Capital DAO Protocol launches the first decentralized venture capital with DAO for MultiChain.

Capital DAO Protocol, a project aiming at the next path of venture capital, is launching the first decentralized venture capital with DAO for MultiChain. The Capital DAO protocol is developed based on the Web 3.0 philosophy. Despite being an anonymous team, they have 5+ years of experience developing and investing in the blockchain industry.

What is the Capital DAO protocol?

Capital DAO Protocol is a project aimed at the next path of venture capital using decentralized autonomous organizations. Currently, the focus is heavily on the use of blockchain and cryptocurrency worldwide. It is no exaggeration to say that Web 3.0 has become the standard and is beginning to permeate all areas.

However, venture capital has not managed to establish a Web 3.0 style. Amidst this shift from Web 2.0 to Web 3.0, the vision of the Capital DAO protocol is to create a new and established VC mode. As Venture Capital’s business model begins by investing in new next-generation projects, Capital’s DAO protocol may initially struggle with the transition to Web 3.0. However, their vision and challenges are to build a new business model.

The Capital DAO protocol aims to disrupt venture capital 2.0 and a paradigm for venture capital 3.0.

The Capital DAO Protocol combines promising future projects with maximizing the investor incentives that exist in the community. There are many incubators in the cryptocurrency community and they use their launchpad to implement project IDOs.

The Capital DAO Protocol differs from others because it is natural for an incubator to provide medium to long-term project support. Their mission is to connect projects to the community and promote the community on what they should focus on the most. They also believe there is a need to increase the level of knowledge among users who participate as a community.

The Capital DAO Protocol aims to operate as a DAO as a next-generation VC in the future. They believe it is important to create a higher level of investor community and project.

Token Sale Method

There are a variety of methods for tokenizing the Capital DAO protocol. By using different formats for different projects, users can conduct flexible token sale and distribute tokens according to the needs of the project.

The different methods allow users to participate in IDO in ways other than with a platform token. The Capital DAO Protocol believes that many IDO platforms are problematic because they overly favor whales. Therefore, this structure ensures that the general investors can participate publicly and have fair access to IDO.

DAO workers

The Capital DAO Protocol is more than just a fundraising launchpad platform. They provide support right from the initial phase in order to secure health and development projects in the long term. They create the opportunity for more projects to grow, not just those in incubation and guided by the Capital DAO protocol.

Capital DAO Protocol is a community-driven organization that includes many KOLs (Influencers, Engineers, Business Developers, Designers, Marketers, etc.). They help users succeed by connecting their projects to KOLs and facilitating development and marketing.

KOLs receive the reward for their contributions to the project and SEEDs for token allocation by an IDO. These incentives increase the motivation for KOLs to contribute.

In order to enable P2P communication as much as possible, they carry out the essential communication individually. However, as there is a possibility of non-payment or contract default in the distribution of the rewards, the DAO Worker platform will use an escrow managed by smart contracts to facilitate secure and transparent exchanges.

treasury

They had a fundraising in September 2021. After deducting the marketing costs and the initial liquidity provided during the token sale, the Capital DAO Protocol successfully raised $8,732,979.63 at the market price on that day.

The budget of the mutual fund is $5,239,787.78, which is 60% of the total amount after deducting 20% ​​for the operating fee and 20% for the system development.

As of February 2022, Capital DAO has managed the following tokens through a multi-sig wallet.

Triple token model

IDO platforms implementing the traditional launchpad only have the benefit of IDO participation in their tokens. Since these only have one type of token, if the market turns into a bear market, the returns for users will be poor. Then the value as a token also decreases. Also, the moment the IDO boom ends, the token price tends to collapse.

Capital DAO will issue three types of tokens: the Capital DAO Starter Token CDSthe capital DAO token CPDTand the Capital DAO Profit Token CPDPallowing users to take advantage of the project.

The Capital DAO Starter not only offers a simple IDO participation right, but also a mechanism to the LaunchPool.

main properties

• Building a VC 3.0 managed by DAO members

• Providing a fair IDO platform for users

• Deploy a “DAO worker” to promote DAOs and the participating project users.

timetable

They will have the CPDT token sale in April, followed by a new method of sale, and they will support multi-chains in the future. They plan to release DAO Worker later this year.

Q2 2022

• Capital DAO Starter Beta Launch

• Introducing V2 Yield Farming/Staking

• First round of funding with Capital DAO Starter($CPDT)

• Introducing V3 Yield Farming/Staking

Q3 2022

Q4 2022

• Launch of the fully functional DAO

• Introducing V4 Yield Farming / Staking (earn $CPDP through Single Staking CPDT and Yield Farming CPDT/ETH LP).

• Multi-chain support for Capital DAO protocol powered by BNB Chain & SOLANA

• Introducing DAO Worker

To learn more about the Capital DAO protocol, visit www.capital-dao.io

Twitter: https://twitter.com/Capital_DAO_P

Telegram: https://t.me/CapitalDAOProtocol

media contact
Name of the company: CPDAO Investment Limited
Interlocutor: Zumi
E-mail: Send e-mail
City: Tortola
Country: Virgin Islands, British)
Website: https://capital-dao.io/

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