As a seasoned crypto investor with over a decade of experience under my belt, I find the launch of Forgd to be a game-changer in the blockchain landscape. Having worked closely with various exchanges and capital firms like AscendEX, FBG Capital, and Gemini, I’ve seen firsthand the complexities and costs associated with token launches.
New York, NY, September 3rd, 2024, Chainwire
Created, a token advisory and optimization platform, declared the commencement of its complimentary web-based platform, offering unlimited access for blockchain initiatives to tools pertaining to tokenomics design, liquidity tracking, shareholder record management, and financial forecasting. Forgd removes monetary obstacles inherent in conventional Web3 Advisory and streamlines an otherwise disparate services sector geared towards aiding blockchain projects during their token issuance process.
A token launch entails intricate difficulties, causing numerous blockchain initiatives to recruit several external consultants for tasks such as modeling token economics, engaging market makers, and securing exchange listings. These consultations can be expensive and frequently result in operational inefficiencies due to the fact that most advisors don’t manage an entire process from start to finish. Forgd tackles these issues by offering free software tools for handling all crucial pre- and post-launch activities, thereby improving token performance. This “DIY” approach to Web3 consulting enables teams to work at their own pace.
Shane Molidor, CEO and Founder of Forgd, stated that a significant portion of tasks related to a token launch often fall outside the expertise of typical tech founders. To address this issue, we’ve developed a collection of tools designed to make the process more straightforward and efficient within an all-encompassing application. The creation of Forgd was inspired by the consistent requirements of Web3 founders that we have observed. Our user-friendly software not only reduces costs but also enables teams to focus on product development, rather than engaging in specialized activities within capital markets.
Shane Molidor, with a decade-long experience in cryptocurrency, previously held leadership roles such as CEO of AscendEX, Head of Trading at FBG Capital, and Business Development Associate at Gemini. Recently, Forgd has strengthened its abilities by taking over Tokenomics DAO, a research institution specialized in tokenomics and innovative protocol development.
For blockchain initiatives that haven’t debuted their token yet, Forgd offers assistance in creating token economics, analyzing cash flow, planning fundraising, establishing partnerships with market makers and exchanges, and managing administrative tasks like offshore company establishment. For projects whose token is already live, Forgd provides tools to monitor market maker performance, manage token unlocks, automate token streaming, and even offer non-custodial liquidity provision.
To boost its strategy, Forgd has partnered with the Solana Foundation, offering a few specialized tools only to projects developed on the Solana blockchain. This partnership highlights Forgd’s dedication towards nurturing scalable blockchain environments and encouraging project expansion.
“Florian Strauf, CTO of Forgd and Founder of Tokenomics DAO, expressed his excitement about teaming up with the Solana Foundation. This partnership allows us to share our tools with Solana’s bustling developer community. This collaboration underscores our commitment to developing public resources for blockchain innovators. We’re eager to work with other base layers of blockchain to establish a unified, cross-chain support system.”
Reports indicate that more than 250 projects have gained advantages by utilizing Forgd’s innovative tools, including “AMM²”, a decentralized market-making protocol which allows projects to function as their own liquidity providers on prominent exchanges and automatically adjust balances.
According to Shane Molidor, the enthusiastic feedback received following our private beta release in Q1’24 has been astonishing. Our team is inspired to keep pushing boundaries and create more resources to help Web3 innovators bring their own projects to life and grow them successfully.
For more information about Forgd and its services, users can visit Forgd.com.
About Forgd:
“Forged is a toolkit for token advisory and optimization, offering free software solutions for entrepreneurs in the blockchain sector to start and expand their initiatives.”
As a public benefit entity, Forgd is transforming the landscape of Web3 consulting by offering complimentary access to advanced capital markets resources like token economics modeling, liquidity tracking, shareholder management, exchange listings, and financial strategy planning to blockchain initiatives. Beyond its self-service software solutions, Forgd also provides customized consultancy services for teams requiring additional guidance. This versatile method enables Forgd to cater to a wide array of blockchain projects – from DIY enthusiasts to those preferring premium support – thereby ensuring that both accessibility and expert advice are easily accessible.
www.x.com/forgd_
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Marketing
Dan Mulligan
Forgd
dan@forgd.com
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2024-09-03 17:42