We are very excited about this new Community Catch Up to better communicate and share our plans with you all. The team believes this is the perfect way to give the community the chance to ask all their questions about the project, what has been actioned for the week, and for us to give you the clarity needed on these topics.
Some of the questions have been asked more than once by different people on the various social media posts, we will be summarizing them over the next hour, and giving you as much clarity as possible.
Please remember this is going to be a weekly #PledgedCommunityCatchUp, so if you have more questions, send them through using the first #PledgedCommunityCatchUp hashtag, and we will get them answered for you.
I saw you rebranded recently, can share some more information about that?
Yes, the project recently rebranded from Escrow Protocol, to Pledged Capital. As part of this transition, we revealed the new logo, the project’s mission, vision and goals, our social media channels and plans, as well as the new website.
This rebrand was part of making the project more professional, more safe and of course scam free. We faced a difficult situation internally, though we reacted with the support of our partners and advisors. This has taught us a lot and we will apply all this learnings to future projects we will incubate.
We maintain our focus on the future and delivering more to all investors and users. We are proud to have the support of your strong community, and we are looking forward to providing you the perfect tools to control your investments through Pledged Capital.
Can you briefly describe what Pledged Capital is? We would like to know more about it and how it works.
So to answer the question, Pledged Capital is a decentralized trust fund that combines traditional crowdfunding with Blockchain technology and easy-to-engage smart contracts. The technology is under the hood — no SiFi for the user
Start-up projects seeking funding can lay out roadmap milestones and timelines according to their actual capacity and contingent upon realistic performance targets, establishing measurable criteria for delivering payments upon only fulfillable promises.
The focus is on taking responsibility, and delivery.
Pledged Capital’s incremental funding system allows for ICO funding to be managed post-raise with milestone-based micropayments and unprecedented investor oversight.
Investors will then have the opportunity to provide feedback, and vote on the evolution of the project using a smart governance system, based on behavior of users.
The pillars that we focus on as a project are security, prevention, investment, and transparency.
Through that, you will have access to our platform for the following
– Yield Farming Protocols
– NFT s
– Investment opportunity
– In dApp scam free chat
What are your main features and competitive advantages? How does this distinguish you from other projects?
As a project, we are actively fighting against the scams and shit coins that give crypto a bad name.
We do the job that many people and organizations do not like, as it now forces them to be more open and transparent. As a project we strive to be more than just a business, but rather to change the investment paradigm as we know it.
We are solving the following real issues investors are facing:
– Sleeping funds that are inactive, earn nothing. So what we have done is take these funds, allocate them to a DeFi protocol, stake the funds and redistribute the yield to users. The split is set at 70/15/15.
– We provide control and securitization of funds through governance and councils.
– Open funding is easy to apply for.
– Scam, rug-pull, impersonations are avoided and stopped as we have complete over watch.
– We have developed smart usage with vested token with our Redeemable NFT which will be launched
Can you mention the future plans for ‘Pledged Capital’ and share with us your upcoming roadmap?
The goal is always ideally to have reliable information about ICOs, their market areas, and all their of moving parts. This information is difficult to come by, and there exists no comprehensive resource for investor due diligence. The Pledged Capital platform has firm plans in place to expand its services in due course to offer a full investment education package, drawn from expert research and bolstered by the experience and knowledge gathered as the platform scales up and matures.
Another plan is the entering and creation of new networks — we are multi chain, and want to deliver the best possible solutions
We have onboarded big partners, and we have a target. And we are reworking the roadmap that will be updated on the website soon.
By the end of Q1 the goal is to finish the investment score and the allocation system, as well as onboard the first investment opportunity.
It was mentioned that KYC will be mandatory, please can you explain this a little more?
As a project, we are building up an investor’s core. These investors ask questions of the projects, and these projects are required to give this information so that investors can partner and invest in projects aligned with themselves. As a project, you would want the same foundation of a relationship to be offered to you.
Therefore a mandatory KYC will be put in place to ensure the alignment of all parties. AML check allows for different and important types of investors to be onboarded, though it will require some foundational information, shared from the blockchain, to be identified through different systems.
Should a project or investor not want to do the required KYC, it’s very likely this unregulated project is a scam, rug-pull or even involved in money laundering.
Strong regulation is also important to be able to thrive in the country you are operating within. Thus once the KYC is complete, users will be able to access the distribution section where investors will be guested for the next part of the project.
From here we will be able to understand exactly who our investors are and at which stage they joined us.
Once this is completely defined the team will be able to rework the tokenomics of the project, to deliver a solid foundation for the GAIN token.