Forgd, a new token advisory and optimization platform, has unveiled its free web-based tools designed to streamline the token launch process for blockchain projects. This initiative aims to remove financial barriers associated with traditional Web3 advisory services by offering comprehensive resources for tokenomics design, liquidity monitoring, cap table management, and financial planning—all at no cost.
Token launches often require extensive expertise and can be costly, leading many blockchain projects to engage multiple advisors for various tasks such as tokenomics modeling, market maker engagement, and exchange listings. Forgd seeks to address these challenges with its integrated suite of software tools, which cover essential go-to-market activities and optimize token performance post-launch. By providing a “self-service” model, Forgd allows teams to manage their token launch at their own pace and reduces operational inefficiencies associated with using multiple advisors.
Shane Molidor, CEO and Founder of Forgd, emphasized the platform’s role in simplifying the token launch process. “Many of the tasks involved in a token launch are outside the expertise of a typical tech founder, which is why we created a set of tools to streamline and simplify the process in an end-to-end application,” Molidor said. “Forgd was built in response to the recurring needs of founders we’ve observed in Web3. Our DIY software tools not only reduce costs but also allow teams to concentrate on product innovation rather than specialized capital market activities.”
Molidor, a veteran in the cryptocurrency space with a decade of experience, previously held leadership roles at AscendEX, FBG Capital, and Gemini. Forgd recently bolstered its offerings by acquiring Tokenomics DAO, a research institution specializing in tokenomics and protocol design.
For blockchain projects yet to launch their tokens, Forgd offers tools for tokenomics design, cash flow analysis, fundraising preparation, market maker and exchange partnerships, and administrative tasks such as offshore company formation. For those with active tokens, Forgd provides solutions for monitoring market maker performance, token unlocks, automated token streaming, and non-custodial liquidity provision.
Forgd has also partnered with the Solana Foundation to offer exclusive tools for projects built on the Solana blockchain. This collaboration highlights Forgd’s commitment to supporting scalable blockchain ecosystems and fostering project growth.
“We are thrilled to collaborate with the Solana Foundation to offer our tools to Solana’s vibrant developer ecosystem,” said Florian Strauf, CTO of Forgd and Founder of Tokenomics DAO. “This strategic alignment underscores our dedication to creating public goods to support blockchain entrepreneurs, and we look forward to partnering with other blockchain base layers to provide comprehensive cross-chain support.”
Since its private beta launch in Q1 2024, Forgd reports that over 250 projects have utilized its innovative tools, including “AMM²,” a non-custodial market-making protocol that facilitates liquidity provision across major exchanges with automated rebalancing.
“The positive response has been overwhelming,” Molidor commented. “Our team is motivated to continue innovating and developing new tools to empower Web3 entrepreneurs aiming to launch and scale their projects.”
Related Topics:
