The Defi industry is flourishing with developers coming up with several new projects almost on a daily basis. While some of them aren’t worth even the least bit of your time, others have great potential. The Capital Conglomerate belongs to this last category. It is the creation of CBT. This investment and financing platform is based on web3 and BEP20 blockchain. Also, a Decentralized Autonomous Organization (aka DAO) governs its ecosystem. TCC aims to introduce promising new companies and help them find investors interested in financing promising new projects.
The company will also help SMEs to find the necessary funds. On the other hand, investors will have the opportunity to access Venture Capital, as well as Private Equity. They will get excellent opportunities through The Conglomerate Capital ICO – CONG.
According to the team, TCC and CONG aim to teach investors how to use new market features and create governance. The company will employ global Tier 1 VC expertise, along with executives from the PE industry. It will introduce innovative ways of investing capital and multiply it tenfold.
The team launched their native token on January 16, 2023. The sale will end on February 28, 2023. The total supply of CONG is 10000000000. It ranks quite high on various ICO listing platforms. The token price is relatively low now, but it will increase after the initial coin offering ends. The company will control the distribution of the token. It established that no group could have more than 20% of the CONG tokens. As a result, no single entity or individual will control the ecosystem. Instead, it will have a decentralized government. Community members will be able to vote on decisions related to the future development of the platform. The company accepts USDC, USDT, and BUSD in exchange for CONG tokens.
How does the Capital Conglomerate work?
The team studied and analyzed the Crowdfunding and Launchpads industries before starting work on this project. Therefore, he has an in-depth understanding of how similar projects work and what needs to be done to ensure Conglomerate Capital’s success.
The company stated that it needed to understand the problems in order to find ways to solve them. Thus, it studied the obstacles from the perspective of entrepreneurs/companies, investors and platforms. The ICO of Conglomerado Capital aims to create a solution that helps mitigate the damage caused by the current problems. It will offer customers an advanced platform with high-quality services. The team will decentralize the private equity and venture capital infrastructure. It will also hold the parties (investors and startups) accountable for their end of the deal. In addition, the company will ensure that the objectives of the parties involved are aligned.
The firm noted that the TCC platform is first and foremost a decentralized ecosystem built for investors. The latter can congregate there and find new projects in which to invest. Additionally, TCC will use various advanced DeFi tools, including tokenization, liquidity pools, and yield farming. Thanks to them, you will be able to add value to the CONG token. The platform will also incentivize investors to purchase and hold their tokens. That will boost the CONG coin and make it even more successful.
The Conglomerate Capital team plans to create a fair and transparent decentralized ecosystem by implementing Defi technology. The latter offers zero-knowledge proof authentication, business negotiations, decentralized data storage, and other great benefits. There are many advantages over the traditional model.
What about the other features of the platform?
One of the best features of Conglomerate Capital is its utility token: CONG. It has a limited supply. That means that the value of the token will increase over time, especially if the company burns some of the coins. However, the governance of the platforms must approve token issues. In this case, they would be members of the community.
Also, token holders will greatly benefit from acquiring CONG. For example, they can benefit from CSC sales, dividend tokens, income generation features, interest-bearing tokens, etc. The company aims to help its clients generate income. It also offers several ways to do it.
The team developed a referral program. According to the company, all token holders will be able to submit an application with a new CSC agreement. It has to go through the scrutiny of the TCC management team at first, but after that, there will be a consensus vote. If community members vote in your favour, a new CSC opportunity will be launched on the TCC platform.
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