TheForce.Trade ($FOC) — A data aggregation platform that simplifies DeFi and NFT
BSCPad IDO Date:
Sunday May 9th
Staking Eligibility Cutoff:
Sunday May 9th, 5 AM UTC
Public Sale Token Price:
Allocation Round Open:
Sunday May 9th, 8 AM UTC
Public Sale (FCFS) Round Open:
Sunday May 9th, 1 PM UTC
Pancakeswap Listing Date/Time:
Wednesday May 12th, Time TBA
Maximum Token Supply:
Tokens Available in BSCPAD Public Sale:
Circulating Supply at Listing:
Market Capitalization at Listing:
Public Sale Vesting Schedule:
25% at TGE, then 12.5% per month for 6 months
TheForce.Trade is a Data Aggregation Platform that uses Customizable Smart Contracts to simplify DeFi and NFT investments for beginners and veterans alike.
What problems does it address?
Lack of quality data
In the current world of DeFi, it is difficult to find a reliable and stable source of data. The information acquisition and data analysis of DeFi projects is difficult and carries a high cost both in terms of time and capital. For expert users, the process is still highly inefficient while for new users doing proper due diligence on DeFi projects can seem nearly impossible.
Due to the convenience of listing decentralized projects on public chains like Ethereum and Binance Smart Chain, many DeFi projects went online in a hurry without proper security audits. These ‘cut corners’ are leading to security problems one after the other, causing great losses to both project promoters and investors. There is no practical risk return evaluation model in the current market to help investors analyze and evaluate the risks of DeFi projects, or to monitor the real-time status of projects.
Underdeveloped NFT markets
The NFT sector has been gaining momentum recently, yet there are still many user pain points standing in the way of rapid adoption. For example, there is no universal NFT lending platform in the market, no NFT oracle, and no reliable hub for the deposit and withdrawal of funds utilized in NFT transactions. Many new investors and artists are also unfamiliar with the use of cryptocurrencies in general, adding an additional barrier to entry.
1. DeFi and NFT dashboard
The dashboard is designed to give users as much information as possible with as much clarity as possible. By displaying farming opportunities across multiple blockchains, users can make the most profitable decisions with maximum efficiency. A similar system will also be deployed for NFTs in the near future.
2. AI Risk Assessment Algorithm
As part of the dashboard display, users will see risk ratings as well as information about potential impermanent loss. These display items will be generated by a Multi-factor model (MFM) which weighs several variables to present a user with an easy to understand assessment. Over time, this model will be tweaked and improved to offer the end user the highest quality information possible.
3. NFT minter and auction house
The creation and sale of NFTs creates several problems for both creators and consumers. Many artists have creative skill, but lack the knowhow to take their creations to market. Similarly, many buyers have an interest in the growing world of Non fungible assets, but may lack the technical knowledge to complete a purchase or the necessary information to feel confident in their decisions. By streamlining all of these processes through an NFT dashboard, TheForce.Trade can remove several of these barriers and connect content creators with content consumers.
4. NFT Oracle
While many oracle designs on Ethereum (as well as on BSC and HECO) have been implemented to provide data for fungible token prices, few attempts have been made to construct a price oracle for NFTs. NFTs are generally less frequently traded, making it difficult for third parties to observe and retrieve price data. To solve this problem, TheForce.Trade team have designed an oracle system that uses ‘Time-Weighted Average Prices’ (TWAPs) for non fungible assets that have been traded more than once. By analyzing the relationship between price relative to time, the NFT oracle can help a user to extrapolate a fair value for an asset.
Token Name: TheForce Token
Token Symbol: $FOC
Token Chains: Binance, Ethereum, HECO
Maximum Supply: 1,000,000,000
Mining Rewards — 50%
Community Rewards: 20%
Private & Public Sale — 15%
Liquidity Reserve — 5%
Team & Advisors — 5%
Marketing & Partnerships — 3%
Operations & Maintenance — 2%
Incentives: FOC tokens are used to incentivize user participation in yield farming, bounty hunting, referrals and other programs in the future.
- 20% of the Total Supply of FOC tokens will be distributed as Community Rewards. These rewards will be leveraged to create community engagement and help make TheForce.Trade the best place to go for DeFi and NFT data, tools, and investment opportunities.
- 50% of Total Supply of FOC tokens will be distributed as farming rewards.
- Partnership Tokens: TheForce has formed partnerships with a number of other DeFi and NFT platforms and we will do airdrops of those tokens to reward FOC token holders and farmers.
- Surprise Rewards: FOC token holders may also get surprise rewards (tokens and NFTs) every now and then. Please stay tuned for more updates in the near future!
Governance: FOC token holders will vote on platform parameters to help direct the project’s economics and developments.
NFT Suite: FOC tokens are required for NFT minting, staking, auction, trading and more.
Primary Market Participation: Holding a certain amount of FOC tokens will be required for users to participate in primary market projects.
System Tax: Users who transact with FOC tokens will contribute to a dividend pool.
· Seed round sale
· Launching the first version of DeFi dashboard
· Optimising DeFi data
· Dashboard v2.0
· Private and public sales
· Enabling automatic reinvestment function
· Launching on Binance Smart Chain and HECO Chain
· Establishing TheForce.Trade Launchpad
· Enabling various NFT functions including treasure box generation and the NFT yield farming pool
· Debugging machine learning AI algorithm
· Debugging multi-factor model algorithm
· Launching on OK Chain and Ethereum
TheForce’s team is made up of a group of developers, financial professionals and community managers who run as an anonymous DAO.
Peter (Co-Founder & CEO) has years of experience working as Senior Executive in Fintech companies and provides leadership to the project team at both strategic and operational level.
Benjamin (Co-Founder & CFO) is from a traditional Fund Management background and brings a wealth of financial experience and expertise to the project team, having worked with some of the largest names in the financial services industry.
Charles (CTO) is a former Google engineer who enjoys the new challenges presented by the emergence of blockchain technology and designing innovative solutions to provide the best user experience.
Liam (Senior Engineer) is a former Facebook Engineer and a full stack web developer with years of expertise in React JS, Solidity, Node.js and building RESTFUL web services.
Kellan (Lead Scientist) has a PhD in Artificial Intelligence and has been doing years of research in applying machine learning algorithms in blockchain apps.
Important details about participation on BSCPad:
BSCPad uses a tiered model that requires users to stake at least 1000 $BSCPAD tokens to participate. For full details, review the landing page of our website at https://bscpad.com/.
Users must complete KYC verification before participating on BSCPad. For full details on completing this process, read our explainer article linked below. We have also included a list of restricted regions for easy reference.
Restricted Region List: Botswana, Cambodia, Central African Republic, Democratic People’s Republic of Korea, Republic of Seychelles, Ethiopia, Ghana, Iran, Iraq, Libya, Somalia, South Sudan, Sri Lanka, Syria, Sudan, Thailand, Trinidad and Tobago, Tunisia, Venezuela, Yemen, and the United States of America (herein “Prohibited Jurisdictions”)
Bronze and Silver tier members must complete additional social media engagement tasks in order to be whitelisted for each IDO. The requirements for this specific IDO are listed below:
Whitelist Requirements for Bronze and Silver Members:
1. Join the #THEFORCETRADE Telegram: https://t.me/theforcetrade1
2. Follow #THEFORCETRADE on Twitter: https://twitter.com/TheforceTrade
3. Follow #BSCPAD on Twitter: https://twitter.com/BSCPad
4. Put out a tweet (originating directly from your account) containing the #BSCPAD & #THEFORCETRADE hashtags and share the link in the whitelist.
5. Follow the steps inside the white list form:
Stay connected to our official outlets for the latest on all of our launchpad offerings!