Lesson 
1

What is TheForce.Trade?

TheForce.Trade is a DeFi and NFT Value-Adding Platform that utilises community-elected tools and smart contracts to unlock the full value of DeFi and NFT assets. It is designed to solve the difficulties of DeFi and NFT investors in collecting and analysing information on different projects and mining pools.

TheForce.Trade is a DeFi and NFT Value-Adding Platform that utilises community-elected tools and smart contracts to unlock the full value of DeFi and NFT assets. It is designed to solve the difficulties of DeFi and NFT investors in collecting and analysing information on different projects and mining pools.


Why did we develop TheForce.Trade?

The short answer is we saw the demand - our community needs it and the market clearly needs it too. DYOR (Do Your Own Research) was seen as a golden principle in the world of cryptocurrencies for years. But this world has grown so quickly that individual efforts on doing research can be negligible and in no way comparable to institutional efforts. Therefore we set out to do the research for our users so they are presented with the data and tools they need to make informed decisions on DeFi and NFT investments.


What do you mean by Value-Adding Platform?

The Platform creates values by presenting users with tools and data they need to maximise their returns on DeFi yield farming and to unlock liquidity and valuation on NFTs collections while allowing them to track and control relevant risks.

More specifically, the platform offers tools and services including Zero-Fee Auto Compounding Farming, Community-Voted Pools, Wallet Allowance Checker, Impermanent Loss Calculator, History Yield Graph, NFT Mystery Boxes, NFT staking, NFT lending etc. (more to be developed soon). These functions are organically associated through our governance token FOC.

The Platform is also developing a NFT-Based Launchpad that will connect new projects to early stage investors.


What may be the use case of this Platform?

Some typical use cases of the Platform may include:

  • Any new or experienced Yield Farming Investor can use the Platform’s visually presented DeFi aggregator to find the best pools that suit their needs, and start generating compounded returns with one click, without needing to harvest their yields manually.
  • A new De-Fi project can apply to be listed on our launchpad and get immediate access to our thousands of investors in our community. We will then set up a funding pool based on a fixed purchase rate for tokens. The main benefit is that such Pools will maintain the token price throughout the sale until the initial supply is bought, and investors will know exactly how much they are paying for and how much tokens they are getting.
  • A new NFT investor can purchase, trade or list their entertainment NFTs through our NFT Platform, and can easily generate returns by staking purchased NFTs or lending out their NFTs.
  • An Artist with zero knowledge of NFTs can use the Platform’s NFT services to tokenise their artworks, generate NFTs, and put those NFTs on the Platform’s built-in auction system to make them accessible to investors around the globe.


Our Milestones to date

Although some of our planned functionalities are still in development, we have achieved a lot since we went on line on May 12th. Here’s a brief summary:

  • We have successfully launched IDOs with four platforms, namely DuckDao, BSCPad, Launchzone, and Bondly Finance
  • Our project was featured in many main-stream media including Yahoo Finance, Cointelegraph, BTC Peers, Entrepreneur, Hacker Noon, and Market Watch.
  • FOC token was mentioned in a Bitcoinist report as one of the best tokens worth buying when the market is down.
  • We partnered with KAKA NFT World and successfully sold 500 licensed NFT Mystery Boxes within minutes. The total proceeds, about $250K FOC tokens, have been transferred into a Secure Asset Fund for Users (SAFU) that will be used as our community insurance fund.
  • We have recently partnered with DeFina Finance who will soon launch an original NFT game with impeccable graphics .
  • We are still developing our core functionalities on Binance Smart Chain (BSC), and will soon expand to other blockchains like Ethereum, HECO, Polygon and more (depending on Community Voting results).


How to get FOC tokens?

Some typical use cases of the Platform may include:

  • Take part in our social media events, for example an #Airdrop Event
  • Take part in our Bounty programs
  • Stake your Purchased NFTs to earn more FOC
  • Stake your FOC tokens in our FOC pools to earn more FOC
  • Buy FOC on PancakeSwap


What can I do with FOC tokens?

FOC is a payment and utility token on TheForce.Trade platform.
‌With FOC you can do the following:

  • Vote to decide how we distribute community rewards from time to time
  • Stake FOC to earn more FOC in our farms and pools
  • Hold FOC to earn surprising airdrops from our partners (in the form of other tokens)
  • Participate in our launchpad projects
  • Exchange FOC for in-game items for games we are about to launch (details coming soon)
  • Purchase NFTs from our NFT platform