The
Solution
TCC is a web3, BEP 20 blockchain-based investment and funding platform, governed by a Decentralized Autonomous Organization (DAO), from which disruptive startups as well as SME businesses will raise capital, where the platform´s team, entrepreneurs and investors have interests completely aligned by becoming CONG holders.
Everything circulates around the CONG token. Seeking the best alignment between the Ecosystem parts all deals will be funded through the token. Founders and top management of the Companies will have part of their compensation in CONG as well as TCC Team.
CONG
Tokenomics
Limited max. supply
10 bn tokens. Token issuances approved by governance consensus.
Wide range
of holders
benefits
From various ways from token appreciation, token dividends, sale of CSCs, interest-bearing tokens, income-profiting features...
Pegged to SELIC (brazilian standard market rate). Tokens locked for farming as well as rewards and can not be sold in ther market. Rewards can be used to participate in CSCs deals.Seed, pre-sale and private sale investors have 120%, 110% and 105% of SELIC for their yield farming tokens, respectively.
Yield
Farming
Different per funding event though locked throught Years to reduce sale pressure.
Vesting
Schedule
Reference
Program
Every holder can post an application for a new CSC deal. After passing through TCC management team scrutiny, it goes for consensus voting. Just after that, a new CSC opportunity goes live in TCC platform. Holder that referenced the deal, earns 0.5% of the capital raise in form of CONG.
Price increase
per deal
Along the increase of CSCs opportunities in TCC platform. The sooner investors purchase and hold the token, the better.
TCC
Team
Whenever tokens are minted, 20% goes to TCC team. This aligns interests as well as keeps the DAO system running as any entity will not have controlling interest of the Ecosystem.
CONG
Options
If the hard cap of a CSC event is reached, surplused value is exchanged for CONGo which will be exchanged for CONG when the next CSC event goes online. The exchange price will be CONG’(p-1), which is the token price when investors previously applied.
1.0% (50% to holders based on their yield farming stake, 25% to project funding wallet and 25% to liquidity pool). Seed and presale investors will have 100% discount in year 1 of the platform, 50% in year 2 and 25% in year 3. If they sell a single CONG during this period, benefit is cancelled.
Token
Tax
5.0% (50% to holders based on their yield farming stake, 25% to project funding wallet and 25% to liquidity pool).
Raise
Fee
To increase the number of investors in the ecosystem, new investors will be 1st group to be prioritized and allocated in the funding campaign. After that, investors have their allocation in terms of their share in the total CONG staked.
Fairness
Allocation
We do not want to concentrate decision among Founders or even Venture Capital or Private Equity funds.
The designed Governance for the Ecosystem was built by the best practices in terms of DAO Entitites and DeFi. Every single investor will have a change to participate all decisions throughout the project perpetuous lifetime.
CONG
Governance
Every holder can set to vote, if there is cash available, as governance procedure.
Buyback
Program
In order to make it harder to large token holders to manipulate governance proposals given the increased cost of acquiring votes, CONG protocol will use Quadratic voting feature per staked tokens.
Quadratic
Voting
To reduce significantly governance attacks, minted tokens and addresses of less than 1 year are not eligible for voting as well as unvested tokens.
Vote
Lock-up
The raised capital with be transferred to a scroll account and will be freed based on the milestone deliveries. Holders verify milestones achievements to approve the capital release. If milestones are not achieved and the Operational Company is discontinued, side pocket capital will be locked and allocated to the next raise.
Side Pocket
Protection
Compensation
of ops
Team
Voting consensus approves vesting schedule, quantity and milestones of CONG rewards to new operational team. Bonuses of operational team will be granted in form of CONG, this aligns entrepreneurs to the ecosystem which benefits holders as a whole.
Term
Sheets
When a venture capital and/or private equity fund provides a proposal to acquire new tokens to be minted that represents +5% of the available supply, this needs to go for voting and the project team needs to provide info on the deal.
Deal
Flows
As to fund deals new tokens may be minted, voting consensus approves if a new funding campaign goes live in platform.
Delegated
Voting
Holders can delegate their voting to someone if they can not follow the discussions or do not have expertise on the matter. It can be withdrawn at any time.
Token Allocation
Distribution
No person or entity will have controlling interest in the Ecosystem, this is one of the key pillars towards a strong DAO governance structure like ours.
CONG Token allocation distribution
-
The key concept of the token allocation distribution is a Corporation-type structure of CONG holders were no group can hold more than 20% of the tokens.
-
Investors are majority holders with 19% of CONG Tokens.
-
This means that no entity or person has controlling/majority in the ecosystem.
-
Allocations of CONG tokens generated per funding phase are different due to the project life-cycle and its needs.
TCC Team
Development
Marketing
Rewards
Liquidity Pool
Strategic Partners
CSCs
Investors
(Conglomerate Subsidiary Companies)
Funding
Allocation
Distribution
Apart the initial investments in the platform development and community growth, the largest part of the capital to be raised will be invested in our portfolio of Companies.
Funding allocation distribution
-
The hiring of TCC team and development of token/platform are the most important capital allocations in the seed and pre-sale rounds.
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As the Project ramps-up and more CSCs deals are closed through the platform, more capital are allocated to businesses. That will build the Conglomerate of Companies and skyrocket CONG intrinsic and market value.
CSCs
(Conglomerate Subsidiary Companies)
TCC Team
Development
Marketing