform Access Fees are the primary driver. The others are sales Platform Fee, protocol Revenue (FJO Buyback) and launch Partner Fees.
Who are Fjord Foundry's main competitors?
Direct peers on record are DAO Maker, Polkastarter, CoinList, Balancer and Seedify. Binance Launchpad is listed as a broad incumbent. Gate.io Startup is listed as an others. Emerging players are Sushi (Miso), ChainGPT Pad and Decubate.
Does Fjord Foundry have an API?
No public API is recorded for Fjord Foundry.
What industry is Fjord Foundry in?
Fjord Foundry's product category is Crypto Token Launchpad Platform. Its primary akta.pro industry code is FSADABAL, Launchpads, IDOs & Token Distribution via DEXs, with a secondary code of FSADABAN, Permissioned / KYC DEXs (Institutional On-Chain Venues). Its NAICS code is 522320 and its SIC code is 6200.