Jul 26, 2021 • 2 min read

Leading Asian Blockchain Services Organization Forbole Joins Elrond Network As Staking Provider

Lucian Mincu
Lucian Mincu
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We’re excited to announce that Forbole is now offering non-custodial EGLD delegation services for the Elrond community!

Forbole is a leading blockchain services firm originating out of Hong Kong with a strong global presence, who have made an early name for themselves in the staking space as a major Cosmos ecosystem player. They have since expanded to offer infrastructure, tooling, and other services to more than 30 blockchain projects.

Perhaps even more important, Forbole has been building their own products: the Desmos blockchain tailored for decentralized social networks, the Big Dipper multi-chain explorer, and the soon-to-be-released Forbole X staking portal.

Forbole is nothing short of a staking enterprise, with a builder ethos that perfectly matches our own. I’m excited to welcome them into the Elrond Network Validators family and ecosystem.” said Lucian Mincu, Elrond Network CIO.
The Elrond staking toolkit is powerful yet super easy to use. We look forward to engaging with their devkit as well.” said Kwun Yeung, Forbole co-founder.

The Forbole delegation contract is live. You can delegate your EGLD here:

About Elrond

Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.

About Forbole

Forbole is a  blockchain validator, builder, contributor, and your trusted partner in the future of decentralization. Founded in Hong Kong in 2017, Forbole [ˈfɔːbəl] is a pioneer in building blockchain solutions with a strong focus on user experience.

Forbole provides enterprise grade staking services for 25 blockchains and crypto asset management tools for more than 10 cryptocurrencies.  Forbole is launching Desmos soon, a blockchain for social network applications to encourage mass adoption of cryptos and blockchain technologies.