New York, NY, September 3rd, 2024, Chainwire
Forgd, the leading token advisory and optimization platform, has unveiled its groundbreaking free web platform. This platform offers blockchain projects unlimited access to cutting-edge tools for tokenomics design, liquidity monitoring, cap table management, and financial planning. By removing financial barriers and consolidating services, Forgd revolutionizes the Web3 Advisory industry to support token issuance.
Launching a token comes with intricate challenges, often leading blockchain projects to engage multiple external advisors for various tasks. This approach can be costly and inefficient due to the lack of end-to-end solutions. Forgd disrupts this norm by providing free software tools that cover all essential go-to-market activities and enhance token performance post-launch. With a self-service model, teams can now execute tasks at their own pace.
“Our tools were created to simplify the token launch process and streamline it into an end-to-end application, catering to the needs of tech founders operating in Web3,” stated Shane Molidor, CEO and Founder of Forgd. “By offering DIY software tools, we not only reduce costs but also enable teams to focus on product innovation rather than complex capital market activities.”
Shane Molidor, a seasoned cryptocurrency expert, has led various prominent roles in the industry. Forgd recently strengthened its capabilities by acquiring Tokenomics DAO, a renowned research institution specializing in tokenomics and protocol design.
For blockchain projects yet to launch their token, Forgd assists in designing tokenomics, conducting cash flow analysis, preparing for fundraising, securing partnerships with market makers and exchanges, and handling administrative tasks like offshore company formation. For projects with an active token, Forgd offers tools for monitoring market maker performance, token unlocks, automated token streaming, and non-custodial liquidity provision.
In a strategic collaboration, Forgd has partnered with the Solana Foundation to provide exclusive tools for projects on the Solana blockchain. This initiative underscores Forgd’s commitment to supporting scalable blockchain ecosystems and promoting project growth.
“We are excited to work with the Solana Foundation to offer our tools to Solana’s dynamic developer community,” said Florian Strauf, CTO of Forgd and Founder of Tokenomics DAO. “This partnership showcases our dedication to creating public goods that empower blockchain entrepreneurs, and we look forward to collaborating with other base layer blockchains for comprehensive cross-chain support.”
Forgd reveals that over 250 projects have already benefited from its innovative tools, such as “AMM²”, a non-custodial market making protocol empowering projects to act as their liquidity provider across major exchanges with automated rebalancing.
“The response since our private beta launch in Q1’24 has been phenomenal,” shared Shane Molidor. “Our team is committed to ongoing innovation and the development of new tools to empower Web3 entrepreneurs in launching and scaling their projects.”
For more details about Forgd and its services, visit Forgd.com.
About Forgd:
Forgd is a pioneering token advisory and optimization platform offering free software tools for blockchain founders to launch and expand their projects.
As a public good, Forgd is reshaping Web3 advisory by granting blockchain projects free access to specialized capital markets tools like tokenomics modeling, liquidity monitoring, cap table management, exchange listing, and financial planning. In addition to its self-service software tools, Forgd provides personalized consulting services for teams seeking additional guidance, catering to a wide range of projects from DIY enthusiasts to those requiring white-glove support.
www.x.com/forgd_
Contact Marketing Dan Mulligan Forgd dan@forgd.com