A few weeks ago I published the first content on ForceFi, explaining all the details of the project underneath.
From the last update, the Curators Community reached more than 100 participants with some names quite relevant in the crypto-space.
Curators will play a key role in ForceFi ecosystem: they will be the Keeper for the decentralization and quality of the projects onboarded providing more information AND more credibility to specific projects.
At the moment, I can make a little spoiler: several projects have already showed a real interest to start the onboarding and evaluation process that’s why we expect that in the coming weeks many news will be released.
ForceFi represents a huge opportunity for the decentralization of the crowdfunding processes through an independent but involved committee BUT also a much higher transparency of the funds destination and allocation.
These are the two key features where I like to put some more stress onto: decentralization for the project evaluation AND transparency of funds allocation.
115 people ready to evaluate, put on track AND optimize and launch a lot of projects!
We are issuing a gathering-call quite frequently as we are gathering several ideas, feedbacks and constructive ideas from our Curators to keep improving the design of the Business, the Model and its development.
The next call will be the 4th August with the theme of “Marketing vs Business Development in Web3”, where we will gather intel from Curators on the best ways to develop ForceFi itself and then issuing tips for projects and other people looking for a comprehensive place where to find good information.
When projects will approach ForceFi, at first, they will get evaluated from the Curators by paying a small fee of 0.5ETH. The fee as you can see is not much high as the project aims to sustain itself with the success fee taken from the successful raise of the projects.
Who is the investor target for ForceFi?
Traditional Launchpads target just retail investors as Launchpads are usually the latter stage of crowdfunding of the projects.
ForceFi, thanks to its lower fee from the money raised, gives the possibility to projects to use ForceFi as an escrow service for the early stage investment from qualified and professional investors as well, making the transactions of the money transparent, ensuring that funds are used for the real purpose.
So, where is going to be the advantage of carrying on all the crowdfunding campaigns on ForceFi?
An overall lower commission, especially when compared to the fee requested from professionals presenting investors (usually 10% or anyway >5%), other groups that beyond the % asks also for a flat initial fee.
At ForceFi the flat fee is 5% on the raised amount, and in return, a project gets evaluation, exposure, transparency.
Do you have suggestions for us or do you even see potential integration with the Hive ecosystem?
All images are taken from the ForceFi website and branding materials with team's permissions.
