Project Incentives Pool

30% of our total token allocation is reserved for new projects that register and launch on our platform. This pool of tokens is known as the Project Incentives Pool and is aimed at supporting projects that choose to launch their token on Forcefi during the first 32 months following our launch.

The tokens are not airdropped, as that would cause market fluctuations. Instead, they are delivered as Options contracts. The contract enables the project to acquire FORC at the price of the token during the delivery of the contract, which can give them an arbitrary benefit.

How do FORC options work?

At the time of registration and/or successful fundraise, the founder receives an option from the Project Incentives Pool, for a specific amount of FORC.

The strike price of FORC in the option contract is equal to the current market price of FORC.

This option has a maturity time that is random (between 180 and 365 days) to avoid significant selling pressure at a specific moment in time.

If at the date of maturity, the market price is higher than the strike price, it is reasonable for the founder to exercise the option and buy FORC so he can then sell them for their market price and make a profit (or use FORC for other needs).

If the market price is lower than the strike price, 75% of the tokens return to the project incentives pool, and 25% of the tokens are burned.

Bob registers a new project and receives an option for 500,000 FORC at the current market rate (e.g. $0,1/FORC).

If at the date of maturity, the market price of FORC is $0,25 USD, so, it makes sense for Bob to exercise the option and buy FORC according to his option, and then sell it on the open market.

If at the date of maturity, the market price of FORC is $0,05 he will not exercise the option and buy FORC from us at a rate of $0,1/FORC as he can buy the same tokens in the market from a DEX for $0,05.

Options for new FORC registration

In this category, we have allocated 16% of our total token supply ($3,200,000 in public sale value) which will be distributed over 32 months, at a rate of 5,000,000 tokens monthly.

Each month, the total number of projects registered in the month prior gets to split the pool of funds (5,000,000 tokens).

The allocation per project cannot exceed 500,000 tokens. If any tokens are not distributed, they will remain in the pool for future FORC registrations.

During March, 15 projects register on Forcefi.io. On the 1st of April, our platform distributes options to each FORC in the amount of 333,333 FORC (5,000,000 / 15).

Options for successful token sale

In this category, we have allocated 14% of our total token supply ($2,800,000 in public sale value) which will be distributed over 28 months (5,000,000 tokens monthly).

Each month projects that manage to host a successful fundraise will receive an option reflecting a maximum of 1,250,000 tokens per option each.

The total size of the option depends on the amount raised during the token sale and is reflected at a 1 FORC:1 USD ratio.

Project XYZ raises $200.000 during its token sale. Forcefi delivers an options contract containing 200.000 FORC.

if in total more than $5.000.000 has been raised on the platform over a month, the 5.000.000 FORC options contracts are proportionally distributed to projects based on the funds they raised during their token sale.