Project Summary
Last updated
Last updated
Capital DAO helps to realize the next generation of projects and Web3 projects. The Capital DAO Protocol connects promising future projects with maximizing the incentives of the investors present in the community. There are many incubators in the cryptocurrency community, and they use their own Launchpad to implement project IDOs. What makes us different from them is that it is natural for an incubator to provide mid- to long-term project support, and our mission is to connect projects with the community and nurture the community, which is what we should focus on the most. We also believe that it is necessary to raise the level of knowledge of users who participate as a community.
The Capital DAO Protocol aims to operate as a DAO in the future as a next generation VC. In order to achieve this, we believe it is important to create a higher level of investor community together with the project.
Change in Product Focus
Our initial goal was to democratize IDOs, but due to shifts in industry trends, this has become challenging. Therefore, we have decided to shift our focus to one of our other missions: "democratizing investment profits." The profits that were initially planned to be distributed as CPDP will now be distributed as stablecoins (USDC or USDT) to pCDS holders, which can be obtained by staking CDS or CDS-ETH LP. For more details, please read the article we recently published.