Blockchain

Forgd is Reinventing Web3 Advisory with Free Tools for Tokenomics Design, Liquidity Monitoring, and Token Cap Table Management

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    New York, NY, September 3rd, 2024, Chainwire

    Forgd, a token advisory and optimization platform, announced the launch of its free-to-use web platform, which provides blockchain projects unrestricted access to tools for tokenomics design, liquidity monitoring, cap table management, and financial planning. Forgd eliminates financial barriers associated with traditional Web3 Advisory and consolidates an otherwise fragmented services industry built to support blockchain projects as they issue a token.

    A token launch involves complex challenges, prompting many blockchain projects to hire multiple external advisors for tasks like tokenomics modeling, market maker engagement, and exchange listing. These engagements can be costly and often lead to operational inefficiencies, given that few advisors operate an end-to-end process. Forgd addresses these challenges with free software tools for executing all vital go-to-market activities and optimizing token performance post-launch. This “self-service” approach to Web3 advisory allows teams to execute at their own pace.

    “Many of the tasks involved in a token launch are outside the expertise of a typical tech founder, which is why we created a set of tools to streamline and simplify the process in an end-to-end application,” said Shane Molidor, CEO and Founder of Forgd. “Forgd was built in response to the recurring needs of founders we’ve observed in Web3. Our DIY software tools not only reduce costs but also allow teams to concentrate on product innovation rather than specialized capital market activities.”

    Shane Molidor is a 10-year cryptocurrency veteran who formerly operated as CEO of AscendEX, Head of Trading at FBG Capital, and Business Development Associate at Gemini. Forgd recently enhanced its capabilities by acquiring Tokenomics DAO, a research institution focused on tokenomics and novel protocol design. 

    For blockchain projects that haven’t yet launched their token, Forgd helps them design tokenomics, conduct cash flow analysis & prepare for fundraising, secure partnerships with market makers & exchanges, and navigate administrative tasks such as offshore company formation. For projects with a live token, Forgd provides tools for monitoring market maker performance & token unlocks, automated token streaming, and even non-custodial liquidity provision.

    In a strategic move, Forgd has aligned with the Solana Foundation to provide select tools exclusively for projects built on the Solana blockchain. This collaboration underscores the Forgd commitment to supporting scalable blockchain ecosystems and fostering project growth.

    “We are thrilled to collaborate with the Solana Foundation to offer our tools to Solana’s vibrant developer ecosystem,” said Florian Strauf, CTO of Forgd and Founder of Tokenomics DAO. “This strategic alignment highlights our dedication to creating public goods to support blockchain entrepreneurs, and we look forward to partnering with other blockchain base layers to create comprehensive cross-chain support.”

    Forgd reports that over 250 projects have already benefited from using its pioneering tools, such as “AMM²”, a non-custodial market making protocol that empowers projects to act as their liquidity provider across all major exchanges with automated rebalancing.

    “The positive response since our private beta launch in Q1’24 has been overwhelming,” commented Shane Molidor. “Our team is motivated to continue innovating and developing new tools to empower Web3 entrepreneurs aiming to launch and scale projects of their own.”

    For more information about Forgd and its services, users can visit Forgd.com.

    About Forgd:

    Forgd is a token advisory and optimization platform with free software tools for blockchain founders to launch and scale their projects.

    Operating as a public good, Forgd is reinventing Web3 advisory by providing blockchain projects free access to specialized capital markets tools such as tokenomics modeling, liquidity monitoring, cap table management, exchange listing, and financial planning. In addition to its self-service software tools, Forgd offers tailored consulting services for teams seeking extra guidance. This approach allows Forgd to service a broad spectrum of blockchain projects ranging from DIY enthusiasts to those who prefer white-glove support, ensuring accessibility and expert assistance are readily available.

    www.x.com/forgd_

    Contact

    Marketing
    Dan Mulligan
    Forgd
    dan@forgd.com

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    Statt Secures $2.8 Million Seed Round to Scale its AI and Data SaaS Platform for Public Policy and Regulatory Insights and Analysis

    2024-09-19T18:01:00Z

    The round was led by Moneta Ventures, and includes participation from Clutch VC, Next Coast Ventures, and NextGen Venture Partners

    WASHINGTON and AUSTIN, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Statt Inc., an innovative big data and artificial intelligence company for the public policy, regulatory, and strategic communications sectors, today announced it secured $2.8 million in seed funding. The round is led by Moneta Ventures, and includes participation from Clutch VC, Next Coast Ventures and NextGen Venture Partners.

    Statt’s latest funding follows a $1.6 million pre-seed round led by NextGen in Nov. 2020, and will enable Statt to expand its sales, marketing, engineering, and machine learning teams to accelerate the development and deployment of its SaaS platform.

    Statt leverages cutting-edge AI, along with its proprietary global data stream of hundreds of millions of public policy documents to deliver real-time insights, streamline research processes and risk assessment, and enhance decision-making capabilities for large companies, professional services firms, government agencies, and smaller policy organizations seeking to navigate complex regulatory and legislative environments.

    Statt is led by its two co-founders, Steve Glickman, CEO, and Andrew Platt, Head of Product, who share deep policy backgrounds. Steve previously served as Co-Founder and CEO of the Economic Innovation Group, senior economic advisor for the White House National Security Council, and a committee staffer on Capitol Hill. Andrew was previously elected to the Maryland General Assembly, served as a congressional leadership staffer, and as an executive at an education and fintech company.

    “We are thrilled to partner with several best-in-class investors as we continue our journey to revolutionize the application of AI to complex flows of information across the public policy and regulatory affairs spaces,” said Steve Glickman, Co-Founder and CEO of Statt. “With this new funding, we will scale our team, grow our first-to-market data stream, and expand our analytics solutions to empower our customers to proactively navigate and shape the policy landscape.”

    Statt already counts several influential corporations and professional services firms among its customers and partners, including Microsoft, Visa, FTI Consulting, and Avoq. Notably, Statt was accepted into the Microsoft for Startups Pegasus Program, as well as the Google for Startups Program and the NVIDIA Inception Program, which have collectively awarded the company $700,000 in cloud computing credits.

    “Statt’s platform has been instrumental in helping us anticipate regulatory changes and understand their potential impacts across different markets,” said Brent McGoldrick, Senior Managing Director, FTI Consulting. “Working with their AI platform gives our experts great access to a wide range of range of capabilities and insights.”

    The investments from leading VC firms like Moneta, Clutch, Next Coast, and NextGen underscores the growing excitement behind cutting-edge AI companies with products tailored to large sectors previously underserved by technology solutions.

    “Statt is uniquely positioned at the intersection of AI and public policy, two areas undergoing rapid change,” said Aasim Hasan, Managing Partner at Moneta Ventures. “Their leadership team and technologists are truly industry experts, and we are excited to support Statt as it brings innovative technology to a space that is ripe for disruption and offers tremendous potential for growth and impact.”

    About Statt
    Statt is a global AI SaaS platform focused on surfacing mission critical public policy, regulatory, and geopolitical insights. Based in Washington, DC and Austin, TX, Statt is dedicated to providing real-time, data-driven solutions that empower large companies, professional services firms, government agencies, and policy organizations to navigate complex regulatory and legislative landscapes. For more information about Statt, please visit www.statt.com.

    About Moneta Ventures
    Moneta Ventures is an early-stage venture capital firm with offices in Austin, TX, and Folsom, CA. The firm invests in high-growth B2B technology companies along the US West Coast and in Texas. Founded by serial entrepreneurs with a track record of building and exiting large technology companies, Moneta works closely with founders to help companies scale operationally alongside capital investment. Moneta Ventures has invested in more than 50 companies since 2014, including Mindtickle, Grin, VideoVerse, Aumni, Sibros, and App Orchid. 

    Company Contact
    Steve Glickman
    info@statt.com


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