FAR Labs (FAR)

Rank #1371

Market snapshot

Price
N/A
Market cap
N/A
24h volume
N/A
Circulating supply
N/A
Total supply
N/A
Max supply
N/A

What is FAR Labs?

FAR Labs is a decentralized platform that connects consumer GPUs into a single network. This network routes requests to the appropriate nodes, ensuring low latency for users. The platform facilitates interactions between developers and operators, allowing for efficient resource utilization in various applications.

Key information

Symbol
FAR
CMC rank
#1371
Network / platforms

BNB, BNB Chain

Categories
N/A
Date added
Oct 21, 2022

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • BNB

    0xC44F9f08E524669E5DEeEBC9EB142c81edfAd178
  • BNB Chain

    0xC44F9f08E524669E5DEeEBC9EB142c81edfAd178

Documented uses

Developers can integrate with FAR Labs through a simple API, enabling them to pay for verified compute resources. Operators on the platform earn compensation for the work they deliver.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is FAR Labs?
FAR Labs is a cryptocurrency platform represented by the symbol FAR, operating within the Polygon ecosystem and BNB Chain ecosystem, focusing on gaming and the metaverse.
What are the risks associated with transferring FAR Labs assets?
Digital asset prices can be volatile, and users should verify contract addresses and networks before transferring assets. Self-custody requires secure handling of private keys.
How can I verify the acquisition of FAR Labs?
Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and understand the custody method.
Where can I find official resources for FAR Labs?
Official resources for FAR Labs can be found on their website at https://www.farlabs.ai and in their whitepaper at https://dashboard.farlabs.ai/whitepaper.
What are the documented use cases for FAR Labs?
Developers can integrate with FAR Labs via a simple API, paying for verified compute, while operators earn for the work they deliver.

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