Forgd reinvents web3 consulting with free tools for the TOKENOMICS design
Forgd reinvents web3 consulting with free tools for the TOKENOMICS design
New York, NY, September 3, 2024, Chainwire
Forgd A platform for token advice and optimization, announced the start of its free web platform, the blockchain project without restriction to tool for tools Tokenomics design, liquidity monitoring, CAP Table Management and Financial Planning offers. ForGD eliminates the financial barriers associated with the traditional web3 counseling, and consolidates an otherwise fragmented service industry that is designed to support blockchain projects in issuing a token.
The introduction of a token brings complex challenges, which is why many blockchain projects hire several external consultants for tasks such as Tokenomics modeling, market maker engagement and listing. These engagements can be expensive and often lead to operational inefficiencies, since only a few consultants operate an end-to-end process. ForGD meets these challenges with free software tools to carry out all important go-to-market activities and to optimize token performance after the introduction. This “self-service” approach to web3 consulting enables the teams to work at their own pace.
"Many of the tasks associated with the introduction of a token are outside the competence of a typical tech founder. That is why we have developed a number of tools to rationalize and simplify the process in an end-to-end application," said Shane Molidor, CEO and founder of Forgd. "Forgd was developed in response to the recurring needs of founders that we have observed in Web3. Our DIY software tools not only reduce the costs, but also enable the teams to focus on product innovations instead of specialized capital market activities."
Shane Molidor is a 10-year-old cryptocurrency veteran who previously worked as a CEO of Ascendex, Head of Trading at FBG Capital and Business Development Associate at Gemini. Forgd recently expanded its capacities by taking over tokenomics Dao, a research institution that focuses on Tokenomics and new protocol design.
For blockchain projects that have not yet introduced your token, ForGD will help you develop tokenomics, the implementation of cash flow analyzes and prepare for the creation of the middle, set up partnerships with market makers and stock exchanges as well as in coping with administrative tasks such as the establishment of offshore companies. For projects with a live token, ForgD Tools offers to monitor the performance of market makers and token activation, for automated token streaming and even to provide liquidity.
In a strategic step, Forgd has merged with the Solana Foundation in order to provide selected tools for projects based on Solana blockchain. This cooperation underlines the commitment of ForGD to support scalable blockchain ecosystems and to promote project growth.
"We are very happy about the cooperation with the Solana Foundation in order to be able to offer our tools to the dynamic developer ecosystem of Solana," said Florian Strauf, CTO of Forgd and founder of TOKENOMICS DAO. "This strategic direction underlines our commitment to the creation of public goods to support blockchain entrepreneurs and we look forward to the partnership with other blockchain base layers in order to create extensive cross-chain support."
Forgd reports that over 250 projects of the use of his pioneering tools , such as "amm²" Market-Making protocol that enables projects to act on all major stock exchanges with automatic new weighting as liquidity providers.
"The positive response since our private beta start in the first quarter of 2024 was overwhelming," commented Shane Molidor. "Our team is motivated to continue to develop innovations and develop new tools to support Web3 entrepreneurs who want to start and scale their own projects."
Further information on ForGD and its services can be found under forgd.com .
about forgd
Forgd is a token-advisory and optimization platform with free software tools for blockchain founders for starting and scaling your projects.
ForGD acts as a public asset and reinvented web3 consulting by blockchain projects free access to specialized capital market instruments How tokenomics modeling, liquidity monitoring, cap Table Management, stock exchange nopy and financial planning. In addition to his self-service software tools, Forgd offers tailor-made consulting services for teams who are looking for additional advice. With this approach, ForGD can operate a wide range of blockchain projects, from do-it-yourselfers to those who prefer first-class support, and make sure that accessibility and expert aid are available at any time.
www.x.com/forgd _
Contact
Marketing Daniel Mulligan
forgd
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Source: Coinlist.me
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