Fraction AI Mainnet Launch Confirmed: Is $FRAC Airdrop Incoming?

Fraction AI Mainnet Launches May 6: Airdrop Details and Funding Insights

Fraction AI, a decentralized artificial intelligence platform, is set to launch its mainnet on May 6, 2025. This milestone follows a successful testnet phase and significant funding achievements.

Mainnet Launch Event

The launch will be celebrated with a virtual event at 4 PM GMT, featuring key figures such as founder Shashank Yadav and Xen, Head of Global Builders at Base. The event will be streamed live on the platform's official X (formerly Twitter) and YouTube channels.

Source: X

Understanding Fraction AI and $FRAC

Fraction AI enables users to create and train AI agents that can learn, compete, and earn rewards. These agents operate autonomously, with the community maintaining control over their development. The platform's native token, $FRAC, facilitates transactions and rewards within the ecosystem.

Testnet Achievements

During its testnet phase, Fraction AI recorded impressive metrics:

• Over 30 million sessions

• 320,000 users engaged

• 1.1 million AI agents created

• Smart contracts holding over 90% of wETH on the Sepolia testnet 

Airdrop Eligibility and Participation

Users who actively participated in the testnet by creating AI agents and engaging in platform activities have accumulated "Fractals," which determine eligibility for the upcoming $FRAC token airdrop. The airdrop is scheduled to commence shortly after the mainnet launch. 

Funding and Investor Support

Fraction AI has secured a total of $7.2 million in funding, comprising a $6 million pre-seed round in December 2024, co-led by Spartan Group and Symbolic Capital, and a subsequent $1.2 million seed round in February 2025, led by PioneerCrest Ventures. Notable investors include Borderless Capital, Anagram, Foresight Ventures, and angel investors such as Polygon co-founder Sandeep Nailwal and NEAR Protocol co-founder Illia Polosukhin. 

Looking Ahead

The Token Generation Event (TGE) for $FRAC is anticipated in Q3 2025, though an exact date has not been confirmed. The mainnet launch marks a significant step in Fraction AI's mission to decentralize AI development and democratize access to intelligent agents.

Key Details at a Glance

• Mainnet Launch Date: May 6, 2025

• Launch Event Time: 4 PM GMT

• Token: $FRAC

• Testnet Statistics: 30M sessions, 320K users, 1.1M agents, 90% wETH on Sepolia

• Airdrop Eligibility: Based on accumulated Fractals during testnet participation

• TGE: Expected in Q3 2025 (date to be announced)

• Total Funding: $7.2 million

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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