Also, Forward Protocol provides blockchain toolkits that connect the value-driven economy. “Forward Protocol’s vision of creating Web 3.0 toolkits is revolutionary, and we see them leading this sector while accelerating the adoption of blockchain globally.”įorward Protocol employs an easy-to-use WordPress-like model to facilitate a no-code environment that users can interact with even without technical knowledge. Rankin’s statements were echoed by AU21 Alexi Nedeltchev, who added:
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We are adoption focused, providing open-source blockchain tools to enable any organization in any sector to use our toolkits to embrace Web 3.0 in a simple to use, drag and drop, no code environment.” “When you take away the barrier to entry you encourage participation rates to skyrocket. Mitch Rankin, co-founder of Forward Protocol, said: The value-driven economy is the next blockchain revolution.”
“Making blockchain technology simple to use for non technical people is the next logical step in our progression towards mass adoption of blockchain. Polygon also contributed a grant.Īfter raising $500k in its seed round, Forward welcomed investment totalling $700k in its private funding round as it draws closer to its goal of building Web 3.0 toolkits for a value-driven economy on a global scale.įorward Protocol co-founder, Karnika E.
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Forward Protocol has raised $1.25 million across two series of funding rounds, attracting investment from leading blockchain projects and venture capital groups such as, CVVC, AU21, X21, and GDA Capital.įorward Protocol Introduces the Concept of an Initial Value Offering (IVO) Among Many Others, which Applies the Crowd-Funding Model to Blockchain.Īdditional capital came from MEXC, Stakez Capital, Magnus Capital, MarketAcross, Basics Capital, CRT Capital, Polygon Studios, Master Ventures, BlackDragon, Tokenova, Lotus Capital, NFT Technologies, Darkpool Capital, Octopus Capital, ZBS Capital, IBC Group, Polygon Syndicate, Oracles Investment Group, Marathon Capital, Cuan Ventures, Ardura Capital, and Utopian Capital.
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