Derivatives platform are always of interest to me, but it's a crowded market that appeal to a very small fraction of the entire crypto community.

Team: Can't find their CEO on linkedin and no information on his credentials outside of being a computer programmer. Did he ever run a business? Did he understand derivative trading? None of the team on the website can be clicked to see their linkedin profile, that's a bad sign to me. One of the co-founder is listed as an advisor, so that doesn't seem like he is dedicated to be a co-founder to this project.

Tokenomics: 20% allocated to the team, 15% to marketing and Partners, 52% to ecosystem, 10% to private investors, and only 3% to public sale. So essentially, it's a privately founded company with brief mention of vesting without any details. I would clearly never buy a token like this, it looks like a rug pull ready project.

They mention partnerships with a real estate developers that they will provide some of their utility into the platform, what exactly does that entail?

They say, some NFT will be minted for users based on certain conditions such as being liquidated 10x in 1 day... that is the most worthless badge of honor ever conceptualized.

FWX is a decentralized finance platform on EVM based chains offering two main services: the decentralized derivative exchange (DDEX) and lending & borrowing pools (LBPs).

Forward

Derivatives platform are always of interest to me, but it's a crowded market that appeal to a very small fraction of the entire crypto community.

Team: Can't find their CEO on linkedin and no information on his credentials outside of being a computer programmer. Did he ever run a business? Did he understand derivative trading? None of the team on the website can be clicked to see their linkedin profile, that's a bad sign to me. One of the co-founder is listed as an advisor, so that doesn't seem like he is dedicated to be a co-founder to this project.

Tokenomics: 20% allocated to the team, 15% to marketing and Partners, 52% to ecosystem, 10% to private investors, and only 3% to public sale. So essentially, it's a privately founded company with brief mention of vesting without any details. I would clearly never buy a token like this, it looks like a rug pull ready project. 

They mention partnerships with a real estate developers that they will provide some of their utility into the platform, what exactly does that entail?

They say, some NFT will be minted for users based on certain conditions such as being liquidated 10x in 1 day... that is the most worthless badge of honor ever conceptualized.

Forward FWX

DeFi Derivatives Exchange