The #pledgecamp network was invented to deliver the utmost form of security, decentralization, and transparency needed by creators. The core purpose of using the blockchain technology to back up this invention is because it allows individuals from where ever they are to be able to use it, it undermines race, religion, ethnicity, country or believes.
Complex financial transactions can be executed in a trusted decentralized network without the need for an escrow or intermediaries. PLEDGECAMP aims to abolish traditional difficulties faced by crowdfunding, provide them with a feasible solution, and fix underlying issues for a universal innovation. With this new invention, cryptocurrency projects can easily fund their projects with the help of their communities.
Entrepreneurs using #pledgecamp will succeed in their endeavors, unlike other project owners who now face challenges raising the required fund to get their projects established. The current bear market is one reason why most crypto lovers no longer participate in upcoming projects during their ICO (initial coin offering) phase because at the time of listing their investments no longer have value.
The platform is centered around the backers (a decentralized and trusted escrow service that keeps the assets of users safe), the creators (entrepreneurs with projects in need of community support and reduced service fees), and the platform users (users who participate in platform activities and in turn receive incentives for their help in #pledgecamp platform enhancement.
The team behind #pledgecamp has decades of expertise in crowdfunding, they’ve helped numerous entrepreneurs with the needed awareness of their projects but not without some hiccups along the way.
The #pledgecamp network will exist with a dual token functionality namely: the #pledgecoin and the #campshare token with two different tasks, the PLEDGECOIN will be used as a payment gateway for services rendered on the network. It can also be used for insurance and campaign deposits for projects during their crowdfunding phase. It will be listed on an exchange with adequate liquidity.
The #campshare also has its own functionality and use cases, unlike the #pledgecoin it won’t be listed in any exchange, available for sale, it requires KYC (know your customer) procedures and has some other restrictions. The only holders of CS (CAMP SHARES) are moderators, #cs will give access to users to become trusted moderators. Below are details on how to become a mod.
This is quite easy to become a community moderator, individuals interested in becoming must stake a minimum of 100,000 (might be adjusted) #plg to receive Camp Shares which makes them authenticated moderators, the tokens are transferred to a non-trading smart contract. The ratio of staked #plg to #cs is ratio 1:1. The moderators help keep law and order by removing community members who violate the rules and other special tasks to uphold their leadership status. Moderators act as police officers keeping the platform intact and are incentivized with service fees derived from platform users.
CREATOR ACQUISITION FUND: 5%
MODERATOR ACQUISITION FUND: 5%
COMPANY, TEAM, ADVISORY BOARD: 10%
PLATFORM FUND: 15%
PUBLIC DISTRIBUTION: 20%
COMMUNITY RESERVE: 45%
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