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Forward Protocol – Toolkits for Decentralized Value-Driven Economy

Web 3.0 applications have changed the way users interact with the internet by offering better security and transparency. 

Forward Protocol is the “WordPress” for Web 3.0 with easy-to-use applications and digital assets. Powered by a modular architecture and five ready-to-deploy fully customizable smart contracts, the project offers a plug-and-play, no-code, and UI-driven modular application for the value-driven economy. 

Forward Protocol and Web 3.0

Forward Protocol offers blockchain toolkits that connect the value-driven economy and promotes the adoption of blockchain technology by lowering the barrier to entry into the space. The toolkits are blockchain agnostic, industry-agnostic, and adoption-focused.  The platform is simple-to-use and does not require coding or technical knowledge, making it easy for any organization to deploy.

Forward Factory has five core smart contracts preloaded:

  • Proof of Ownership (PoO)
  • Initial Value Offering (IVO)
  • Proof of Value-Delivered (PoVD)
  • Proof of Value (PoV)
  • Distributed Rewards and Revenue Sharing (DRRS)

Forward Protocol’s vision is to fast-track blockchain adoption by connecting real-world applications and organizations with blockchain in an easy-to-use way. 

The Forward Protocol architecture includes:

  • Forward ID

Every user registering platforms integrating Forward Protocol is assigned a Forward ID that enables them to login into any website that utilizes Forward Protocol. 

  • Forward Pay

Forward Pay is a digital wallet connected to a user’s Forward ID that helps them to store, manage, swap, and trade their crypto assets. 

  • FORWARD Token

$FORWARD is a utility token that serves as a governance token and is designed solely to be used as an interoperable utility token on the network. 

  • $FUSD

Forward USD is a stablecoin issued by Forward Protocol that supports stable value transfers, purchases, and payments within the ecosystem. 

Apart from these products, Forward Protocol also offers token holders incentives such as staking & yield farming contracts, governance, and validator rewards. 

To learn more about Forward Protocol, visit https://forwardprotocol.io/

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