Forward Protocol

company

About

The Blockchain Solution that fast-track the mass adoption of Blockchain Technology.

Details

Last Funding Type
Seed
Industries
Blockchain,Cryptocurrency,EdTech,Information Technology
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Forward Protocol Corp
Also Known As
Forward,Forward Chain

Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their dApps, subnets, and blockchains without technical knowledge. Forward Protocol provides blockchain toolkits that connect the value-driven economy.

5 core smart contracts will be available in Forward Protocol:

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


The adoption of blockchain into companies' architecture has the potential to dramatically reshape the capital markets industry, with a significant impact on the way businesses model themselves, manage risks, save cost and capital. However, the revolution will not happen overnight due to the high barrier to entry into this sector.

Forward Protocol solves these challenges by:

➤ Lowering the barrier to entry across verticals through a B2B approach that connects ideas, companies, and markets with open source, fully customizable, no-code blockchain smart contract tools within Forward Factory to make blockchain adoption seamless.

The instant deployment model - Forward Factory:
➤ Makes blockchain adoption an unambiguous and straightforward process for organizations.
➤ Decide. Deploy. Test. Evaluate. No hidden cost involved.
➤ Has a no-code, drag and drop interface.
➤ Any platform can install its open-source application integrated with the smart contracts of choice (fully customizable), pre-integrated with Forward Protocol and $FORWARD.
➤ Platforms that deploy contracts through Forward Factory can set the fees (revenue model) for users on their platform, turn features on/off, modify terms/policies, and easily integrate these modifications with their business model.

The process is designed to help platforms deploy and become blockchain-ready with a much shorter lead time than it would take to develop a platform themselves.


Detailed information about the project, its architecture, and ecosystem can be found at Whitepaper.ForwardProtocol.io

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.25M
Forward Protocol has raised a total of $1.25M in funding over 2 rounds. Their latest funding was raised on Dec 14, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 14, 2021 Seed 1 Detail
Dec 8, 2021 Series Unknown $1.25M 24 Detail

Investors

Number of Lead Investors
Number of Investors
25
Forward Protocol is funded by 25 investors. Oriole Ventures and AU21 Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Oriole Ventures Seed
AU21 Capital Series Unknown
Basics Capital Series Unknown
BlackDragon Series Unknown
CRT Capital Group Series Unknown
CV VC Series Unknown
Darkpool Ventures Series Unknown
DOUBLE TOP Series Unknown
GDA Capital Series Unknown
International Blockchain Consulting Series Unknown

Employee Profiles

Number of Employee Profiles
4
Forward Protocol has 4 current employee profiles, including Executive Karnika Yashwant
Executive
Board member
Executive