Introduction of FORE Protocol (FORE)

#Spot#Futuros


Brief Introduction

FORE is the first decentralized peer-to-peer predictions ecosystem powered by people. People create prediction markets, determine market odds, participate in markets against each other, and validate market outcomes themselves. Whether popular events in sports, esports, current affairs, or crypto, to incredibly niche events, you can find (or create!) any market on FORE.


Please note:

All information in this page is provided by the project team. Strictly for references only.

 

Project Highlights

Unlike centralized bookmakers, users are actually rewarded for using FORE: platform fees are redistributed back to users for all productive activity. 

- Creators create prediction markets and earn 0.5% of the total market size.

- Players participate in markets against each other, with incredibly low fees, better odds, and trustless payout.

- Analysts validate market outcomes to earn a share of 2% of the total market size. 

This self-regulating and self-sustaining platform creates a truly decentralized and democratic predictions ecosystem where the house doesn’t win - the users do. Users are rewarded for their activity in FORE’s hyper-deflationary utility token. The protocol features several hyper-deflationary mechanisms, reducing the total supply with every transaction to ensure that FORE’s utility token remains strictly deflationary. Thus, the token’s supply is inversely correlated with activity on the platform: as activity increases, supply reduces. 


Token Allocation:

Type

Percentage (%)

Amount (FORE)

Seed Round

10

100,000,000

Private Round

20

200,000,000

Public Round

5

50,000,000

Team

6.5

65,000,000

Foundation

25

250,000,000

Marketing

12

120,000,000

Development

6.5

65,000,000

Advisors

6.5

65,000,000

Liquidity

8.5

85,000,000


Total Supply: 12,000,000 FORE

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The MEXC Team

25 June 2023