Forward

Forward is a permissionless protocol that lets market makers efficiently provide capital to NFT markets, while preserving creator royalties. It is an NFT liquidity protocol that allows market makers to efficiently provide capital to NFT markets without abandoning creator royalties. To do so, the protocol escrows NFTs in a shared vault, allowing market makers to verifiably facilitate trades between peers and pay a single royalty for these trades. As a result, collectors get better prices and instant liquidity, costs are lower for market makers, and royalties are preserved for non-market making behavior. Forward is a core piece of infrastructure that seeks to both improve NFT liquidity and find a meaningful middle-ground between NFT creators, collectors and liquidity providers regarding royalties. Born out of conversations about the tradeoffs between creator royalties and market liquidity, Forward is designed to: 1. Improve NFT liquidity. 2. Create infrastructure to help creators understand and enforce royalties. 3. Begin a meaningful dialogue between creators, collectors, and liquidity providers to find common ground.