Forward Protocol

Introducing Forward Protocol

Introducing Forward Protocol, a groundbreaking solution poised to revolutionize blockchain adoption. Recognizing the formidable barriers hindering entry into the blockchain sphere---ranging from high capital investment to technical expertise---Forward Protocol pioneers a transformative approach. By offering a no-code interface akin to WordPress for Web 3.0, it empowers users to effortlessly create blockchains, subnets, and dApps, thereby democratizing access to this cutting-edge technology. Through Forward Factory, a comprehensive toolkit, organizations can swiftly navigate the complexities of blockchain integration, from conception to execution, in a matter of minutes, without hidden costs or extensive development timelines.

At the heart of Forward Protocol lies a commitment to inclusivity and decentralization. By fostering a social ecosystem that fosters collaboration among ideas, resources, and markets, it cultivates a vibrant landscape where innovation thrives. Furthermore, Forward Protocol ensures the sustainability of its ecosystem by providing avenues for developers and designers to monetize their creations, thus reinforcing a symbiotic relationship that underpins its decentralized ethos. With Forward Protocol, the future of blockchain adoption is not only feasible but also accessible to all, ushering in an era of global inclusion and technological empowerment.

Features & Products

• Forward Factory
  • Deploy dApps
  • Deploy Blockchains
  • Deploy Subnets
  • Deploy Validators
  • Validator's Marketplace (Hire Validators)
• Forward Chain
• Forward Explorer
• Forward Bridge
• Multiple Consensus
• Forward Validator SDK

Revenue Streams

• A 20% commission on developer and designer fees that they charge for the use of their templates through the Forward Marketplace (fixed deployment fee, a monthly/annual fee, a transaction fee, or a percentage of the transaction fee) like App Store or Play Store. All smart contracts will first attempt to deduct fees from the deployer's pre-purchased token pool, otherwise, they will acquire tokens from the open market as necessary to fulfill the transaction.

• 0% markup on gas fees by the chain

• Every transaction on the Forward Chain requires gas to be paid in $FORWARD

• When a blockchain or subnet is deployed, there will be a fixed cost incurred for the deployment and an annual renewal cost paid in $FORWARD.

The way the protocol makes money is by increasing dApps, blockchains, and subnets deployed, and increasing usage of the same.

Roadmap

Tokenomics & Token Utilities

• Token Ticker: $FORWARD

• Token Standard: BEP-20

• Network: BNB Smart Chain

• Total Supply: 5,000,000,000

Forward Protocol's CoinMarketCap page.

$FORWARD token has officially been listed on Kucoin, MEXC and PancakeSwap

$FORWARD contract address: 0x886640149E31E1430FA74Cc39725431eb82ddFB2

2,500,000 $FORWARD tokens will be sold with a discount ranging from 10% to 20%, and the vesting period will vary from 10 days to 20 days depending on the discount percentage.

$FORWARD plays a crucial role within the Forward Protocol's Ecosystem, offering diverse functionalities:

• Pay for protocol fees and developer fees by the dApp deploying user
• Pay for the validator fees by the blockchain or subnet deploying user
• Pay for blockchain or Subnet annual fees for Forward Factory (like Runcloud)
• Pay for gas tokens of Forward Chain and subnets (Like Wordpress.com self hosting)
• Non-reward staking to be part of the Developers' DAO to earn from approving/declining developer submissions to earn rewards from developer's income (sourced from the payment by the deploying user to the developer)
• Non-reward staking by a developer to commit and be able to deploy templates on Forward Factory. On non-compliance to the standards set, the stake may be used for penalizing (like a security deposit)
• Delegate to a validator
• And other protocol-level utilities

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