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Monday, June 22, 2020

No One Will Tell You: Forsage Averaging


Going into summer there is a ton of optimism concerning Forsage. Participants in the ETH SMART CONTRACT have grown to just over 317,000. Amazing growth in a few short months.

However, the majority of those participating are locked into only the first two slots. Over 200,000 in level two and 100,000 in level three are locked in and then you see each level decline as the levels advance to Level 12. Only 126 people out of 317,000 have locked into level 12 for example.

So the challenge is to not only invite new participants while also encouraging those within the smart contract to accumulate slots. This can only happen with the accumulation of more ETH for purchase power.

Two things many will not tell you is that the smart contract in essence is tied to the value of Ethereum. What does that mean?

Well you have to accumulate ETH in order to use it to purchase slots via your wallet. Once you do that and purchase additional slots in Forsage you may see rewards which will also come via ETH for you to withdraw or hold.

Whatever the value of ETH is in the trading market determines much of the cost and the value you will generate over time.

Many also do not tell you the "gas fees" required via your wallet to move your ETH to Forsage. Gas fees are charged upon transferring from your wallet to Forsage. Metamask is typically fair. Some wallets charge far too much.

So understanding many of the facest is important.

If you are creating a team than you will want to disclose all this to your team when they join so they understand to expect those "gas fees" as well as the market change in ETH.


For example, last week to lock in first few slots would have cost you this:

.05- 11.37$
.1-   22.74$
.2-   45.48$
.4-   90.97$
.8-   180$
    TOTAL:  350.56$
So to lock in these slots would cost (less gas fees) 

Today: ETH is rising 10% in trading so now the cost for the same slots are as follows:

.05-   12.23$
.1      24.46$
.2-     48.91$
.4-     97.82$
.8-   195.64$
    TOTAL: 379.12$

The difference equals $ that one could have used to purchase an extra slot in x4.

ETH has gone from 217 last week to 244 today.

Do not miss out on timing your purchases effectively. This is how we roll. Always look for value and then create the opportunity to put thnat vlaue to work.

This is why last week we green lighted purchase of Ethereum and locked in the value in order to use it within the smart contract effectively.

Locking in ETH at lower level now permits the team to join with other new Eth Smart Contracts releasing soon to capitalize on the rise of Ethereum and generate more ETH over time.

ETH/USD daily chart. Source: Tradingview​​​​​​​

We are excited to enter two new additional Eth Smart Contracts to join Forsage only this time we have the opportunity to enter them with the first round of participants the VERY FIRST WEEK of release.


Visit our page to learn more.



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