Fore Protocol (FORE)ICO FORE Protocol is a peer-to-peer predictions protocol that enables users to create, participate in, and validate prediction markets in a dynamic and play-to-earn format. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
What is Fore Protocol
FORE Protocol has created a tokenized incentive economy to mobilize (and reward) the wisdom of the crowd to problem-solve at scale. In doing so, FORE Protocol utilizes a decentralized network of people to bridge the gap between the real-world and the blockchain: forming the foundation for web3 solutions that remove friction from real-world industries. A myriad of decentralized applications can be built on this infinitely-scalable architecture, including:
- FORE PREDICT (a peer-to-peer predictions platform)
- FORE ORACLE (a crowd-sourced decentralized oracle)
- FORE SIGHT (a business intelligence application)
- FORE AUDIT (crowdsourced financial auditing tool)
- FORE RESOURCE (HR management tool)
FORE Predict, the first decentralized application (or dApp) built on FORE Protocol is democratizing, decentralizing, and disrupting the predictions market by building an infinitely scalable peer-to-peer predictions protocol, powered by people. Users can enter a limitless world of predictions spanning sports, current affairs, crypto, and more, and enjoy zero counterparty risk, better odds, and incredibly low fees.
DetailsPublic sales: Jun 21, 2023 - Jun 30, 2023Token supply: 1,000,000,000 FORE Total tokens for sale: 350,000,000 FORE Hard cap: 9,250,000 USD LegalRegistration year: 2021 | Token infoTicker: FOREType: Utility-token Token price in USD: 1 FORE = 0.04 USD Token distribution: Seed Round - 10% Private Round - 20% Public Round - 5% Team - 6.5% Foundation - 25% Marketing - 12% Development - 6.5% Advisors - 6.5% Liquidity - 8.5% |
Fore Protocol Roadmap
Core team built: We’ve built a global team of 25+ experienced executives, entrepreneurs, data scientists, developers, marketing strategists, and creatives from Fortune 500 companies, leading DeFi projects, global ad agencies, and the largest hedge funds in the world.
Strategic partners secured: Partnerships secured to date include leading sporting entities, world-renowned casinos and bookmakers, and prominent blockchains and crypto entities - with many more in the pipeline.
Seed round filled: FORE's seed round accounts for 10% of supply (and $1,750,000 of the total raise). Our seed round is closed, having largely been filled by co-founders, team members, and strategic partners.
Polygon chain integration: with the goal to become a chain-agnostic protocol for ultimate accessibility, FORE's MVP is currently built on the Polygon blockchain for some of the lowest fees and fastest settlement in market. The integration of other EVM-compatible chains such as Ethereum, Avalanche, Fantom, and more will be implemented in the near future (determined based on user demand).
Private testnet live: Unlike most blockchain companies that come to market with nothing but an idea and a whitepaper, we’ve bootstrapped development to build FORE Predict before launch. We’ve built a complete beta version of the protocol that allows real users to test our core functionality (create, participate in, and validate markets), as well as additional features such as a fully-functional NFT marketplace, portfolio pages that synthesize user activity, and a leaderboard page that forms the foundation of our gamification strategy.
Community launch: To communicate the power (and reward) of a people-powered network driven by incentives ahead of protocol launch, our community launch will cultivate an environment of meritocracy by rewarding and promoting members proportionate to their level of participation and value to the ecosystem.
Hackathon live: FORE Predict’s public test net will be live to the community alongside a hackathon, designed to utilize and incentivize a global community to collaboratively stress-test FORE’s MVP, while generating leads and prospective users. We want to invert the traditional narrative around early system errors, faults, and bugs by cultivating an exciting environment where the smartest minds in the industry (and beyond) can collaborate and contribute to the FORE ecosystem to build a truly people-powered network - and be rewarded for doing so.
Private round filled: The majority of our private round (accounting for 20% of total supply and $5,500,000 of our raise) has been filled by strategic partners in the betting, sports, and crypto space. Select community members will have the opportunity to participate in the remainder of the private round.
Token Generation Event: FORE’s Linear Distribution TGE (Token Generating Event) is planned to take place in Q1 2023, at which point 1,000,000,000 FORE tokens will be minted. After this date, no new tokens will ever be minted, and FORE’s hyper-deflationary model will ensure that total supply will never reach circulation.
IDO + listing on CEXs: Our plan is to take a three-tiered approach to FORE’s public sale and listing in order to drive maximum awareness and accessibility of the token: including an IEO on an exchange, IDO on various launchpads, and listing on relevant DEXs.
FORE Predict launch: The launch of FORE Predict signifies not the start of revenue generation (for FORE and our users). As the rate of deflation of FORE token is directly proportional to activity on the protocol, launch will kick-start FORE's hyper-deflationary token model.
NFT marketplace live: The launch of the NFT Marketplace signifies the start of yet another revenue stream (for FORE and our users). In order to earn rewards through successful validation, users must lock and burn FORE in order to mint an Analyst NFT. Analyst NFTs (and other NFT types) can be listed and traded on FORE’s NFT marketplace.
Fiat on/off ramp live: Decentralized prediction markets have failed to capture market share from traditional markets due to the difficulty in onboarding newcomers into DeFi. FORE Predict will have a fiat onramp from launch to enable access via Apple Pay, Samsung Pay, Visa, Mastercard, bank transfers, and more - allowing ANYONE to use the platform.
Gamification seasons start: We have seen little innovation or focus on user experience in DeFi predictions protocols, and a critical lack of focus on UX to encourage participation. FORE gamifies decentralized predictions to bring “play- to-earn” to betting, tapping into innate needs for entertainment, status, prestige, and reputation.
Partnerships and sponsorships: Partnering with third parties with audiences of scale will allow us to bring greater attention to the protocol, both within and outside of the blockchain space.
Secondary market launch: FORE Predict is the first predictions market leveraging NFTs to maximize value extraction for users. Since value accrues directly to the owner of the NFT, we are creating a dynamic and liquid secondary market for these assets.
EVM chain integrations: With the goal to become a chain-agnostic protocol for ultimate accessibility, EVM-compatible chains such as Ethereum, Avalanche, Polygon, and more will be integrated based on user demand and ecosystem value.
- Mobile app
- FORE ORACLE
- FORE AUDIT
- FORE RESOURCE
- FORE SIGHT
2 Responses
Pretty sure this project is a rug pull
Apparently they scammed their employees and haven’t paid them