Introduction

The ever-expanding cryptocurrency market (which has focused specifically on decentralization) has created the need for management and organization. Good management can be a double-edged sword for market users and developers. Therefore, Forefront was established to cover part of this need. If I want to be a little more specific about what Forefront does, I have to say that Forefront helps us track "social tokens" with the help of data and analysis and, if necessary, tailor it to our needs and thinking. Let's start using them. Some time ago, Forefront celebrated its one-year anniversary and has a long way to go. They currently support 23 social tokens, which are expected to increase in the future.

Methodology

The following methods were used in this study:

• First, I used the treasury address counter to get the dollar value of each treasury holder for 6 tokens in the last 90 days and draw a general chart.
• Then, for a better comparison and conclusion about Chapter 2, I did the above review from the beginning of 2022 to February 20 (the day before the introduction of Chapter 2) and from February 21 to the current date. The first period consisted of 51 days and the second period consisted of 60 days.
• Then I checked the payments made by treasury holdings in these 90 days to find out which tokens were made by these payments.

• Total Treasury values ​​(in USD scale) have been declining over time. (From about 12 million (in average) to less than 9 million (in average))

• Among these 6 tokens, it is quite clear that the FF token has a large share in the total treasuries of each day. The USDC is in second place and the ETH is in third place.

• How have they allocated funds over time between these holdings?

  1. FF: This token plays the role of a leader here that changes the daily values ​​of treasuries as it increases or decreases. For this reason, it was expected that the trend of total treasury values ​​in FF would be repeated, which is the same.
  2. USDC: This token is also experiencing a downtrend, but the difference with FF is that you can not see a clear ups and downs in the USDC chart, and a downward trend can be seen, which was not the case with FF at all. The intensity of this downward trend in the last days of this period is less than its beginning.
  3. ETH: It has a completely different look from the previous two and has a completely upward trend. In terms of its ascending nature, it also seems to be a mixture of step-by-step increase and fluctuation. But the remarkable thing is the very high growth of this token in the treasury. From an average of $ 20,000 at the beginning of this period, to an average of $ 180,000 in recent days (a 9-fold increase.)
  4. ROBOT: has experienced a more volatile trend (in terms of the number of fluctuations) than the previous three tokens, but the intensity of these fluctuations is not high and a neutral trend can be observed about this token.
  5. WETH: This token has also seen a growth of at least 25%. (At the end compared to the beginning) The trend is the fluctuation that the range of these fluctuation is large.
  6. FIRST: The number of days this token is present as treasury holding is less than the number of days it is absent. But if we consider the same days that it was present, we can see an upward trend that shows a growth of more than 200 percent.

Overall:

Before and After Season 2:

Comparing the charts before and after the beginning of season 2, some interesting points can be seen:

• Regardless of the values, if we pay attention to the trends, the downward trend before season 2 has been moderated to a large extent after the beginning of season 2. In Season 2, although the overall downward trend is still, it is both very small and two significant growths can be seen, something that is not the case in Season 1.

• The trend of the presence of these three tokens (FF, USDC and ETH) is different in two seasons:

  1. FF In the first season: the general trend is downward (although you can see the increase several times, but they are not enough to change the overall trend). Reaching an average of $ 18 million to an average below $ 10 million in about 50 days is a good indication of this downward trend.
  2. FF in the second season: has experienced a different trend. From $ 8 million (average) at the start of the second season, it reaches more than $ 9 million in early April and then experiences a 25% drop in a relatively significant 20-day period to below $ 7 million (average) arrives.
  3. USDC in the first season:: Rarely experienced a downtrend. The fact that in about 50 days from 1.8 million (on average) to less than 1.7 million shows a decrease of less than 10 percent.
  4. USDC in the second season: The trend in the first season is repeated here with a very good approximation.
  5. ETH in the first quarter: has experienced a downward trend (more than 20% decrease) and with significant fluctuations.
  6. ETH in the second season: we see a completely different trend. A more than doubling growth in the first 40 days of Season Two and then a small 10% drop indicates an increase in the ETH token share in Season Two.

About Season 2:

Forefront this season intends to take a big step forward by solving the problems of the previous season. They intend to align with some inaugural working groups that will kick off with the start of the new season:

* Onboarding (DAO Contributor & Community)
* Web3 Creator Residency
* Community Programming
* FF Journal & Museum
* FF Daily
* FF Newsletter & Wrapped
* $ SOCIAL Index
* Metagovernance & D2D
* FF Product Labs

Another important part of this season is Vibez Infinity Flow, which aims to target humans as the core of DAO design. This concept is provided by participants who have the facilities and resources of time and attention.

In the first chapter, the high commitment of the participants was the main condition for the base layer of the Contributors Association. But in the second chapter, new roles were set for improving this situation, along with not compensating them:

• Pioneers. Forefront is the Contributor’s sole work focus [in terms of hours, minimum 30-35 hours/week].
• Oracles. Forefront is the Contributor’s primary, or top 2, work focus [minimum 20-25 hours/week].
• Alchemists. Forefront is a Contributor’s "part-time" commitment [15-25 hours/week].
• Voyagers. Forefront is a low-priority commitment for the Contributor [10-15 hours a week].

Payments:

These results show that during this 90-day period of my study, treasury payments were made by FF and USDC tokens at 44.2% and 55.8%, respectively.

Conclusion

• Forefront Treasury Holdings have undergone changes over the past 90 days, including a decrease in the amount of FF and USDC tokens (the first two tokens in terms of share value) and a significant increase in the amount of ETH tokens (especially in the second quarter). These results are in line with Webb's goals from the creation of the second season.

• In overall, the total amount of treasury has decreased in both seasons. Forefront investment in projects seems to be accompanied by a growing trend, which is a positive development.