ForcefiPrice

(FORC)

Forcefi operates as a permissionless and decentralized incubator designed to streamline token launches for promising Web3 projects. Its core function is to effectively connect these nascent projects with essential industry professionals, referred to as curators (such as advisors and service providers), and potential investors. This setup facilitates a more efficient and supported journey for new projects entering the decentralized space.

The Forcefi core team includes Mihails Skoblovs as the Founder & CEO, leading the project's vision and strategy. Dimitris Tsapis serves as the Chief Marketing Officer (CMO), focusing on market outreach and brand development. Michele Zilocchi contributes expertise in Tokenomics and Business Strategy, while Ilmārs Kozlovs leads the technological development as the Chief Technology Officer (CTO). This diverse team brings a blend of leadership, marketing, strategic, and technical skills to the project.

The total supply of FORC tokens is capped at 1,000,000,000 FORC. This supply is strategically distributed across various categories: specific allocations are designated for private sales, public sales, and the core team members. Further portions are allocated to advisors, marketing initiatives, strategic partnerships, and community incentives. This distribution model aims to ensure sustainable growth, reward early supporters, and foster community engagement within the Forcefi ecosystem.

Forcefi places importance on the security of its smart contracts. The project explicitly states that its token vesting mechanisms are governed by smart contracts that have already undergone independent audits. SolidProof is specifically listed as one of the auditors responsible for reviewing these contracts. This proactive approach to auditing aims to enhance the trustworthiness and reliability of the platform's core functionalities, especially those related to token handling and distribution.

While the specific method for token distribution in public sales is customizable by the project launching on Forcefi, there's a key requirement for investors to register for upcoming sales. To qualify, users must stake a minimum of 2500 FORC tokens. This staking mechanism acts as a gateway for participation, ensuring a certain level of commitment from potential investors and aligning their interests with the platform's ecosystem.

Forcefi's reputation system initially functions as a platform-based scoring mechanism. It is designed to evaluate both projects and curators based on an aggregate of various factors and key performance indicators (KPIs). This scoring aims to provide a transparent assessment of participants' reliability and contribution. Looking ahead, Forcefi has future plans to bridge this reputation system on-chain, which would further enhance its transparency, immutability, and decentralization within the Web3 environment.