Fogo Chain is a next-gen Layer 1 designed for ultra-fast, fair, and high-performance execution. Built on the Solana Virtual Machine, it enables developers to easily deploy or migrate Solana apps to Fogo while benefiting from faster transactions and a smoother user experience.
The $FOGO token is used for fees, staking rewards, and supporting ecosystem growth through builder and partner funding.
In January 2025, Fogo Chain raised $5.5M via a Seed Round from Distributed Global and CMS Holdings.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| N/A | 95.78x | 21 | ||
| N/A | 182.19x | 11 |