what is forsage

Forsage is a decentralized platform that connects people from all over the world and provides unlimited opportunities for a brand new economics since 2020. It is a smart contract for starting and developing a blockchain-powered online business. Forsage operates on the Ethereum network and is built using a smart contract system to generate crypto assets. The Forsage Community is 2,000,000+ people from 200+ countries around the globe, and their total turnover exceeded 1,000,000,000 US dollars. However, Forsage has been indicted for running a global Ponzi and pyramid scheme that raised approximately $340 million from victim-investors. The founders of Forsage, Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov, all Russian nationals, allegedly touted Forsage as a decentralized matrix project based on network marketing and “smart contracts,” which are self-executing contracts on the blockchain. Therefore, it is important to be cautious when investing in Forsage or any other similar platform.