We now live in an era where it is possible for startup owners to raise money via the use of digital means such as ICO’s. However, with that being said, there are still problems that exist within this domain causing entrepreneurs to miss out on opportunities that can help them find sufficient funds for their business.
Conda is a dedicated crypto platform that helps provide monetary support to “small business owners” via the use of a highly simple “crowdfunding platform”.
More About CONDA CRWD
According to official company whitepaper, CONDA CRWD has been designed to serve as “decentralized clearing system” that can help in raising funds for small business owners via the use of the blockchain. It can be thought of as a technology of the future since it allows for investments to be made in a completely secure and transparent manner.
Some of the key features which make Conda stand out include:
As per our research, we have found that Conda’s parent company has been around since 2013. Over the years, Conda has expanded its horizons, and has launched its very own crowdinvesting platform which has been developed by a team of experts who have been in the crypto domain for quite a while now. Lastly, in terms of its past performance, we can see that Conda has successfully financed more than “90 projects”, and has raised a capital revenue of €20 million.
The investment model used by Conda has been deemed legal by lawyers and other financial experts within countries such as Germany, Austria, Switzerland, Liechtenstein, Poland, Slovakia and Slovenia. In addition to this, the company possesses all of the legal paperwork that is required for operation within the UK.
As mentioned earlier, through the use of the blockchain, this platform has been able to create its very own community/ecosystem that sets it apart from other similar investment platforms. First of all, Conda allows for global exchange as well as minimizes the costs of fundraising, thereby allowing for maximum utility for all users regardless of their country or financial status.
Other Aspects To Bear In Mind
To power its ecosystem, Conda will make use of a currency called CRWD to drive all of its operations. These tokens will be fully functional within the countries that have been listed on the official company website.
All of the customers/ companies that make use of this system to raise funds for themselves will be charged a small fee. 5% from this sum will be used towards the creation of a loyalty program that will in-turn be used to dole out incentives to other customers (for performing various tasks.)
Another key aspect of Conda is its R&D program. According to the official white paper, 4% of all funds collected via the company’s ICO will be used to support ongoing “research and development activities” within the Conda ecosystem. Not only that, each transaction that goes though within the company’s network will incur a fee of 0.5%, which will also be used for the further development of the platform.
CONDA CRWD ICO Token Details
In all, there will be a total of 45,000,000 CONDA CRWD Tokens that will be created. However, out of this total pool, only 22,500,000 coins (or 50% of the total token amount) will be made available for purchase via the Pre ICO and Main Crowdsale.
During the pre-sale, native tokens can be bought at a highly reduced rate. In terms of purchasing options, procurement can be done via the use of EUR, BTC and ETH. This sale is currently underway, and will finish soon.
CONDA CRWD Token Distribution Statistics
- 50% of all created currency will be released to the public via the use of two distinct sale periods.
- 10% of the token pool will be used for further product development and research.
- 15% has been reserved for team members and company owners.
- 10% of all tokens will be used towards further expansion of Conda via the use of marketing and advertising schemes.
- 8% will be used for the creation of a loyalty program, as well as for satisfying partnership goals.
- The remaining 7% of the currency will be used for creating a reserve, as well as for the establishment a loyalty program.
Use of Raised Funds
- 32% of all revenue will be used for further technical development of the Conda ecosystem.
- Another 32% will be used for R&D, as well as brand development.
- 28% of the money will be used to strategically advance the use of this platform in other countries.
- The remaining 8% will be used to create a contingency fund for emergency use.
For any further details regarding this platform, customers are encouraged to get in touch with company officials either via email, or through one of their many social media outlets.