Introduction
The users and researchers of information and knowledge on the Internet have recently found it difficult to get the needed results from their actions. This has caused them to spend much time and resources in their quest for good knowledgeable information. Most users have been discouraged by these challenges.
These challenges moved some Defi experts to establish the ccFound platform to provide solutions to these challenges facing the information technology system. The platform is designed to provide the necessary tools and enabling environment for users to exploit their information intellectuals, develop their knowledge status and also monetize their information products.
The platform uses the traditional question and answer method to develop and share useful information to broaden the wisdom of its participants. It is designed to operate and be translated in different world languages to accommodate various users across the globe. The participants are given the opportunity to showcase their talents in the platform through webinars, courses, publications etc. They are also provided a marketplace to monetize these products and improve their socioeconomic conditions.
The community operates a decentralised governance system where the users are given the right to take part in governing decisions, even though the project developers take major decisions in the community.
ccFound Ecosystem
ccFound projects to establish the largest online information knowledge network in multiple products and languages. It has a technique that will update its database automatically through questions and answers.
Initially, its focus will be on cryptocurrencies, which have a very large number of both current and intending participants asking various questions about the cryptosystem and seeking for good responses and solutions to Defi challenges. The platform will provide the needed answers and impact the wisdom of the crypto users. These crypto participants will build a strong broad database for the ccFound platform.
Thereafter, the community will introduce various products and languages to accommodate different people from across the globe in order to dominate the Internet. Various platforms will also be established on topics like science, health, relationships, and other interesting topics that will be determined by the community regulators.
The community will create an enabling environment and tools, and will also partner with people who intend to develop, share and acquire knowledge and wisdom with great expatriates across the globe. Great efforts are also rewarded and monetized in the platform.
Participants can introduce their knowledge products and sell such in the marketplace of the community. 80% of the proceeds from the sales is given to the author of such a product, while 20% is retained in the community rewarding fund providers and holders of CC coins, and also for the development of the community.
ccFound Coin
The ccFound community activities is centered on an ER-20 cryptocurrency inscribed as CC. The management will supply 2,000,000,000 CC for the project. They also reserve the right to supply more CC if the need arises. Although they will instill measures to control the availability of the tokens to loss of its values to market volatility.
There are conditions that will be met by buyers of the token, including KYC completion for all non-EU resident customers, and EU resident customers buying CC above EUR 1,000.
The supplied CC tokens will be allocated as follows:
Private Sales 14.5%
Sponsors 20%
ICO 50%
Retaining 15.5%
Major Assumptions of ccFound
The following assumptions are made about the ccFound community.
Liability
The community is liable for the accuracy and validity of all contents of its prepared documents.
Applicable Law
The community documents were produced in accordance with provisions of public laws. Nonetheless, the CC coin should not be viewed as a financial instrument or stock securities that are traded in local stock markets.
Nature of document
The management aims at providing adequate information that will guide investors in taking reasonable decisions about ccFound platform. The document is self explanatory, though it is not an invitation for investment.
Acquisition of Knowledge
Internet users can acquire and accumulate knowledge from the Internet through some directions and techniques. According to the results from the research conducted on various internet platforms and forums like Facebook, Yahoo, Wikipedia, YouTube, Stock Exchanges, etc. ccFound will accumulate and broaden the knowledge of its users through the following:
Proper arranging of its recent questions in the order of their number of votes from learner to matured categories. This will enhance self auto-updating of the knowledge base of the platform and help its users to access choice topics easily.
Keeping the platform in order by avoiding unnecessary duplication of questions, and acceptance of reporting and examining information contents.
Developing Mobile apps
Establishment of automatic language translation machine, for quality, moderate and accurate transactions.
Rewarding participants with extraordinary ideas.
Monetization of the users knowledge through instituted internal marketplace.
Features of ccFound
The platform will offer the following features for its sustainability:
Offering of workshops, webinars, publications, online conferences, educational courses by best selected teachers.
Offering agreed assistance and furnished tools in a serene environment to its users to develop their knowledge talents.
Establishment of other useful products that will lure more participants and investors for the growth of the platform.
Institution of control measures to deter and reduce scams and fraudulent activities from the community.
Operation of a Decentralised organization to harness the ideas and commitment of the members of the community.
The activities of the community will be built on smart contracts to ensure the safety and protection of its valuables. Regular admits and checks will also be conducted on the platform.
Creating avenues for sharing and monetizing knowledge and experience.
Disclaimer
There are inherent risks associated with trading in cryptocurrencies which lead to loss of assets. The participants in ccFound must admit to be conversant with these risks, and are advised to seek professional advice from financial and legal experts before investing in ccFound. Thus, the white paper and other website contents of the platform is for information purposes and not an advice or invitation for investment.
There are some risks in the platform which may affect the fortunes of the users and cause financial losses. Such are:
Liquidity Risk
There may be failure of contractual agreements, resulting in provision of poor services. This may affect the business operations of the platform and affect its liquidity.
Operational Risks
There may be failure of the operating systems, caused by human error or hackers activities, leading to losses. The blockchain technology may also suffer some technical issues that may be detrimental to the platform operations.
Wallet Private Keys
Users who disclose their wallet private keys do so at their own risk. They are to keep it confidential and safe, and under no condition will any user be requested to provide the keys.
Fluctuations in Cryptocurrencies exchange rate.
The prices of cryptocurrencies are influenced by various economic and technical factors which causes it to fluctuate abruptly. Sometimes it nosedives and affects the investors adversely. Investors that buy with local currency may also face challenges of adverse exchange fluctuations resulting from socioeconomic and political factors in the national country.
Low return on investment
There may be low returns on investment from the expectations of the investors.
Changes in tax and legal pronunciations.
There may be unexpected changes in tax, legal and financial policies which may affect the business activities of the community.
These risks may have adverse effects on the values of assets investment in ccFound platform. Therefore, the community will not be held responsible for any loss by its users.
Roadmap
There are set processes and procedures that will be implemented by the management team in the establishment of the ccFound community.
Summary and Conclusion
ccFound is a defi project established to bring tremendous revolution in the information technology world. It has an unprecedented product and features that will help to explore knowledge talents in the users. Tools, avenues, support and agreements will be given to users to share and monetize their ideas and talents. These features will attract various users from across the world to the community. Therefore improving the liquidity and sustainability of the community and the entire cryptosystem.
Useful InformationWKA
https://t.me/ccfchat
https://shop.ccfound.com/
https://www.linkedin.com/company/ccfound/
https://twitter.com/ccfound2
https://shop.ccfound.com/media/other/EN/ccFOUND-whitepaper-EN.pdf
https://www.facebook.com/ccFOUND1/
http://youtube.com/channel/UCeUWDOf5QLZnVr3C-lM4WKA
Author Information :
Bitcointalk Username : Onyeagwaojoo
Bitcointalk Account Link : https://bitcointalk.org/index.php?action=profile;u=2890534
Prove of Authentication : https://bitcointalk.org/index.php?topic=5341103.msg57288693#msg57288693
BSC Address : 0xBa52b9eA68a4c8EF7593FC51CCf6769832acc5b4
I love this project. We really need great wisdom in this era.
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