The CONG token is the new crypto hype

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SAO PAULO, Jan. 09, 2023 (GLOBE NEWSWIRE) — The Conglomerate Capital, the project that successfully attracted investment from well-known capitalists and backers of blockchain companies last year, is launching its token presale event on January 16, with a goal of $2.5 million. Based on the experiences of the founders, this amount will be filled quickly.

The world is rapidly changing and becoming more decentralized as it becomes more digital. Decentralized Autonomous Organizations (DAOs), blockchain, DeFi, web 3.0 and cryptocurrencies are gaining popularity.

How to use all these new technologies in a way that benefits society is now the problem.

In terms of financing and investing, these new technologies offer a rare opportunity to deliver exceptional private market investment opportunities to retail investors around the world. Until now, these opportunities were only available to venture capital (VC) and private equity (PE) funds.

Conglomerate Capital (TCC) is the unique web3, BEP20, DAO-governed blockchain-based investment and funding platform from which disruptive startups as well as SMEs (small and medium-sized enterprises) will raise capital, where investors will be able to access exceptional venture capital and private equity opportunities via the CONG token.

Additionally, the TCC and CONG ecosystem is the first and only to develop governance and investment features to guide and protect investors through the adoption and use of new market features and to draw on the insights of top leaders in the venture capital and private equity industry to influence how people allocate their capital.

“At TCC, we seek not only to democratize investment options, but to streamline the investment process for investors and fundraising for businesses,” says Diego Queirantes, Founder and Head of Deal Structuring. “We are ready to revolutionize the world of investing,” he continued. “Investors are more than welcome to join the journey to reshape the way people invest their capital.”

The creator of The Conglomerate Capital kept people in mind when developing the company and its digital token, CONG. Yves Civolani, founder and CEO and former executive of the private equity industry, has come to the terrible realization that because the average person lacks basic financial knowledge, they are forced to spend their life’s working savings in substandard opportunities.

His parents never had the opportunity to engage in venture capital and private equity investments and earn lucrative returns as regular retail investors.

The TCC concept was born out of his desire to make these opportunities accessible to ordinary people by assembling a conglomerate of businesses led by global minnows.

“Before starting work on the development of the project, a thorough examination of the VC/PE, crowdfunding and crypto launchpad sectors was necessary,” said Yves. “We wanted to understand the concerns and issues from the perspective of all participants: investors, business owners/companies, and platforms.”

Prior to founding the project, Yves worked for over a decade for top tier global private equity funds. Therefore, throughout his career, he has learned by doing what the problems of startups and SMEs are in raising capital from equity or debt securities.

With all of this in mind, TCC seeks to address these issues by decentralizing VC and PE infrastructure while imposing a cycle of accountability and alignment of mutual interests.

In order to add value to the CONG token, based on the founding team’s experience in VC/PE/M&A environments, TCC intends to bring various industry features to the cryptocurrency world through to the use of DeFi and blockchain, under a DAO governance structure. This is in line with the main attributes of the TCC & CONG ecosystem. Investors are encouraged to hold their tokens and use CONG as a form of asset storage.

To ensure greater investor consensus and a more democratic funding procedure, TCC offers far more benefits than the conventional paradigm, including zero-knowledge authentication, decentralized data storage, trade agreements, and more.

The TCC white paper indicates that priority would be given to early investors when allocating investments. In exchange for CONG, the platform will receive USDT, BUSD, and USDC. The only token in the entire ecosystem, CONG, will fund all businesses. Compared to other crypto launchers, this is a significant difference as they all face alignment issues due to funded projects each launching their own tokens, competing for allocation. of investors’ capital.

According to the roadmap, fiat and credit cards will also be accepted by TCC throughout the development of the project. Although CONG cannot be traded in a DEX or CEX (decentralized or centralized exchanges), its price will increase if a trading opportunity passes through the platform because, based on the DAO mechanism, the holders will decide the price of the token for each fundraising campaign. . This will put buying pressure on the token.

The CONG presale will start on January 16, 2023 at 9:00 GMT with a symbolic price of 0.0025 USDT. The sale will be made directly from the project website. So now is the best time to invest and join the ecosystem. Based on the hype already generated when the project was announced, the second presale round, which will begin as soon as the first one comes true, will see the price of the CONG token increase by 20%.

The management team of TCC has extensive expertise in the investment industry as a whole, while the development team is made up of a group of blockchain and website developers, embracing the development most powerful and newest technique in the cryptocurrency industry.

The TCC team has years of industry expertise and has raised over $200 million using a variety of mechanisms including debt, equity and convertible debt. The team has also carried out numerous mergers and acquisitions transactions over the past few years. By helping to review funding requests, all of this experience will work to benefit the ecosystem. They are all on board and aligned with the investors as the team is paid by CONG.

For more information on The Conglomerate Capital, see the links below.

Company website: https://www.congcap.com

Telegram: https://t.me/congcap

Twitter: https://twitter.com/ConglomerateCap

Email: [email protected]

LinkedIn: https://www.linkedin.com/company/the-conglomerate-capital

Contact details: Yves Civolani Founder and CEO [email protected] +55 11943930377

Related Files

Deck – The Conglomerate Cap_v47.pdf

White Paper – The Conglomerate Ceiling_v49.pdf

Related Images

Image 1: PR – The Conglomerate Capital

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PR – The Conglomerate Capital

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