Dear community,
Over the past few months, we’ve talked about our product’s potential in the context of its three main segments — projects, curators, and investors. Today, we go into the nuts and bolts of each category to explain what you can expect when joining any of these groups. The goal is to highlight how all segments can work in harmony, creating a feedback loop that rewards your experience on the platform.
A quick overview
Forcefi’s core value proposition is possible by bringing together three different groups.
Early-stage projects and their core teams form the first one. They join Forcefi to seek assistance for their project at an early stage, hoping to get more connections, education, and access to opportunities.
Curators are industry professionals who help projects achieve their individual goals. They assist early-stage teams in their particular field of experience and get rewarded for doing so. Curators include investors, advisors, technical and non-technical experts, as well as KOLs. In many cases, curators help a project launch its token successfully.
This is where investors, our third pillar, come in. Investors are users who want to learn more about the listed projects, contribute as early users, and participate in their public sales. The interest of investors is directly related to the quality of the project and the work of its curators.
Digging Deeper — Projects
At this early stage, teams can list their project on Forcefi for free. Upon doing so, we plan an introduction call to better understand their needs. This call is attended by the core team and is not meant to act as a sales call. By helping you find solutions to your problems, we will know who to connect you with.
Following the call, we make some first introductions with partners and close associates who could help you out. Each person we recommend comes from our network and does not have a monetary affiliation with us. We perform a rigorous selection process to qualify each person we introduce to our listed projects.
We also invite you to join biweekly feedback calls, where we act as accountability partners that help you keep track of your progress. Some of our curators will be joining these calls to give you feedback as well. Sometimes, calls will be accompanied by educational materials that you can study on your own accord. These are meant to improve your knowledge of the roles you are lacking at the moment.
As you may be able to tell, projects listed on the free tier do not perform many actions within the platform of Forcefi itself. Instead, the platform acts as a portal that opens up numerous opportunities. This, however, changes when you upgrade to a paid tier.
Explorer tier — Access curators
We previously described the contents of each paid plan. In short, by making a one-time payment, you ‘unlock’ platform features that help you take advantage of our product to the fullest. This impacts the things you can do on our platform as a newly listed project.
The Explorer plan gives you access to our curator database, which you can use to make new connections and start conversations. Each curator has a dedicated tab that highlights their expertise, bio, and social media channels.
You can invite them to connect with you by clicking on the ‘Match’ button. This will send a notification to the curator that you are interested in working with them. If the curator accepts your invite, an external Telegram group is created, moving the conversation to a channel you are more familiar with. If an agreement is made, the expert will be listed as a curator of your project, which will be visible in your project listing. This, in turn, will help more investors discover your project.
Aside from giving access to our curator database, we also step in as account managers, making introductions with curators that we feel are a good fit for your team.
Accelerator tier — Launch a project
The accelerator tier is meant for projects that need more hands-on assistance than the explorer tier. You still get everything in the Explorer pack, but there is more! Here, we make intros to trusted partners who can help you with better deals than when reaching out to them directly. We can even join calls to help both parties clarify the details of a collaboration.
Depending on the ecosystem you are part of, we make an active effort to assist your BD by making more introductions to relevant projects that can boost your co-marketing while increasing your authority. Again, these connections are not made on the platform, but rather through personal Telegram intros.
The main action you unlock on Forcefi is that is free token launches. Instead of paying large amounts of money to join a launchpad or IDO platform, we offer you the opportunity to do it for free, while using our curators to amplify your reach. The investors you will end up attracting are directly related to the strategy you set up with the curators you onboarded.
Note that token launches have a ‘fundraise fee’ between 3%-5%. After a sale is completed, the majority of the fundraising fee is redistributed back to curators who helped your project launch, further lowering the costs of working with them before the launch of your token.
Digging Deeper — Curators
Let us start by saying that you will find a detailed introduction to the scope of Curators in our docs. In this chapter, we will describe the current and future actions that curators can take when joining Forcefi.
Curators are currently handpicked by our team based on their qualifications. The section process, as mentioned above, is personalized and based on their prior experience. If you end up being onboarded as a curator you can significantly increase your income potential by getting a stream of new projects to work with.
But how does this look practically? When you first join Forcefi as a curator, you can browse through the list of projects on the platform and explore it in more detail. Read through the docs, connect with the team, explore their social media, and get a ‘feel’ of their growth to this point.
Each project that requires assistance from curators will indicate the areas where they need support. As a curator, you will be able to apply to each project that seems relevant by clicking on the ‘Match’ button.
Similar to projects, this button will send a notification to the recipient, informing him of your intention to connect. You can also add a personalized message to the invite. When a connection is made, the two parties can discuss through a Telegram chat to form a deal and start a collaboration. The curator is onboarded to the project and the partnership becomes public through a label on the project listing.
We are currently building two additional functions to help curators optimize their experience on the platform.
- First, an escrow smart contract will hold the funds of the project until a curator completes their work. Once both parties sign the success of a collaboration, the amount is released to the curator.
- Second, a button that will enable curators to upvote or downvote a project based on their independent research. This will enable a large number of experts to vote for the potential of a project, helping investors make better choices. This brings us to the third pillar.
Digging Deeper — Investors
Investors form the third and final pillar of our structure. This segment includes everyone who is looking to purchase tokens at their earliest stage. Investors are mainly interested in the token launch functionalities of Forcefi, as they act similarly to that of an IDO platform. There is one difference, however — Forcefi does it in a decentralized way.
Since there are no gatekeepers to listing and launching a project, we expect many people to try and take advantage of our features to sell a token they will later abandon. This is where curators come in. By giving a vote of trust and working with projects, curators help filter promising projects to the top of the list, earning a good reputation along the way. The score of a project (also known as trust score) is formed through an aggregation of different metrics that constitute the legitimacy of the project. This includes KYC of the team, a legitimate company behind the venture, connections to ecosystems, and more.
Each time a project launches a public sale on the platform, investors will be able to check out its documentation, apply to participate in its sale and obtain tokens in an ICO-like manner (first come first served). This has historically been one of the most rewarding token sale methods for investors.
By connecting investors with projects that are backed by curators, all three parties can create opportunities that help them make money. Investors are the ones who can benefit from such opportunities with the least possible input — all they need to do to participate is stake 500 FORC tokens, an amount that is much lower than any IDO platform.
A final note
Forcefi is not a Launchpad and its product is not exclusive to early-stage projects. The main idea behind our product is that of a community platform that independently helps the industry evolve. If your network is a problem, we can help you get the intros you need. If money is a problem we can help you raise it. And if reputation is a problem we have the right people to help you build it.
If you haven’t done so yet, make sure you join Forcefi and start making improvements to your project today. Let our team get in contact with you so we can see how we can help you reach your targets in the best way possible!
