What is a forge? Forj (BONDLY), a subsidiary of Animoca Brands, is a Blockchain project that offers Web3 products and platforms. In this article, you can find answers to frequently asked questions such as what Forj is, what it offers, what is BONDLY, what it does, and how to buy it. cryptocoin.com we have prepared for you. Let’s examine together this token, which serves in Web3, NFT and Metaverse areas.
What is a forge?
Forj is a subsidiary of Animoca Brands. This firm offers Web3 products and technologies that create diverse experiences for content creators. Designed as an end-to-end solution, Forj collaborates in areas such as music, entertainment and games. It uses NFT, Metaverse and Blockchain technology for this. He currently has a partnership with influencer Logan Paul, Grammy nominee Lewis Capaldi, and leading platform Spring. In addition, the project hosts a number of sub-companies.
What does Forj offer?
Forj currently works on BNB Chain, Ethereum and Polygon networks. The two key products this Blockchain project offers are Metaprints and PolkaPets. Both of them serve in different fields. For example, Metaprints helps brands build their Metaverse assets. It works as an end-to-end solution provider that helps with everything. Its solutions include land purchase/lease, zoning, development and asset sales.
Polkapets, on the other hand, serves in the GameFi field. This is an NFT project that promotes participation in the Polkadot Blockchain ecosystem. In this Metaverse called Polkapet World, every user can own a Polkapet NFT. These NFTs provide specific tools and benefits to each owner. In addition, users can play games in Metaverse and access DeFi products with their NFTs. In addition to these two projects, Forj also has various partnerships in areas such as games, music and entertainment.
What is BOUNDLY? What does it do?
BOUNDLY is the native cryptocurrency of the Forj ecosystem. Located on the BNB Chain, Ethereum and Polygon networks, this token powers the ecosystem. BOUNDLY’s first use case is to bring decentralization to the Forj ecosystem. Accordingly, users who hold the token have a say in the management of the platform. This includes making recommendations to the team managing the project through proposal submission and voting.
The second use case of the BOUNDLY token is DeFi. This token can be staked as it works with the Proof-of-Stake mechanism. Accordingly, users become validators by locking their tokens on the platform with a certain maturity. Verifiers earn additional BOUNDLY rewards when maturity expires. Finally, the cryptocurrency provides access to exclusive token launchpads, airdrops, and various other benefits on the Forj platform.
What is a forge? How to take BOUNDLY?
Forj is currently listed on many cryptocurrency exchanges. Accordingly, BOUNDLY is currently traded on KuCoin, MEXC, Gate.io, BitMart and PancakeSwap exchanges. Interested investors are required to become a member of one of these exchanges and verify their membership. After that, they can buy the cryptocurrency by depositing an asset in their wallet that matches BOUNDLY pairs.
