The FORE Roadmap
Q3 2022
Core team built: We’ve built a global team of 20+ experienced executives, entrepreneurs, data scientists, developers, marketing strategists, and creatives from Fortune 500 companies, leading DeFi projects, global ad agencies, and the largest hedge funds in the world. Learn more. Strategic partners secured: Partnerships secured to date include leading sporting entities, world-renowned casinos and bookmakers, and prominent blockchains and crypto entities - with many more in the pipeline. Seed round filled: FORE's seed round accounts for 10% of supply (and $1,750,000 of the total raise). Our seed round is closed, having largely been filled by co-founders, team members, and strategic partners.
Q4 2022
Arbitrum chain integration: With the goal to become a chain-agnostic protocol for ultimate accessibility, FORE Predict mainnet will initially launch on Arbitrum network which offers some of the lowest fees and high-speed transactions on the platform without compromising security or decentralization. Private testnet live: Unlike most blockchain companies that come to market with nothing but an idea and a whitepaper, FORE's co-founders bootstrapped development to build FORE Protocol before launch. We built a complete beta version of the protocol that allows real users to test our core functionality (create, participate in, and validate markets), as well as additional features such as a fully-functional NFT marketplace, portfolio pages that synthesize user activity, and a leaderboard page that forms the foundation of our gamification strategy.
Q1 2023
Community launch: To communicate the power (and reward) of a people-powered network driven by incentives ahead of protocol launch, our community launch cultivated an environment of meritocracy by rewarding and promoting members proportionate to their level of participation and value to the ecosystem.
Hackathon live: FORE Protocol's public test net went live to the community alongside a hackathon, designed to utilize and incentivize a global community to collaboratively stress-test FORE’s MVP. We wanted to invert the traditional narrative around early system errors, faults, and bugs by cultivating an exciting environment where the smartest minds in the industry (and beyond) could collaborate and contribute to the FORE ecosystem to build a truly people-powered network - and be rewarded for doing so.
Private round filled: The majority of our private round (accounting for 20% of total supply and $5,500,000 of our raise) has been filled by strategic partners in the betting, sports, and crypto space. Select community members will have the opportunity to participate in the remainder of the private round.
Q2 2023
TGE + token launch: FORE token live on exchanges (CEX + DEX).
Q3 2023
Partnerships and sponsorships: Partnering with third parties with audiences of scale will allow us to bring greater attention to the protocol, both within and outside of the blockchain space.
Q4 2023
FORE Predict launch: The launch of FORE Predict signifies the start of revenue generation (for FORE and our users). As the rate of deflation of FORE token is directly proportional to activity on the protocol, launch will kick-start FORE's hyper-deflationary token model.
NFT marketplace live: The launch of the NFT Marketplace signifies the start of yet another revenue stream (for FORE and our users). In order to earn rewards through successful validation, users must lock and burn FORE in order to mint an Analyst NFT. Analyst NFTs (and other NFT types) can be listed and traded on FORE’s NFT marketplace.
Fiat on/off ramp live: Decentralized prediction markets have failed to capture market share from traditional markets due to the difficulty in onboarding newcomers into DeFi. FORE Predict will have a fiat onramp from launch to enable access via Apple Pay, Samsung Pay, Visa, Mastercard, bank transfers, and more - allowing ANYONE to use the platform.
Gamification seasons start: We have seen little innovation or focus on user experience in DeFi predictions protocols, and a critical lack of focus on UX to encourage participation. FORE gamifies decentralized predictions to bring “play- to-earn” to betting, tapping into innate needs for entertainment, status, prestige, and reputation.
EVM-compatible chain integrations: With the goal to become a chain-agnostic protocol for ultimate accessibility, EVM-compatible chains such as Fantom, Ethereum, Avalanche, Polygon, and more will be integrated based on user demand and ecosystem value. Secondary market launch: FORE Protocol is the first predictions market leveraging NFTs to maximize value extraction for users. When a user creates or participates in a market, they receive an NFT to represent their right to the appropriate rewards. Since value accrues directly to the owner of the NFT, we are creating a dynamic and liquid secondary market for these assets. FORE Predict 2.0: We have built our MVP around a parimutuel market structure. We plan to expand our offering to include several market types and structures based on user demand, including (but not limited to): - Categorical Markets - The user can take a position on one (or more) of several choices defined by the market creator. For example, “which of the following will be the MVP of the NBA season?” - Ordered Markets - The user can predict the order of pre-defined outcomes as set by the market creator. The most direct comparison for this market type would be an exacta, perfecta or exactor market. For example, “correctly pick the top three horses in a particular race, in exact order” - Parlay Markets - much in the same way parlay bets work currently, parlay markets would payout based on the successful prediction of two or more markets (pre-defined by the market creator) - Floating Point Markets - The user can participate in a market that relates to a floating point number. For example, “what will be the sum of the total minutes played for Messi and Haaland on a certain date?” Users can then guess the number (with the users closest to the actual number winning)
FORE Protocol is the first predictions market leveraging NFTs to maximize value extraction for users. When a user creates or participates in a market, they receive an NFT to represent their right to the appropriate rewards. Since value accrues directly to the owner of the NFT, we are creating a dynamic and liquid secondary market for these assets.
2024+
FORE Predict Mobile Application
Expansion of the FORE Ecoystem
FORE ORACLE
FORE AUDIT
FORE RESOURCE
FORE SIGHT
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