Fundraising Fox

Freatic

9 known investors

Freatic builds Murmur, a monetization layer for information goods based on decentralized mechanisms, cryptography, and game theory that enables trustless trading of valuable insights. The platform addresses market failures in information exchange by creating permissionless marketplaces for untapped opportunities and alpha, currently demonstrated through applications in the crypto trading and memecoin space.

Also known as Murmur

Investors Β· 9

Also in the syndicate Β· 4

AnagramArweaveStefano BernardiThegostep

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Freatic is a crypto company developing infrastructure for the monetization and exchange of information goods. Its stated premise is that information has economic properties β€” non-rivalrous consumption, high production cost, low reproduction cost β€” that cause markets for it to fail, and that valuable, untapped information therefore circulates only inside informal trust networks and often never reaches the parties able to act on it. Freatic's approach combines decentralization, mechanism design and modern cryptography so that such information can be traded without requiring trust between counterparties.

The company's flagship product is Murmur, a decentralized platform for exchanging untapped information in which contributors ("alpha hunters") share insights and earn rewards, with cryptographic techniques and game-theoretic incentives governing when and to whom information becomes visible before it is public. Freatic also runs Mix2Pump, an interactive agent on X that generates memecoins on demand by combining current memecoin trends. Earlier applications, described by the company as building blocks toward Murmur, include words.fun (a word game platform combining NFT trading with Crypto Twitter mindshare), Capture The Alpha (an Arbitrum-based on-chain reputation system in which a user could register a secret piece of information that stayed hidden until conditions such as elapsed time or a number of discoverers were met), The Alpha Factory (a Polygon-based system for curating crypto insights using a peer-consistency mechanism to incentivize truthful participation), and hotnewcrypto (2020-2023), a leaderboard service that detected and curated early-stage crypto projects for investors.

Business model

Freatic develops decentralized protocols and applications around the trade of information, positioning Murmur as a monetization layer through which information contributors earn rewards for sharing insights.

Traction

Freatic has shipped a sequence of applications β€” hotnewcrypto (2020-2023), The Alpha Factory on Polygon, Capture The Alpha on Arbitrum, words.fun, Mix2Pump and Murmur β€” and raised $3.6 million in seed funding.

Latest developments

Murmur is presented as the company's current flagship platform, alongside Mix2Pump, an X-based agent generating memecoins from prevailing memecoin trends; earlier applications are listed in an archive.

β–ΈFull profile β€” market position, technology, go-to-market, history

Market position

An early-stage crypto project focused on decentralized information markets, backed by a16z crypto and other crypto-focused venture firms and angel investors.

Freatic frames its distinguishing approach as engineering-driven mechanism design for incentive-compliant, permissionless protocols combined with modern cryptography, aiming to remove the need for trust in information trades rather than relying on reputation or informal networks.

Technology

The company applies advanced encryption schemes to let information flow securely and exclusively between participants, combined with game theory and incentive-compliant mechanism design. It states it has developed a systematic methodology for designing sustainable decentralized mechanisms, drawing on engineering design tools and techniques from the aerospace industry. Prior applications were deployed on Arbitrum and Polygon.

Go-to-market

Products are launched publicly as consumer-facing crypto applications and social agents, including an interactive agent on X, with community channels on Telegram, X and a company blog, and code published on GitHub.

Holders of untapped or non-public information β€” described as alpha hunters β€” and actors with the capacity to act on such information, including crypto traders and investors; earlier products served investors seeking early-stage crypto deal flow.

History

The team originated with hotnewcrypto, a service operating from 2020 to 2023 that curated early crypto projects for investors. It then moved to experimental decentralized information projects β€” The Alpha Factory on Polygon and Capture The Alpha on Arbitrum β€” followed by words.fun, and subsequently focused on Murmur and Mix2Pump. In September 2023 the company announced a $3.6 million seed round led by a16z crypto.

Compiled by commissioned research from 5 cited public sources β€” announcements, filings, and press listed under research sources below.

Timeline Β· 4

launches, deals, and filings
Jan 2024
Murmur introduced

The company published a blog post introducing Murmur, a decentralized platform for exchanging untapped information that rewards contributors of alpha.

source β†—

Sep 2023
Freatic raises $3.6M seed round led by a16z crypto

Freatic announced a $3.6 million seed round led by Andreessen Horowitz's crypto arm, with participation from Anagram, Archetype, Not3Lau Capital, Robot Ventures and Arweave, among others. The capital is intended to build the building blocks of its information-exchange protocol.

$3.6M source β†—

Jan 2023
hotnewcrypto concluded

hotnewcrypto operated from 2020 to 2023 and is listed in the company's archive of previous applications.

source β†—

Jan 2020
hotnewcrypto launched

hotnewcrypto, a service that detected, curated and ranked early crypto projects on a leaderboard, operated from 2020 to 2023 and connected investors with pre-launch crypto startups.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 5

primary sources listed

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Freatic do?
Freatic builds Murmur, a decentralized platform that lets holders of untapped information monetize it using cryptography and game theory.
Who are Freatic's investors?
Freatic's investors include a16z crypto, Andreessen Horowitz, Archetype, Electric Capital, Placeholder.