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Fokoya

From EverybodyWiki Bios & Wiki





Fokoya
Type of site
Private
Founded2015
HeadquartersTel Aviv, Israel
IndustryFinancial services
Investing online
Online Gaming
Websitewww.fokoya.com

Fokoya is an Israeli tech startup with a registered office in Tel Aviv.[1] The company was founded in 2015.[2].

Funding[edit]

Fokoya is a seed stage startup and raised 1.1 million dollars from investors in their initial round of funding.[3]

Blockium[edit]

Blockium was launched in 2018 and is the first product of Fokoya. Blockium is a mobile app in which users enter into financial trading competitions that allow each participant to choose several assets.[4] Over the course of an allotted time slot, the user whose assets rise the most wins the competition.[5] Blockium uses a peer-to-peer system, meaning that users of the app trade against other users in real time[6]. The several users whose portfolios experience the most growth during the contest receive a portion of prize money.[7]

References[edit]


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