The Blocksmith Labs created a comprehensive utility ecosystem that leverages the $FORGE token. It aims to bring together builders to develop on $FORGE and create a thriving economy on Solana.
The incentives to build on $FORGE are not limited to financial gains but also include invaluable opportunities. The Forge Universe is the brainchild of Blocksmith Labs, a leading Web3 product development company.
Table of Contents
Background
Web3, also known as the decentralized web, has been gaining significant traction in recent years. With the rise of blockchain technology, it is becoming increasingly clear that Web3 is the future of the internet. Blocksmith Labs is a company that is dedicated to bringing this future closer to reality.
What is Blocksmith Labs?
Blocksmith Labs is a company that specializes in creating the best Web3 products in the Solana space. Their products are known for their high quality and are trusted by many Solana users. From whitelist management platforms to dynamic art generation, the Blocksmith Labs team has developed solutions to a variety of real-world problems in the Web3 space.
The company is driven by a mission to enable the next generation of creators, artists, companies, and individuals to achieve their full potential through the power of decentralized technology. They hold themselves to the highest standards of integrity, trust, and transparency, which is reflected in the quality of their products.
With the Blocksmith Labs team at the forefront of Web3 development, the future of decentralized technology looks bright. The company is dedicated to building multi-chain products that have the potential to empower millions of people. They plan to bring cutting-edge technologies such as ML/AI to their products in the near future.
The Blocksmith Labs team is committed to being a pioneer brand in the Web3 industry and staying current on the latest developments in the field. They continuously innovate to meet the evolving needs of the market and strive to become a respected leader in the industry.
The Blocksmith Labs team includes Co-CEOs Cryptonent and Harmy, COO Gee2Kay, and CTO Wozgun. The company plans to significantly expand their team in the coming year to meet the growing demand for their products and services. They are always on the lookout for talented and passionate individuals who share their vision for decentralized technology and its potential to make a positive impact on the world.
Smyth NFTs
Smyth NFTs are a standout aspect of the Blocksmith Labs ecosystem. With a collection of 4444 unique non-fungible tokens (NFTs) on the Solana blockchain, the Smyths have gained widespread recognition and respect within the NFT community. By leveraging the support of its dedicated community and the strength of its brand, the Blocksmith Labs team has successfully increased the reach and visibility of the Smyth NFTs.
Each Smyth represents a noble being forged through sacred flames, adding to the rarity and value of the collection. To participate in the ecosystem, simply visit smyths.io to stake and earn $FORGE.
$FORGE Token
Forge is a utility token created by Blocksmith Labs, which has a growing ecosystem of builders who are building on its platform. The Forge Universe is the extended utility ecosystem for $FORGE token, with the ultimate goal of finding scalable ways to increase the token’s utility. The incentives to build on Forge are not just monetary, but also invaluable, and Blocksmith Labs is committed to fostering an ecosystem of builders who are passionate about creating a better web3.
There are thousands of SPL tokens on Solana, so why should you care about building on Forge? The answer is simple: Forge Builders Applications are now open on the Blocksmith Labs Discord, and the team is committed to helping you bring your MVP or idea to life. Whether you already have an idea or just have the skills and drive to build something, Blocksmith Labs will guide you through the process and help you bring your vision to life.
One of the key advantages of building on Forge is the gamification and incentives that the platform offers. By participating in the Forge ecosystem, you will have access to a range of rewards and incentives that will help you grow your project and reach new heights. Whether you are an established developer or just starting out, there is something for everyone in the Forge Universe.
What is Bifrost?
Bifrost is the next-generation price discovery launchpad developed by Blocksmith Labs, offering projects a unique and innovative approach to NFT minting. With its anti-bot measures, Bifrost aims to provide a seamless and secure mint experience while maximizing the potential capital raise of a project. As the launchpad that Solana deserves, Bifrost is poised to revolutionize the NFT minting process.
Dynamic Price Minting
Bifrost’s Dynamic Price Minting sets it apart from other launchpads, allowing projects to take advantage of the demand for their NFTs and reach a fair price consensus without the presence of bots. During a public mint, the price starts at a set rate and gradually increases as more users participate and demand rises. Once the price reaches a ceiling, it begins to decrease until it reaches a floor, repeating this process until a fair mint price is found.
No Token Distribution, No Wallet Collection
Bifrost’s whitelist mint process is based on Discord server roles, making it simple and hassle-free for projects to get started. Users don’t need to collect wallets or distribute tokens – they simply assign roles as they normally would. Bifrost takes a snapshot of the whitelisted users 24 hours before the mint, and they are good to go.
Multiple Mint Methods
Projects have the option to choose from two different mint methods – the dynamic price mint built with Strata Protocol, which maximizes potential capital raise and deters bots, or the fixed price anti-bot mint. With Bifrost, projects are not limited to just one method of minting.
Affordable
A small percentage of the NFT supply will be minted using FORGE, with the funds going to the Blocksmith Labs treasury. For the dynamic price mint, Bifrost only takes a cut when the project raises more capital than it would with a fixed price mint. There are no royalties charged.
Bifrost also offers the opportunity for projects to mint NFTs using FORGE, the utility token created by Blocksmith Labs and rewarded daily to holders.
Tech & Features
Discord Role-Based Whitelist Minting: Bifrost’s process of minting is based on Discord server roles, making it simple and convenient for projects.
Two Anti-Bot Minting Solutions: Projects have the choice between dynamic price minting or fixed price minting, both equipped with anti-bot protection.
Freeze Transfer of NFTs: Bifrost allows projects to freeze NFT listings until they are ready to be made available to the secondary market.
Conclusion
The Forge Universe and $FORGE token are paving the way for a new era of decentralized technology, offering a robust ecosystem for builders to create and innovate. Blocksmith Labs, a key player in this ecosystem, is dedicated to producing high-quality Web3 products that will enable the next generation of companies, artists, individuals, and creators to reach their full potential. With a mission to build the best Web3 products and a commitment to being a leader in the industry, Blocksmith Labs is poised to play a crucial role in shaping the future of decentralized technology.