Fool's Tools
Fornace / Fool's Tools Team
0xB89D79765C330BCD44A864C036d8a288041bB77d
63740057
DeFi Trading made simple, with a fun storytelling twist
Fool's Tools aims to make things way simpler than they are now. The current DeFi ecosystem offers huge opportunitis and will be the economic foundation of the next decades. But today it's also way too intimidating for the average users. Everything feels pioneristic for a new user, with a series of intimidating and complex services that you need to know in advance.
Coming from a B2B/B2C company with apps that are daily used by hundreds of thousands of happy users we know that there is a better way.
We started with a wallet tool and token explorer that integrates exchanges, price alerts, charting, wallet tracking, and many other features. This part is already live in BSC at https://www.foolstools.net.
Connect your wallet and you're ready to be a better trader!
🤑 Quick Swap (automatically finds the best exchange for you)
🩲 True Auto-slippage suggestion based on realtime data
📨 Price Alerts
📈 Token Charts (w/ minicharts directly in your wallet list)
🥇 Community votes on tokens
🔥 Trending tokens list
🔍 Wallet and transactions tracker
💬 Token comments
📆 New features weekly released
🛣 Roadmap here: https://www.foolstools.net/
And this is the current foundation of the project.
Once it's completed, the average user will fulfill all of their monetary tasks within the app, all in a natural way.
The development is frenzy with multiple weekly updates and constant developer's involvement in the community.
Currently we're the only ones giving accurate sell prices for the tokens in the user portfolio, free access to wallet tracking with buy/sell points on the chart, email price alerts, curated token pages. We're currenlty building a universal charting library that doesn't require external API providers.
All of this happens while the camera is on: there is a webseries characterizing some of the real people involved in the project.
Channel: https://www.youtube.com/channel/UCOmXKtJPcWoof0LRpdbU7vQ
The characters depicted in the videos have a very strong connection with their real-life counterparts. We could say the webseries is about 80% real.
We release a new episode in average every 2 weeks. The story is written with the contribution of an awarded LA-based screenwriter.
@ffrappo insisted that this should be a featured point of the features list https://www.youtube.com/watch?v=Ymm0gyrOXzo
Since the launch of test token wasn't accompanied by a pre-sale, we had zero marketing budget and we're focusing on organic adoption.
Because of this we're very open to parthership proposals that can help making the project succeed in the next 2-4 years, including hiring more devs, dedicated marketing funding and staff.
- ffrappo (francesco frapporti)
- martinpham (martin pham)
- vcapogna (valerio capogna)
- malliroh88 (vadim sheshnitsan)
- lucacis (luca cisorio)
- fabritru (fabrizio truglia)
- amatucic (matilde amatucci)
- jbuff (jacopo buffolo)
Adding to this doxxed team there's a great volountary international team composed by social media managers, community moderators, project outreach, researchers that would deserve to be listed here.
Francesco Frapporti [email protected], telegram: @ffrappo
legal company based in Italy (Fornace srl - VAT id: IT04045160233). The legal team is researching the detachment to a separate entity.
- ffrappo https://it.linkedin.com/in/frapporti
- martinpham: https://it.linkedin.com/in/martinpham88
- lucacis https://it.linkedin.com/in/luca-cisorio-8114348
impactful b2b and b2c products and marketing for a range of companies, ranging from fortune 500 to mid-sized businesses
We've been doing client work for the past 10 years, but we're happy to give a reviewer read access to a few of our private repos in GitLab.
All work done under the KCC grant will be opensourced as per grant requirement.
Overview
We have a basic draft roadmap until the end of august, which is visible here: https://www.foolstools.net
Adding to this, with the grant's support, we can do the following:
-
Milestone 0: Setup own explorer with APIs
- Estimated Duration: 1 week
- FTE: 5
- Costs: 5k
-
Milestone 1: KCC Migration (all features)
- Estimated Duration: 4 weeks
- FTE: 60
- Costs: 30k
-
Milestone 2: OpenSource Universal API data service for charting Ethereum forked networks
- Estimated Duration: 1 month initial release, 3 months full release - FTE: 100 - Costs: 50k -
Milestone 3: React Native mobile app (with wallet creation)
- Estimated Duration: 3 months - FTE: 180 - Costs: 90-120k -
Milestone 4: Credit Card integration
- Estimated duration: 1 month - FTE: 15 - Costs: 20k -
Milestone 5: Marketing
- Estimated duration: 6 months - FTE: 80 - Costs: 200k -
Milestone 6: Continued development
- Estimated duration: 2y+, but we're looking for funding until the project is self-sustained - FTE: 200 - Costs: 100k
Our future plan is being the most used and loved DeFi app.
Coming from the regular business world, the first thing we learned in DeFi is that good, durable success needs patience. Our scope of work is about 4 years.
The company providing legal background and initial dev funding, as well as the videos production, is Fornace (https://www.fornacestudio.com). At Fornace we work in a fun and open environment while doing serious mission-critical business for our clients. We are ~40 people (most working from home currently). Here's a small tour: marketing floor fool's tools tour
The Fool's Tools project aims to be fully independent as soon as it can walk on its own legs.