Frequently Asked
Questions
Who is Faro for?
Web3 offers a unique opportunity for companies to turn collectors of their tokens to loyal customers. Any company can use Faro to leverage Web3 to reimagine their loyalty programs. If you engage with customers across the web, mobile and in physical locations, contact us to enable Faro’s next-gen loyalty programs for your customers.
What wallets do I need to use?
We make it easy with an email-based wallet powered by Magic. Your customers never need to deal with having crypto-currencies to acquire your tokens.
We also support Metamask. We will be adding other crypto-wallets soon.
What is gasless minting or claiming?
Gasless minting or claiming means that you can acquire the tokens without paying any transaction fees. We enable the token issuer to pay for the transaction so you, the consumer, never have to deal with crypto.
Do I need ETH or MATIC to transact?
Yes. To deploy your Smart Contract and mint the tokens, you have to use either ETH (for Ethereum blockchain) or MATIC (for Polygon blockchain). We enable gasless claiming for your customers by paying transaction fees on your behalf.
Do my customers need any cryptocurrency to access my tokens?
No. When you use Faro-deployed contracts, your customers never need to use cryptocurrency to get your tokens. With our Mint contracts, you can transfer the tokens to your customers where you pay the gas fees. With our Drop contracts, when the token price is zero, the tokens can be claimed without any gas fees. We enable the gasless claiming on your behalf.
Maximize your reach with gasless transactions for your customers.
Can I use OpenSea and other marketplaces as well?
Yes. OpenSea and marketplaces are great for enabling re-sales of your tokens. You can always import your contract from OpenSea and others into Faro and connect the Faro Passport to your tokens.