The Form Network project (token symbol: FORM) is a second-layer blockchain protocol built on the Ethereum network, aimed at accelerating the adoption of social finance (SocialFi) applications by providing a low-cost, high-performance environment.
⚙️ What is Form Network?
Form Network is built using the OP Stack, allowing for the creation of scalable sidechains, with a focus on interoperability between social and financial applications. The project aims to attract 50 million users to the SocialFi system by 2030.
🪙 FORM Coin
Token: FORM
Maximum supply: 5,000,000,000 coins
Current price: approximately $0.000078
Daily trading volume: approximately $143,900
🔧 Features of Form Network
Integration with Celestia: Form Network uses the data availability layer from Celestia to speed up transaction processing and reduce costs.
Support for SocialFi applications: provides tools for applications like Roll Fun to create tokens for creators and transfer liquidity to decentralized trading platforms.
Flexible development environment: allows developers to easily build DeFi and SocialFi applications, with the ability to bring liquidity from other chains.
📈 Market performance
FORM coin is currently trading at a relatively low price, which may indicate an investment opportunity for investors interested in emerging SocialFi projects. However, thorough research and understanding of the risks associated with investing in cryptocurrencies should always be conducted.