New York, NY – Forgd, a leading token advisory and optimization platform, is setting new industry standards by offering unrestricted access to its suite of Web3 advisory tools at no cost. The announcement, made from its headquarters in New York, marks a significant shift towards democratizing services in tokenomics design, liquidity monitoring, and financial planning, historically marred by high costs and complexity.
Breaking Down Financial Barriers in Web3 Advisory
Traditionally, blockchain projects face high financial and operational hurdles when launching new tokens, often needing to hire multiple advisors for market making, tokenomics, and exchange listing services. Forgd addresses these challenges by providing a comprehensive, free-to-use platform that simplifies and streamlines the go-to-market process for token launches.
Shane Molidor, CEO and founder of Forgd and a veteran in the cryptocurrency space, emphasized the platform’s role in reducing costs and operational inefficiencies. “Our DIY software tools not only mitigate costs but empower teams to focus on product innovation instead of getting bogged down by complex capital market activities,” Molidor explained.
Comprehensive Tools and Strategic Partnerships
Forgd’s platform offers an array of tools supporting projects from pre-launch to post-launch phases, including tokenomics design, partnership facilitation with market makers and exchanges, and administrative support such as offshore company formation. For live projects, the platform provides capabilities to monitor market maker performance and manage token unlocks, among other features.
A notable enhancement to Forgd’s offerings is its recent acquisition of Tokenomics DAO, a research institution that brings additional expertise in tokenomics and novel protocol designs, further enriching the resources available to users.
Collaboration with the Solana Foundation
In a strategic move, Forgd has teamed up with the Solana Foundation to offer select tools exclusively for projects developed on the Solana blockchain. Florian Strauf, CTO of Forgd and founder of Tokenomics DAO, highlighted the partnership’s alignment with their mission to support scalable blockchain ecosystems and foster growth among blockchain entrepreneurs.
Community Response and Future Outlook
Since its private beta launch in early 2024, Forgd has received overwhelmingly positive feedback, with over 250 projects benefiting from its innovative tools, such as the “AMM²” non-custodial market making protocol. “The enthusiastic response motivates our team to continue developing new tools that empower Web3 entrepreneurs to launch and scale their projects,” Molidor added.
Forgd continues to push the boundaries of what is possible in Web3 advisory services, proving that access to sophisticated financial tools can be both universal and cost-effective.
For more information about Forgd and to access its tools, visit Forgd.com.
About Forgd: Operating as a public good, Forgd provides free, sophisticated tools for tokenomics modeling, liquidity monitoring, cap table management, and financial planning, alongside tailored consulting services for those needing additional guidance. This dual approach ensures that Forgd can support a broad spectrum of blockchain projects, from those favoring a DIY approach to those seeking more comprehensive, hands-on assistance.
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