Forward Protocol is creating WordPress for Web 3.0. Their main product is a suite of blockchain toolkits requiring no code or technical knowledge that will enable anyone to build and deploy blockchain applications.
Dec 13, 2021 00:00:00
Dec 14, 2021 00:00:00
ICO Details
What Is Forward Protocol?
Forward Protocol is creating WordPress for Web 3.0. Their main product is a suite of blockchain toolkits requiring no code or technical knowledge that will enable anyone to build and deploy blockchain applications.
By using a similar model to that of WordPress, Forward will help increase blockchain technology adoption and its capabilities. These toolkits are blockchain agnostic, industry agnostic, bull & bear agnostic, adoption focused and can be deployed for free. Their goal is to create a protocol that is simple to use with no code or technical knowledge needed, allowing users to deploy their own app – in any EVM chain – with no programming skills. Forward Protocol tackles the barrier of entry to the blockchain/Crypto/Web 3.0 space. They provide institutions with a time-and-cost-effective solution and path towards blockchain integration. At the same time, they empower the community, by providing an open-source, decentralized infrastructure platform that allows anyone, anywhere to build and deploy fully functionable blockchain applications. Moreover, Forward has several strategic partners that add enormous value to their innovative product.
The platform and infrastructure of Forward Protocol aims to make everyone’s lives easier in building and deploying blockchains applications. This has the potential to empower and equip individuals and organizations around the world, creating yet another possibility of applying ideas, and generating wealth and financial freedom. The potential effect on local communities and citizens that stems from equipping individuals – with a no code interface – with the ability to build and deploy blockchain applications cannot be underestimated.
Forward Protocol Unique Features
Updating…
Roadmap
Forward Protocol Token Economy
The money people spend on services as stable coins (in any smart contracts), go back to buy FORWARD tokens to use as rewards, which means the smart contract has to buy the token from the market everytime it has to issue a reward.
As an example, if a service is bought for $1000 (paid in stable coin), and a reward of $100 is issued in FORWARD, the reward tokens have to be bought from the market.
So every partner, with every smart contract, will keep buying Forward tokens from the market constantly every hour to get their applications rewarding users and working, creating demand for the tokens in bull and bear markets – as adoption focused real world businesses cannot shut down if crypto markets are in bear period.
People will be incentivized to keep FORWARD in their wallets for longer periods of time with lower fees for holders, prioritization for holders, staking, lp staking and other benefits. This also has a governance aspect. If people want to vote and change things, they need to be holding FORWARD tokens.
FORWARD token is similar to the BNB of Binance. The more tokens a person holds, they get the opportunity to participate in more areas in the ecosystem, and will benefit with lower fees.
During launch, a Burning Event will take place with Kucoin for marketing purposes.
Detailed Token Metrics
| Seed Sale | ||
|---|---|---|
| Fundraised: | $500,000 | |
| Price: | $0.0025 | |
| Lock-up: | 8% on TGE, 3 months cliff, then 15.333% on a monthly basis |
| Private Round | ||
|---|---|---|
| Fundraised: | $750,000 | |
| Price: | $0.0040 | |
| Lock-up: | 10% on TGE, 3 months cliff, then 30% on a monthly basis |
| Public Sale | ||
|---|---|---|
| Fundraise: | $200,000 | |
| Platform Raise: | $95,000 + $5,000 Community Round | |
| Price: | $0.0050 | |
| Lock-up: | 25% on TGE, 3 months cliff, then 25% on a monthly basis |
Token Distribution
Token Release Schedule
Partners & Advisors
Team Members
Investors
AU21 Capital, X21 Digital, Magnus Capital, ZBS Capital, Darkpool Ventures, PrivCode Capital (MXC Exchange), MarketAcross, Tokenova.