Forkast Price

Forkast is a cryptocurrency designed for gaming and internet culture prediction markets. It allows users to create and participate in markets based on trending topics in gaming, memes, streamers, breaking news, and Web3 assets. Forkast was incubated by Community Gaming, a leading tournament management platform. Key features of Forkast: - Current price: $0.001251 - 24h trading volume: $67.24K - Market cap: $216.69K - Circulating supply: 173.21M CGX - Max supply: 1B CGX - All-time high: $0.133 (February 19, 2025) - All-time low: $0.0002567 (May 30, 2025) Forkast is built on the Ronin blockchain and Ethereum. It aims to bring prediction markets to the gaming and internet culture space, allowing users to speculate on various trending topics. The project is backed by notable investors including Binance Labs, Animoca Brands, Multicoin Capital, and others. As of 2025-07-23, Forkast ranks #4415 by market cap. With its focus on gaming and internet culture, Forkast seeks to tap into the growing intersection of crypto, gaming, and social trends.

Forkast was created on April 2, 2019. The cryptocurrency was launched on the Ethereum platform and later expanded to the Ronin blockchain. Forkast aims to provide a prediction market for gaming and internet culture, allowing users to create and participate in markets based on trending topics in gaming, memes, streamers, breaking news, and Web3 assets. The project was incubated by Community Gaming, a tournament management platform, and has received investments from notable entities in the blockchain and gaming industries.

The founders of Forkast (CGX) are not publicly disclosed. Forkast was incubated by Community Gaming, a leading tournament management platform in the gaming industry. The project is backed by notable investors including Binance Labs, Animoca, Multicoin, BITKRAFT, and Griffin Gaming Partners. Forkast was launched in 2019 as a prediction market focused on gaming and internet culture topics. While the specific individuals behind the project remain anonymous, it has gained support from established players in the blockchain gaming and Web3 space.

Forkast works as a utility token within the Forkast prediction market ecosystem. Here's how it functions: 1. Market Creation: Users can create prediction markets on gaming, memes, and Web3 topics using CGX. 2. Participation: Traders use CGX to buy shares in prediction outcomes. 3. Rewards: Correct predictions are rewarded with CGX tokens. 4. Governance: CGX holders can vote on platform upgrades and new features. 5. Fee Payments: Transaction fees on the platform are paid in CGX. 6. Staking: Users can stake CGX to earn passive income and platform benefits. 7. Liquidity Provision: CGX can be used to provide liquidity to prediction markets. The token operates on both Ethereum and Ronin blockchains, allowing for cross-chain functionality. With a total supply of 1B CGX and 173.21M CGX in circulation, CGX facilitates the entire prediction market ecosystem, incentivizing user engagement and platform growth.

Forkast utilizes a dual-chain architecture, operating on both Ethereum and Ronin networks. Its core technical components include: 1. ERC-20 token on Ethereum: Provides liquidity and interoperability with the broader DeFi ecosystem. 2. Custom token on Ronin: Enables fast and low-cost transactions for gaming-related activities. 3. Cross-chain bridge: Facilitates seamless asset transfer between Ethereum and Ronin chains. 4. Smart contracts: Power prediction markets and automated tournament payouts. 5. Decentralized oracle network: Ensures accurate and timely data feeds for prediction markets. 6. Layer 2 scaling: Leverages Ronin's sidechain technology for improved scalability and reduced gas fees. 7. Governance mechanism: Allows CGX token holders to participate in protocol decisions. This hybrid architecture combines Ethereum's security and liquidity with Ronin's gaming-optimized performance, creating a robust foundation for Forkast's prediction markets and esports ecosystem.

The future of Forkast (CGX) looks promising. The project has a clear roadmap focused on expanding its prediction market platform for gaming and internet culture. Key milestones include: 2025: Enhance user experience and increase market liquidity 2026: Launch new prediction categories and integrate with major gaming platforms 2027: Expand to mobile apps and introduce advanced analytics tools 2030: Achieve 1 million active users and become the leading prediction market for gaming The team is backed by notable investors like Binance Labs and Animoca Brands, providing strong support for long-term growth. As adoption increases, the price of CGX is projected to reach $0.001434 by 2026, $0.001864 by 2025 + 3, and potentially $0.002296 by 2030. With its focus on gaming and internet culture trends, Forkast is well-positioned to capture value in the growing intersection of Web3 and entertainment. The project's integration with Community Gaming's tournament infrastructure also provides a solid foundation for user acquisition and utility.