What is The Force Protocol?
The force Protocol is Decentralized Financial services protocol i.e. DeFi Protocol focusing on problem in DeFi. Force Protocol aim to provide solution for tokenized protocols and DeFi Technical component with transparent, secure, innovative services for real world users. initially project debut with cryptofinance services with their open source blockchain platform in early 2019.
The Force Protocol target technical component for DeFi project and also focusing on Etheruem dApps development solutions. Basically, in development problem like bad UI, lack of security, lazy on-chain interaction, contract upgradation, fixed data stricture. So, platform with The Force tagged collectively proposes three components include fundamental, financial and extension. Under Fundamental component it proposed APEC i.e. Asset protected Elastic contract that ensure asset ownership and solidity smart contract, in short It take care of data scalability, logic upgradation and secure asset.
Extension component focus on BEAMS that stand for Blockchain Enquiring Auditing & Messaging System. BEAMS create interaction between off-chain system and contract, it consistently monitors and operation of contract, asset and audit the data. Financial is primary component that consist of global emergency lockdown, multisig admin key and cooperative automatic lockdown mechanism. Basically, three main feature of financial component works for protect from attack for asset and detects non secure assets.
The Force Protocol Price Prediction
|Month & Year||FOR Price Prediction|
The Force Protocol Overview
|Project name||The Force Protocol|
|Based on||DeFi Security Protocol|
|All-time high||$0.11 USD|
|Exchange Platform||Huobi Global, MXC, Hotbit, Bibox,|
|Wallet||ERC-20 Supported Wallet|
For ICO Overview
|Raised by||$1,000,000 USD|
|Date of ICO||22 April 2019|
|ICO Price||$0.02 USD|
|Partners||Hashgard, everiToken, Chainlink, RSK, Dorahacks, Kcash, NextDAO, Defi Labs, Prochain, Atlas, PeckShield, Topay, ThinkBit Pro.|
FOR Price Analysis
“The Force Protocol” coin was introduced into crypto market on July 18th of this year 2020 with price of $0.032 USD. For almost first 20 days after launch price of 1 FOR coin was fluctuating between $0.01 to $004 USD. If we check performance of The Force Protocol for last 1 month, then it has around 300% ROI. Because it has grown from $.0.039 USD to $0.11 USD. While last few days were not so good for other cryptocurrencies as whole market was collapsing, but FOR coin has shown bullish nature in this period.
It is expected that this FOR coin will grow up to $1 USD in coming few years. Like other cryptocurrencies this “The Force Protocol” will also show some bearish and bullish runs, but ultimately it will give bit more ROI than interests you get from banks per annum.
FOR token passively used in main feature of The Force Platform, that include below function. As user need to HODL For Token for enable below mentioned feature.
- Fortube Bond Rating Voting Participation.
- Stability adjustment of QIAN.
- QIAN global debut Auction participation.
- Governance of ForTube ecosystem.
How much FOR Token Worth in 2030?
Probably worth more than $5 USD.
Is the Force Protocol a Good Investment?
Yes, Project comes up with unique tokenized security solution and also offer solution to enterprise. In future they may become pioneer in dApps solutions and DeFi Services with protocol.
The Project was introduced in 2018 and aim to solve cryptofinance problem and security. It serves Open DeFi security protocol component and it can be integrated with other public blockchain like Binance, Polkadot and other. in 2021, Platform looking to introduce pilot business of crypto bonds that exclusive available for business and enterprises. Following roadmap, they successfully launched tokenized protocol with Bond Financial protocol, Bank Lending protocol and Qian decentralized Stablecoin. Under Fortube feature network offers solution in investment, financing and trading for enterprises and users. however, Asset Protection and decentralized network becoming most demanded feature nowadays and The Force protocol massive upgrading as per the market requirement.